Space race: Dubai residents prefer bigger homes post-Covid

  • Date: 06-Sep-2020
  • Source: Khaleej Times
  • Sector:Real Estate
  • Country:UAE
  • Who else needs to know?

Space race: Dubai residents prefer bigger homes post-Covid

Dubai residents are increasingly moving towards affordable community houses in the wake of the coronavirus outbreak as they now prefer bigger and more open spaces, property developers say.

"There has been a major shift towards affordable community living. So, for example, rather than living in a building in a non-freehold area like Bur Dubai, people are now shifting towards more affordable community living because we have seen the downward push in prices," said Farooq Syed, CEO of Spring?eld Real Estate. "People prefer staying in communities along Al Qudra Road. In Al Barsha, we are seeing internal migration as well."

He noted villa and townhouse projects - such as Majid Al Futtaim's Tilal Al Ghaf - were successful as there was