Dubai is in a position where a large percentage of the available stock is in need of renovation or upgrading. Most buildings are now 15-20 years old (post-initial construction boom) and do not cater for modern tastes. More and more people are searching for upgraded properties (400% rise in search) as either investments or as end-users.
‘Sellers who bought properties two or three years ago are now coming back onto the market with their upgraded properties, showcasing what is possible. Many buyers are happy to pay for the upgraded property, as they want a turnkey solution and do not have the know-how or the time to do the renovation themselves.
As a result, upgraded and vacant properties are commanding a premium. A lot of buyers are upsizing to their next property on their Dubai real estate journey.’
Gulfbusiness.com March 2022
XO Property through our Design service can offer a one-stop solution for upgrades and renovations. We have an in-house team of experienced designers and a network of trusted contractors.
Led by an experienced team of construction professionals, we can identify a solution at a suitable budget based on your needs.
Are you a landlord seeking to maximize your ROI? Have you found your perfect property location but it is dated and in need of upgrade? Or are you looking to sell your property and want to get above market value?
Use the calculator below to get an indication of the cost and potential benefits of upgrading your property. We have a track record of delivering projects on-time and in budget and we will provide you with a no-obligation quotation.