Why Master Developers Shape Dubai's Market
    Regulatory UpdateAugust 15, 20163 min read

    Why Master Developers Shape Dubai's Market

    Large master developers plan entire communities, from roads to retail. The advantages of buying in their projects and what to watch out for.

    Luxury Property Specialist

    Forbes-featured expert in ultra-luxury real estate. Elena has facilitated over AED 2 billion in prime property transactions for European and Russian clientele.

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    Much of Dubai has been built by master developers, companies that plan and develop entire communities, including roads, utilities, parks, retail and homes. Their scale and long-term commitment give their projects advantages over isolated developments.

    Advantages of master developers

    • Planning: coherent communities with amenities and infrastructure.
    • Delivery: resources to complete large projects.
    • Management: ongoing maintenance of community areas.
    • Reputation: a stake in protecting the value of their communities.

    Examples

    Emaar, Nakheel, Dubai Properties and Meraas have created many of the city's best-known communities, from Downtown and Arabian Ranches to the Palm and City Walk.

    What to watch out for

    Master developers may launch many phases, increasing supply. Service charges can be significant. Buyers should check the timing of amenities in new phases.

    Sub-developers

    Within master communities, sub-developers build individual projects. Their quality and record vary, and buyers should assess them separately.

    Long-term value

    Communities by strong master developers tend to mature well, attracting residents and holding value over time.

    Community management after handover

    Once a master-planned community is complete, its long-term quality depends on how it is managed. Master developers often retain responsibility for common areas, landscaping, roads and community facilities, funded through service charges. Over time, owners' associations may take on a larger role. Good management keeps parks green, roads in good repair and facilities open and safe. Poor management leads to visible decline, which affects value. Buyers should look at how established communities by the same developer are maintained today, years after completion. This gives a better indication of future standards than the condition of a brand-new phase, when everything still looks immaculate.

    Our view

    Master developers have shaped Dubai's most successful communities. We help clients choose the right community and the right project within it.

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