The multiplicity and variety of real-estate
projects are no longer the decisive factors
in GCCs' real-estate domain, nor does the
innovative architecture shape the promotion
for such projects. The announced prices are
now the main drivers behind the demand
for most real-estate projects. Moreover,
it is quite explicit now that many real-
estate events – regardless of their timing
or targeted segments – have neglected to
provide offers tailored to meet the varied
scale of GCCs community requirements for
accommodation. Unfortunately, most real-
estate projects now offer quality residencies
of world standards, in doing so, targeting
only limited segments of the local, regional
and world community members. This trend, if
continued, will only add more to the instability
of the community as well as to the real-
estate market -eventually driving real-estate
projects to failure for being unable to meet
different demands in different circumstances.
Mazaya Monthly Real Estate Report
December 2014
Al-Mazaya Holdings Weekly Report suggests
that constructing more residence units
tailored to middle and low-income classes
will uplift the feasibility of real-estate projects
and better allocate market shares amongst
real-estate development companies not only
currently, but even in subsequent stages,
and will positively affect social stability and
minimize the price inflation in high-class
residencies regarded as an indicator for real-
estate upturns. The increase in the provision
of middle-class residence units may be
equally regarded as a key for success of real-
estate events in the coming phases especially
considering the inconsistent requirements for
accommodation whether from the wealthy
segments to businessmen or even projects
owners. The continuity of the real-estate
sector to serve only definite social segments
will require official parties to influence and
manage the real-estate sector to prevent this
market from flowing down towards serious
risk that may not be affordably solved.
2
Al-Mazaya Report: Public and private sectors hold
special hopes at CITYSCAPE to reactivate and
upright the situation of local real-estate sector
Feasibility of the Investment in M ddle-
Class Residences
poses New Order for
Real-Estate Development Companies
