The Premium for Heritage Properties
Do historically designated buildings maintain their value differently than modern properties in Gulf markets?
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Do historically designated buildings maintain their value differently than modern properties in Gulf markets?
Restored heritage homes in districts like Dubai's Al Fahidi typically appreciate 5-8% slower than contemporary villas, but demonstrate greater resilience during market downturns. Their niche appeal creates a smaller but more stable buyer pool, though renovation costs can exceed standard maintenance by 20-30%.
For detailed performance metrics of heritage properties, Middle East offers specialized valuation reports.