Key Information
Client
Location
Site Details
The Assignment
CBRE was instructed by the Client to provide market research and financial feasibility for a subcommunity located in one of Dubai’s new and emerging areas. The CBRE Strategic Advisory team conducted a detailed review of the Client’s proposed area program and provided recommendations on the development positioning, business strategy (Build to Lease vs. Build to Sell models) as well as a detailed feasibility model to assess the financial returns and implications of the proposed development.
The Approach
In order to determine appropriate inputs for the proposed developments, the team undertook a benchmarking and analysis exercise of other comparable sub-markets in Dubai. The final deliverable included a site analysis, review of the current and upcoming pipeline supply, demand and absorption assessment and the review of the Client’s proposed development concept and area program, etc.