The Impact of Google Street View in Dubai Real Estate
The visual impact of the real estate is one that increases the confidence amongst the buyers in placing an investment. This is due to the fact that if the investment is being made in a region unknown to the investors, all blind spots are considered. Dubai continuing the lead among all the cities within GCC launched Google Street View in Dec 14, which made Dubai, the first city in the entire Gulf region to have Google Street Views.
The impact of street view allows clear picture to be perused by the investors and people willing to purchase into residential options. This is necessary for residential investments as it gives the buyers an idea into what they can expect over the long term. The ambience of the area is essential in this matter as it helps develop a general value of the real estate and thus is indicative of how well-suited the price is in terms of the visual value.
The street view of Dubai makes it easier for the investors to gauge the vicinity in terms of shopping and markets. It is also helpful in gauging the distance from major tourism and shopping hotspots. The shopping areas that can be viewed include historical sites such as Deira Spice Souk, Dubai Creek, Al-Fahidi Street and shops around Bur Dubai. The availability as well as the general nuisance value can be gauged in this manner.
Whichever region is being chosen for investment in residential estates has to include features of cleanliness and basic amenities to be preferable. These can be viewed through the street view and as the images cannot be doctored, gives an honest visual of how well these issues are being addressed. This also details a clear view of what the façade of building is like, thus providing a visual narrative for the buyer in terms of what he is investing in. The enchanting views of Dubai Marina, fast moving lives of Sheikh Zayed Road or peaceful views of Mirdif can be witnessed to superior extent with Google Street Views.
In order to be able to find a place that is accessible the most important issue is that of road size and traffic in the vicinity. Street View can provide with accurate dimensions on such logistics and therefore give foreign investors a real time view of life in Dubai. This helps in making a decision according to the overall positive characteristics of the area being chosen and development of a correlation between the value being placed on the property in accordance with the overall lifestyle and luxury factors. In conclusion, the utilization of street view is quite effective in terms of decision making for the buyers that are not familiar with Dubai and do not want to risk a blind investment.