The pricing context
Per-square-foot pricing at The Lofts sits below newer Emaar mid-tier buildings, reflecting building age and original finish levels. Refurbished comparables price meaningfully above original-finish.
| Per-sqft pricing | Older mid-tier (below newer Emaar mid-tier) |
|---|---|
| Building age | ~17 years (handover 2009) |
| Most-traded unit type | 1- and 2-bedroom |
| Refurbishment premium | Material — comparable layouts spread 20-30%+ |
What's driving the trend
Three forces. Downtown cycle drives directional movement. Refurbishment status drives intra-building spread (refurbished sells fast, original-finish sells slow). Loft aesthetic supports tenant demand even on original units.
How to read pricing
Building averages mask refurbishment-driven spread. Pull DLD comparables on the same tower, stack, and condition tier (original vs refurbished).
The Lofts trades below newer Emaar mid-tier on per-sqft, with refurbishment status creating significant intra-building spread.