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Analyzing the Housing Consumer Preferences via Analytic Hierarchy Process (AHP) in Dubai, United Arab Emirates

Dubai was one of the top three real estate destinations in the world for investment in 2020. This paper aims to understand the order of preference for various housing determinants by housing consumers in Dubai. As a methodology, a survey was conducted on Dubai residents, and Analytic Hierarchy Proce...

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Autores principales: Jung, Chuloh, Al Qassimi, Nahla, Abdelaziz Mahmoud, Naglaa Sami, Lee, Sang Yeal
Formato: Online Artículo Texto
Lenguaje:English
Publicado: MDPI 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9495321/
https://www.ncbi.nlm.nih.gov/pubmed/36135131
http://dx.doi.org/10.3390/bs12090327
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author Jung, Chuloh
Al Qassimi, Nahla
Abdelaziz Mahmoud, Naglaa Sami
Lee, Sang Yeal
author_facet Jung, Chuloh
Al Qassimi, Nahla
Abdelaziz Mahmoud, Naglaa Sami
Lee, Sang Yeal
author_sort Jung, Chuloh
collection PubMed
description Dubai was one of the top three real estate destinations in the world for investment in 2020. This paper aims to understand the order of preference for various housing determinants by housing consumers in Dubai. As a methodology, a survey was conducted on Dubai residents, and Analytic Hierarchy Process (AHP) was performed to identify the housing determinants and consumers’ preferences. In addition, the respondents’ demographic characteristics identified priorities by income, place of residence, age, gender, and type of house. The results showed that housing consumers place importance on housing price and rent (0.0918), and the investment value (0.0866). However, there was no serious consideration for social and psychological factors, other than safety (0.0730). Regarding gender, men place more importance on the housing price and rent (0.113), and the investment value (0.110). In comparison, women place more importance on factors such as the convenience of transportation (0.104), safety (0.093), and residential environment (0.082). In the age groups, the interest in the educational environment (0.081) among the 40-year-olds was relatively high. In terms of monthly income, the higher the income, the higher the interest in investment value (0.086).
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spelling pubmed-94953212022-09-23 Analyzing the Housing Consumer Preferences via Analytic Hierarchy Process (AHP) in Dubai, United Arab Emirates Jung, Chuloh Al Qassimi, Nahla Abdelaziz Mahmoud, Naglaa Sami Lee, Sang Yeal Behav Sci (Basel) Article Dubai was one of the top three real estate destinations in the world for investment in 2020. This paper aims to understand the order of preference for various housing determinants by housing consumers in Dubai. As a methodology, a survey was conducted on Dubai residents, and Analytic Hierarchy Process (AHP) was performed to identify the housing determinants and consumers’ preferences. In addition, the respondents’ demographic characteristics identified priorities by income, place of residence, age, gender, and type of house. The results showed that housing consumers place importance on housing price and rent (0.0918), and the investment value (0.0866). However, there was no serious consideration for social and psychological factors, other than safety (0.0730). Regarding gender, men place more importance on the housing price and rent (0.113), and the investment value (0.110). In comparison, women place more importance on factors such as the convenience of transportation (0.104), safety (0.093), and residential environment (0.082). In the age groups, the interest in the educational environment (0.081) among the 40-year-olds was relatively high. In terms of monthly income, the higher the income, the higher the interest in investment value (0.086). MDPI 2022-09-09 /pmc/articles/PMC9495321/ /pubmed/36135131 http://dx.doi.org/10.3390/bs12090327 Text en © 2022 by the authors. https://creativecommons.org/licenses/by/4.0/Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
spellingShingle Article
Jung, Chuloh
Al Qassimi, Nahla
Abdelaziz Mahmoud, Naglaa Sami
Lee, Sang Yeal
Analyzing the Housing Consumer Preferences via Analytic Hierarchy Process (AHP) in Dubai, United Arab Emirates
title Analyzing the Housing Consumer Preferences via Analytic Hierarchy Process (AHP) in Dubai, United Arab Emirates
title_full Analyzing the Housing Consumer Preferences via Analytic Hierarchy Process (AHP) in Dubai, United Arab Emirates
title_fullStr Analyzing the Housing Consumer Preferences via Analytic Hierarchy Process (AHP) in Dubai, United Arab Emirates
title_full_unstemmed Analyzing the Housing Consumer Preferences via Analytic Hierarchy Process (AHP) in Dubai, United Arab Emirates
title_short Analyzing the Housing Consumer Preferences via Analytic Hierarchy Process (AHP) in Dubai, United Arab Emirates
title_sort analyzing the housing consumer preferences via analytic hierarchy process (ahp) in dubai, united arab emirates
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9495321/
https://www.ncbi.nlm.nih.gov/pubmed/36135131
http://dx.doi.org/10.3390/bs12090327
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