Mohammed0192 / Dubai-Off-Plan-Property-analysis

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SQL Analysis of Dubai's Off Plan Property Market

La Breeze Limited is a private limited company specializing in real estate investments and development. This project focuses on identifying emerging trends and opportunities within Dubai's off-plan property sector. The property data used for this analysis is publicly available on Kaggle here: [https://www.kaggle.com/datasets/alexefimik/dubai-real-estate-transactions-dataset]

Insights and recommendations are provided on the following key areas:

The SQL queries used to inspect and clean the data for this analysis can be found here [https://github.com/Mohammed0192/Dubai-Off-Plan-Property-analysis/blob/main/SQL%20query%20code]

Targed SQL queries regarding various business questions can be found here [link].

An interactive Tableau dashboard used to report and explore sales trends can be found here [link].

Data Structure & Initial Checks

The companies main database structure as seen below consists of four tables: table1, table2, table3, table4, with a total row count of X records. A description of each table is as follows:

[https://github.com/Mohammed0192/Dubai-Off-Plan-Property-analysis/issues/1#issue-2636534920]

Executive Summary

Overview of Findings

Across Dubai overall, hotels have remained the most expensive off-plan property purchases despite having the largest percentage decrease in average price (per square mile) in the last 3 years. There has been an apparent increase in the prices of OPP shops (per square mile) being purchased across Dubai also. Post-COVID, the average price of OPP flats has decreased but flats in the Mina Seyahi and Jumeirah Beach region have enjoyed noticeable price hikes. Another post-COVID trend are falling OPP office prices across Dubai, perhaps reflecting the post-COVID desire for workers to WFH?

Screenshot 2024-11-05 220526 Screenshot 2024-11-05 220613 Screenshot 2024-11-05 220707

Insights Deep Dive

Growing popularity of Al-Kasir / Marina Area::

[Visualization specific to category 1]

Flats over Hotels in downtown areas:

Screenshot 2024-11-05 223232 Screenshot 2024-11-05 224337

Office properties are in less demand post-COVID:

[Visualization specific to category 3]

Growing demand for Shop properties in Jebel Ali Village:

[Visualization specific to category 4]

Recommendations:

Based on the insights and findings above, we would recommend the [stakeholder team] to consider the following:

Assumptions and Caveats:

Throughout the analysis, multiple assumptions were made to manage challenges with the data. These assumptions and caveats are noted below: