| Literature DB >> 36135131 |
Chuloh Jung1, Nahla Al Qassimi1, Naglaa Sami Abdelaziz Mahmoud2, Sang Yeal Lee3.
Abstract
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).Entities:
Keywords: Dubai; analytic hierarchy process (AHP); consumer preferences; housing determinants; investment value (IV)
Year: 2022 PMID: 36135131 PMCID: PMC9495321 DOI: 10.3390/bs12090327
Source DB: PubMed Journal: Behav Sci (Basel) ISSN: 2076-328X
The Review of Relevant Previous Research.
| Researchers | Year | Contents |
|---|---|---|
| Obeidat et al. | 2018 |
Based on a survey of 305 people in 10 apartments in Amman, Jordan, the overall satisfaction function was estimated through AHP, and the relative importance of all factors affecting the overall satisfaction was identified. |
| Sweis et al. | 2013 |
Developed an analysis method to derive improvement priorities for each residential environment element through a housing satisfaction survey. |
| Kyuin and Dongwoo | 2011 |
Compared the satisfaction level of each new town for various factors constituting housing satisfaction in the new cities in the metropolitan area; The establishment of a migration plan and the relationship between each variable were summarized. |
| Zadkarim and Emari | 2011 |
Analyzed the correlation between characteristics of apartment complex residents and the qualitative satisfaction of a green residential environment, targeting new towns in the metropolitan area and analyzing the residents’ main tendencies. |
| Lepkova et al. | 2016 |
A study on the characteristics of the living environment that affected the housing choice of residents in the Lithuanian housing market; AHP analysis method was used to investigate and analyze the importance of residents’ housing selection factors. |
| Cho et al. | 2011 |
Analyzed the decision-making process of college students on how to choose their future housing in a metropolitan area; The survey subjects were 80 university students, and the AHP analysis method was used. |
| Choi | 2013 |
A method for more accurately measuring apartment housing satisfaction through AHP and factor analysis was presented; After measuring apartment housing satisfaction, the examination was performed regarding what differences exist in housing satisfaction depending on the apartment type. |
| Son et al. | 2015 |
Conducted surveys through visits by investigators; Checked the influence of past experiences, which are individual characteristics of households, on the evaluation of the current physical environment. |
| Chang et al. | 2015 |
The effect of each item’s satisfaction on the overall housing satisfaction was studied by comprehensively analyzing spatial characteristics, primary responses, and item satisfaction by dividing the district in Taiwan. |
| Rahman et al. | 2015 |
Analysis of baby boomers’ Housing Satisfaction and Housing Decision Factors; Traced the variables of their housing demand and suggested a housing supply direction for the old age of baby boomers. |
| Park et al. | 2019 |
This study proposed case-based reasoning (CBR) model for estimating the time when the first repair will be needed after the completion of construction; CBR and fuzzy AHP were employed as research methodologies. |
| Eryürük et al. | 2021 |
This study concluded that only one stakeholder should not define the criteria and their weights in a project, but all particular stakeholders should be included during the planning and application process with AHP. |
| Kim and Han | 2012 |
This study was on the factors and relationship analysis that affect user satisfaction by parking lot type; A structural equation model was derived from AHP survey data of apartment residents. |
The Review of Previous Research to Derive Housing Determinants.
| Elements | Obeidat et al. (2018) | Sweis et al. (2013) | Kyuin and Dongwoo (2011) | Zadkarim and Emari (2011) | Lepkova et al. (2016) | Cho et al. (2011) | Choi (2013) | Son et al. (2015) | Chang et al. (2015) | Rahman et al. (2015) | Park et al. (2019) | Eryürük et al. (2021) | Kim and Han (2012) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Residential Environment | ● | ● | ● | ● | ● | ||||||||
| The Age of the Building | ● | ● | ● | ||||||||||
| Building Exterior | ● | ● | ● | ● | |||||||||
| Maintenance | ● | ● | ● | ||||||||||
| Neighborhood Environment | ● | ● | ● | ● | |||||||||
| Local Amenities | ● | ● | ● | ● | ● | ● | ● | ||||||
| Natural Environment | ● | ● | ● | ● | ● | ● | ● | ● | ● | ● | ● | ● | |
| Convenience of Transportation | ● | ● | ● | ● | ● | ● | ● | ● | ● | ● | |||
| Educational Environment | ● | ● | ● | ● | ● | ● | ● | ● | ● | ● | ● | ||
| Reputation | ● | ● | ● | ● | ● | ||||||||
| Neighborhood Relations | ● | ● | ● | ● | ● | ● | ● | ● | |||||
| Mixing between Social Classes | ● | ● | ● | ||||||||||
| Safety | ● | ● | ● | ● | ● | ● | ● | ● | |||||
| Maintenance Fee | ● | ● | ● | ● | ● | ||||||||
| Investment Value | ● | ● | ● | ● | ● | ● | ● | ● | |||||
| Housing Price and Rent | ● | ● | ● | ||||||||||
| Cost of Living | ● | ● | |||||||||||
| Education Level | ● | ● | ● | ● | |||||||||
| Annual Income | ● | ● | ● | ||||||||||
| Type of Family | ● | ● | ● | ● | |||||||||
| Type of Ownership | ● | ● | ● | ● |
Figure 1Decision-Making Process via AHP.
Figure 2Analysis Model of Research.
The Middle and Bottom Elements of Housing Determinants for AHP Analysis.
| Middle Elements | Bottom Elements | Descriptions |
|---|---|---|
| Housing Sector | Residential Environment | 1. Orientation |
| The Age of the Building | 1. Year of Construction | |
| Building Exterior | 1. Design | |
| Maintenance | 1. Defect Repair, Cleaning/Garbage Disposal | |
| Neighborhood Sector | Neighborhood Environment | 1. Kindergarten |
| Local Amenities | 1. Hospital | |
| Natural Environment | 1. Greenery | |
| Convenience of Transportation | 1. Distance from Work | |
| Educational Environment | 1. School District | |
| Social and Psychological Sector | Reputation | 1. Developer Brand |
| Neighborhood Relations | 1. Affinity with Neighbors | |
| Mixing between Social Classes | 1. Income Level of Local Residents | |
| Safety | 1. Security | |
| Economic Sector | Maintenance Fee | 1. Maintenance Fee |
| Investment Value | 2. Return on Investment (ROI) | |
| Housing Price and Rent | 3. Stability of House Price & Rent | |
| Cost of Living | 4. Regional Prices |
The Consistency Ratio of Middle Elements for AHP Analysis.
| Middle Elements | CR (Consistency Ratio) |
|---|---|
| Housing Sector | 0.0027 |
| Neighborhood Sector | 0.0013 |
| Social and Psychological Sector | 0.0051 |
| Economic Sector | 0.0022 |
The Characteristics of Survey Participants.
| Category | Subcategory | Number (Percentage) |
|---|---|---|
| Gender | Male | 220 (64.3) |
| Female | 122 (35.6) | |
| Age Group | The 30s | 106 (31.0) |
| The 40s | 122 (35.7) | |
| The 50s | 114 (33.3) | |
| Housing Type | Apartment (Townhouse) | 224 (65.5) |
| Villa | 118 (34.5) | |
| Ownership | Own | 198 (57.9) |
| Rent | 144 (42.1) | |
| Monthly Income | 10,000–15,000 AED | 98 (28.7) |
| 15,000–20,000 AED | 155 (45.3) | |
| Above 20,000 AED | 89 (26.0) | |
| Living Area | Downtown/Marina/Umm Suqeim | 128 (37.4) |
| Other Area | 214 (62.6) |
The Weight of Housing Determinants.
| Top | Weight | Middle Elements | Weight | Bottom | Weight | Total Weight | Rank |
|---|---|---|---|---|---|---|---|
| Physical Factors | 0.543 | Housing Sector | 0.418 | Residential Environment (RE) | 0.373 | 0.0849 | 4 |
| The Age of the Building (AB) | 0.203 | 0.0466 | 12 | ||||
| Building Exterior (BE) | 0.152 | 0.0342 | 14 | ||||
| Maintenance (MT) | 0.272 | 0.0625 | 7 | ||||
| Neighborhood Sector | 0.582 | Neighborhood Environment (NE) | 0.152 | 0.0468 | 11 | ||
| Local Amenities (LA) | 0.174 | 0.0530 | 8 | ||||
| Natural Environment (NA) | 0.166 | 0.0510 | 9 | ||||
| The convenience of Transportation (CT) | 0.279 | 0.0854 | 3 | ||||
| Educational Environment (EE) | 0.229 | 0.0698 | 6 | ||||
| Non-Physical Factors | 0.457 | Social and Psychological Sector | 0.348 | Reputation (RP) | 0.191 | 0.0277 | 15 |
| Neighborhood Relations (NR) | 0.157 | 0.0225 | 16 | ||||
| Mixing between Social Classes (MC) | 0.143 | 0.0206 | 17 | ||||
| Safety (SF) | 0.508 | 0.0730 | 5 | ||||
| Economic Sector | 0.652 | Maintenance Fee (MF) | 0.156 | 0.0422 | 13 | ||
| Investment Value (IV) | 0.323 | 0.0866 | 2 | ||||
| Housing Price and Rent (HP) | 0.343 | 0.0918 | 1 | ||||
| Cost of Living (CL) | 0.179 | 0.0487 | 10 |
The AHP Analysis of Gender Preference.
| Rank | Male (64.3%) | Female (35.6%) | Total (100%) | |||
|---|---|---|---|---|---|---|
| Bottom Elements | Weight | Bottom Elements | Weight | Bottom Elements | Weight | |
| 1 | HP | 0.113 | CT | 0.104 | HP | 0.093 |
| 2 | IV | 0.110 | SF | 0.093 | IV | 0.086 |
| 3 | RE | 0.087 | HP | 0.087 | CT | 0.085 |
| 4 | CT | 0.077 | RE | 0.082 | RE | 0.084 |
| 5 | SF | 0.076 | IV | 0.076 | SF | 0.074 |
| 6 | EE | 0.075 | MT | 0.065 | EE | 0.070 |
| 7 | MT | 0.060 | EE | 0.060 | MT | 0.063 |
| 8 | CL | 0.059 | LA | 0.059 | LA | 0.052 |
| 9 | NA | 0.056 | AB | 0.057 | NA | 0.051 |
| 10 | LA | 0.048 | NE | 0.053 | CL | 0.049 |
| 11 | MF | 0.047 | MF | 0.048 | NE | 0.048 |
| 12 | NE | 0.043 | CL | 0.046 | AB | 0.046 |
| 13 | AB | 0.042 | NA | 0.044 | MF | 0.042 |
| 14 | BE | 0.032 | BE | 0.037 | BE | 0.035 |
| 15 | RP | 0.030 | RP | 0.035 | RP | 0.027 |
| 16 | NR | 0.025 | MC | 0.029 | NR | 0.022 |
| 17 | MC | 0.022 | NR | 0.023 | MC | 0.021 |
The AHP Analysis of Age Group Preference.
| Rank | 30s (31.0%) | 40s (35.7%) | 50s (33.3%) | Total (100%) | ||||
|---|---|---|---|---|---|---|---|---|
| Bottom Elements | Weight | Bottom | Weight | Bottom Elements | Weight | Bottom Elements | Weight | |
| 1 | HP | 0.102 | RE | 0.096 | IV | 0.124 | HP | 0.093 |
| 2 | CT | 0.101 | IV | 0.092 | HP | 0.112 | IV | 0.086 |
| 3 | IV | 0.089 | HP | 0.091 | RE | 0.089 | CT | 0.085 |
| 4 | SF | 0.086 | EE | 0.081 | SF | 0.076 | RE | 0.084 |
| 5 | RE | 0.081 | SF | 0.079 | CT | 0.073 | SF | 0.074 |
| 6 | MT | 0.069 | MT | 0.072 | NA | 0.068 | EE | 0.069 |
| 7 | EE | 0.067 | CT | 0.065 | CL | 0.065 | MT | 0.063 |
| 8 | CL | 0.059 | NA | 0.057 | EE | 0.059 | LA | 0.053 |
| 9 | LA | 0.055 | AB | 0.055 | LA | 0.057 | NA | 0.051 |
| 10 | AB | 0.053 | NE | 0.053 | MF | 0.049 | CL | 0.049 |
| 11 | MF | 0.045 | MF | 0.049 | NE | 0.044 | NE | 0.048 |
| 12 | NE | 0.044 | LA | 0.046 | MT | 0.039 | AB | 0.046 |
| 13 | NA | 0.042 | RP | 0.038 | NR | 0.033 | MF | 0.042 |
| 14 | BE | 0.038 | CL | 0.037 | RP | 0.030 | BE | 0.035 |
| 15 | RP | 0.027 | BE | 0.035 | AB | 0.028 | RP | 0.027 |
| 16 | MC | 0.022 | NR | 0.029 | BE | 0.027 | NR | 0.023 |
| 17 | NR | 0.021 | MC | 0.026 | MC | 0.024 | MC | 0.021 |
The AHP Analysis of Monthly Income Preference.
| Rank | 10,000–15,000 AED (28.7%) | 15,000–20,000 AED (45.3%) | Above 20,000 AED (26.0%) | Total (100%) | ||||
|---|---|---|---|---|---|---|---|---|
| Bottom Elements | Weight | Bottom | Weight | Bottom Elements | Weight | Bottom Elements | Weight | |
| 1 | RE | 0.112 | HP | 0.107 | IV | 0.126 | HP | 0.093 |
| 2 | CT | 0.087 | IV | 0.102 | CT | 0.101 | IV | 0.086 |
| 3 | HP | 0.086 | CT | 0.085 | HP | 0.100 | CT | 0.085 |
| 4 | MT | 0.085 | RE | 0.082 | RE | 0.083 | RE | 0.084 |
| 5 | SF | 0.084 | SF | 0.081 | EE | 0.080 | SF | 0.074 |
| 6 | IV | 0.068 | EE | 0.071 | SF | 0.075 | EE | 0.070 |
| 7 | AB | 0.061 | MT | 0.064 | LA | 0.066 | MT | 0.063 |
| 8 | CL | 0.056 | CL | 0.054 | NA | 0.060 | LA | 0.053 |
| 9 | EE | 0.053 | LA | 0.053 | NE | 0.045 | NA | 0.052 |
| 10 | LA | 0.051 | NA | 0.052 | MF | 0.041 | CL | 0.048 |
| 11 | NA | 0.048 | NE | 0.048 | AB | 0.040 | NE | 0.047 |
| 12 | BE | 0.046 | MF | 0.047 | MT | 0.039 | AB | 0.046 |
| 13 | MF | 0.045 | AB | 0.044 | CL | 0.038 | MF | 0.043 |
| 14 | NE | 0.044 | BE | 0.034 | RP | 0.034 | BE | 0.034 |
| 15 | RP | 0.028 | RP | 0.031 | BE | 0.028 | RP | 0.029 |
| 16 | NR | 0.025 | NR | 0.025 | MC | 0.024 | NR | 0.022 |
| 17 | MC | 0.021 | MC | 0.021 | NR | 0.019 | MC | 0.020 |
The AHP Analysis of Ownership Preference.
| Rank | Own (57.9%) | Rent (42.1%) | Total (100%) | |||
|---|---|---|---|---|---|---|
| Bottom Elements | Weight | Bottom Elements | Weight | Bottom Elements | Weight | |
| 1 | IV | 0.098 | HP | 0.139 | HP | 0.093 |
| 2 | RE | 0.095 | IV | 0.095 | IV | 0.086 |
| 3 | CT | 0.087 | SF | 0.094 | CT | 0.085 |
| 4 | HP | 0.083 | EE | 0.085 | RE | 0.084 |
| 5 | SF | 0.075 | CT | 0.081 | SF | 0.074 |
| 6 | MT | 0.065 | RE | 0.069 | EE | 0.069 |
| 7 | EE | 0.060 | MT | 0.056 | MT | 0.063 |
| 8 | AB | 0.058 | CL | 0.055 | LA | 0.053 |
| 9 | CL | 0.054 | LA | 0.054 | NA | 0.051 |
| 10 | NA | 0.052 | NE | 0.049 | CL | 0.049 |
| 11 | LA | 0.051 | NA | 0.047 | NE | 0.048 |
| 12 | MF | 0.048 | MF | 0.045 | AB | 0.046 |
| 13 | NE | 0.046 | AB | 0.033 | MF | 0.042 |
| 14 | BE | 0.045 | RP | 0.029 | BE | 0.035 |
| 15 | RP | 0.033 | BE | 0.025 | RP | 0.027 |
| 16 | NR | 0.026 | NR | 0.022 | NR | 0.022 |
| 17 | MC | 0.024 | MC | 0.021 | MC | 0.021 |
The AHP Analysis of Housing Type Preference.
| Rank | Apartment/Townhouse (65.5%) | Villa (34.5%) | Total (100%) | |||
|---|---|---|---|---|---|---|
| Bottom Elements | Weight | Bottom Elements | Weight | Bottom Elements | Weight | |
| 1 | HP | 0.101 | RE | 0.108 | HP | 0.093 |
| 2 | IV | 0.097 | HP | 0.101 | IV | 0.086 |
| 3 | CT | 0.084 | IV | 0.092 | CT | 0.085 |
| 4 | EE | 0.082 | CT | 0.085 | RE | 0.084 |
| 5 | SF | 0.081 | SF | 0.084 | SF | 0.074 |
| 6 | RE | 0.073 | MT | 0.077 | EE | 0.070 |
| 7 | LA | 0.058 | AB | 0.058 | MT | 0.061 |
| 8 | MT | 0.054 | CL | 0.054 | LA | 0.053 |
| 9 | CL | 0.053 | EE | 0.052 | NA | 0.051 |
| 10 | NA | 0.051 | NA | 0.048 | CL | 0.050 |
| 11 | MF | 0.049 | LA | 0.045 | NE | 0.047 |
| 12 | NE | 0.048 | NE | 0.043 | AB | 0.046 |
| 13 | AB | 0.038 | MF | 0.042 | MF | 0.042 |
| 14 | RP | 0.034 | BE | 0.039 | BE | 0.035 |
| 15 | BE | 0.032 | RP | 0.027 | RP | 0.027 |
| 16 | NR | 0.026 | NR | 0.025 | NR | 0.023 |
| 17 | MC | 0.024 | MC | 0.022 | MC | 0.020 |
Figure 3The Comparative Analysis of Hierarchy.