Boost Your UAE Property’s Value with the Right Paint Colors!
Enhancing your property’s worth in the UAE? A new paint job can do wonders! The correct colors can significantly enhance your property’s appeal, while the wrong choices could deter potential buyers. Benefit from the findings of a recent study* that provides valuable insights into choosing the ideal paint colors to sell your home in Dubai and Abu Dhabi.
Dark Gray in the Living Room and Bedroom
In both the living room and bedroom, dark gray outperformed light neutrals, potentially increasing offers by at least $1,755. Interior designer and color psychology specialist Mehnaz Khan explains, “Gray is the color of retreat. As we come out of the pandemic and return to our hectic lives, buyers want home to be a refuge. Rooms enveloped in dark gray can create that feeling of security”.
Silver in the Kitchen
A kitchen featuring modern gray cabinets exudes the elegance of a 5-star hotel or a luxurious urban residence. It creates an atmosphere of understated class and luxury. According to Zillow research, a kitchen with deep graphite gray can sell for an estimated $2,512 more, and one with a midtone pewter kitchen can go for $2,553 more than expected.
Terracotta brown bathrooms
Earth tone colors have proven to be trendy in 2023, particularly in bathrooms, where they’ve been linked to higher offer prices. For instance, painting a bathroom in the 2023 color of the year, terracotta brown, could potentially increase a home’s selling price by $1,624 compared to similar properties.
What colors to avoid?
Not all colors have the same impact on your home’s resale value. When it comes to the front door, using a midtone gray can actually decrease your home’s sale price. Recent and prospective buyers, according to Zillow’s research, would offer an estimated $3,365 less for a home with a cement gray front door. Surprisingly, buyers tend to prefer black front doors over gray ones, and they would be willing to offer $300 more for a home with a midtone rosy brown front door.
As for kitchens, the classic white kitchen has fallen out of favor with today’s buyers, who reported they would pay $612 less for a home that has one. Explore more wall painting ideas here.
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*This paint color analysis is based on studies by U.S. real estate marketplace Zillow involving over 4,700 recent and prospective home buyers. Participants were shown images of homes with different interior and front door colors and rated them based on their perception, likelihood to tour, and willingness to pay.