Geant Vida Hills: Key Insights for Real Estate Investors
Intro
As Dubai continues to evolve as a global hub for business and leisure, the real estate landscape remains one of its most dynamic sectors. Among the emerging hotspots is Geant Vida Hills, a development that captures the essence of modern living while positioning itself as a lucrative opportunity for investors. This article aims to dissect various aspects of Geant Vida Hills, such as its unique features, investment potential, and amenities designed to cater to a wide range of residents.
In chasing the golden egg in Dubaiâs property market, understanding the local landscape is crucial. Geant Vida Hills does not exist in a bubble; it is shaped by market trends, location, and the overarching economic factors that drive investment decisions. Therefore, we will explore these elements in detail, providing investors and homeowners alike with essential knowledge to make informed decisions.
Thus, as we venture forth, we will unravel the intricacies of this fascinating development, ensuring that each nugget of information is presented clearly and understandably. Let's dive into the market trends influencing this area.
Prelims to Geant Vida Hills
Geant Vida Hills is poised to become a shining star in Dubai's diverse real estate landscape. This development offers a glimpse into the future of living spaces that blend modernity with nature. Investors and homeowners alike need to grasp its significance, making it an essential discussion point in the real estate market.
The appeal of Geant Vida Hills isn't just in its stylish homes; it's about a lifestyle that many yearn for today. Whether looking for a serene environment or a vibrant community, this development promises both. Understanding this duality is crucial for anyone considering investment or residence. It addresses a fundamental need: the desire for quality living combined with access to facilities and services that enrich daily life.
Overview of the Development
Geant Vida Hills presents a contemporary vision of urban living within the sprawling landscape of Dubai. With an emphasis on eco-friendliness and integration of natural resources, this project stands as a beacon for sustainable living. Designed meticulously, the development features a series of elegant residential blocks that seamlessly blend with lush green spaces. Each home is thoughtfully planned to maximize comfort, light, and elegance.
Potential investors can expect diverse property options, catering to varying tastes and budgets. From cozy apartments to spacious villas, thereâs something on offer for everyone. The communal areas and parks encourage social interaction, creating a genuine sense of community.
Historical Context
To appreciate Geant Vida Hills fully, it's prudent to understand its historical backdrop. Dubai has transformed rapidly over the last few decades, emerging from a trading settlement into a global economic powerhouse. The evolution of its real estate has mirrored this growth, shifting from simple housing developments to complex, integrated living environments like Geant Vida Hills.
This project is more than just bricks and mortar; it reflects Dubaiâs ambition to lead in sustainable urbanization. Previously, developments often prioritized rapid growth over environmental considerations. However, Geant Vida Hills emerges in a new era where sustainability and community well-being are at the forefront of design philosophy.
In this fast-evolving market, structures that pay heed to historical growth patterns while embracing modern demands are crucial. Being mindful of this allows investors to position themselves strategically within the marketplace, ensuring their investments are secure and relevant in years to come.
"Investing in a property like Geant Vida Hills is not just about buying into a physical space; it's about investing in a forward-thinking lifestyle that embraces the future."
Location Advantages
The choice of location can make or break a real estate investment. When it comes to Geant Vida Hills, its geographical placement presents a myriad of benefits that potential investors cannot afford to overlook. This section delves into the specific elementsâsuch as proximity to key commercial and recreational hubsâand how they stand to bolster the area's attractiveness for homeowners and investors alike.
Proximity to Key Areas
Geant Vida Hills is strategically situated within a stone's throw from some of Dubai's most critical locations. Being just a short drive from the bustling Dubai Marina and the iconic Palm Jumeirah ensures that residents are never far from the vibrancy of urban life. Such a location means that daily conveniencesâfrom shopping to entertainmentâare right at one's fingertips.
For instance, nearby districts like Dubai Internet City and Dubai Media City are not just essential for business but also for the workforce seeking prime locales for employment. Families and single professionals alike benefit from having quick access to leading educational institutions, including international schools and universities. Furthermore, with the proximity to healthcare facilities, residents have peace of mind knowing that quality medical care is readily available.
- Convenience of Shopping: With malls and supermarkets around every corner, youâll find everything from groceries to luxury brands within a short drive.
- Cultural Experiences: The nearby cultural offerings, including museums and art galleries, enhance the community's lifestyle.
In this way, the location advantages of Geant Vida Hills draw both families and investors, ensuring that properties maintain their value over time.
Accessibility and Transport Links
In todayâs fast-paced world, the ease of getting from point A to B can dictate a property's desirability. Geant Vida Hills boasts excellent transport links, making travel around Dubaiâand beyondâsimple and efficient. Major thoroughfares such as Sheikh Zayed Road running close by facilitate quick commutes, whether it's to downtown Dubai or out to Abu Dhabi.
Public transport is another cornerstone of accessibility. The area is well-connected with various bus routes and future plans for metro extensions are already in the pipeline. This not only means a more integrated community but also enhances the overall appeal for potential renters and buyers.
"A property's value is often defined not just by its features, but by its access to opportunities."
The transport links cater to the needs of expatriates, professionals and families alike, allowing them to navigate the city with ease.
- The Metro Station: Future metro stations being built close by will further ease the commute burden.
- Direct Access to Major Roads: Seamless travel to business hubs and leisure areas ensures that residents can enjoy the best of both worlds.
Taken together, the advantages of Geant Vida Hills' locationâboth in proximity to essential areas and its robust transport linksâare intrinsic factors that reinforce its status as a prime investment site. Investors can look forward to substantial demand and value in this thriving locale.
Architectural Design and Features
The architectural design and features of Geant Vida Hills play a significant role in shaping both its appeal and functionality for potential residents and investors. The overall design philosophy is aimed at creating not just living spaces but an entire lifestyle experience that resonates with contemporary values of aesthetics, sustainability, and community.
Innovative Designs
Innovative designs are at the heart of Geant Vida Hills. The development makes use of modern architectural techniques to deliver a unique aesthetic that stands apart from traditional paradigms in Dubai's real estate market. These designs often include wide-open spaces, high ceilings, and large windows which invite natural light and improve the indoor environment.
Considerations around layout are particularly noteworthy; homes are often designed with families in mind, offering flexible rooms that can easily shift between being a children's play area or a quiet study, depending on the needs of the moment. Thus, the design balances both form and function seamlessly, creating homes that adapt to the dynamic lifestyles of their inhabitants.
Most prominently, the use of open-plan living ranging from kitchen areas to social spaces provides an inviting atmosphere for gatherings and family interactions. This design approach aims to foster connection and accessibility, ensuring that no matter where one is situated within the home, a sense of togetherness is facilitated.
"Architecture should speak of its time and place, but yearn for timelessness." - Frank Gehry
Sustainable Building Practices
Sustainability is no longer a buzzword; itâs become a necessity in real estate development. At Geant Vida Hills, sustainable building practices are woven into the very fabric of its architectural identity. From the choice of eco-friendly materials to innovative energy-efficient solutions, the focus on sustainability ensures that the development significantly minimizes its carbon footprint.
Among various initiatives, the installation of energy-efficient lighting and HVAC systems has been highlighted. These systems not only reduce energy consumption but also provide homeowners with lower utility bills, making it a financially smart move besides an ethical one.
Moreover, the integration of green spaces and gardens within the community promotes biodiversity and enhances the overall aesthetic appeal while encouraging an outdoor lifestyle. The development also includes measures like rainwater harvesting and optimized waste management, ensuring that the environment is respected and preserved for future generations.
In summary, Geant Vida Hills prioritizes innovative design and sustainable practicesâtwo critical elements binding the development together. Investors looking toward this project can find reassurance in knowing that their investments are not just in property, but in a real estate development that mirrors contemporary values and fosters community living.
Residential Types and Offerings
The landscape of residential options at Geant Vida Hills is vast and varied, making it a notable subject of interest for potential investors, homeowners, expatriates, agents, and developers alike. Understanding the residential types and offerings is key to making informed decisions in this vibrant marketplace. This section delves into what sets this development apart in terms of property variety, emphasizing differentiators that satisfy diverse lifestyle demands and investment strategies.
Variety of Properties Available
At Geant Vida Hills, the assortment of residential properties ranges from cozy apartments to sprawling villas, catering to a broad audience. Some of the noteworthy types include:
- Studios and One-Bedroom Apartments: Perfect for young professionals or singles, these spaces offer modern conveniences without excessive overhead costs. They are designed to maximize functionality and aesthetic appeal, often featuring sleek finishes and efficient layouts.
- Two to Three-Bedroom Apartments: Ideal for small families or roommates, these units typically come with spacious living areas and enhanced amenities. They balance comfort and practicality, creating environments that feel both cozy and open.
- Townhouses: For those desiring a taste of independent living without going full scale on maintenance, townhouses within Geant Vida Hills provide the perfect bridge. They often come with private gardens and parking, aiming to nurture a sense of community while delivering a slice of privacy.
- Luxury Villas: Tailored for high-net-worth individuals, these opulent homes include advanced technological features and might be located in premium areas within the development. With additional amenities such as private pools and expansive outdoor spaces, they provide a lifestyle that many aspire to reach.
With such a diverse portfolio, investors can tailor their selections based on both return on investment (ROI) prospects and lifestyle preferences. Different homes are likely to appeal to varying demographics, which can perpetuate a steady demand in the market.
Luxury versus Affordable Options
When dissecting the real estate market at Geant Vida Hills, it's crucial to juxtapose luxury and affordable options. Both categories offer unique benefits and cater to different segments of buyers.
- Luxury Options generally promise high-end finishes, state-of-the-art facilities, and often exclusivity. They tend to attract buyers or renters who value both status and comfort. This market segment is typically less sensitive to economic fluctuations, although it may occasionally experience the 'trickle-down effect' impacting affordability in design.
- Affordable Options, on the other hand, appeal to a larger segment of the population including first-time buyers and young families. These homes might sacrifice some upper-tier finishes for the sake of practicality and accessibility. Importantly, in many cases, the demand for affordable living space remains steady, creating an increasingly attractive segment for investors pursuing consistent rental yields.
Ultimately, understanding the distinctions and overlaps between luxury and affordable offerings at Geant Vida Hills enables investors to strategically position themselves in a dynamic market landscape. With various price points available, there's a strong likelihood for investors to find properties that align with their investment goals, whether aiming for developing areas or established sections within the community.
"Residential choices in Geant Vida Hills empower buyers to not only enhance their quality of life but also serve as profitable investments for the future."
In sum, Geant Vida Hills stands as a beacon of diverse residential opportunities, reinforcing the notion that there is something for everyone in this bustling Dubai locality.
Amenities and Lifestyle
The amenities and lifestyle offered by Geant Vida Hills play a crucial role in shaping its appeal to potential investors and homeowners alike. A well-rounded lifestyle can impact property values and attract a diverse community of residents, making these offerings a key consideration in the real estate landscape.
Recreational Facilities
Geant Vida Hills is designed with a focus on leisure and recreation, creating spaces where residents can unwind, socialize, and enjoy an active lifestyle. The development includes various recreational facilities that cater to different interests and age groups.
- Parks and Green Spaces: Expansive parks provide a natural retreat, ideal for families and individuals seeking outdoor activities. Walking trails and picnic areas encourage community interaction and healthy living.
- Sports Courts: Tennis, basketball, and multi-sport courts foster a sense of community engagement through friendly competition. Such facilities can be a major draw for buyers who prioritize fitness.
- Swimming Pools: These serve not only as a place for exercise but also as an escape from the heat. Poolside cabanas may serve as social hubs for residents looking to relax or entertain.
- Childrenâs Play Areas: Safe, engaging play areas ensure that children have ample opportunity to explore and socialize. Parents often seek communities where their kids can grow up happily and healthily.
When people consider their quality of life, having accessible recreational facilities can tip the scales in favor of a property. As such, Geant Vida Hills positions itself as a community where relaxation and activity coexist harmoniously.
Community Services
The support of community services stands paramount in ensuring residents feel a true sense of belonging and security within the Geant Vida Hills environment. Quality services can significantly enhance the living experience and, in turn, influence property investments.
- Grocery Stores and Markets: Availability of fresh produce and daily necessities within the vicinity not only enhances convenience but also fosters a sense of community. Residents can easily support local vendors and engage with their neighbors.
- Healthcare Facilities: Proximity to reputable healthcare services gives peace of mind to families. Access to clinics and emergency services is essential, making life easier for those with medical needs.
- Educational Institutions: Schools with strong academic reputations close to home can attract families with children, contributing to a stable and engaged neighborhood. This factor often drives steady demand for housing.
- Public Transport and Connectivity: Reliable transport systems providing connectivity to surrounding areas exemplify a community's accessibility. This becomes increasingly crucial for professionals commuting to work in busy hubs.
Investors must understand that amenities and community services are not mere luxuries but essential components of thriving communities. They significantly influence both quality of life and potential returns on investment.
"Lifestyle amenities are not just features; they are integral to creating a vibrant community that invests in the well-being of its residents."
In essence, Geant Vida Hills embodies a multifaceted lifestyle that resonates with both investors and homeowners, blending leisure and essential services for an effective living environment.
Investment Potential
Investing in real estate is often likened to planting a tree: it requires patience, but when nurtured properly, the fruits can be sweet. In the context of Geant Vida Hills, the investment potential stands out not only for its unique offerings but for its strategic positioning within a growing sector of Dubai's property market. Understanding this segment is crucial for both seasoned investors and those just dipping their toes into the waters of real estate.
Market Trends in the Area
Currently, Geant Vida Hills is at the crossroads of several market trends that bode well for its investment potential. Over the last few years, Dubai's real estate market has shown a resilient bounce-back after fluctuations, drawing attention from global investors.
- Demand Surge: Post-pandemic, thereâs been a marked increase in demand for properties that offer a balanced lifestyle, combining work, leisure, and community living. This aligns perfectly with what Geant Vida Hills offersâintegrated living spaces designed for modern needs.
- Property Value Appreciation: Data suggests that property values in the area have seen a steady rise, with expectations for continuous growth. Hence, buying into Geant Vida Hills now might yield substantial returns in years to come.
- Infrastructure Developments: Infrastructural enhancements, like the new roads and transport links connecting various districts in Dubai, are anticipated to drive further interest in the area. As these developments unfold, property value is likely to appreciate even faster than current projections.
Investors should keep a close eye on these trends. They cast a wide net of opportunities for potential capital gains and rental yields that can be maximized over time.
Rental Yield Analysis
When it comes to evaluating a property's investment viability, rental yield is a conversation starter that shouldn't be overlooked. Geant Vida Hills presents an appealing case for rental investment, and here's why:
- High Demand for Rentals: The areaâs amenities and lifestyle offerings attract a diverse demographic, including expatriates and professionals looking for quality living. This demographic trend supports a robust rental market, enhancing yield potential.
- Competitive Rental Prices: Given the surrounding developments and amenities, rental prices in Geant Vida Hills remain competitive compared to adjacent areas. This affordability might draw more tenants, ensuring lower vacancy rates.
- Projected Yield Rates: On average, rental yields in Dubai hover around 5-7%, depending largely on location and property type. Reports indicate that Geant Vida Hills could potentially outperform this average due to its appealing features and growing popularity.
For property investors, a thorough rental yield analysis is essential. It allows for realistic income projections that can support long-term strategies.
In summary, Novice investors and seasoned veterans alike should consider not just the current landscape but future growth areas. Geant Vida Hills holds promise not only for attractive properties but as a thriving community. The investment potential here is backed by market trends and rental yield projections that signal growing opportunities.
Buyerâs Guide
Understanding the nuances connected to acquiring property at Geant Vida Hills is essential for any potential investors, homeowners, expatriates, agents, and developers aiming to make informed decisions in todayâs real estate market. This guide serves as a roadmap, outlining crucial elements that help familiarize buyers with the purchasing process and the financial implications involved. With the rapidly evolving landscape of Dubaiâs real estate, informed decision-making stands as a pivotal factor in securing a worthwhile investment. This guide breaks down complex aspects into palatable insights, allowing investors to navigate the waters more effectively.
Understanding the Purchasing Process
At first glance, the purchasing process may seem like a daunting ocean of paperwork and regulations swirling around. But breaking it down into segments can really shine a light on the whole affair. Hereâs how the buying journey typically unfolds:
- Preliminary Research: Begin by gathering information about the neighborhood, property types, and local market trends in Geant Vida Hills. Knowledge is your best ally here.
- Engaging a Real Estate Agent: Having an experienced agent can make the world of difference. They arenât just salespeople; rather, they are treasure troves of insights. Their expertise can guide you toward properties that align with your investment goals.
- Viewing Properties: Whether you prefer to stroll through open houses or arrange private showings, viewing is key. Make a list of questions to ensure you cover all bases.
- Making an Offer: Once you find that perfect place, itâs time to make an offer. This involves submitting a written proposal outlining your price and terms.
- Negotiation: Donât be afraid to go back and forth. Negotiation is a natural part of the process. Most sellers expect it, and getting the best deal for your buck is entirely fair game.
- Due Diligence: Before sealing the deal, buyers should conduct thorough due diligence. This includes property inspections, verifying title deeds, and reviewing documents. Donât skip this step; itâs your safety net.
- Closing the Deal: The final step involves signing contracts and transferring payments. Make sure to understand every detail at this stage to avoid hiccups later.
Financial Considerations
Diving into the financial aspect of purchasing real estate can feel like trying to decipher hieroglyphics, but itâs vital to grasp several key factors to avoid pitfalls. Here are the basic elements you should keep in mind:
- Budgeting: Having a solid understanding of your budget sets the stage. Beyond the purchase price, factor in additional costs like maintenance, insurance, and community fees.
- Financing Options: If youâre looking to finance your purchase, explore the mortgage landscape thoroughly. Traditional loans, and even some unique financial products available in Dubai, can have vastly different terms.
- Down Payment: Be prepared to set aside a significant down payment. In Dubai, this can range depending on whether youâre a resident or expatriate. Generally, expect anywhere between 20% to 30% for foreign investors.
- Taxes and Fees: Understanding taxes and registration fees is crucial. Familiarize yourself with the Transfer Fee and any applicable municipality fees, so there are no surprises down the road.
"The key in real estate is not just buying when the price is low, but knowing when to sell or hold."
- Liquidity: Always take into account your liquidity during the investment period. Ensure you can manage your finances in case of unexpected downturns in the market.
Arming yourself with a solid grip on these areas enables a smoother and, hopefully, more profitable experience. Each buyer's journey is unique, but understanding the landscape will serve as your compass, guiding you toward fulfilling the vision you have for your investment at Geant Vida Hills.
Challenges and Considerations
In embarking on any real estate venture, especially within a dynamic environment like Geant Vida Hills, understanding the potential challenges and considerations is crucial for prudent investors. This section sheds light on important factors that can significantly impact investment strategies and decisions.
Market Volatility
Real estate markets are often subject to fluctuations, and Geant Vida Hills is no exception. Market volatility can stem from various sources, such as economic downturns, changes in consumer demand, and alterations in government policy.
For instance, during economic recessions, property values may decline, and rental demand might wane, potentially leading investors to face difficulties with cash flow. As an investor, staying informed about economic indicators can help anticipate market shifts. Factors to keep in mind include:
- Economic indicators: Watch for changes in employment rates, GDP growth, and inflation, as they can signal the health of the property market.
- Consumer confidence: A dip in consumer sentiment can lead to reduced property sales and rentals.
- Supply and demand: Sudden increases in the housing supply, without matching demand, can also precipitate price declines.
Understanding these dynamics allows investors to prepare for potential pitfalls, putting them in a better position to make calculated decisions when considering properties in Geant Vida Hills.
Regulatory Environment
The regulatory framework within which investors operate can heavily influence their investment outcomes. The legal landscape surrounding property ownership and development often encompasses complex local laws and regulations that vary by region.
In Dubai, registered entities and property developers need to comply with the regulations set by the Real Estate Regulatory Agency (RERA) among other authorities. Such regulations may involve:
- Ownership laws: Understanding the specifics of freehold vs. leasehold properties is vital for navigating what type of investment to pursue.
- Building codes: Adhering to safety and architectural standards not only protects investments but also contributes to the long-term viability of the community.
- Tax implications: Familiarizing oneself with tax responsibilities, including transfer fees and ongoing property taxes, can help avoid unexpected expenses down the line.
Furthermore, regulatory shifts can happen unexpectedly, so itâs essential for investors to stay updated and possibly engage a legal advisor who specializes in real estate to ensure compliance with current laws.
"Regulatory clarity can pave the way for sustainable development, while ambiguity can deter investment and growth."
In navigating these challenges and considerations, real estate investors can enhance their decision-making process in Geant Vida Hills, thus better positioning themselves for success in an ever-evolving market.
Future Developments
The realm of real estate is often shaped by its forward momentum, making the examination of future developments a crucial aspect of understanding any property investment. With rapid changes in urban planning and a constant influx of new projects, being aware of what lies ahead in Geant Vida Hills not only assists current homeowners but also offers valuable insights for prospective investors. The significance of upcoming developments here can barely be overstated, as they promise to enhance the area's livability and, consequently, its market appeal.
Upcoming Projects in the Vicinity
In the vibrant landscape of Dubai's real estate market, several upcoming projects near Geant Vida Hills stand out for their potential to transform the community ethos and overall attractiveness. Here are some notable endeavors:
- The Vida Arena: This state-of-the-art sports facility aims to be a hub for fitness and recreation. With its opening set for early next year, it will definitely pull in sports enthusiasts from the surrounding neighborhoods, further enlivening the local atmosphere.
- Green Space Initiatives: The municipality is also focused on integrating more parks and green belts around Geant Vida Hills. These environmentally friendly projects are intended to bolster community well-being and investment desirability by promoting an outdoor, active lifestyle.
- Commercial Ventures: An upscale shopping mall is projected to emerge within a short drive from Geant Vida Hills. This location will house a mix of high-end boutiques, services, and dining options, appealing to all tastes and interests, enhancing the overall living experience for residents.
Future Growth Potential
A closer look at the future growth potential of Geant Vida Hills paints a promising picture. As new projects are finalized, one can expect to see rising property values and increasing rental demand. Here are a few critical factors dariving this growth:
- Infrastructure Improvements: With significant investment in road expansions and public transport upgrades, commuting to and from Geant Vida Hills will become increasingly effortless. Accessibility often drives property desirability, and such improvements promise a much brighter outlook for potential investors seeking higher returns.
- Diverse Offerings: The diversification of housing options due to new developments will appeal to a broader audience, from young professionals to families looking to settle down. This broadening of the market helps shield residential investments from fluctuations in demand.
- Government Incentives: To stimulate continued growth in areas like Geant Vida Hills, local authorities may introduce incentives for prospective homeowners and investors. These might include tax breaks or subsidies for new constructions, which can foster a more robust real estate environment.
"In the shadow of evolving landscapes and infrastructure, opportunities for real estate investments burgeon with time; being ahead of the curve means recognizing these shifts early."
Investors and homeowners must keep a keen eye on the upcoming developments, as understanding these transitions forms the bedrock of informed decision-making in a fluctuating market. The potential for a significant return on investment is often highest in neighborhoods on the cusp of transformation, and Geant Vida Hills appears poised to be one of those areas.
Culmination and Insights
Understanding the dynamics of Geant Vida Hills is essential for anyone considering a stake in this promising area of Dubai real estate. The convergence of upscale living with robust investment potential marks this development as a focal point for discerning investors.
Final Thoughts on Geant Vida Hills
Geant Vida Hills stands out not just for its luxury offerings but also for the lifestyle it encapsulates. The neighborhood blends modern architecture with sustainable practices, satisfying not only the needs of potential homeowners but also addressing environmental concerns effectively. Investors can find value in the propertyâs adaptability, as the various types of residences appeal to a broad audienceâfrom families to young professionals and expatriates seeking an appealing locale.
- Key Features of Geant Vida Hills:
- Modern infrastructure supporting community needs.
- Access to extensive recreational and retail amenities.
- Proximity to important transport links and areas of interest.
Giving a nod to the growth trends observed, Geant Vida Hills shows promising traffic in terms of property demand, reflecting both its aesthetic appeal and investment viability. Understanding these aspects can guide better decision-making.
Navigating Decisions Effectively
Investing in real estate is akin to navigating a ship through turbulent waters, where informed decisions can be the lifebuoy. When considering a purchase in Geant Vida Hills, it's vital to not only evaluate the immediate features of the properties but also to analyze the long-term ramifications.
Considerations include:
- Market Research: Familiarize yourself with current property trends in Dubai. Websites like Zillow can provide insights on property values and fluctuating market conditions.
- Financing: Evaluate your financial readiness. Are you secure with your finances? Perhaps consult a financial expert to help understand mortgage options tailored to your situation.
- Future Potential: Keep your eye on future developments. Projects either nearby or planned can significantly influence property values over time.
Therefore, with careful research and strategic planning, potential buyers and investors at Geant Vida Hills can navigate the complexities of the real estate market efficiently, ensuring not just a place to live, but a wise investment that grows in value.
