Which Piano Brands Hold the Best Resale Value in the UAE?
You are about to buy a piano for yourself, but you must know that buying it is a commitment to a long-term relationship. In the UAE, where musical education and its appreciation are growing with each passing day, you need to consider more than just the performance of a piano. You need to factor in other points as well, like the piano resale and the used piano depreciation. There are many great brands for pianos, but which piano brands hold the best resale value in the UAE? Today, we will be telling you all about this in detail.
Brands That Hold Their Value Over Time
The market of piano sales and purchases is quite competitive these days in the UAE. Some of the brands actually outperform the others when it comes to the resale value. We have gathered all the notable piano brands that will hold their best resale price.
1. Steinway & Sons
The first brand is Steinway & Sons pianos, a brand that manufactures pianos, considered to be the pinnacle of piano craftsmanship. The pianos they make will maintain their value well due to their high prestige, concert hall reputation, and traditional build.
2. Bösendorfer
Next up is the Bösendorfer, a brand that makes pianos known for their rich, warm timbre and a plush build. They are a favourite among professional pianists and piano collectors alike.
3. Fazilo
This happens to be a younger brand among the other, but it has gained popularity in a short time. The reason is the artisanal craftsmanship of their pianos and how they offer sonic clarity. Their used models are highly sought after among piano players and collectors.
4. Kawai and Yamaha
Both Kawai and Yamaha are the top-rated piano manufacturing brands. They are a trademark for value and reliability for this instrument, as they offer consistent craftsmanship. Their global prestige is undeniable, which allows their models to hold the best resale value anywhere, including the UAE.
5. Bechstein and Blüthner
These are the German brands that are known to create pianos that offer a nuanced touch and expressive tone. Pianos from these two brands also hold better resale value, especially better perceived by classical pianists.
The Impact of Maintenance on Resale Value
The condition of the piano is directly responsible for its price during a sale, even more than the brand. A well-maintained Yamaha or a Kawai model with regulated action and documented tuning will fetch a better price compared to a neglected Steinway. When you get a regular service, the piano preserves its tonal quality and mechanical reliability. This lets the buyer perceive the higher value, which aligns with your resale expectations. In the UAE, the climate is harsh and the usage is frequent, all of which can affect the condition of a piano. This is why you must perform regular maintenance on your pianos.
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Depreciation Trends in the UAE Market
There are luxury grand pianos from brands like Bösendorfer, Fazioli, and Steinway. Pianos from these brands will retain their higher percentages compared to even their original value. Contrary to this, there are mass-produced or student-level models, such will see a faster depreciation in their price unless they are kept well-maintained. A solid service record and cosmetic care of the piano make a big difference in its resale value.
Piano Depreciation Curves You Must Understand
In general, a piano is going to lose about 20% of its original value in the first year of its use. With each passing year, the piano will lose another 5% of its value. Digital keyboards are making rapid progress due to advancements in technology, and they lose their value even faster. An acoustic piano is built to last longer, and most of them retain their aesthetic appeal and functionality even after 40 to 50 years, given they are well-maintained.
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Our Final Thoughts
The piano market in the UAE values brand heritage, condition, and craftsmanship of the piano. All these factors will directly influence the resale value of the pianos. All the above-stated models are the top choices for which piano brands hold the best resale value in the UAE. Still, if you are planning to buy a used piano, it’s better to factor in the future upkeep. If you buy a less expensive piano but keep it well-maintained regularly, it is going to serve you better for a long time. The choice of which model is the best is ultimately yours to make. Just keep in mind the resale perspective when investing in a piano for your musical aspirations.