I concur; macOS does not necessarily offer a very clear indication of this screen's capabilities. It's
not a high-DPI screen... it's just a ridiculously wide standard-DPI display. Of course, the vagueness of Apple's terminology is obviously because there just aren't very many "ultra-wide" displays like this one on the market; it's a fringe case. But yeah... a more accurate labeling could probably be accomplished by changing the term "low resolution" to "low-DPI". Not that this would have helped Joe, of course, since he had apparently already made the purchase before seeing this misleading verbiage.
That said: I would venture to guess that Joe's primary issue herein is really just a lack of knowledge about the nature of these tech specs. If we plug the spec values from Dell's website into a dot-pitch calculator (such as
this one) we can quickly determine that this screen has a 108-ish DPI. In contrast, "high-DPI" screens commonly have DPI values in excess of double that density, which includes all of Apple's MacBook and iMac Retina displays.
The data necessary to discover all of this is readily available; it's just not abundantly clear unless you're at least a little bit of a geek.