Dubai Real Estate Prices

Discover the average property per sq ft by both property type and location.


Dubai Apartment Prices

ApartmentsAverage AED ps ft
Palm Jumeirah3,387
Business Bay2,261
Downtown Dubai2,482
Dubai Creek Harbour2,191
Meydan City1,262
Jumeirah Lake Towers1,784
Jumeirah Village Circle
MBR City1,844
Dubai South1,146
Jumeirah Beach Residence2,267
Dubai Hills Estate1,930

Dubai Villa Prices

VillasAverage Price per SQ FT
Emirates Hills4,459
Al Furjan1,547
Jumeirah Village Circle1,119
District One2,961
Dubai Hills Estate2,351
Arabian Ranches1,268
Palm Jumeirah5,522
Damac HIlls1,402
Al Barari1,828
Jumeirah Village Triangle1,196
Dubai South1,042
Damac Lagoons1,297
Jumeirah Golf Estates1,734
Jumeirah Islands2,683


Dubai Real Estate Price Influences

To gain a deeper understanding of real estate pricing and trends in Dubai, let’s delve into the key factors influencing property prices within the city. From the basics of supply and demand to the impact of government decisions and global events, understanding these factors divulges both how and why real estate values move.

Market Demand:

Fluctuations both positive and negative in Dubai’s real estate prices often trace back to the level of demand for properties. High demand generally causes prices to climb, while reduced demand may lead to price stabilization or even declines. The level to which prices climb or decline will be closely correlated by the level of increased or decreased demand.

Economic Conditions:

Dubai is a global city so the economic pulse of Dubai and the greater region significantly influences property values. Factors like the city’s GDP growth, employment rates, and investor confidence play a pivotal role. Economic prosperity in Dubai and the region often correlates with a rise in property prices.

Government Policies:

Government policies in general but especially ones designed to make buying and living in Dubai easier can have a huge impact on property demand. Changes in government regulations, such as alterations in taxation, visa policies, or incentives for investors, exert a noticeable impact on property prices. Policies that encourage foreign investment such as investor visas boost demand and in turn prices.

Supply and Demand Dynamics:

The equilibrium between property supply and demand is a crucial determinant of prices. Oversupply might drive price corrections, whereas limited availability in high-demand areas can drive prices upward.

Infrastructure Development:

Investments in infrastructure, such as transport networks, commercial developments, and leisure facilities, can significantly elevate property values.  This is especially true for emerging communities were enhancing these attributes also enhances the areas convenience and attractiveness.

Global Events:

Possible more than any other real estate market in the world the impact of global events is most felt in Dubai. Global events, including economic crises, geopolitical tensions, or pandemics, can trigger fluctuations in property prices. These can cause shifts in investor sentiment and economic uncertainty.

Currency Fluctuations:

Currency fluctuations can notably affect property prices for international buyers as well as local sellers. Due to the UAE Dirham being pegged to the US dollar these fluctuations tend not to be too common or extreme.

Interest Rates:

Variabilities in interest rates affect mortgage rates and subsequently property affordability. Lower rates often stimulate demand by making money and more off it easier to come by.

Understanding at least in part these diverse influences is essential for anyone involved in Dubai’s real estate market. Whilst nobody can ever predict the future of a market understanding the influencing factors at ply will go a long way in helping you anticipate market movements and make informed decisions.

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