Dubai Property Prices have witnessed a remarkable rise. And that’s due to the continuous improvement achieved by Dubai in terms of attracting buyers, investors, and residents of the Emirate. The demand for real estate purchases has begun to increase. Today, we will talk in detail about real estate prices in Dubai in the most sought-after areas.
Dubai Property Prices
Real estate in Dubai is divided into two main parts, which are residential and commercial. This article will mainly address residential real estate, including apartments, townhouses, and villas. As well as others, you have a clue about property prices in Dubai in detail.
Apartments
People have many inquiries regarding the real estate market in Dubai. Such as if Dubai property price crash in some ways or will property prices rise in Dubai due to major development. And this is why we will cover what you need to know about the properties, starting with apartments.
Downtown Dubai Property Prices
The area that hosts the tallest tower in the world is definitely one of the most popular areas for buying apartments in the Emirate! As it includes a wide range of apartments that suit individuals and families at affordable prices. Here is a glimpse of the average property price in Dubai, specifically in Downtown Dubai:
- 1-bedroom apartment: AED 1,779,888
- 2-bedroom apartment: AED 3,750,000
- 3-bedroom apartment: AED 6,300,000
Dubai Marina Property Prices
Dubai Marina is one of the most attractive destinations for investors and buyers in Dubai. Its distinctive facilities and landmarks make it a first destination for residents and tourists of the emirate. Continue to see the real average estate prices in Dubai Marina:
- 1-bedroom apartment: AED 1,350,000
- 2-bedroom apartment: AED 2,200,000
- 3-bedroom apartment: AED 3,600,000
Business Bay
The Business Bay is another special area for investment. It includes a diverse list of apartments with a distinct return on investment, not to mention the increase in demand for them. Thus, the Dubai property price trend in the area has increased compared to other Dubai property prices history, especially in Business Bay. The following is a look at the average real estate prices for apartments in the Business Bay area:
- 1-bedroom apartment: AED 1,350,000
- 2-bedroom apartment: AED 2,250,000
- 3-bedroom apartment: AED 3,200,000
Jumeirah Village Circle
Green spaces, pure nature, and a calm atmosphere are some of the reasons that made Jumeirah Village Circle. One of the most popular areas for buying apartments is the Emirate of Dubai. So if you are thinking of owning property in this area, here is a glimpse of the average property prices in Dubai. More precisely, in Jumeirah Village Circle:
- 1-bedroom apartment: AED 779,000
- 2-bedroom apartment: AED 1,200,000
- 3-bedroom apartment: AED 1,705,575
Villas
We notice a bloom in real estate sales and prices in Dubai, whether for villas or apartments. In terms of villas, Dubai has been able to attract many families and investors looking for luxury and upscale villas. Especially in the most beautiful residential neighborhoods. Here is a look at the most popular areas of Dubai for buying villas and their average prices:
Dubai Hills Estate
Dubai Hills Estate provides the residents with a lifestyle at the height of sophistication. And this is embodied in luxury villas with charming views of green spaces. In addition to distinguished facilities, a golf course, and many others. The following is a look at the average prices in Dubai Hills Estate for villas:
- 3-bedroom villa: AED 4,800,000
- 4-bedroom villa: AED 5,825,000
- 5-bedroom villa: AED 8,250,000
Palm Jumeirah
The Palm Jumeirah was one of the areas that most attracted buyers and investors, whether to buy apartments or villas. And it is one of the reasons behind any bloom in real estate sales and prices in Dubai. Because of the basic and recreational facilities and attractions that helped attract many buyers.
- 3-bedroom apartment: AED 13,000,000
- 4-bedroom apartment: AED 21,000,000
- 5-bedroom apartment: AED 30,000,000
Arabian Ranches
Starting from shopping centres and basic facilities, passing through polo fields and recreational facilities. All the way to luxury villas and an upscale lifestyle, Arabian Ranches provides all means of comfort and luxury for its residents, which made it one of the most sought-after areas. Below is a look at the real estate price index in Dubai, specifically in this area:
- 3-bedroom villa: AED 3,500,000
- 4-bedroom villa: AED 5,500,000
- 5-bedroom villa: AED 7,500,000
DAMAC Hills
The list also includes the Damac Hills area, which is distinguished by its luxurious residential units. Along with its strategic location near the most prominent landmarks of Dubai. If you are thinking of moving to Damac Hills, here is a look at the average real estate prices in it:
- 3-bedroom villa: AED 2,750,000
- 4-bedroom villa: AED 3,640,000
- 5-bedroom villa: AED 7,600,000
Mohammed Bin Rashid City
We conclude this report on the Dubai property price chart by talking about Mohammed bin Rashid City, which is famous for being one of the best modern freehold areas in Dubai. It’s one of the preferred choices for many buyers and investors from inside and outside the UAE. The following is a look at the average real estate prices in Dubai, specifically villas in Mohammed bin Rashid City:
- 3-bedroom villa: AED 3,393,889
- 4-bedroom villa: AED 11,935,000
- 5-bedroom villa: AED 21,807,507
With this, we have put before you a comprehensive view of Dubai property prices in the most demanded areas. If you’re interested in knowing more about properties in the UAE. You can read top real estate events in 2023 in the MENA Region, and more on the Property Finder blog.
