Dubai Property Market Sales & Trends

The Average Property Prices in Dubai.

Although the average property value in Dubai has risen substantially this year, compared to living in some of the other major expat hubs in the world, Dubai costs much less. Let’s take a look at the average apartment price per square meter of different metropolitan cities vs Dubai, according to Numbeo

• Dubai: AED 12,410.05\
• London: AED 60,108.26
• New York: AED 56,794.87
• Hong Kong: AED 119,954.44

 

• After the covid pandemic, new off-plan supply was disturbed and demand increased sales due to the increase in demand prices increased.
• 2022 should deliver a moderate increase in price and rents as well as strong sales, which encourage developers to continue to launch new projects.
• Developers’ revenue growth should accelerate over the next 4-5 years, tempered by a structural oversupply of residential properties and the delivery of new developments.
• high oil prices will remain an important positive factor for investment sentiments the GCC region.
  Geopolitical tension and there their economic fallout is a key risk, but we expect Dubai will attract as a safe haven for wealthy individuals.

Dubai property prices

According to the property trends in Dubai in 2021 – 2022, the demand is very high interest for property seekers and investors is high for luxury areas of Dubai like Downtown Dubai, Sobha Hartland, and Dubai creek harbor.

Let’s take a look at the average prices of apartments in some of the major districts of Dubai. According to the listing at property portal, the property prices are as below:

Area / location	Studio	1 Bedroom Apartment	2 Bedroom Apartment	3 Bedroom Apartment
Dubailand	AED 323K	AED 451K	AED 620K	AED 1.27M
Business Bay	AED 419K-1.49M	AED 550K-2.8M	At least AED 850K	AED 1.3M to 19.8M
Dubai Production City	AED 275K	AED 512K	AED 761K	AED 832K
Jebel Ali	AED 361K	AED 690K	AED 900K+	–
Arjan	AED 434K	AED 694K	AED 929K	AED 1.228M
Dubai South	AED 327K	AED 539K	AED 895K	AED 1.283M
Dubai Investment Park	AED 299K	AED 489K	AED 743K	AED 1.253M
Dubai Silicon Oasis	AED 305K	AED 473K	AED 711K	AED 1M
Jumeirah Village Triangle	AED 398K	AED 610K	AED 954K	AED 1.47M
Al Furjan	AED 412K	AED 679K	AED 964K	AED 1.339M
Mirdif	AED 562K	AED 908K	AED 1.419	AED 2.001M
Dubai Sports City	AED 335K	AED 486K	AED 750M	AED 974M
Umm Suqeim	–	AED 1.238M	AED 2.013M	AED 3.463M

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Best property Offer In Dubai

Most Search areas to buy apartment in Dubai

 

As all know in 2018-2019 price of Dubai property is fall and demand raises with a low-cost investment and high ROI in the futures.

Dubai property prices graph 2022 prediction

As all know in 2021 Dubai has a grand event to host Expo 2020 and huge no of footfall in Dubai come it’s definitely makes Dubai a more popular and hot destination for holidays that increase demand for the hotel industry and create lot more jobs in UAE.

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let’s take a look most popular buying property in Dubai in 2019

Most popular apartments buying in Dubai in 2020 – 2021

All these are given the highest ROI in 2022 on the topmost list of International city area apartments which give about 9.5% Return on investment.

 

Dubai property prices trend

Due to Covid 19 Real estate property prices trending low and almost reach the bottom but after flights are open and vaccine comes the prices give good upper movement. As trends show the off-plan sales are going up and investors are now taking more interest in buying the property.

5 Dubai property price trends in 2022

Dubai’s real estate is very trending and is famous across the world. Dubai offers real estate property for both commercial and residential purposes. Many people across the globe wish to have a property whether residential or commercial. Dubai’s real estate is growing at a very high speed and emerging with new technologies and features which makes more people fall for it. There are various trends for Dubai property going on. In this article, you will find those trends in brief.

• Affordability – According to the housing Institute, the price of Dubai properties will be less than ASD2m, and may behalf will be less than AED1m. As the new properties are emerging and renovated, it has been assumed that the rates of the newly built apartments and villas made will be very affordable. This indicates that even a middle-class resident of Dubai can also buy a property or rent a property in the new area.
• Community-based living – The new properties which are building in Dubai’s real estate will provide community-based living. This means whether you will buy an apartment or a villa in any of the locations, you can easily avail of various types of facilities at very close proximity to your residence. The school for your child, the office of your husband, hospital, medication, gym, park, and other things or places will be situated at the neighborhood or just within walking distance so that people can anytime and anywhere.
• Infrastructure boom – The trend of Dubai real estate property is an infrastructure boom which means that the infrastructure developed or built will be of modern design and features. And the latest infrastructure of the apartment and villas can also be very affordable. Even various builders are thinking to add metro lines which will make people access to various new places in Dubai. This way people can enjoy the latest infrastructure at their homes and even outside too so that living can become comfortable and peaceful.
• The rise of REIT’s – This means Real estate investment trunk which is made for various small and big investors or property dealers. Through this, they can gain a smart way of growing and earning their income daily. A REIT’s is also known as the property-based mutual fund, which can give profits for the long term as well. Investors can also enjoy various perks and bonuses. REIT’s are increasing at a very rapid rate which indicates that the people of UAE are getting more attracted to various Dubai real estate properties.
• Developer collaboration – With the emerging trend of Dubai real estate, various developers are collaborating to find new business skills and to have a great exposure to Dubai real estate. This industry is rising which has enabled various people to learn new models of real estate and to have a beautiful and great property in new locations. Even cross-industries collaborations are also being made to Dubai real estate which also enables various industrialists to invest in new emerging projects of properties.

 

Most trending search in 2021 villas for sale in Dubai for 1 million most of the home seekers search for 1 Mn property in Dubai.