Off-plan real estate sales in Dubai has led to a sharp increase in ROI

Nowadays, investments in off-plan real estate in Dubai attract «generational interest», and rental returns show the sharpest growth since 2014. For investors, the market offers a high rental return. The average rent for apartments in Dubai increased by 4% in the fourth quarter of 2021 after a stable third quarter.

Interestingly, the high return on investment (ROI) is no longer limited to central areas such as Downtown Dubai or Dubai Marina. At the moment, it can be reached in busy suburban areas such as Sports City, Jumeirah Village Circle, Arjan, Arabian Ranches and Al Barsha South.

Investors can also benefit from highly competitive off-plan real estate prices compared to the rest of the world. For example, the price per square meter in Dubai averages 5,000 euros compared to more than 10,000 euros per square meter in Paris or Sydney.

Moreover, the local off-plan apartment market is experiencing an encouraging period of growth: sales of off-plan apartments in Dubai amounted to 11.65 billion dirhams for 5,303 transactions in the fourth quarter of 2021, compared with 9.79 billion dirhams for 4,905 transactions in the third quarter of 2021.