Real estate prices in Dubai rose by 33.4% in January to an average of 1,575 dirhams per square meter, as the housing market remained stable amid a rapid economic recovery in the emirate.
Luxury real estate prices increased by 35.1%, while the affordable and budget segments registered an increase of 37.2% and 15.7% year-on-year.
Residential real estate market activity also declined by about 13% due to fewer mortgages, while off-plan property sales increased fourfold, helped by transactions in areas such as Dubai Harbour and Business Bay.
The most profitable areas in terms of prices were Jumeirah, Mohammed Bin Rashid City and Palm Jumeirah.
Distance to the sea: 8.5 kmCompletion year: II quarter, 2024, off-plan Business Bay - Dubai - UAE
Financial Centre
3000m
Burj Khalifa/Dubai Mall
2500m
Business Bay
2700m
The Terraces Marasi Drive in Dubai
The Terraces Marasi Drive in Dubai, UAE, is a new 19-storey residential tower with apartments ranging from 1 to 4 bedrooms. The project offers a wide range of... Details
Distance to the sea: 3.1 kmCompletion year: III quarter, 2026, off-plan
Burj Khalifa/Dubai Mall
1160m
Financial Centre
1820m
Business Bay
1530m
Thyme Central Park in Dubai
Thyme by Meraas is a modern 10-storey apartment building surrounded by lush greenery. This new development is situated in one of the popular neighbourhoods with... Details
This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.
Sign in
Sign up
