- Popular Areas to Buy Luxury Apartments
- Top Areas to Buy Luxury Villas
- Popular Areas to Buy Affordable Apartments
- Top Areas to Buy Affordable Villas
- Top Off-Plan Projects for Apartments
- Top Off-Plan Projects for Villas
Wrapping up 2023, Dubai’s real estate sector has marked another fortunate year of prosperity and growth. New ready projects, a spike in off-plan properties and business-friendly policies have garnered the investor’s attention to the city.
Here is an in-depth analysis of the megacity’s property sector – all encompassed in Dubai’s annual sales market report 2023 by dubizzle. We’ve listed the top neighbourhoods for apartments and villas in Dubai in 2023, outlining key investor preferences, average sales trends and return on investment.
Here are the key takeaways from dubizzle’s Dubai sales market trends in 2023.
- Overall, the average sales price of apartments and villas in both luxury and affordable categories has risen enormously in 2023.
- Jumeirah Village Circle tops the list for affordable apartments, while Dubai Marina has garnered attention for its luxurious flats.
- Liwan and Green Community offer the highest ROI of 9.46% and 9.49%, respectively, for affordable and luxury apartments.
- As per user search trends on dubizzle, DAMAC Hills 2 has emerged as a top area for affordable villas in Dubai.
- With an overall increase of 14.37%, Dubai Hills Estate has become the most-searched area among buyers interested in luxury villas.
- Speaking of areas for villas with the best ROI, Dubai Investment Park (DIP) and Al Barari have offered healthy returns of 13.13% and 9.23%, respectively.
- The addition of new off-plan communities like Villanova and Aykon City has emerged as a driving factor of the upward sales trend.
These highlights in Dubai’s sales market report 2023 by dubizzle suggest an upward trend in the city’s real estate market. A mix of amenities, new off-plan and ready projects has heightened investor interest in these areas.
Let’s learn more about these price shifts in Dubai’s annual sales market report 2023 by dubizzle.
POPULAR AREAS TO BUY LUXURY PROPERTIES IN DUBAI
Speaking of areas for luxury apartments and villas in Dubai, they have witnessed a significant increase in average asking prices in 2023. The plethora of amenities, healthy returns on investment and a lavish lifestyle have piqued the demand for luxury properties.
POPULAR AREAS FOR BUYING LUXURY APARTMENTS IN DUBAI
POPULAR AREAS | ROI | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022 | TRANSACTION PRICE Avg. PriceChange from 2022 | Studio | 1-bed | 2-bed |
|---|---|---|---|---|---|---|
| Dubai Marina | ROI 6.86% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022
| TRANSACTION PRICE Avg. PriceChange from 2022
| Studio
| 1-bed
| 2-bed
|
| Business Bay | ROI 5.86% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022
| TRANSACTION PRICE Avg. PriceChange from 2022
| Studio
| 1-bed
| 2-bed
|
| Downtown Dubai | ROI 6.39% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022
| TRANSACTION PRICE Avg. PriceChange from 2022
| Studio
| 1-bed
| 2-bed
|
| Palm Jumeirah | ROI 4.69% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022
| TRANSACTION PRICE Avg. PriceChange from 2022
| Studio
| 1-bed
| 2-bed
|
| Dubai Creek Harbour | ROI 6.26% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022
| TRANSACTION PRICE Avg. PriceChange from 2022
| Studio
| 1-bed
| 2-bed
|
Luxury apartments have remained a point of focus among buyers in Dubai. From studios to 2-bed flats, this property type offers comfortable living under different budget umbrellas.
Dubai Marina
As per the user search trend on dubizzle, Dubai Marina is among the top areas to buy luxury apartments in the emirate. Home to a coastline backdrop and skyscrapers, the area offers several amenities catering to an opulent lifestyle.
Besides, Dubai Marina is a renowned tourist destination, making it a well-rounded luxury area. Marina Arcade Tower and Princess Tower have emerged as the most popular choices for investment, accounting for a whopping increase in asking sales prices for apartments in Dubai Marina.
Speaking of average asking prices in Dubai Marina, they have amounted to AED 2.38M with 6.86% ROI.
- With a 16.99% increase, the price per square foot for apartments in Dubai Marina has averaged AED 1,812.
- In 2023, the average asking prices of the studio, 1 and 2-bed apartments for sale in Dubai Marina have increased to AED 1.07M, AED 1.50M and AED 2.47M, respectively.
- As per DLD transactions data, the average sales price for apartments in this area has risen by 17.73%.
Business Bay
The next on our list is Business Bay. It is another area for luxury flats that has been on the investors’ radar due to its commercial centres and residential properties. Moreover, off-plan projects like Aykon City have added to the investor’s interest in the area. In 2023, the average sales price for apartments in Business Bay have averaged AED 1.98M, offering a 5.86% ROI.
- The per-square-foot price of apartments for sale in Business Bay has averaged AED 2,044 after a 22.59% uptick.
- As for the studio, 1 and 2-bed flats, their sale prices have averaged AED 999k, 1.58M and 2.52M, respectively.
- The average sale prices for apartments in Business Bay have risen by 3.77%, as per the DLD data.
Downtown Dubai
According to the user trends on dubizzle, Downtown Dubai is a popular area to buy luxury flats in the emirate. The area is home to iconic landmarks such as the Burj Khalifa which adds to its popularity.
Moreover, Downtown Dubai offers world-class amenities that attract investors, both locals and expats. The luxury flats in the area have garnered an average sales price of AED 3.42M with an impressive ROI of 6.39%.
- After a 16.94% increase, the average per-square-foot price for apartments in Downtown Dubai has been recorded at AED 2,727.
- The sales price of the studio, 1 and 2-bed flats for sale in Downtown Dubai has reached AED 1.42M, AED 1.99M and AED 3.58M, respectively.
- As per the data transactions shown on DLD, the average sales price of apartments in the area has increased by 13.45% in 2023.
The fourth and fifth spots on our list have been secured by Palm Jumeirah and Dubai Creek Harbour. The apartments for sale in Palm Jumierah stand at an average price point of AED 5.70M with a 4.69% rental yield.
On the other hand, Dubai Creek Harbour has also sparked investors’ interest by yielding an impressive ROI of 6.26%. The asking price of apartments for sale in Dubai Creek Harbour has averaged AED 2.33M in 2023.
AREAS WITH THE BEST ROI FOR LUXURY APARTMENTS IN DUBAI IN 2023
Areas | ROI |
|---|---|
Areas Green Community | ROI 9.49% |
Areas Al Barari | ROI 8.24% |
Areas The Hills | ROI 7.91% |
Areas Jumeirah Golf Estates | ROI 7.82% |
Areas Umm Suqeim | ROI 7.46% |
Green Community offers the highest ROI, 9.49%, for luxury apartments in Dubai. The gated community offers a tranquil lifestyle with several amenities in the vicinity.
Meanwhile, Al Barari has gained the second spot on the list with an impressive ROI of 8.24%, estimated from the annual rental yield. The area offers a comfortable commute to the rest of the city and encompasses all the necessary facilities.
POPULAR AREAS FOR BUYING LUXURY VILLAS IN DUBAI
POPULAR AREAS | ROI | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022 | TRANSACTION PRICE Avg. PriceChange from 2022 | 3-bed | 4-bed | 5-bed |
|---|---|---|---|---|---|---|
| Dubai Hills Estate | ROI 4.88% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022
| TRANSACTION PRICE Avg. PriceChange from 2022
| 3-bed
| 4-bed
| 5-bed
|
| DAMAC Hills | ROI 6.84% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022
| TRANSACTION PRICE Avg. PriceChange from 2022
| 3-bed
| 4-bed
| 5-bed
|
| Arabian Ranches | ROI 5.92% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022
| TRANSACTION PRICE Avg. PriceChange from 2022
| 3-bed
| 4-bed
| 5-bed
|
| Palm Jumeirah | ROI 3.69% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022
| TRANSACTION PRICE Avg. PriceChange from 2022
| 3-bed
| 4-bed
| 5-bed
|
| Jumeirah Park | ROI 5.34% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022
| TRANSACTION PRICE Avg. PriceChange from 2022
| 3-bed
| 4-bed
| 5-bed
|
Living in a villa has been a top choice for many buyers in Dubai, as shown by user search trends on dubizzle. Here are the top areas to buy a luxury villa in Dubai.
Dubai Hills Estate
As per the dubizzle user data, investors have shown a keen interest in Dubai Hills Estate to purchase a luxury villa. The family-friendly and luxury area to buy a villa in Dubai is home to many residential properties and parks plus several amenities. Moreover, the launch of new projects like Golf Grove and Parkway Vistas has contributed to the area’s popularity, resulting in higher prices.
In 2023, the average sales prices of villas for sale in Dubai Hills Estate have increased to AED 15.04M, offering a 4.88% rental yield.
- After a significant uptick of 27.86%, the villas in the area have averaged a per-square-foot price of AED 2,144.
- In 2023, the average sales price of 3, 4 and 5-bed houses in the neighbourhood have increased to AED 5.11M, AED 6.26M and AED 17.89M, respectively.
- According to DLD transactions, the average sales prices of villas in Dubai Hills Estate have surged by 14.37%.
DAMAC Hills
DAMAC Hills has also attained investors’ attention, offering spacious villas in different configurations. It is a top golf community in Dubai and home to Trump International Golf Club Dubai plus other family-friendly attractions. Plus, it is well-connected to other city areas. In 2023, the average prices of villas in DAMAC Hills have amounted to AED 6.38M with a 6.84% ROI.
- The per-square-foot price of luxury villas in the area has averaged AED 1,314 after a 15.46% increase.
- As for 3, 4 and 5-bed houses for sale in DAMAC Hills, their sale prices have averaged AED 2.75M, AED 2.92M and AED 6.29M, respectively.
- As shown by DLD data, the average asking prices of villas in DAMAC Hills have experienced an increase of 7.53%.
Arabian Ranches
The next on our list comes the Arabian Ranches, a nature-inspired community offering all the perks of an urban locale. As for luxury villas in the area, they have an average price of AED 6.64M with a 5.92% rental yield.
- With a 7.23% increase, the average per-square-foot price for villas in Arabian Ranches has amounted to AED 1,273.
- The average sales prices of 3, 5 and bed villas in the community have increased to AED 3.54M, AED 5.23M and AED 8.47M, respectively.
- The luxury villas for sale in Arabian Ranches have experienced a surge of 12.65% in average sales prices, as per DLD transactions.
Ranked fourth on our list, the villas for sale in Palm Jumeirah have an average sales price of AED 37.84M. Moreover, they offer an ROI of 3.69%.
Securing the fifth position on our list is Jumeirah Park. The average asking price for buying villas in Jumeirah Park stands at AED 6.65M. These villas have delivered a rental yield of 5.34%.
AREAS WITH THE BEST ROI FOR LUXURY VILLAS IN DUBAI IN 2023
Areas | ROI |
|---|---|
Areas Al Barari | ROI 9.23% |
Areas Pearl Jumeirah | ROI 8.58% |
Areas Jumeirah Golf Estates | ROI 7.16% |
Areas Mohammed Bin Rashid City | ROI 7.00% |
Areas Arabian Ranches 3 | ROI 6.98% |
As per the dubizzle real estate rental trends, Al Barari offers the highest ROI on luxury villas in Dubai. Moreover, villas in Al Barari have delivered a significant ROI of 9.23%.
Pearl Jumeirah closely follows its predecessor, offering an 8.58% rental yield on luxury villas. The island offers scenic views of Dubai’s skyline plus an opulent lifestyle.
POPULAR AREAS TO BUY AFFORDABLE PROPERTIES IN DUBAI
The affordable property segment in Dubai has also witnessed a price surge in 2023. Both apartments and villas have remained a popular investment and living option in the emirate. Let’s review these top affordable areas as per dubizzle user trends.
POPULAR AREAS FOR BUYING AFFORDABLE APARTMENTS IN DUBAI
POPULAR AREAS | ROI | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022 | TRANSACTION PRICE Avg. PriceChange from 2022 | Studio | 1-bed | 2-bed |
|---|---|---|---|---|---|---|
| Jumeirah Village Circle (JVC) | ROI 7.54% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022
| TRANSACTION PRICE Avg. PriceChange from 2022
| Studio
| 1-bed
| 2-bed
|
| Dubai Silicon Oasis (DSO) | ROI 8.59% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022
| TRANSACTION PRICE Avg. PriceChange from 2022
| Studio
| 1-bed
| 2-bed
|
| International City | ROI 7.62% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022
| TRANSACTION PRICE Avg. PriceChange from 2022
| Studio
| 1-bed
| 2-bed
|
| Dubai Sports City | ROI 8.38% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022
| TRANSACTION PRICE Avg. PriceChange from 2022
| Studio
| 1-bed
| 2-bed
|
| Arjan | ROI 6.27% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022
| TRANSACTION PRICE Avg. PriceChange from 2022
| Studio
| 1-bed
| 2-bed
|
To purchase an affordable apartment in Dubai, investors have expressed interest in certain areas such as JVC, DSO and International City.
Jumeirah Village Circle
Jumeirah Village Circle has secured the top spot to buy an affordable flat in Dubai. A master community by Nakheel, JVC is an affordable area to buy a flat in Dubai and is home to several property options that have added to the growing buyers’ interest. Additionally, in 2023, JVC Districts 10, 11 and 13 have received the most demand amid new developments.
In 2023, flats for sale in JVC have reported an average selling price of AED 948k. Besides, the 7.54% return on investment makes this neighbourhood more compelling for buyers.
- The average per-square-foot price for flats in this community has amounted to AED 1,120 after an 18.92% surge.
- As for the studio, 1- and 2-bed apartments in JVC, their sale prices have averaged AED 550k, AED 834k and AED 1.38M, respectively.
- The DLD data has shown an increase of 4.59% in the average sale prices of flats in Jumeirah Village Circle.
Dubai Silicon Oasis (DSO)
Dubai Silicon Oasis is another top choice for affordable apartments in the city. With several landmarks, a high-end lifestyle and proximity to other renowned areas, DSO offers many perks to its residents.
Regarding affordable apartments in Dubai Silicon Oasis, they have an average sales price of AED 646k with an ROI of 8.59%.
- After a 5.93% increase, the average per-square-foot price for apartments in DSO stands at AED 710.
- The average prices of the studio, 1 and 2-bed flats for sale in DSO have increased to AED 364k, AED 532k and AED 898k, respectively.
- The DLD transaction data indicates a 1.40% increase in the average sales price of apartments in DSO in 2023.
International City
According to search patterns observed on dubizzle, the next affordable area for buying apartments is International City. Communities in this freehold property area in Dubai, such as International City Phase 2 and the Central Business District, offer a unique mix of a peaceful yet dynamic lifestyle. Additionally, upcoming projects like the Petalz by the Danube are driving factors behind the increasing prices in the area.
Apartments for sale in International City have yielded a healthy ROI of 7.62%. Besides, the asking sales price in International City has averaged AED 463k in 2023.
- Experiencing a 27.65% rise, the apartments in the area have averaged a per-square-foot price of AED 617.
- The sales price of the studio, 1- and 2-bed flats in International City has reached AED 297k, AED 418k and AED 820k, respectively.
- According to DLD, the average sale prices of flats in International City have increased by 6.66%.
The next on our list is Dubai Sports City. The affordable apartments in this area have reported an average selling price of AED 653k. Moreover, these apartments offer a healthy rental yield of 8.38%, making them a sound choice for investors.
The fifth most-searched area for affordable apartments in Dubai is Arjan. In 2023, the prices have risen to AED 961k with a 6.27% ROI. New projects like Vincitore Volare, Beverly Boulevard and the community of Marquis Galleria are some of the key factors of the price surge in the area.
AREAS WITH THE BEST ROI FOR AFFORDABLE APARTMENTS IN DUBAI IN 2023
Areas | ROI |
|---|---|
Areas Liwan | ROI 9.46% |
Areas Remraam | ROI 9.28% |
Areas Al Qusais | ROI 9.11% |
Areas Town Square | ROI 8.38% |
Areas Discovery Gardens | ROI 8.15% |
In 2023, among the top areas with the best returns for apartments, Liwan takes the lead with an impressive 9.46% ROI. it is followed closely by Remraam, offering a 9.28% ROI. Moreover, apartments in Al Qusais have also delivered a sound 9.11% rental yield.
POPULAR AREAS FOR AFFORDABLE VILLAS IN DUBAI
POPULAR AREAS | ROI | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022 | TRANSACTION PRICE Avg. PriceChange from 2022 | 3-bed | 4-bed | 5-bed |
|---|---|---|---|---|---|---|
| DAMAC Hills 2 (Akoya by DAMAC) | ROI 6.63% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022
| TRANSACTION PRICE Avg. PriceChange from 2022
| 3-bed
| 4-bed
| 5-bed
|
| Dubailand | ROI 6.83% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022
| TRANSACTION PRICE Avg. PriceChange from 2022
| 3-bed
| 4-bed
| 5-bed
|
| Jumeirah Village Circle (JVC) | ROI 7.98% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022
| TRANSACTION PRICE Avg. PriceChange from 2022
| 3-bed
| 4-bed
| 5-bed
|
| Al Furjan | ROI 6.70% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022
| TRANSACTION PRICE Avg. PriceChange from 2022
| 3-bed
| 4-bed
| 5-bed
|
| Dubai South | ROI 6.43% | PRICE PER SQ.FT Avg. Price/sq.ftChange from 2022
| TRANSACTION PRICE Avg. PriceChange from 2022
| 3-bed
| 4-bed
| 5-bed
|
In line with the search trends on dubizzle, affordable villas have also been a focus point for investors and buyers in 2023. Let’s go through the areas which take the mantle for budget-friendly houses in Dubai.
DAMAC Hills 2 (Akoya by DAMAC)
DAMAC Hills 2 has taken the lead when it comes to buying an affordable villa in Dubai. The eco-friendly community features landscaped gardens, easy access to major UAE highways and a plethora of property options. What’s more, the addition of completed projects like Aquilegia and Avencia has heightened consumer interest on dubizzle. All these factors contribute to the popularity of DAMAC Hills 2 as a top area to buy affordable houses in Dubai.
As for the villas for sale in DAMAC Hills 2, they have recorded an average sales price of AED 1.59M with a 6.63% rental yield.
- The average per-square-foot price for villas in Damac Hills 2 (Akoya by DAMAC) has reached AED 735 after a 16.35% spike.
- The average sales price of 3, 4 and 5-bed houses in DAMAC Hills have amounted to AED 1.33M, AED 1.69M and AED 2.54M, respectively.
- Based on DLD data, there has been a surge of 20.56% in the average sales price.
Dubailand
The user trends on duizzle for houses in Dubailand have shown an upward trend. You can find a myriad of amenities, tourist attractions and basic facilities like top schools in Dubailand. In 2023, the residential development witnessed a significant spike in the sale prices of houses due to off-plan projects like Rukan and Villanova.
The villas in Dubailand have averaged a sale price of AED 2.97M with an impressive 6.83% rental yield.
- Experiencing a 21.82% increase, the average per-square-foot price for villas in Dubailand has soared to AED 1,018.
- On average, the sales price of 3, 4 and 5-bed villas for sale in Dubailand has jumped to AED 1.97M, AED 2.60M and AED 8.04M, respectively.
- As per DLD transaction data, a notable rise of 71.51% has been observed in the sale prices of budget-friendly villas in the area.
Jumeirah Village Circle (JVC)
JVC follows Dubailand on our list of affordable areas to buy villas in Dubai. The area offers world-class amenities and proximity to Dubai’s attractions. The average asking price for villas to buy in JVC has amounted to AED 2.71M with a 7.98% ROI as per property listings on dubizzle.
- There has been a 24.51% in the average per-square-foot price for villas in JVC, making the price jump to AED 831.
- The sale prices of 3,4 and 5-bed villas in JVC have averaged AED 2.45M, AED 2.77M and AED 2.64M, respectively.
- As revealed by DLD transactions data, there has been a 20.61% shift in the average sales prices.
Al Furjan and Dubai South have gained fourth and fifth spots on the list. The average asking sales price of houses for sale in Al Furjan has soared to AED 3.69M with an ROI of 6.70%. Meanwhile, villas for sale in Dubai South have delivered a 6.43% ROI. Moreover, the average prices in Dubai South have increased to AED 3.18M.
AREAS WITH THE BEST ROI FOR AFFORDABLE VILLAS IN DUBAI IN 2023
Areas | ROI |
|---|---|
Areas Dubai Investment Park (DIP) | ROI 13.13% |
Areas Al Rashidiya | ROI 8.72% |
Areas Al Twar | ROI 8.07% |
Areas Wasl Gate | ROI 7.46% |
Areas Mudon | ROI 7.31% |
Several areas in Dubai stand out as prime locations offering the best ROI for affordable villas in 2023. According to user trends on dubizzle, Dubai Investment Park (DIP) leads the list with an impressive ROI of 13.13%, making it a notable choice for potential investors. Following closely are Al Rashidiya at 8.72% and Al Twar at 8.07%, presenting favourable investment opportunities
Popular Off-Plan Communities in Dubai
Off-plan communities in Dubai have played a significant role in the notable surge in property prices. Furthermore, the enticing payment plans for off-plans in Dubai not only attract investors but also serve as a compelling incentive for potential buyers. The off-plan developments, marked by innovative designs and modern amenities, attract investors seeking promising returns.
As these communities continue to evolve, the trend of off-plan investments remains a driving force behind the continuous growth in the city’s property values. Moving forward, in this Dubai sales market report 2023 by dubizzle, we have listed the off-plan projects that stood tall for apartments and villas in Dubai. Let’s go through them.
Top Off-Plan Projects For Apartments in Dubai
Off-Plan Project | Area | Category | Average Sales Price (AED) |
|---|---|---|---|
Off-Plan Project Beverly Boulevard | Area Arjan | Category Affordable | Average Sales Price (AED) 863,000 |
Off-Plan Project Petalz By Danube | Area International City | Category Affordable | Average Sales Price (AED) 802,000 |
Off-Plan Project Time 2 | Area Dubai Residence Complex | Category Affordable | Average Sales Price (AED) 819,000 |
Off-Plan Project Peninsula | Area Business Bay | Category Luxury | Average Sales Price (AED) 2,497,000 |
Off-Plan Project St. Regis The Residences | Area Downtown Dubai | Category Luxury | Average Sales Price (AED) 4,082,000 |
Off-Plan Project Ellington House | Area Dubai Hills Estate | Category Luxury | Average Sales Price (AED) 1,978,000 |
- Beverly Boulevard in Arjan has emerged as an affordable residential option with several amenities in a vibrant district.
- Petalz by Danube has its focus on affordability while delivering modern living spaces, making it an attractive choice for budget-conscious buyers.
- On the other hand, investors have also shown interest in Peninsula, a luxury development, featuring many amenities.
- St. Regis The Residences and Ellington House have also risen as a popular choice for buyers seeking an upscale living experience.
Top Off-Plan Projects For Villas in Dubai
Off-Plan Project | Area | Category | Average Sales Price |
|---|---|---|---|
Off-Plan Project Bianca | Area Dubailand | Category Affordable | Average Sales Price 2,030,000 |
Off-Plan Project Murooj Al Furjan | Area Al Furjan | Category Affordable | Average Sales Price 3,796,000 |
Off-Plan Project Camilia | Area DAMAC Hills 2 (Akoya by DAMAC) | Category Affordable | Average Sales Price 1,501,000 |
Off-Plan Project Venice | Area Damac Lagoons | Category Luxury | Average Sales Price 6,112,000 |
Off-Plan Project Alaya | Area Tilal Al Ghaf | Category Luxury | Average Sales Price 15,360,000 |
Off-Plan Project Elie Saab | Area Arabian Ranches 3 | Category Luxury | Average Sales Price 4,624,000 |
- Bianca in Dubailand has garnered investors’ interest seeking value and affordable living spaces.
- Meanwhile, Murooj Al Furjan is another affordable development and preferred investment for budget-conscious buyers.
- Venice, Alaya and Elie Saab have stood out as top choices for buyers in search of a luxurious abode and investment.
This brings us to the end of our Dubai annual sales market report 2023 by dubizzle. The year has witnessed notable trends, from the surge in affordable apartments to the appeal of luxury villas. Additionally, the thriving off-plan sector has played a pivotal role in shaping Dubai’s real estate market dynamics.
Disclaimer: The aforementioned search trends in the Dubai Annual Sales Property Market Report 2023 are based on the prices of properties on dubizzle. It is not a representation of the real estate transactions regulated in the emirates.
For more information on Dubai’s real estate market, insights and latest trends, stay connected to dubizzle’s property blog.
