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OBJECT ONE REAL ESTATE DEVELOPMENT L.L.CThe Global-Property.Investments website has more than 6428 ads from construction companies and leading agencies offering to acquire a home. Freehold apartments in UAE are available for full ownership. Once you have selected a suitable advert, call or message the broker to finalise the deal.
- The average selling price is AED 1.2 million ($326,500).
- The average price of 1 m² is AED 18,110 ($4,930).
- The minimum cost of apartments in Dubai is AED 1000037/$272304.
- The most expensive flat costs AED 1bn ($272.3m).
- Over the last year, the price has increased by 4.6% (in the category of ready-made properties).
The following prices for apartment in Dubai, UAE, are presented in the Global-Property.Investments website:
| Number of bedrooms | Minimum price (AED/$) | Maximum price (AED/$) |
|---|---|---|
|
Studio |
543,590/148,000 |
4.7 million/1.3 million |
|
1 bedroom |
550,935/150,000 |
15.4 million/4.2 million |
|
2 bedrooms |
554,600/151,000 |
62.07 million/16.9 million |
|
3 bedrooms |
797,019/217,000 |
76.3m/20.8m |
|
4 bedrooms |
1.4 million/381,500 |
165.2 million/45 million |
|
5 bedrooms |
2.07 million/564,500 |
175 million/47.65 million |
The above apartment prices in Dubai are approximate and vary depending on:
- neighbourhood and infrastructure;
- area;
- layout and number of bedrooms;
- proximity to the sea and transport hubs;
- available amenities and level of luxury.
It is recommended that brokers be contacted directly for accurate data.
- The minimum size is 8 m².
- The most significant area is 6967.7 m².
To obtain a 2-year investor visa, you must purchase 1 or more properties in Dubai worth at least AED 750,000 ($204,000). The visa will be valid for 10 years for purchases of AED 2 million ($544,500) or more.
Apartments for sale in Dubai
The decision to buy a flat in Dubai will allow you to preserve and increase your capital. Real estate in a rapidly developing city with a high quality of life is suitable for investment purposes, renting, holidays on the seaside and permanent residence, including for families with children. The infrastructure includes many shopping and entertainment centres, restaurants, parks and sports facilities. Among the advantages of the metropolis are advanced clinics, international schools and universities, and a convenient transport system. There is no mandatory taxation on property ownership and rental income in the UAE.
Distinctive features of the residences include:
- quality materials used for construction and finishing;
- spacious layouts, high ceilings, stylish decor;
- wide windows, patios and balconies with city or sea views;
- modern amenities such as swimming pools, spa centres, gyms, shops, restaurants, children's playgrounds;
- parking spaces;
- security and video surveillance.
The metropolis offers the following types of flats:
- open-plan studios with a kitchen combined with a living room and a bedroom area;
- apartments with rooms for eating, living, cooking and several bedrooms; spacious versions may also have a maid's room and other additional rooms;
- full-service hotel apartments;
- duplex apartments with internal staircase and/or lift;
- flats on the first floor with their own gardens.
The market offers options to suit different preferences in a wide price range. Luxury apartments are sold in communities such as vibrant Dubai Marina, stunning Downtown Dubai, and marvellous Business Bay. Mid-price segment residences are located in exquisite Jumeirah Village Circle, atmospheric Dubai Silicon Oasis and modern International City communities. Budget options are located in suburban areas away from the city centre and beaches. Off-plan flats can be purchased in clusters such as Meydan City, exciting Dubailand, attractive Dubai Creek Harbour and majestic Jumeirah Lake Towers.
Reasons for investing apartment in Dubai
Apartments in Dubai for investment are a secure deposit and an opportunity to holiday by the sea any time of the year. Residences are in demand among locals, expats, tourists and investors. The population of the metropolis and tourist flow are constantly increasing. The number of residents in 2023 increased by 3%, leading to increased demand for property. During the same period, the price of ready-made apartments increased by 4.6% on average, and the growth of rents in this category of housing in popular areas was 11–49%.
A ready apartment for sale in Dubai can become a source of passive income when renting it out. The average return on property in Dubai is 11–13% of short-term rentals every year and 5–8% for long-term rentals. Areas with high demand are near beaches, attractions, metro stops and major transportation routes. The presence of developed infrastructure in the complex increases the property's attractiveness.
In 2023, increased demand for the purchase of completed residences was recorded in the neighbourhoods of:
- exquisite Dubai Marina;
- stunning Jumeirah Village Circle;
- marvellous Downtown Dubai;
- extravagant Business Bay;
- inimitable International City.
Resale housing will bring significant profit in the long term when prices increase. It is more profitable to make a purchase at the construction stage, as after its completion, the cost of apartments and flats in Dubai usually increases by 20–30%.
In 2023, active price growth for off-plan residences was seen in the following areas:
- lively Jumeirah Village Circle;
- attractive Al Merkadh;
- amazing Dubai Marina;
- appealing Business Bay;
- picturesque Dubai Hills.
The housing price is expected to increase by 5% or more in 2024.
Buying apartments in Dubai
Our website offers up-to-date offers on property for sale in the UAE. An easy-to-use filter system will help you quickly find a studio, apartment, or villas in Dubai or another city. Brokers are ready to promptly provide the information on the offer and start the transaction.