Residential transactions have soared past AED 120 billion in the first quarter alone, driven by unprecedented demand from European and Asian high-net-worth individuals seeking safe-haven assets in the emirate's booming economy.
Thousands of new applicants are registering for the 10-year UAE Golden Visa through property ownership, fuelling residential demand across mid-market segments.
The AED 12 billion project will feature co-living, commercial towers and a vertical retail strip targeting Dubai's growing young professional population.
Fixed-rate mortgages in the UAE have dipped below 3.8%, the lowest since 2021, as banks attempt to capitalise on surging buyer demand and transaction volumes.
Critics are pointing to widening price-to-income ratios and thinning yields, but bulls argue Dubai's structural demand drivers remain unmatched in any global city. We spoke to eight leading economists.
| Community | Type | Avg. Price (AED) | Price/sqft | MoM Change | YoY Change | Avg. Yield |
|---|---|---|---|---|---|---|
| Downtown Dubai | Apartment | 3,200,000 | 3,420 | ▲ +1.2% | ▲ +18.4% | 5.1% |
| Palm Jumeirah | Villa | 22,500,000 | 4,810 | ▲ +2.3% | ▲ +31.2% | 3.8% |
| Dubai Marina | Apartment | 1,850,000 | 2,180 | ▲ +0.9% | ▲ +14.7% | 6.3% |
| Business Bay | Apartment | 1,560,000 | 1,920 | ▼ -0.3% | ▲ +9.8% | 6.8% |
| Jumeirah Village Circle | Apartment | 780,000 | 1,140 | ▲ +1.5% | ▲ +22.1% | 7.4% |
| Arabian Ranches | Villa | 4,200,000 | 1,340 | ▲ +0.7% | ▲ +12.3% | 4.2% |
| DIFC | Apartment | 3,900,000 | 3,680 | ▲ +1.8% | ▲ +27.6% | 4.9% |