Dubai real estate market witnessed a 12.2% rise in transactions in H1 2024, compared to the latter half of 2023.

Dubai’s real estate scene is booming, with a notable 12.2 % rise in transaction volumes during
the first half of 2024 compared to late 2023. This uptick signals growing confidence among both
buyers and renters, fueled by the city’s people-centric developments, investor-friendly policies,
and appealing tax-free environment.

Top ROI for Luxury Villas

• Arabian Ranches 3 offers the best return on investment (ROI) at 6.42 percent for luxury villas.
• Dubai Hills Estate is a top choice for luxury villas, with an average sales price of AED 15.99
  million.
• Dubai Marina leads for luxury apartments, with an average sales price of AED 2.54 million and
  an annual rent of AED 153,000.

Affordable Options Abound

• DAMAC Hills 2 is a favorite for budget-friendly villas, averaging AED 1.93 million.
• Jumeirah Village Circle (JVC) and International City are popular for affordable apartments.
• Deira and International City are top picks for affordable rental apartments.

Attractive ROI for Investors

• Dubai Creek Harbour’s luxury apartments offer an impressive ROI of 6.49 percent.
• Dubai Silicon Oasis stands out with the highest ROI for affordable apartments at 9.19 percent.
• DAMAC Hills 2 leads in ROI for affordable villas at 7.25 percent.

Prime Locations for Buying Property

• Luxury apartments: Dubai Marina, Business Bay, and Downtown Dubai.
• Affordable apartments: JVC, International City, and Dubai Silicon Oasis.
• Upscale villa communities: Dubai Hills Estate, Palm Jumeirah, and DAMAC Hills.
• Affordable villas: DAMAC Hills 2, Dubailand, and JVC.

Popular Areas for Renting

• Luxury apartments: Dubai Marina, Business Bay, and Downtown Dubai.
• Affordable apartments: Deira, International City, Al Nahda, JVC, and Bur Dubai.
• Luxury villas: Al Barsha, Dubai Hills Estate, and Jumeirah.
• Affordable villas: DAMAC Hills 2, Mirdif, and Dubai South.

Dubai’s real estate market is vibrant and full of opportunities. Whether you’re looking to buy a
house, invest in a luxury property, or rent a fully furnished apartment, Dubai has something to
offer everyone. From villas for sale to off-plan properties and homes for rent, the options are
endless in this dynamic city.