If you’re currently in the housing market, take note—the real estate scene in Dubai is moving quickly, with both rental and sale prices steadily rising post-pandemic.
For those looking to rent or buy in Dubai, Property Finder has released new data on the average prices for one-bedroom properties across the city. This data, gathered from listings over the past three months, also highlights whether you’ll primarily find villas or apartments in each area.
Renting in Dubai
According to the data, the most budget-friendly areas to rent a one-bedroom apartment right now are Jebel Ali (average Dhs58,000 per year), Deira (Dhs61,500), Dubai Silicon Oasis (Dhs61,999), and Town Square (Dhs65,000).
If you’re eyeing Dubai’s more popular neighborhoods, prepare to pay around Dhs75,000 annually in JVC, Dhs90,000 in The Greens, Dhs110,000 in Dubai Marina, and Dhs130,000 in Downtown.
The priciest areas for renting a one-bedroom flat are Bluewaters, DIFC, and Umm Suqeim. In Arabian Ranches and The Springs, where the smallest properties are two-bedroom villas, expect to pay an average of Dhs175,000 per year.
Buying in Dubai
For those looking to purchase property in Dubai, the most affordable one-bedroom units are found in Dubai Silicon Oasis, Town Square, Al Barsha, Motor City, and Jebel Ali, where average prices are under Dhs1 million.
In Dubai Marina, a one-bedroom apartment averages Dhs1,650,000, while in Dubai Hills Estate, it’s around Dhs1,550,000. Downtown Dubai tops the chart with an average sale price of Dhs2,250,000 for a one-bedroom apartment.
In Arabian Ranches and The Springs, where the minimum property size is a two-bedroom villa, prices are around Dhs2.9 million and Dhs3.15 million, respectively.
