Square Yards Logo UAE
Sell or Rent PropertyFree
Login
Shortlisted Projects
  • Project
  • Resale
  • Rental
UAE Real Estate

Dubai Real Estate

Real Estate Made Real Easy

doodle
  • Square Yards Interior
  • UAE Heatmap
  • Property Rates in Dubai

For Real Estate Developers

PropVR
PropVR Logo

PropVR

  • Get all 3D visualisation under one roof
  • Virtual Sales Tool for remote showcase
  • Tech-enabled Experience Center Solutions
Know more

For Agents

Smartagent
Smartagent Logo

Smartagent.ae

  • Promote your brand through social media
  • Automate listing videos, website & brochures.
  • Use powerful AI to enhance your content
Know more

Top Selling Projects in Dubai

Best Sellers in Dubai

Dubai's real estate market has experienced rapid growth in recent years, with a burgeoning population and strong economic fundamentals driving demand. Our experts have selected the best real estate properties with the backing of financial services.

Danube Sportz Flagship
Square Assured Tag

Dubai Sports City, Dubai

From AED 589,000

New Launch

  • 1,2,3 BR Apartments
  • 389-1212 SQ.FT.
Details
Danube Bayz Flagship
Square Assured Tag

Business Bay, Dubai

From AED 765,000

Ready to Move

  • 1,2,3 BR Apartments
  • 412-1365 SQ.FT.
Details
Nabni Avenue Residences 4 Flagship
Square Assured Tag

Al Furjan, Dubai

From AED 1,005,675

Ready to Move

  • 1,2,3 BR Apartments
  • 825-1804 SQ.FT.
Details
Deyaar Oakwood Residency Flagship
Square Assured Tag

Dubai Production City (IMPZ), Dubai

From AED 648,000

Ready to Move

  • 1,2 BR Apartments
  • 625-1399 SQ.FT.
Details
Al Haseen Residences Flagship
Square Assured Tag

Dubai Industrial Park, Dubai

From AED 546,000

Ready to Move

  • 1,2 BR Apartments
  • 546-1099 SQ.FT.
Details
Reportage Village Flagship
Square Assured Tag

Dubai Lifestyle City, Dubai

From AED 1,549,429

New Launch

  • 2,3,4 BR Townhouse
  • 1567-2274 SQ.FT.
Details
Prescott Serene Gardens Flagship
Square Assured Tag

Discovery Gardens, Dubai

From AED 570,000

New Launch

  • 1,2 BR Apartments
  • 399-1169 SQ.FT.
Details
Danube Wavez Flagship
Square Assured Tag

Nad Al Sheba, Dubai

From AED 380,000

Under Construction

  • 1 BR Apartments
  • 406-676 SQ.FT.
Details
Dunya Tower Flagship
Square Assured Tag

Downtown Dubai, Dubai

From AED 1,760,000

Ready to Move

  • 1 BR Apartments
  • 823-823 SQ.FT.
Details
Deyaar Midtown Flagship
Square Assured Tag

Dubai Production City (IMPZ), Dubai

From AED 478,000

Ready to Move

  • 1,2,3 BR Apartments
  • 429-1677 SQ.FT.
Details
  • Most Popular
  • By Budget
  • By Property Type
  • By Beds
  • Most Popular
  • By Budget
  • By Property Type
  • By Beds

Dubai Real Estate

Dubai is a city located in the United Arab Emirates (UAE), situated on the southeast coast of the Persian Gulf. It is the largest and most populous city in the UAE, with a population of over 3.55 million people. Dubai is known for its impressive modern architecture, luxury shopping, lively nightlife, and stunning beaches. Dubai's economy is driven by tourism, real estate, and financial services. The city is home to some of the world's most iconic landmarks, including the Burj Khalifa and the Palm Jumeirah. Tourists flock to Dubai to enjoy its luxurious hotels, sizable malls, cultural heritage, adventurous activities, theme parks, and exciting attractions. 

Dubai has been investing heavily in sustainability initiatives and renewable energy in recent years. The city is committed to becoming a global leader in sustainable development and has launched a number of green initiatives, such as the Dubai Green Mobility Initiative and the Dubai Clean Energy Strategy.

Dubai's real estate market is one of the most dynamic and fastest-growing in the world. The city has become a hub for international investors, and its favourable business environment and strategic location make it a prime destination for property investments. It is currently home to some of the best properties in the world.

One of the most significant factors driving Dubai's real estate market is its growing population, which has led to a surge in demand for housing and commercial spaces, with a forecast increase of 46% in 2023 sales.

Market Size of Real Estate in Dubai

The Dubai real estate market comprises various property types at competitive prices and high rental yields. Due to the pandemic, property prices in Dubai dropped low, offering investors and residents a chance to invest and purchase properties in the UAE. In response to this demand, the government has implemented various policies and initiatives to encourage development, which aims to make the city one of the world's most livable and sustainable emirates.

Dubai's real estate market offers a diverse range of properties, from luxury villas and high-rise apartments to commercial buildings and office spaces. Some of Dubai's most popular neighbourhoods for real estate investment include Downtown Dubai, Palm Jumeirah, Dubai Marina, and Emirates Hills. One of the unique features of Dubai's real estate market is the presence of freehold properties, which means that non-UAE nationals can own property in designated areas of the city. This has made Dubai attractive to foreign investors and several high-profile international companies.

Due to its continued attraction of high-net-worth individuals, Dubai's real estate market is anticipated to set worldwide market prices in 2023. Nevertheless, the demand may be tempered by rising interest rates and other persistent challenges. The city has incredibly modern buildings, and the most recent construction projects appear upbeat and futuristic, attracting investors worldwide. As per studies, property prices in Dubai will increase by at least 10 to 15% in 2023, with some neighbourhoods set for a 46% growth.

However, like any real estate market, Dubai's market has its own set of challenges. One of the main challenges is the oversupply of properties in some areas, which has put pressure on rental and sale prices. The recent projects are propelling their development rapidly by moving up to the top of the list of nations with the tallest skyscrapers. 

Infrastructure and Connectivity

Dubai is known for its impressive infrastructure and connectivity. The city has invested heavily in building state-of-the-art infrastructure to support its growing economy, and as a result, Dubai has become one of the most connected cities in the world. Here's an overview of Dubai's infrastructure and connectivity:

  • Airports - Dubai International Airport and Al Maktoum International Airport. DXB is the world's busiest airport in terms of international passenger traffic, while DWC is one of the largest cargo airports in the world.
  • Roads - Dubai has a well-developed road network with major highways and expressways, including the popular Sheikh Zayed Road, which connects to different UAE emirates.
  • Dubai Metro - The Dubai Metro is a driverless, fully automated metro system that runs along two lines and covers a distance of 75 km with 47 stations. The metro is at the Dubai International Airport, easing connectivity throughout the emirate. In addition, there is a tram system that operates in Dubai's Marina area.
  • Ports - The Port of Jebel Ali in Dubai is the largest man-made port in the world, handling over 19 million TEUs (twenty-foot equivalent units) of cargo annually.
  • Dubai has also invested heavily in its telecommunications infrastructure, with high-speed internet connectivity and highly advanced digital infrastructure that supports its thriving tech sector.
  • Landmarks and Attractions - Dubai is home to some of the world's tallest buildings, including the renowned Burj Khalifa. Other iconic structures in Dubai are the Burj Al Arab and the Dubai Fountain.

Overall, Dubai's world-class infrastructure and connectivity have played a significant role in the city's success as a global business hub and tourist destination.

Demographic Statistics by Population

Dubai’s real estate market is a key beneficiary of significant investment opportunities, attracting investors and residents alike. Thus, Dubai is a preferred destination for immigrants for settlements. 

The current total population in Dubai is 3.55 million people, with only 15% comprising indigenous people and the other 85% being foreigners. Asians constitute 71% of the entire population, or about 85% of the ex-pats, with India accounting for 51%. Other Asians in Dubai come from Bangladesh (9%), the Philippines (3%), and Pakistan (17%). The city also boasts a sizable Somali population, with British expatriates making up the majority of Western expats.

Lifestyle, Home & Living

Dubai offers an opulent, pleasant, and thriving lifestyle, with notable and one-of-a-kind lifestyle and entertainment options. The emirate comprises various ethnic backgrounds, which are represented among the residents. An individual in Dubai is exposed to different cultures and dialects. With the world’s known architectural marvels and a blend of modern and traditional cultures, Dubai is an ideal city for an upgraded way of living. The localities in Dubai, such as Downtown Dubai, Jumeirah Village Circle, Dubai Marina, and Business Bay, among others, have features that stand out from the others. Dubai’s real estate has a wide selection of residential, commercial, and retail properties close to many social and recreational attractions. 

A plethora of high-end shopping malls, adventure theme parks, spice and gold souk markets, multi-cuisine restaurants, desert safari tours, and much more define the magnificence of the lifestyle of Dubai. 

Real Estate Demand & Opportunities

At the onset of 2023, Dubai witnessed upward growth with new project launches despite inflation and construction prices. The total property sale transactions in January 2023 were 9,827, a 70.3% increase compared to January 2022. In January, the Dubai property sales value saw a 55% high in apartment sales, 25% in villas, 18% in plots, and 2% in commercial properties. 

In February 2023, the total property sale transactions were 8,994, which is a 42.1% increase compared to February 2022. In February, the Dubai property sales value saw a 48% high in apartment sales, 32% in villas, 19% in plots, and 2% in commercial properties. In addition, most off-plan projects have been leased with payment plans connected to construction benchmarks, encouraging developers to finish tasks on time or early.

Post the pandemic, Dubai’s real estate market saw a sign of optimism as the top localities in Dubai witnessed an upward growth in Dubai’s rental market. Localities such as Jumeirah Village Circle and Business Bay processed the maximum property transactions of 997 and 772, respectively. 

Dubai’s robust real estate market has numerous high-end residential and commercial properties lined up for sale and rent. The government has implemented policies to encourage foreign investment, making it easier for non-residents to purchase property in the city. As a result, the real estate market is expected to continue to grow in the coming years. Overall, Dubai's infrastructure and connectivity continue to be a key factor in its success, supporting its booming real estate market and other industries.

Top Localities with Price Trends (Note: consider for Sale and Rent)

Dubai is known for its luxurious and extravagant real estate offerings, and some of its top localities have consistently performed well in terms of property values and rental yields. The sale and rent prices vary by location, property type, and assigned amenities.  

Overall, Dubai's top localities have demonstrated resilience and stability in the face of economic and market challenges and continue attracting diverse buyers and renters.

The top localities in Dubai are -   

  • Downtown Dubai :

Downtown Dubai is one of the city's most popular and prestigious areas, featuring some of the tallest buildings in the world, such as the Burj Khalifa. This area is known for its luxury residential and commercial properties, such as apartments, villas, penthouses, and world-class shopping and dining options. The area in 2022 experienced 543 sale transaction volume; in February 2023, it was 795, with an increase of 46.4% on Y-o-Y. 

  • Business Bay : 

Business Bay is a rapidly developing commercial and residential area and home to various high-rise towers, offices, and residential properties. Real estate prices in Business Bay have been stable in recent years, with a slight increase in demand for commercial properties. The area has seen a flourishing demand in sale transaction volume from 1313 in 2022 to 1897 in 2023, with an increase of 44.8% on Y-o-Y.

  • Dubai Marina :

Dubai Marina is another popular locality in Dubai, known for its luxury waterfront properties, high-end shopping and dining options, and stunning views of the marina. The locality saw a booming demand for apartments by students and professionals post the pandemic. With 1077 sales transaction volume in 2022, the numbers rose to 1433 in February 2023, with an increase of 33.1% Y-o-Y.

  • Palm Jumeirah :

Palm Jumeirah is a man-made island shaped like a Palm tree, featuring some of Dubai's most luxurious and exclusive properties, including The Atlantis. This area is known for its stunning beachfront villas, high-end resorts, and world-class amenities. According to recent reports, property prices in Palm Jumeirah have remained relatively stable, with a slight increase in rental yields. With a high demand for seaside villas, the area’s sale transaction volume in 2022 was 383, and it went up to 550 in 2023, with an increase of 43.6% Y-o-Y.

  • Jumeirah Village Circle :

Jumeirah Village Circle is a prestigious locality in Dubai known for its upscale properties, such as villas, apartments, townhouses, private beaches, and proximity to some of the city's top attractions. This area is popular among high-net-worth individuals and families looking for luxurious and spacious homes. The locality has outperformed its sale transaction volume from 868 in 2022 to 1904 in 2023, with an increase of 119.4% Y-o-Y.

Projects in Dubai : New Project Highlights

Dubai, a metropolitan emirate, continues building the most lavish residential and commercial properties, including apartment towers, luxurious villas, townhouses, and office spaces. The Dubai real estate market explores new opportunities to construct new-age and futuristic developments. Some of the new off-plan projects in Dubai are - 

  • California Village
  • Madinat Jumeirah Living
  • Emaar Beachfront
  • Sobha Marina
  • DAMAC Bay by Cavalli
  • DAMAC Heights
  • Sobha Hartland One Park Avenue
  • Sobha Creek Vistas
  • Meydan One
  • Urban Oasis
  • Golf Views
  • Rahaal
  • Burj Crown
  • The Valley
  • Tilal Al Ghaf Residences
  • Regalia
  • The Sloane
  • Murooj Al Furjan

Why Invest in Dubai’s Real Estate Market?

Dubai has emerged as one of the most attractive destinations for real estate investment in recent years. With a rapidly growing economy, a stable political environment, and a multicultural community, Dubai offers a range of opportunities for investors looking to expand their portfolios. The following reasons depict why investors should invest in real estate in Dubai -

  1. Dubai's real estate market is known for its world-class infrastructure, luxury properties, and attractive rental yields. The government has also implemented various initiatives and incentives to encourage foreign investment in the real estate sector, such as the Dubai Land Department's freehold property ownership law that allows foreigners to own property in designated areas.
  2. Additionally, Dubai has developed several mega-projects, such as the Dubai Marina and the Palm Jumeirah, which have transformed the city's skyline and attracted a large number of tourists and investors. The city is also home to several cultural and entertainment attractions, making it a desirable location for investors looking to capitalise on the growing tourism industry.
  3. Another factor that makes Dubai an attractive destination for real estate investment is the tax-free environment. Dubai has no property, income, or capital gains taxes, making it an ideal location for investors seeking to maximise their returns.

The real estate market in Dubai is growing rapidly, with new developments and projects being launched regularly. This presents a range of investment opportunities for investors. Additionally, the government has implemented measures to regulate the market and ensure its stability, which reduces the risk of investment.

Dubai's Top Real Estate Companies

Dubai is known for its booming real estate industry; numerous real estate companies have made their mark. Here are the top 10 Dubai-based real estate companies, along with their establishment year and notable projects -

  • Emaar Properties

Emaar Properties is one of the largest real estate developers in the UAE, known for developing the Burj Khalifa, the world's tallest building. Founded in 1997, Emaar Properties creates new experiences emphasising design superiority, quality construction, and on-time execution. The firm has demonstrated expertise in residential and commercial properties, shopping malls and retail, and hospitality and recreation. Some of its notable projects include the Dubai Mall and Dubai Marina.

  • Nakheel Properties

Established in 2001, Nakheel is known for developing Palm Jumeirah, one of Dubai's most iconic landmarks, and numerous other high-end residential and commercial developments, including the Deira Islands and the World Islands.

  • DAMAC Properties

Damac is a luxury property developer with a high-end residential and commercial project portfolio in Dubai, established in 2002. Some of its notable projects include DAMAC Hills, Akoya Oxygen, and DAMAC Towers by Paramount Hotels and Resorts.

  • Dubai Properties

Founded in 2002, Dubai Properties is a subsidiary of Dubai Holding, a diversified investment group for developing large-scale mixed-use projects. Dubai Properties has developed several residential and commercial projects, including Jumeirah Beach Residence and Business Bay.

  • Meraas Holding

Meraas is a Dubai-based holding company that was established in 2007. It has developed a range of high-end mixed-use projects, including the Bluewaters Island development and City Walk and The Beach at JBR.

  • Sobha Group

Founded in 1976, Sobha Group is a multinational real estate developer that has developed several residential and commercial projects in Dubai, including Sobha Hartland and Sobha Creek Vistas.

  • Dubai World Trade Centre (DWTC) 

DWTC is a Dubai World Trade Centre Authority subsidiary responsible for managing and developing commercial properties in Dubai. Established in 1979, Dubai World Trade Centre is a leading real estate developer that has developed several commercial projects, including Dubai International Convention and Exhibition Centre and Dubai International Financial Centre.

  • Union Properties 

Union Properties is UAE's leading real estate developer and property manager, with a residential, commercial, and industrial portfolio. Established in 1987, Union Properties has developed several residential and commercial projects, including MotorCity and Green Community.

  • Azizi Developments 

Azizi Developments is a leading private developer in Dubai, focusing on developing mid-market residential and commercial properties. Azizi, a privately held company founded in 2007, has effectively created and distributed thousands of properties in a number of prime locations throughout Dubai.

  • Meydan Group

Established in 2007, Meydan Group is a Dubai-based real estate company that has developed several high-profile projects, including Meydan Racecourse and The Meydan Hotel.

Frequently Asked Questions (FAQs)

How is the current real estate market in Dubai?

As per studies, the property prices in Dubai will increase by at least 10 to 15% in 2023, with some neighbourhoods set for a 46% growth.

How much does Dubai's infrastructure cost?

The Dubai Government has allocated AED 5.2 billion for infrastructure construction as part of the 2022-24 budget.

What is the population distribution of Dubai?

The current population of Dubai in 2023 is 3.55 million, which is a 1.48% increase compared to 2022. 

What is the percentage of Emiratis and other nationalities in Dubai?

In Dubai, Emiratis constitute 15% of the population, while 85% are expats from around the world.

Where is the highest ROI in Dubai?

Dubai Marina is anticipated to have high rental returns for apartments at 7.04%, while apartments in International City are expected to have the greatest return on investment under the inexpensive category at 9.22%.

Which is the cheapest area in Dubai?

International City offers affordable rental residential units compared to other localities in Dubai. 

Which is the best community in Dubai?

Dubai Marina is the best Dubai community, offering residential and commercial properties in different budget ranges. Residents benefit from top-notch amenities and facilities, including retail stores, restaurants, and more. 

What are the next big projects in Dubai?

The next big projects in Dubai are Ain Dubai, The Royal Atlantis, Dubai Hills Mall, Palm Tower, Sky Walk at the Address Sky Views, Museum of the Future, and Dubai Harbour.

Which is the posh area in Dubai?

Palm Jumeirah is one of Dubai’s most expensive and posh localities, offering luxury villas with world-class amenities and facilities.

What are the 5 advantages of real estate investing in Dubai?

The five advantages of investing in real estate in Dubai are the strategic location, tax-free environment, high-rental yields, stable political and economic environment, and growing real estate market.

Try saying any Project or Locality Name
Voice Search Popup