Dubai Property Price Change by Area - August 2022

 
  • Dubai Property Price Change by Area - August 2022


    The average (all types)  property price per square foot has fully recovered from the Covid 19-related downturn in 2020 and is now up to AED 1,175, and is soon projected to surpass the all-time high of AED 1,200 in 2016.

    Price Change By Area

    Business Bay

    Type

    Price

    Vs 2014 %

    YoY %

    Ready apartment

    1.2M

    -2%

    -16.5%

    Ready commercial

    852K

    -47%

    5%

    Off-plan apartment

    1.3M

    -27%

    12%

    Off-plan commercial

    2.5M

    223%

    -30%

    Ready plot

    110M

    n/a

    78% 

     

     

     

     

     

     

     

     

    Downtown Dubai

    Type

    Price

    Vs 2014 %

    YoY %

    Ready apartment

    2M

    7% 

    20.5% 

    Ready commercial

    6M

    54% 

    -14%

    Ready plot

    124M

    107%

    27%  

    Off-plan apartment

    3M

    -5%

    30%

    Off-plan commercial

    2.5M

    n/a

    -19% 

     

     

     

     

     

     

     

    Palm Jumeirah

    Type

    Price

    Vs 2014 %

    YoY %

    Ready apartment

    1.8M

    -13%

    27% 

    Ready plot

    12M

    -85%

    -81%

    Ready villa

    12M

    8.20 

    47%

    Off-plan apartment

    9.6M

    %668

    625%

    Ready commercial

    15M

    n/a

    168%

     



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