Dubai Property Price Change by Area - July 2022

 
  • Dubai Property Price Change by Area - July 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

    Year

    Type

    Price Per sqft

    YoY %

    Vs. 2014 %

    2022

    Ready apartment

    1,433

    4.40 

    (4.60) 

    2022

    Ready commercial

    793

    2.30 

    (34.60) 

    2022

    Off-plan apartment

    1,870

    9.10 

    (27.50) 

    2022

    Ready villa

    115

    (90.40) 

     

     

     

     

     

     

     

     

     

    Downtown

    Year

    Type

    Price Per sqft

    YoY %

    Vs. 2014 %

    2022

    Ready apartment

    1,884

    11.60 

    (19.70) 

    2022

    Off-plan apartment

    2,562

    19.90 

    6.20 

    2022

    Off-plan commercial

    709

    (72.30) 

     

     

     

     

     

     

     

     

    Palm Jumeirah

    Year

    Type

    Price Per sqft

    YoY %

    Vs. 2014 %

    2022

    Ready apartment

    2,063

    61.00 

    7.90 

    2022

    Ready villa

    3,401

    89.90 

    102.20 

    2022

    Off-plan apartment

    2,926

    (28.30) 

    21.60 


     



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