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.
Business Bay
Year
Type
Price Per sqft
YoY %
Vs. 2014 %
2022
Ready apartment
1,433
4.40
(4.60)
Ready commercial
793
2.30
(34.60)
Off-plan apartment
1,870
9.10
(27.50)
Ready villa
115
(90.40)
Downtown
1,884
11.60
(19.70)
2,562
19.90
6.20
Off-plan commercial
709
(72.30)
Palm Jumeirah
2,063
61.00
7.90
3,401
89.90
102.20
2,926
(28.30)
21.60
Get your weekly Newsletter from fäm properties about the latest news in the industry
Thanks for your interest. One of our representatives will contact you soon on your contact number or email.