Dubai Property Price Change by Area - September 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 1,227 for ready and off-plan properties combined.

Business Bay​​

Type

Price (AED)

Vs 2014 %

YoY %

Ready apartment

1.1M

-8.70

-36.00

Ready commercial

810K

-47.60

-9.90

Off-plan apartment

1.4M

-28.50

1.50 

Off-plan commercial

3.6M

726.20 

114.00 

Ready plot

12.5M

n/a

177.60 



 

Downtown

Type

Price

Vs 2014 %

YoY %

Ready apartment

1.9M

-28.90 

-13.30 

Ready plot

100M

11.20 

11.20 

Off-plan apartment

2.9M

-11.50

16.60 


 

Palm Jumeirah

Type

Price

Vs 2014 %

YoY %

Ready apartment

2.8M

-6.70

10.40 

Ready villa

505K

-94.80

-96.80

Off-plan apartment

13.5M

459.00 

341.60 

Ready plot

86M

n/a

-83.00 


 



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