Dubai Property Price Change by Area - September 2022

 
  • 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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