Dubai real estate continues to boom with a return on investment estimated up to 11.18%, affordable areas are thriving and witnessing an increase in prices with a region hitting AED38.15M as average price for villas.

Golden Visa, tax benefits, investor friendly initiatives and financial transparency drive Dubai’s real estate market, positioning it as a prime real estate location.

The top areas are identified for apartment and villa sales with ROI. Dubai Hills Estate emerged as prime location for luxury villas, averaging price at AED17.16M. Business Bay is popular for luxury apartments, averaging at AED2.18M. Muhammad Bin Rashid gave highest returns on investment at 5.56% for villas ad Dubai Creek harbour gave impressive returns of 6.2% for apartments in Q3 2024.

Damac Hills 2 emerged as an affordable villa at AED1.91M while JVC remained as a top choice with average sales of AED1.61 and offered 8.35% return on villas while Dubai Investment Park (DIP) offered ROI of 11.18%.

Top Apartments in Dubai

Business Bay with an average price of AED2.18M and ROI of 5.76% , Dubai Marina at an average price of AED2.56M with an increase of 2.79% per sq ft and Downtown Dubai with an average sale price of AED3.89M, emerged as top destinations for luxury apartments due to its prime location and easy access to the city attractions.

Top Villas in Dubai

High-end communities including Dubai Hills Estate, Palm Jumeirah and Damac Hills gained the most attention from buyers in Q3 2024. Dubai Hills Estate topped with ROI of 4.5%, Palm Jumeirah with 4.25% and Damac Hills with 5.48% ROI.

Mohammad Bin Rashid City, Jumeirah Park increased per sq ft by 3.79% and 5.9% respectively. While Damac Hills 2 offered affordable villas with an average price of AED1.91M and ROI of 7.16%