Dubai Property Market Trends 03 2024

Dubai Property Market Trends 03 2024

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  • Dubai Property Market Trends 03 2024

Property Rent and ROI in Dubai from July to September 2024

– According to the portal, Bayut.

Maximum rent prices increase, compared to Q2 2024:

Affordable 

Apartments – rose by 28%

Villas – rose by 10%

Mid-tier

Apartments – rose by 12%

Villas – rose by 42%

Luxury

Apartments – rose by 9%

Villas – rose by 15%

Most Popular Areas

Affordable

Apartments – Deira and International City

Villas – DAMAC Hills 2 и Mirdif

Mid-tier

Apartments – JVC and Bur Dubai

Villas – JLT and Al Furjan

Luxury

Apartments – Dubai Marina and Business Bay

Villas – Dubai Hills Estate and Al Barsha

Areas with the Highest ROI

Affordable

Apartments – Dubai Investments Park (DIP), Discovery Gardens, and Liwan (9%–11%)

Villas – DAMAC Hills 2, International City, and Serena (over 6%)

Mid-tier

Apartments – Dubai Sports City, Dubai Silicon Oasis, and Town Square (over 8.6%)

Villas – JVC and Dubai Sports City (6%–9%)

Luxury

Apartments – Al Sufouh, DAMAC Hills, and World Trade Centre (7%–9%)

Villas – Al Barari, Tilal Al Ghaf, and Jumeirah Golf Estates (~6%)

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