Dubizzle revealed Dubai's TOP areas for properties in H1 2023

The property portal, Dubizzle, revealed Dubai's TOP areas to rent and buy properties in H1 2023

Average property prices

• Apartments – from $127,000 to $1.5 million
• Villas – from $392,000 to $11 million

The most searched areas to buy:

• Affordable apartments – Jumeirah Village Circle (JVC), ROI 7.69%
• Villas – Damac Hills 2, ROI 6.47%
• Luxury apartments – Dubai Marina, ROI 7.19%
• Villas – Dubai Hills Estate, ROI 5.13%

The most searched areas to rent:

• Luxury apartments – Dubai Marina
• Villas – Al Barsha
• Affordable apartments – JVC
• Villas – Damac Hills 2 and Mirdif

The highest increase in price per m² – 15.8% – Jumeirah Lakes Towers

The developer, Deyaar, has announced its profit reached $32 million in H1 2023

This represents a 77% increase in profits compared to the same period in 2022.

Last month, the developer announced the start of sales at the residential complex, Jannat at Midtown by Deyaar