Growing residential prices and rents in Dubai and the Gulf Real Estate Awards 2022

Growing residential prices and rents in Dubai and the Gulf Real Estate Awards 2022

  • News
  • Which areas have the highest real estate prices and the Gulf Real Estate Awards 2022 ceremony

Residential prices and rents in Dubai are growing at the fastest rate since early 2015, according to global commercial real estate services, CBRE.

In January 2022, average prices stood at: Apartments – $3,180 per sqm Villas – $3,700 per sqm The highest average sales prices were recorded in areas: Apartments – Downtown Dubai ($5,736 per sqm) Villas – Palm Jumeirah ($7,900 per sqm) Average rents (per year): Apartments – $20,800 Villas – $62,700 The highest average annual rents were recorded in areas: Apartments – Downtown Dubai ($41,000) Villas – Al Barari ($217,000)

The Sustainable City (Dubai) and its sister development, Sharjah Sustainable City, have both won 4 gold awards at the Gulf Real Estate Awards 2022.

Awards were received in categories: Sustainable City in Dubai

  • Customer Happiness
  • Service Experience Initiative

Sharjah Sustainable City

  • Best Real Estate Project
  • Sustainable Green Development

Sources: Gulf News, Trade Arabia

Telegram channel
Expert Real Estate Insights

Discover the insider knowledge of Dubai real estate from our agents: expert analysis and in-depth information on the city and its property market.

Ax Talk
Ax Talk

Listen to podcasts from our real estate agents and stay up to date on the Dubai property market: latest news, expert advice, and more.

all podcasts
Catalogs
Catalogs

Find your dream home in Dubai with our curated selection of real estate properties, chosen to suit a range of lifestyles and budgets. Explore our catalogs and start your search today.

All catalogs
AX Blog
AX Blog

Stay up to date on the latest trends and developments in the Dubai real estate market with our informative articles. With insights and advice from industry experts, our blog is a valuable resource for anyone interested in the Dubai property market.

All articles
Prompt consultation

Fill form below and our agent will contact you shortly

Or contact us right now via WhatsApp