Dubai real estate market continues to experience significant growth, with both rental and sale prices rising steadily across the city since the post-pandemic recovery.
For those considering buying or renting in Dubai, Property Finder has recently published its latest data on the average prices for one-bedroom properties in various key neighborhoods.
The data, compiled from listings on Property Finder over the past three months, provides insights into whether these properties are primarily villas or apartments.
Affordable Rental Areas in Dubai
According to the data, some of the most budget-friendly areas for renting a one-bedroom apartment in Dubai are Jebel Ali, with an average annual rent of AED 58,000, followed by Deira at AED 61,500, Dubai Silicon Oasis at AED 61,999, and Town Square at AED 65,000.
In contrast, renting in some of Dubai’s more sought-after neighborhoods comes at a higher cost. A one-bedroom in Jumeirah Village Circle (JVC) averages AED 75,000 per year, AED 90,000 in The Greens, AED 110,000 in Dubai Marina, and AED 130,000 in Downtown Dubai.
The priciest locations for renting a one-bedroom flat include Bluewaters, DIFC, and Umm Suqeim. In Arabian Ranches and The Springs, where properties typically start at two bedrooms, the average annual rent is around AED 175,000.
Dubai Real Estate: Purchasing Property in Dubai
For those looking to buy, one-bedroom properties are most affordable in Dubai Silicon Oasis, Town Square, Al Barsha, Motor City, and Jebel Ali, with average prices below AED 1 million.
In more prestigious areas, such as Dubai Marina, the average price for a one-bedroom apartment is approximately AED 1,650,000. In Dubai Hills Estate, the average price is around AED 1,550,000, while in Downtown Dubai, a one-bedroom apartment typically sells for AED 2,250,000.
In areas like Arabian Ranches and The Springs, where the minimum property size is two bedrooms, the average price for a two-bedroom villa is AED 2.9 million and AED 3.15 million, respectively.
