How much will an apartment in Dubai cost in 2024?
| Property type | Price range |
|---|---|
| Studio | 80 000€ - 170 000€ |
| Apartment T2 / 2 rooms | 150 000€ - 500 000€ |
| Apartments with 2 or more bedrooms | from €250,000 |
The good thing about Dubai is that there are properties for all budgets. Indeed, our French-speaking real estate agency is able to offer you properties from 80 000€, but also properties from 10 000 000€.
A studio apartment will cost between €80,000 and €170,000, depending on location, surface area and services offered. The financing plan may also have an impact on the price.
For a T2 or 2-room apartment, you'll need to pay between €150,000 and €250,000 for a new apartment in a very good neighborhood, with an interest-free payment plan included in the price. T2 apartments can be found for up to €500 ,000 in Dubai's finest residences.
From 2 bedrooms, you should count at least 250 000€ to offer yourself a spacious apartment in a beautiful residence. As always, the price includes the interest-free financing plan which can allow you to pay for your apartment over several years, and sometimes even up to 10 years after the handover.
It is always possible to find cheaper, but beware of false bargains. When it looks too good, there is often a problem!
Call on one of our agents in order to benefit from a solid expertise and an accompaniment entirely in French. Our agents know the expectations and standards of European investors. Dubai Immo will only offer you programs that meet strict criteria and are proposed by real estate developers whose credibility and track record Dubai Immo has verified.
Discover our apartments for sale in Dubai.
Dubai is often seen as the epitome of luxury and modernity in the real estate world. This city, located in the heart of the United Arab Emirates, has transformed itself in just a few decades from an arid desert into a glittering global metropolis, attracting investors, expatriates and tourists from all over the world. Dubai's real estate market is unique, characterized by its dynamism, capacity for innovation and bold architectural projects.
Massive investment in infrastructure, the construction of iconic skyscrapers, luxury residences and commercial complexes have positioned Dubai as a world leader in real estate. The government has also played a key role in introducing investment-friendly policies, including allowing foreigners to acquire freehold property in certain areas. This openness has stimulated the market, with a steady influx of foreign investment.
Dubai's real estate sector is known for its luxury offerings, including apartments with stunning city or sea views, villas on man-made islands like Palm Jumeirah, and exclusive properties in neighborhoods like Emirates Hills. High-level amenities such as swimming pools, terraces, private gardens and access to private beaches are commonplace in these luxury properties, reflecting the opulent lifestyle that Dubai offers.
In Dubai's dynamic real estate market, several key factors influence apartment prices, making some properties more sought-after and therefore more expensive than others. These factors, which are crucial for any buyer or investor, include location, available infrastructure, quality of construction and services on offer.
Location: Location is undoubtedly the most decisive factor. Prestigious districts such as Jumeirah, Marina, Palm Jumeirah, Emirates Hills, Downtown Dubai, and Business Bay are highly sought-after for their proximity to the city center and their breathtaking views of city landmarks such as the Burj Khalifa or the coastline. These neighborhoods offer easy access to commercial areas, increasing property values. An apartment with a sea view in Palm Jumeirah or a view of the city skyline in Downtown Dubai will fetch a much higher price, reflecting the prestige and luxury associated with these addresses.
Infrastructure: The surrounding infrastructure also plays a crucial role. Neighborhoods well served by public transport, such as the Dubai Metro and tramway, as well as the presence of renowned international schools, first-class medical centers and shopping areas, all contribute to the attractiveness of a location. These factors guarantee not only a high level of living comfort, but also greater long-term property value.
Construction quality and services : Construction quality is another important factor. Apartments in well-designed buildings, with high-quality materials, offer a better living experience and therefore greater value. In addition, services such as 24/7 security, swimming pools, green spaces, spacious terraces and well-equipped gyms have become standards in the luxury segment. Buyers are willing to pay a premium for apartments offering not only exceptional views but also access to these luxury amenities.
AED and Luxury: In terms of prices, expressed in AED (United Arab Emirates dirham), the scale varies widely depending on these factors. Luxury real estate in Dubai, characterized by apartments with terraces offering panoramic views of the city or the sea, can fetch considerable sums, reflecting the exclusivity and high standard of living that the city offers.
In conclusion, the purchase of an apartment in Dubai is influenced by a combination of factors, mainly including location in renowned neighborhoods, the quality and services offered, and the surrounding infrastructure. These elements, combined with the prestige of living in one of the world's most dynamic and luxurious cities, determine real estate market prices in Dubai, offering a diverse range of options to meet the expectations of buyers in search of luxury and comfort.
When comparing Dubai's real estate market with those of other major global cities such as New York, London, Paris or Hong Kong, several key differences emerge. Firstly, in terms of price per square metre, Dubai often offers more luxury and space for a similar or lower investment. For example, while a luxury apartment in London or New York can cost several million dollars, in Dubai a similar amount could buy you a more spacious property or one with superior amenities, such as a private pool or sea view.
What's more, Dubai stands out for its ability to offer new and recent properties, thanks to its rapid and continuous development. Unlike cities with an ancient architectural heritage such as Paris or Rome, where new construction is limited, Dubai constantly offers new real estate projects, equipped with the latest technology and luxury standards.
Taxation is another of Dubai's competitive advantages. The city attracts international investors with its favorable tax policies, notably the absence of income and property taxes, in contrast to the heavier tax regimes in Europe or the United States.
Finally, the political and economic stability of the United Arab Emirates, combined with a first-rate security environment, reinforces Dubai's attractiveness as a real estate investment destination. While other markets may be affected by political or economic uncertainties, Dubai continues to offer a reassuring framework for investors.
