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- Dubizzle, revealed Dubai's TOP areas to rent and buy 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
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