Business & Investments

Dubai’s property market continues to show remarkable resilience, with demand for both apartments and villas staying strong even during August—a month that is usually quieter for real estate activity. According to Betterhomes’ latest report, a handful of communities have emerged as clear favourites among buyers and tenants.

Top apartment communities

1. Dubai Marina – Waterfront favourite
Dubai Marina remains the city’s most in-demand apartment hub, drawing investors with high rental yields and expatriates seeking waterfront living. Its proximity to JBR, Bluewaters, and convenient metro access keep rental and sales demand consistently high.

2. Business Bay – Professionals’ magnet
Business Bay continues to attract buyers and renters, particularly young professionals working in DIFC and Downtown Dubai. One-bedroom apartments remain the most popular, boosted by ongoing project launches and its central location.

3. Jumeirah Village Circle (JVC) – Affordable, family-friendly
JVC has gained ground as a budget-friendly option for both renters and first-time buyers. Offering a mix of mid-rise apartments, townhouses, and growing retail facilities, it appeals especially to younger families looking for affordable yet spacious living.

Top villa communities

4. Arabian Ranches – Classic suburban living
A long-standing favourite, Arabian Ranches continues to attract families seeking spacious homes in green, well-planned neighbourhoods with schools and community amenities. Villas here hold long-term value, with stable demand.

5. Dubai Hills Estate – Upscale family hub
Positioned as one of the fastest-growing villa communities, Dubai Hills Estate combines modern homes, open green spaces, and a strategic location near Downtown. It is attracting investors, high-net-worth individuals, and end-users alike.

6. Jumeirah Golf Estates – Luxury lifestyle destination
Known for its world-class golf courses and premium homes, Jumeirah Golf Estates remains an aspirational address for high-income families and overseas investors. Marketed as a lifestyle destination, it blends luxury living with exclusive community appeal.

Market insights – Sales and rentals

• Sales: 17,710 property transactions were recorded in August, down 5.9% month-on-month but up 10% compared to August 2024.

• Prices: Average sales price per square foot rose by 2.1% to Dh1,932.

• Rentals: 41,504 rental transactions took place, with new move-ins accounting for 44% of activity.

• Hot spots: Jumeirah villa rents surged 4.2% to Dh539,000, while Mirdif apartment rents rose 5.5% to Dh88,000.

Key takeaways

The report highlights that investors dominated the market, representing 59% of buyers, while end-users accounted for 41%. Financing activity was strong, reflecting confidence in Dubai’s property sector as it continues to evolve into a more diverse and mature market.

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