Average price per square foot in Dubai: Villas and apartments

• Average Price per Square Foot in Dubai Apartments
• Average Price per Square Foot in Dubai Villa Communities
• FAQs

When buying a property in Dubai, most buyers consider the number of bedrooms, amenities, and location of the project to judge its worth. What is often ignored is the square footage. Interestingly, your definition of expensive and affordable properties may change dramatically when looking at the average per-square-foot price in Dubai.

So, how do you get the best value for your money? Coming up next is an overview of the price per square foot in Dubai 2024 for the most in-demand apartment and villa communities.

Average price per square foot in Dubai’s top apartment communities

Regardless of your property preference, the average per-square-foot price is always worth considering. Remember, this information can make your investment more profitable in the long run.

We have listed the top residential communities in Dubai and their average prices per square foot to offer a key insight into the emirate’s real estate market. Let’s start with areas that are trending for apartment sales.

JUMEIRAH VILLAGE CIRCLE (JVC)

Jumeirah Village Circle is a family-friendly neighbourhood developed by Nakheel, one of Dubai’s leading real estate developers. Located close to The Springs and Al Barsha, the area is well-connected to the rest of the city via Al Khail Road (E44) and Hessa Street (D61). Residents enjoy many perks, including quick access to schools, nurseries, hospitals, supermarkets and hotels.

Regarding the average cost per square foot, apartments for sale in JVC offer reasonably priced options with a high expected ROI.

• For apartments in JVC, the average sales price per square foot is AED 1,366.
• The good news for potential investors is that 7.40% is the expected ROI.

DUBAI MARINA

Dubai Marina is home to some of the most luxurious skyscrapers and apartment complexes. This centrally located area in Dubai has a range of residential buildings with high-end amenities. The district also ensures easy access to schools, supermarkets, public transport and parking. There are several apartments for sale in Dubai Marina that investors can consider.

• The average sales price per square foot for apartments in Dubai Marina is AED 2,102.
• The ROI stands at 5.84%.

BUSINESS BAY

Business Bay is a mixed-use locality that offers a diverse set of properties. Investors can find apartments for sale in Business Bay in different sizes and layouts. Most high-rises and complexes in the area come with top-notch amenities. From supermarkets to restaurants, residents of Business Bay can find it all in the area.

• The average sales price per square foot you would have to pay to buy an apartment in Business Bay is AED 2,315.
• The expected ROI is 5.56%.

DOWNTOWN DUBAI

Downtown Dubai is an ideal residential community home to renowned tourist attractions, including Dubai Mall and Burj Khalifa. Mostly, you will find apartments, but Downtown Dubai also has some villas. Easy access to transportation, plenty of entertainment activities and a long list of pros of living in Downtown Dubai encourage investors to buy properties in the area.

• The average sales price per square foot for apartments in Downtown Dubai is AED 3,107.
• The ROI for apartments in Downtown Dubai is 5.43%.

JUMEIRAH LAKE TOWERS (JLT)

Bordering four artificial lakes, Jumeirah Lakes Towers is a mixed-use community that has been a constant hit with singles as well as families. Based on the available amenities and projected return on investment, the real estate properties in this vicinity provide excellent value for money.

• The average sales price per square foot for flats in JLT is AED 1,702.
• The expected ROI is 6.73%.

Average price per square foot in Dubai’s top villa communities

If you prefer larger accommodation that offers privacy and exclusive amenities, consider the trending villa communities in the city.

THE SPRINGS

Next up, we look at The Springs. The quaint villa community offers a relaxed lifestyle and is perfect for anyone looking for a family home. The community has beautiful lakes, green landscaping and elegant houses. You can find as many as 4,800 houses in this Emaar development.

• The average price per square foot for villas in the Springs is AED 1,832.
• The ROI stands at 5.04%.

ARABIAN RANCHES

Arabian Ranches by Emaar is a family-family neighbourhood and one of Dubai’s top areas to buy luxury villas. The presence of the Arabian Ranches Golf Club in the community adds further value to residents’ living experiences. If you are looking for villas in Dubai, you should consider buying villas in Arabian Ranches.

• AED 1,969 is the average-price-per-square-foot you would have to pay to buy a villa in Arabian Ranches.
• The ROI is 4.31%.

DUBAI HILLS ESTATE

Spanning 11 million sq. ft., Dubai Hills Estate is another area on our list that offers excellent value for money on property sales. Home to the 18-hole Dubai Hills Golf Club and the gigantic Dubai Hills Mall, it is a relatively new community. Hence, you will find that villas here are designed as per modern tastes and preferences.

Similarly, parks, retail outlets, and entertainment centres have been opening regularly as the area has gained popularity. Another major plus is villas for sale in Dubai Hills Estate offer top amenities.

• The average price per square foot for villas in Dubai Hills Estate is AED 2,521.
• The expected ROI is 4.65%.

DAMAC HILLS 2

DAMAC Hills 2 is connected to four major highways and is set around a glorious golf course, landscaped gardens, leafy boulevards, water fountains and parks. Hence, commuting to the rest of the emirate is not a problem. Previously known as Akoya Oxygen, it is the first green community in the emirate. You can find apartments, villas and townhouses in the area.

• AED 923 is the sales price per square foot for villas in the community.
• The ROI offered by villas in the area is 6.60%.

PALM JUMEIRAH

Palm Jumeirah is a massive, man-made island resembling a palm tree. Located along the Arabian Sea coast, it comprises a central “trunk,” a curved “crescent”, and 16 “fronds.” This luxurious development offers a stunning array of villas, townhouses, apartments, and hotels, along with world-class amenities.

Villas for sale in Palm Jumeirah have the highest average price per square foot Dubai:

• AED 5,860 is the price per square foot for Palm Jumeirah villas.
• Villas in the area offer an ROI of 3.76%.

FAQS ABOUT AVERAGE PRICE PER SQUARE FOOT IN DUBAI VILLAS AND APARTMENTS

How has the price per square foot for an apartment in Dubai changed over the years?

Dubai’s soaring apartment prices are primarily due to a combination of factors: increased demand from a growing population and foreign investors, limited land availability, the city’s economic stability and the development of luxurious properties. These factors have created a competitive market where demand consistently outpaces supply, driving prices upward.

How does the average price per square foot vary in Dubai neighbourhoods like Dubai Marina?

The average price per square foot can vary significantly between different neighbourhoods in Dubai. For instance, in 2024, a studio apartment in Dubai Marina cost around AED 2,880 per square foot, while a 4-bedroom apartment in the same area has an average price per square foot of AED 2,422. Remember that these prices can fluctuate depending on the specific property type and location within the neighbourhood.

What is the average price per square foot in Dubai 2024?

The average price per sq. ft. in Dubai for apartments is as follows:

Area	Average Price PSQFT
Area Jumeirah Village Circle (JVC)	Average Price PSQFT AED 1,366
Area Dubai Marina	Average Price PSQFT AED 2,102
Area Business Bay	Average Price PSQFT AED 2,315
Area Downtown Dubai	Average Price PSQFT AED 3,107
Area Jumeirah Lake Towers (JLT)	Average Price PSQFT AED 1,702

Similarly, here’s the price per square foot in Dubai 2024 for villas:

Area	Average Price PSQFT
Area The Springs	Average Price PSQFT AED 1,832
Area Arabian Ranches	Average Price PSQFT AED 1,969
Area Dubai Hills Estate	Average Price PSQFT AED 2,521
Area DAMAC Hills 2	Average Price PSQFT AED 923
Area Palm Jumeirah	Average Price PSQFT AED 5,860

Which are the most popular areas for families to live in Dubai?

Dubai has plenty of areas that feature family-friendly amenities. Whether you’re looking for apartments or villas, our guide on Dubai’s popular areas for families can help you decide.

Which are the most popular pet-friendly areas in Dubai?

Want to move to an area which welcomes your furry friend? Check out our list of Dubai’s most popular pet-friendly communities to start your search.

Is buying a villa in Dubai a good idea?

Lucrative ROI offered by villas for sale in Dubai is one factor that makes them a favourite among local and international investors. You can consider the top areas for investment in Dubai whether you want a family home or plan to rent the place out after purchase.

That concludes our post on the average per sq. ft. prices in Dubai’s top communities. Selecting a place to live requires extensive research, and there are multiple factors to consider. However, comparing average prices per square foot between different properties can give you a good idea about the value of the money you will be spending. So, look beyond the big number, i.e. sales prices and make a well-informed decision.