Dubai’s Most Popular Apartment Types and Where to Find Them
Are you looking for a new home in Dubai, or thinking of investing in the city’s booming real estate market? If so, you might be wondering what kind of apartment is best for you, and which areas offer the most value and convenience. Well, you’re in luck, because we have done the research for you and compiled the latest data on the most popular apartment types and locations in Dubai. Read on to find out more!
One-Bedroom Apartments: The King of the Market
According to an industry study by Colife Invest, a global real estate consultancy and short-term rental services, one-bedroom apartments are the most popular properties with buyers in the Dubai market, accounting for 47 percent of off-plan sales and 43 percent in the ready-to-move segment in 2023. This is not surprising, considering that one-bedroom apartments offer the perfect balance of space, comfort, and affordability for singles, couples, and young professionals.
One-bedroom apartments are also ideal for investors who want to earn rental income from their properties, as they are in high demand among tenants who seek convenience and privacy.
Two-Bedroom Apartments and Studios: A Close Second
If you need more space for your family, or want to share your home with a friend or a roommate, you might prefer a two-bedroom apartment. These are the second most popular properties segment, with two-bedroom houses being preferred for own use and studios for investment purposes by buyers.
Two-bedroom apartments accounted for 28 percent of total transactions in the ready-to-move category and 25 percent in the off-plan transactions, while studios’ sales stood at 18 percent of off-plan transactions and 15 percent of transactions in the ready category till November end of this year.
Two-bedroom apartments offer more room and flexibility for your lifestyle, while studios are great for those who want to enjoy the benefits of living in Dubai without breaking the bank.
Top Picks: Dubai’s Real Estate Hotspots
Now that you know what kind of apartment you want, you might be wondering where to find it.
- Jumeirah Village Circle (JVC)
- Dubai Marina
- Business Bay
- Jumeirah Lake Towers (JLT)
- Dubai Creek
- Dubai Hills
These areas are equally popular for both primary and secondary residential real estate sales, and for good reasons. They offer a variety of amenities, facilities, and attractions that make living in Dubai a dream come true. Here are some of the highlights of each area:
- JVC: A family-friendly community with a mix of villas, townhouses, and apartments, JVC is known for its green spaces, parks, and jogging trails. It is also close to major highways and landmarks, such as the Expo 2020 site, Al Maktoum International Airport, and Dubai Sports City. One-bedroom apartment averages $200,272 in JVC, making it one of the most affordable areas in Dubai.
- Dubai Marina: A waterfront neighborhood with a cosmopolitan vibe, Dubai Marina is home to some of the most luxurious and iconic towers in the city, such as the Cayan Tower, the Princess Tower, and the Marina 101. It also boasts of unparalleled infrastructure, abundant public transportation, numerous restaurants, amusements, and proximity to the sea. Dubai Marina is more expensive than other areas, but worth every penny. One-bedroom apartment averages $499,800 in Dubai Marina.
- Business Bay: A central business district with a skyline that rivals that of Manhattan, Business Bay is the place to be for professionals and entrepreneurs who want to be close to the action. It also offers a range of residential options, from high-rise apartments to low-rise villas, along the Dubai Water Canal. Business Bay is also a hub for entertainment and leisure, with attractions such as the Dubai Mall, the Burj Khalifa, and the Dubai Opera nearby. One-bedroom apartment averages $299,800 in Business Bay.
- JLT: A vibrant community with a free zone DMCC – and accordingly lots of offices – expansive green parks, direct access to the lakes from each building, and the convenience of easily crossing the road to reach the most attractive Dubai Marina. JLT is loved for its infrastructure, diversity, and affordability. Apartments in JLT are also more budget-friendly than those in Dubai Marina, while still offering a similar lifestyle. One-bedroom apartment averages $249,800 in JLT.
- Dubai Creek: A historic and cultural area that is undergoing a massive transformation, Dubai Creek is set to become the new heart of Dubai. It will feature the Dubai Creek Tower, the world’s tallest structure, as well as the Dubai Creek Harbour, a mega-development that will include residential, commercial, retail, and leisure components. Dubai Creek is also rich in heritage and nature, with attractions such as the Al Fahidi Historical District, the Dubai Museum, and the Ras Al Khor Wildlife Sanctuary. One-bedroom apartment averages $381,500 in Dubai Creek, the study said.
- Dubai Hills: A master-planned community that is part of the larger Mohammed Bin Rashid City, Dubai Hills is a green oasis in the desert. It features the Dubai Hills Golf Club, the Dubai Hills Park, the Dubai Hills Mall, and the King’s College Hospital, among other amenities. Dubai Hills is also well-connected to the rest of the city, with easy access to the Al Khail Road and the Umm Suqeim Street. One-bedroom apartment averages $312,800 in Dubai Hills, the study said.
Conclusion
As you can see, Dubai offers a variety of apartment types and locations to suit your needs and preferences. Whether you are looking for a one-bedroom apartment, a two-bedroom apartment, or a studio, and whether you want to live in JVC, Dubai Marina, Business Bay, JLT, Dubai Creek, or Dubai Hills, Viewit can help you find your dream home or investment property in Dubai.
Viewit is a property portal designed around video listings. This is even better if you’re based out of Dubai and would like to see a realistic view of the property.
Search for listings in different hotspots and areas in Dubai and contact the agent directly! Try it out.
Subscribe to our newsletter to stay up to date about the A to Zs of Dubai!