Real estate in Dubai
In the city of Dubai, the property market is all the rage, and not for nothing. The capital of the United Arab Emirates offers a wide choice of properties and prices for investors and homeowners who decide to enter the sector.
Real estate projects on a colossal scale, a government that supports the market and a city that appeals to luxury enthusiasts: Dubai real estate has everything in place to thrive in the property business. In this article, we tell you everything you need to know about the property market in the UAE's most sought-after city.
The property market in Dubai
City of luxury, most expensive city in the world, city of influencers, Dubai is known for its large-scale constructions, immense skyscrapers and artificial islands. This excess is made possible by the government's extraordinary support for the construction market.
When the Dubai government develops real estate
In Dubai, builders never seem to sleep. The city even has the highest percentage of construction cranes in the world! But the more property there is available, the more selling prices fall. The government knows this, and that's the heart of its project. The United Arab Emirates is seeking to attract new investors through more affordable prices.
At the same time, a programme has been created to encourage expatriates to come and stay in Dubai. This permanent residency programme, also known as the "Golden Card", enables foreign investors to obtain a visa based on the amount invested in Dubai.
Long-term tourism and short-term rentals have also been facilitated by the creation of five-year tourist visas. And it's working. Dubai attracts as many tourists as property investors, because flats, villas and buildings here are unlike anywhere else.
Titanic real estate projects that attract
Dubai is now recognised as the city of all possibilities. Its projects, each more impressive than the last, have enough to conquer the hearts of property developers. A second Atlantis Resort is under construction, the world's tallest Ferris wheel (250 metres high) will open for Expo 2020, a covered shopping mall with an indoor ski slope, the 300 private islands of The World, the Dubai Creek project with the world's tallest tower...
Bref, l’immobilier à Dubaï n’est pas prêt de s’arrêter.
Car tous ces incroyables projets attirent de plus en plus de touristes et de nouveaux habitants. Pour les influenceurs, les stars et les publics riches adaptent du luxe, Dubaï est une des destinations de rêve les plus prisées. Appartements dans des tours immenses, duplex dans des immeubles futuristes, maisons privatives au bord de l’eau, villas à acheter ou louer dans les plus beaux quartiers de la ville : les résidents ont le choix.
Les quartiers les plus prisés de Dubai
Pour les acheteurs et les locataires, le quartier qui arrive en tête est probablement celui de la Marina de Dubaï. Un quartier très animé, où l’on peut faire des croisières, se restaurer, se baigner, essayer la plus grande tyrolienne du monde ou faire du shopping.
Le second quartier est celui d’Al Barsha, plus résidentiel, avec de grands terrains et des villas à couper le souffle. La Business Bay, le quartier des affaires. It is therefore worth investing in real estate in these districts.
A property construction market driven by 4 companies
The capital of the United Arab Emirates is now recognised as the city of all possibilities. Its projects, each more impressive than the last, have enough to win the hearts of property developers.
A second Atlantis Resort is under construction, the world's tallest Ferris wheel (250 metres high) will open for Expo 2020, a covered shopping mall with an indoor ski slope, the 300 private islands of The World, the Dubai Creek project with the world's tallest tower...
There's no end in sight for real estate in Dubai. All these incredible projects are attracting more and more tourists and new residents. For influencers, celebrities and the wealthy luxury crowd, Dubai is one of the most sought-after dream destinations.
Flats in huge towers, duplexes in futuristic buildings, private homes on the waterfront, villas to buy or rent in the city's most beautiful districts: residents have the choice.
What prices can you expect when investing in Dubai?
In this city in the United Arab Emirates, prices vary depending on the neighbourhood, the building, special facilities, etc. However, since the health crisis, Dubai's housing market has also been affected. Since 2021, the property market has tended to stabilise, but prices are still very high.