Where can you find the best value apartments and villas in Dubai? Which are the best-value neighbourhood in Dubai? If you’re asking yourself those questions, read on. Over the past year, Dubai’s retail market for apartments and villas has seen new trends, offering a change in rent in different neighbourhoods throughout Dubai.
These new trends, which include an increase in searches for villas with pools and open-space gardens, are largely due to the Covid-19 outbreak – according to reports from Property Finder.
“There is good value all over Dubai right now but it boils down to what your requirements are. Many people who are looking to move are trying to take advantage of the lower prices that are available,” said residential leasing manager for UAE’s Savills Simon Boden.
“There are major savings to be made if clients can cast their net slightly wider with one-bedroom apartments in Sports City in the region of Dhs30,000 to Dhs35,000. There is an ever-growing demand for outside garden space and new villas in Serena by Dubai Properties offer this between Dhs75,000 to Dhs80,000, with access to a community pool, too.”
The UAE’s Cavendish Maxwell added: “Several developers have slowed down project launches and have chosen to instead focus on completing existing projects, as a precautionary measure against the further spread of Covid-19.”
Fewer new launches and potential delays in handovers of existing projects may constrict supply overall, providing support to prices and rents in the upcoming quarters.”
Here are the 13 best-value neighbourhoods in Dubai this year, with recent data compiled by the UAE’s Cavendish Maxwell.
Think it’s about time for a move? Check out all you need to know about moving house and relocating in Dubai right here.