>>What is the Minimum Amount Required to Buy a Property in Dubai?

What is the Minimum Amount Required to Buy a Property in Dubai?

Aug 15, 2024

If you think you need to be a millionaire to become a real estate investor in Dubai, you’re wrong!

Dubai's property prices are much lower than in many other big cities around the world. On average, freehold residential properties in Dubai, cost about 380 USD per square foot or 4000 USD per square meter.

Average price for Buying 1-bedroom apartments In Dubai in 2024

This year, the average price for a 1-bedroom apartment in Dubai has been under AED 1.2 million, or roughly 328,000 USD.

Average Price for Buying Property in an Affordable Places

In Downtown Dubai, home to the Burj Khalifa or The Dubai Mall, the average price of 1-bedroom apartments over the past seven months has been AED 1.9 million, or 520,000 USD. That's AED 2300 per square foot, or less than 6800 USD per square meter.

Dubai's real estate market offers a wide range of prices. You can buy a 1-bedroom apartment for as low as AED 380,000 in International City, around AED 900,000 in Jumeirah Village Circle, AED 1.5 million in Dubai Marina, AED 1.9 million in Downtown Dubai, AED 7 million in One Zabeel, or AED 12 million in Bvlgari Residences.

Locations	Number of Bedrooms	Average Price(AED)
Downtown Dubai	1-bedroom	AED 1,900,000
International City	1-bedroom	AED 380,000
Dubai Marina	1-bedroom	AED 1,500,000
Jumeirah Village	1-bedroom	AED 900,000
One Zabeel	1-bedroom	AED 7,000,000
Bvlgari Residences	1-bedroom	AED 12,000,000

Buying property with Down Payment in Dubai

Many off-plan projects currently under construction offer flexible payment plans spread over 3 to 4 years, usually requiring only a 10% down payment and 20% to 25% payment per year.

If you’re ready to start your real estate investment journey in Dubai, please contact us today to find your perfect property!

Homeland services for buying property with a small investment

At Homeland Realty Real Estate, we specialize in helping investors find the perfect property, even with a modest budget. Whether you're looking to invest in an affordable area like International City or aiming for something mid-range in Jumeirah Village Circle, our team will guide you through the entire process. We offer access to exclusive off-plan projects with flexible payment plans, allowing you to start your investment with just a 10% down payment. Let Homeland Realty Real Estate help you turn your small investment into a profitable venture in Dubai’s dynamic real estate market.

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