In 2021, Dubai real estate sellers made $41 billion. This amount exceeds the annual budget of some small countries, such as Estonia or Latvia. Naturally, you can find all types of real estate in such a large-scale market, from compact apartments to luxury mansions.
According to Bayut & dubizzle, the most popular areas for buying budget apartments in Dubai in 2021 were Jumeirah Village Circle, Jumeirah Lake Towers, and Dubai Silicon Oasis. The latter is the most affordable, prices for apartments in Dubai Silicon Oasis start at $121,000. Another affordable district is Arjan, located near Motor city: the starting price of the studio here is $118,000.
The most popular areas for buying higher–class apartments are Dubai Marina, Palm Jumeirah, Downtown Dubai, and Business Bay. The attention is now on the Dubai Creek Harbour area, where a new community is developing with an unsurpassed view of the Burj Khalifa and access to a private beach.