Average Apartment Price in Dubai 2026

2026-08-23

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Average Apartment Price in Dubai 2026

The median transaction price for a Dubai apartment was AED 1.183 million in Q2 2026, working out to AED 1,714 per square foot, based on Dubai Land Department (DLD) transaction data. That median has stayed essentially flat year-on-year (0% change in AED/ft²), even though apartment sales fell 22% and total transaction value dropped 32% over the same period — fewer deals closed, but per-square-foot pricing held.

That citywide figure hides a wide range: from roughly AED 1,300/ft² in Jumeirah Village Circle (JVC) to over AED 3,000/ft² in Downtown Dubai and Palm Jumeirah. The right number for you depends on bedroom count, area, and whether the unit is ready or off-plan — covered below, along with buying costs and market direction.

What Is the Average Apartment Price in Dubai?

The median is more useful than a blended average here, since it isn't skewed by a handful of ultra-luxury sales.

  • Median apartment transaction price (Q2 2026): AED 1.183 million

  • Median apartment price per sq ft (Q2 2026): AED 1,714, flat YoY

  • Based on 31,895 apartment transactions worth AED 56.55 billion

Splitting primary (developer) from resale activity: the primary market median was AED 1,750/ft², versus AED 1,548/ft² for resale, with the primary market making up around 75% of transactions in this comparison. Off-plan is not automatically cheaper in the current cycle — more on this below.

Dubai Apartment Prices at a Glance (Q2 2026)

Metric

Latest Figure

Median apartment transaction price

AED 1.183M

Median apartment price per sq ft

AED 1,714

Apartment transactions

31,895

Apartment transaction value

AED 56.55B

YoY change in transactions

-22%

YoY change in median AED/ft²

0%

A July 2026 reading shows the gap between segments clearly: title-deed (ready) apartments averaged AED 1,617,720 across 2,657 sales, while Oqood (off-plan) apartments averaged AED 1,355,898 across 8,657 sales. These shouldn't be blended into one "Dubai average" — they're different segments with very different volumes.

Apartment Prices by Bedroom Type

Bedroom count is the fastest way to narrow a budget. The ranges below reflect asking and transaction prices across major communities (Marina, JVC, Business Bay, Downtown, Dubai Hills) rather than one fixed citywide figure — sizes and finishes vary too much between buildings for a single average to be reliable.

Apartment Type

Typical Price Range

Typical Size

Approx. Price/Sq Ft

Studio

AED 450,000 – 850,000

350–500 sq ft

AED 1,100 – 1,600

1 Bedroom

AED 850,000 – 1.8 million

650–950 sq ft

AED 1,200 – 2,000

2 Bedrooms

AED 1.4M – 3 million

1,000–1,500 sq ft

AED 1,200 – 2,100

3 Bedrooms

AED 2.2M – 4.5 million+

1,500–2,200 sq ft

AED 1,300 – 2,300

Studios concentrate in JVC, Dubai Sports City, and Arjan (JVC studios trade near a median AED 1,470/ft² on a ready basis). One-bedroom units are the most liquid segment overall — in Dubai Marina they've ranged roughly AED 1.6M–3.6M depending on floor and view, while comparable JVC units sit well under AED 1M. Two-bedroom pricing shows the widest area spread, from under AED 1M in JVC to AED 2.5M–5.5M in premium Marina towers. Three-bedroom units are concentrated in family communities like Dubai Hills Estate and typically carry a per-square-foot premium over smaller layouts in the same building.

Apartment Prices in Dubai by Area

Area

Price (AED/ft²)

Typical Range

Positioning

Downtown Dubai

~3,000+

AED 1.3M – 8M+

Premium

Dubai Marina

~2,000 – 2,200

AED 900K – 5.5M

Premium

Business Bay

~2,500 – 2,700

AED 900K – 3.5M

Upper-mid/Premium

Palm Jumeirah

~2,500 – 3,200

AED 2M – 20M+

Luxury

Dubai Hills Estate

~1,400 – 2,500

AED 1.1M – 4M

Upper-mid/Premium

Jumeirah Village Circle

~1,300 – 1,500

AED 500K – 1.6M

Affordable/Mid-market

Jumeirah Lake Towers

~1,700 – 1,800

AED 800K – 2.5M

Mid/Upper-mid

Dubai South

Below citywide median

AED 500K – 1.2M

Emerging

Rashid Yachts & Marina

Set per new launch

Project-dependent

Waterfront/Premium

Downtown Dubai and Palm Jumeirah sit at the top of the market — Downtown on its Burj Khalifa/Dubai Mall address and limited new supply, Palm Jumeirah on scarce beachfront land and branded residences. Dubai Marina and Business Bay follow as premium-to-upper-mid districts, with Business Bay posting some of the strongest recent price growth on the back of central-location demand. Dubai Hills Estate is family-oriented, with pricing varying up to 40% between sub-communities. JVC is the city's highest-volume, most affordable freehold community, while JLT sits a tier above it with more established infrastructure. Dubai South remains one of the more affordable zones as its infrastructure matures, and Rashid Yachts & Marina is a newer waterfront district still being priced launch-by-launch rather than through resale history.

Explore apartments for sale in Downtown Dubai

What Apartment Can You Buy for Your Budget?

Figures are indicative and availability at any price point isn't guaranteed.

  • Under AED 750,000: a studio or compact one-bedroom in JVC, Dubai South, or Dubai Sports City, mostly ready or near-completion.

  • Around AED 1 million: a larger one-bedroom or compact two-bedroom in JVC/Dubai South, or a smaller unit in Business Bay, often off-plan.

  • Around AED 1.5 million: genuine two-bedrooms in JVC or Dubai Hills Estate, one-bedrooms in Marina or Business Bay, or off-plan units closer to Downtown.

  • AED 2 million and above: two- to three-bedroom apartments in Marina, Business Bay, or Dubai Hills, and entry-level units in Downtown or on Palm Jumeirah.

[Browse current apartments for sale in Dubai] filtered by area, bedrooms, and completion status once you have a working budget.

Ready vs Off-Plan Apartment Prices

Off-plan isn't automatically cheaper. In Q2 2026, the primary market median (AED 1,750/ft²) actually ran above the resale median (AED 1,548/ft²). Price gaps between the two segments in any given area typically come down to location within the community, developer track record, launch phase, payment plan structure, expected handover date, and the age/condition of comparable ready stock. Compare specific units like-for-like rather than assuming either segment is the discount option.

Dubai Apartment Prices in USD, GBP, EUR and INR

Based on the Q2 2026 median transaction price of AED 1.183 million:

Currency

Approximate Equivalent

AED

1,183,000

USD

~322,000

GBP

~253,000

EUR

~296,000

INR

~2.85 crore

Conversions are approximate and may shift with exchange rates.

How Have Prices Changed, and What's the Outlook?

From Q2 2026: median price per sq ft was flat YoY (AED 1,714), while transaction volume fell 22% and transaction value fell 32%, and the median ticket size dropped 8% to AED 1.183M. Together, this points to a cooling in activity without a matching drop in per-square-foot pricing — a pattern some market commentary links to a shift toward smaller, more affordable units, though that's an interpretation rather than a confirmed cause.

On supply: an estimated 74,100 homes were expected to complete across Dubai in 2026, with a larger pipeline of roughly 160,700 units for 2027. More handovers typically pressure pricing in the communities receiving the most new supply, while land-constrained areas like Downtown and Palm Jumeirah tend to be more insulated. We don't have a specific, sourced forecast percentage for citywide apartment prices through 2027 worth citing here — performance is increasingly community-specific rather than moving as one block.

Additional Buying Costs

Beyond the purchase price, budget for:

  • DLD registration fee: 4% of the sale-contract value (confirmed rate; split between buyer/seller can vary by agreement)

  • Mortgage registration fee: 0.25% of the mortgage value, if financing

  • Agency commission, valuation costs (if financing), NOC fee where applicable, trustee/admin charges, and annual service charges after ownership

On a AED 1,000,000 apartment, the DLD fee alone is AED 40,000. Confirm current agency, trustee, and lender fees with your agent before totaling a final buying cost.

Are Dubai Apartment Prices High? Is It a Good Investment?

It depends which part of the city you compare. At AED 1,714/ft² citywide, Dubai sits well below Downtown or Palm Jumeirah (AED 2,500–3,000+) but above JVC (AED 1,300–1,500) and Dubai South. Dubai's appeal for investors rests on no personal income or capital gains tax, freehold ownership in designated zones, and rental demand from its expat population — mid-market areas like JVC and JLT have been cited at roughly 6–9% gross yields, versus lower single-digit yields in premium addresses positioned more for capital appreciation. Returns aren't guaranteed and depend on holding period, service charges, and whether you buy ready or off-plan.

Contact Imtilak Global to Find the Right Apartment

Apartment prices in Dubai vary significantly by area, bedroom count, project, and completion status, which makes comparing real available units more useful than relying on citywide averages alone. Imtilak Global can help you identify suitable ready and off-plan apartments based on your budget, preferred location, number of bedrooms, and payment plan.

Whether you are considering Downtown Dubai, Dubai Marina, Business Bay, JVC, Dubai Hills Estate, or another area, contact Imtilak Global to compare current options and receive recommendations that match your purchase or investment goals.