Understanding Dubai’s Real Estate Market
Dubai is globally recognized for two main destinations: Downtown and Palm Jumeirah. Initially, iconic communities like Dubai Marina, Emirates Hills, and Arabian Ranches were developed. These areas saw significant growth, driven by developers like EMAAR and Nakheel. Nakheel, in particular, faced financial challenges with debts around 4.5 billion AED, but after merging with Dubai Holdings, the situation stabilized.
n some cases, prices have gone up to 6,000 AED per square foot. The surge in prices
In 2025, Downtown is trading at around 3,000 to 3,500 AED per square foot, while Palm Jumeirah and Dubai Marina are at approximately 3,000 AED per square foot. Iwas influenced by developments like Blue Water Island and EMAAR Beachfront, where prices reached 5,000 AED per square foot. Miras, another strong developer, entered the market with CityWalk, which saw two-bedroom units selling for around 4 million AED.



