Dubai real estate market — prices, rental yield and trend
- Average price: $7,244 / m²
- Gross rental yield: 5.53%
- 12-month price change (USD): 6.1%
- Price basis: local-market average
Residential property in Dubai averages $7,244 per square metre, +6.1% in dollar terms over the last twelve months. That makes it the 8th most expensive of the 70 markets in the set.
What a buyer pays in Dubai
The $7,244 figure is a local-market average across all residential property types: a flat in a prime district sits well above it, an older unit on the edge of the market well below. Against the United Arab Emirates national average of $5,760, Dubai carries a 25.8% premium — the gap between this market and the country as a whole. Among the other United Arab Emirates markets we track, Abu Dhabi at $4,826 is 50.1% cheaper, and Ras Al Khaimah at $7,116 is level with it.
What it earns
Long-term letting returns about 5.5% gross on the purchase price, 36th of 69 markets by gross yield. Short-term letting is a different business with different costs, but for reference the short-let yield here works out at about 9.5%, on an average daily rate of $135 and 70% occupancy.
How this figure is built
The price figure for Dubai comes from the source we judge most reliable for this market. It was last refreshed on 2026-07-23. We rate our confidence in this market’s data high: the underlying series is official and current. We recompute every market the same way, which is what lets Dubai be compared with a country average or another city.
Sources: GPG yields · globalpropertyguide.com · numbeo.com · airbtics.com. Snapshot: 2026-07-23.
Latest Dubai market analysis
- Dubai Home Prices Slipped Below Last Year's Level in August, a First Since 2021 — 2026-09-08
- Dubai Added 5,184 Branded Residence Units in Six Months While Sales Value Halved — 2026-09-08
- Business Bay Overtook Palm Jumeirah in Dubai Prime Deals as August Sales Fell 37% — 2026-09-07
- Abu Dhabi Property Transactions Reached AED 155bn in Eight Months, Past All of 2025 — 2026-09-05
- Ras Al Khaimah Rents Rose Up to 8% in the First Half of 2026 Before Stalling in Q2 — 2026-09-05
- Abu Dhabi Completes Its First Off-Plan Mortgage Registration Under Adrec's New Framework — 2026-09-05
- Dubai Logged 148,564 Property Deals Worth AED 523.44 Billion in Eight Months — 2026-09-04
- Dubai Mortgage Rates Stop Following the Fed as UAE Banks Absorb the Moves — 2026-09-02
- Dubai and Abu Dhabi Apartment Prices Both Fell 3% in the Second Quarter — 2026-08-31
- Dubai Faces 55,600 Home Completions in 2026, the Most Since 2008, While New Launches Collapse — 2026-08-22
- Al Hudayriyat Island Took 27% of Abu Dhabi's Home Sales in the First Half of 2026 — 2026-08-22
- Abu Dhabi Beat Its Full-Year 2025 Home Sales by Mid-August — 2026-08-14
Related markets: Abu Dhabi · Ras Al Khaimah · United Arab Emirates