United Arab Emirates: House Prices, Rents, and Rental Yields
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Last Updated: Sep 30, 2009
Prices, rents down in Dubai
| Last Updated: Sep. 30, 2009 | |||||
| DUBAI - Apartments | COST ($) | YIELD (p.a.) | PRICE/SQ.M. ($) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 60 sq. m. | 348,300 | 1,453 | 5.01% | 5,805 | 24.22 |
| 120 sq. m. | 626,880 | 2,807 | 5.37% | 5,224 | 23.39 |
| 175 sq. m. | 798,175 | 3,827 | 5.75% | 4,561 | 21.87 |
| 250 sq. m. | 938,500 | 5,895 | 7.54% | 3,754 | 23.58 |
| 375 sq. m. | 1,339,125 | n.a. | n.a. | 3,571 | n.a. |
| Districts researched: Downtown District : Downtown Burj Dubai Marina Emirates Living District : Dubai Marina, Emirates Living, Discovery Gardens, Jumeirah Lake Towers Palm Jumeirah: The Palm, Jumeirah Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
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Prices are falling, rents are falling, and the difference between this year and last year in Dubai is marked. But considering the amazing rise in prices between 2005 and 2007, the wonder is that prices have not fallen further, because while prices are well down on last year, they are not yet back at 2007 levels.
Another surprise: Prices and rents seem to have fallen at about the same rate. We find that Dubai apartment gross rental yields range between 5% and 7.5%, which is quite similar to last year, the difference being that larger properties surprisingly yield the most now.


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