1 Bedroom Apartment For Sale in Dubai

Economic stability, no property tax, and a thriving tourism industry make Dubai the best place in the world to invest in real estate. A one-bedroom apartment in any area of the emirate will easily find a tenant, with an average rental yield of 5-8% annually.

A typical one-bedroom apartment in Dubai is an apartment in a residential complex with a pool, panoramic views, well-designed infrastructure, and high-level services for community residents. The layout may vary depending on the project, but it usually consists of a spacious bathroom, a large bedroom, a roomy wardrobe, a balcony, and a bright living room combined with the kitchen, featuring high ceilings and excellent sound insulation.

What is the average 1 bed apartment sale price/sqft in Dubai?

The price of a one-bedroom apartment in Dubai starts from approximately 300,000 dollars. As expected, the most expensive units are in designer towers and along the coastline with private beaches and yacht docks. Buying apartments directly from the developer during the off-plan phase is much cheaper per square feet compared to completed buildings.

Over the last 10 years, property prices in the emirate have increased by 1.5 times. The demand consistently surpasses supply, which is reflected in the prices. According to the Real Estate department's data, the cost per square feet of a one-bedroom apartment in 2023 is around 3,200 dollars.

In which areas of Dubai will the investment return for a one-bedroom apartment be high?

Dubai attracts a massive flow of tourists and expatriates working in the country on contracts all year round. Therefore, there are no problems finding tenants, and selling properties is also straightforward, with transactions being quickly processed. Additionally, property and rental income taxes in the emirate are nonexistent.

The highest rental yields for one-bedroom apartments in Dubai are in the Downtown, Business Bay, Dubai Marina, Creek Harbour, and Palm Jumeirah areas, reaching around 8%. In some clusters, the ROI can go even higher, up to 10% in residential neighborhoods within walking distance of business and tourist centers. However, prices for properties in such areas are naturally the highest, especially for designer apartments. For example, a 839-square-feet apartment with 1 bathroom in Cavalli Tower, Dubai Marina, costs from $4,420,000 / AED 16,221,400, while a similar-sized property in Madinat Jumeirah Living in the Asayel complex can be purchased for $504,087 / AED 1,850,000.