Average Price per Square Foot in Dubai: Latest Market Data (2026)

Average Price per Square Foot in Dubai Apartment Communities

Let’s begin with the average price per square foot in Dubai’s most popular communities. In a property market as diverse as Dubai's, average prices can vary significantly by community, making it a crucial metric for buyers trying to understand what areas could be most suitable for them.

Let’s take a look at the average house price in Dubai per square foot in some popular areas, based on the latest Property Monitor data.

Dubai Marina

Dubai Marina is one of Dubai's most popular waterfront communities, known for its thriving atmosphere and plentiful amenities.

The average price per square foot in Dubai Marina is AED AED 2,061/sq.ft.

Business Bay 

Business Bay is a mixed-use district offering high-rise apartments and office towers, with strong rental demand driven by its proximity to Downtown Dubai DIFC and Sheikh Zayed Road.

The average price per square foot in Dubai’s Business Bay is AED 2,673/sq.ft.

Downtown Dubai

Dubai’s flagship prime district, home to Burj Khalifa and Dubai Mall, characterised by luxury apartments, premium pricing and strong end-user and investor demand.

The average price per square foot in Downtown Dubai is AED 2,980/sq.ft.

Jumeirah Village Circle

Jumeirah Village Circle is a mid-market residential community known for relatively affordable apartments, strong rental yields and ongoing new development activity.

The average price per square foot in Jumeirah Village Circle is AED 1,448/sq.ft.

Other Popular Apartment Communities

Average Price per Square Foot in Villa & Townhouse Communities

While apartments dominate transaction volumes in Dubai, villa and townhouse communities are also very popular. The average price per square foot in Dubai’s villa districts is typically influenced by plot size, privacy, community maturity and supply constraints.

Average Price per Square Foot by Property Type

You will find several types of properties in Dubai’s real estate market, ranging from apartments and villas to studios and penthouses. Here is a snapshot of the average house price in Dubai per square foot, depending on the property.

The figures below are averages that were recorded as of February 2026:

• Apartments: AED 2,006/sq.ft.

• Townhouses: AED 1,397/sq.ft.

• Villas: AED 2,277/sq.ft.

Historical Trends in Dubai’s Price per Square Foot

Dubai’s property market has grown rapidly over the past few years, with significant growth in both transaction volumes and average prices since 2020.

The Property Monitor Dynamic Price Index (DPI) tracks trends of residential property prices in 42 key communities in Dubai. This index shows that there has been historic volatility in Dubai's price per square foot over the last 20 years, driven by a variety of factors, including the global financial crisis, Dubai's successful hosting of the Expo 2020 and the pandemic.

Most recently, Dubai's property market has undergone a period of growth from 2020, when the average price square foot begun the year at AED 872/sq.ft., to today, when the average price per square foot is AED 1,667 (as of February 2026). That's a 91% increase over the six year period.

Factors Influencing Price Per Square Foot in Dubai

Several factors influence the average price per square foot in Dubai, and understanding them helps buyers interpret pricing beyond headline figures.

• Location: Proximity to major landmarks, beachfront positioning, school districts, transport links and whether the area is freehold or leasehold significantly impact price levels.

• Market demand: Strong buyer and investor demand drives up prices per square foot across high-performing communities. In contrast, oversupply in specific micro-markets may moderate pricing.

• Developer reputation: The developer's credibility, track record, and financial strength can influence buyer confidence and, in turn, the price per square foot. Branded or premium developers typically command higher rates.

• Infrastructure and amenities: Communities with retail, schools, healthcare facilities, parks and lifestyle amenities generally achieve higher average prices per square foot in Dubai.

• Property condition and age: Well-maintained properties often trade at stronger price points, even if they are several years old. Renovation quality and building management standards also play a role.

Understanding these drivers ensures buyers compare properties on a like-for-like basis rather than relying solely on a single metric.

What to Consider Beyond Price Per Square Foot

While the average price per square foot in Dubai is an important benchmark for homebuyers and investors, it should not be the sole decision-making factor. Several additional considerations determine overall value.

• Rental rates and yield potential: Investors should evaluate expected rental income relative to purchase price, particularly in areas with strong tenant demand.

• Capital appreciation prospects: Historical performance and future infrastructure plans can influence long-term value growth.

• Amenities within the community: Access to schools, retail, leisure facilities and transport links should align with your lifestyle or target tenant profile.

• Property condition and additional costs: Renovation requirements, annual maintenance and service charges can materially impact net returns. Buyers should review the RERA service charge index before committing.

• Liquidity and resale demand: Some communities experience stronger resale absorption than others. Market depth matters when planning an exit strategy.

Evaluating these factors alongside the average house price in Dubai per square foot provides a more accurate picture of value.

Final Thoughts on Understanding Dubai Property Prices

Understanding property prices in a market as diverse and ever-changing as Dubai requires more than reviewing headline numbers. The average price per square foot in Dubai varies significantly by location, property type and market cycle.

For first-time buyers and international investors, interpreting these figures without local context can be challenging. Working with experienced real estate advisors ensures access to accurate transaction data, community-level insights and professional guidance aligned with your goals.

Engel & Völkers has over 45 years of global real estate expertise and a strong presence in Dubai’s residential and commercial markets. With a team of dedicated advisors, we provide data-driven insights and tailored support to help you navigate Dubai’s evolving property landscape with confidence.

If you would like personalised guidance based on the latest market data, speak with an Engel & Völkers advisor today.