Dubai new development prices by area

Why similar apartments have different prices

In Dubai, price comes down to three factors: distance from the sea, how established the area is, and the developer's name. The first creates the widest variation: a water view adds more to the price per square metre than an extra bedroom. The second explains why an apartment in an area with schools, a park and metro costs more than the same apartment in a district where cranes are still at work. The third is clear on resale: properties by major developers tend to be easier to resell.

What to factor in besides the price

The apartment price is subject to a 4% Land Department fee, registration fees and an annual service charge for building maintenance. The UAE has no annual property tax or tax on rental income.

The payment plan matters more than the discount. A project where 70% is paid on handover requires less cash upfront than one with a 5% discount and payments tied to the construction schedule.