Apartments

Townhouses

Villas

Penthouses

Studios

All off-plan projects

Communities

Developers

Best areas to buy property in Dubai in 2023

Сontent

The Dubai real estate market is becoming more and more attractive for investments every year. This applies to both residential and commercial properties. The city, in addition to being a tourist center, also has great potential in the field of trade and financial activities, which ensures a constant demand for residential and non-residential facilities. 

It is also worth mentioning that Dubai is a unique and truly multicultural city, so every person from anywhere in the world will not feel like a stranger here and will find their cozy nest depending on their tastes and needs.

So, if you’re thinking of buying a property here either for living or investing, this article will definitely be of help. In this guide, we have covered the best areas where you can buy real estate property in Dubai in 2023

Dubai’s top districts and projects in 2023

Make yourself comfortable, we begin! Here is our list of top areas and projects to buy property in Dubai in 2023.

Palm Jumeirah

Palm Jumeirah is considered a gem in the heart of the city that offers 360-degree views of the spectacular crystal blue waters of the Arabian Gulf and the skyline of the city.

Palm Jumeirah is an artificial island that belongs to the Palm Islands archipelago which also includes Palm Jebel Ali and Palm Deira that are under development.

The area of the island is equivalent to 600 football fields. When completed in 2011, Palm Jumeirah has become home to numerous five-star beach hotels, apartments, and villas that can now accommodate 60,000 residents. It has also five beach resorts and four marinas.

We would like to bring your attention to the following projects located on Palm Jumeirah:

Ellington Beach House 

It is a boutique 7-storey residential building consisting of 1-3 bedroom apartments and penthouses with panoramic views of the Arabian Gulf and the Dubai skyline. 

Handover Q2 - 2023
Minimum cost - 1 300 000 USD

Ocean House

The stylish 9-storey residential complex was created in partnership with one of the best architectural agencies in the world - London-based Northacre and elite developer SOL Properties. It offers a collection of elegant duplexes from 2 to 6 bedrooms and three exclusive penthouses with 5 and 6 bedrooms.

Handover Q1 - 2026
Minimum cost - 2 600 000 USD

Terrace view Orla Project in Dubai

Orla 

This project is a stunning and elite 13-storey residential complex with 2 bedroom apartments, 3 and 4 bedroom simplex and duplex apartments, as well as 3 sky palaces and 2 mansions.
Handover Q4 - 2026
Minimum cost - 6 100 000 USD

Dubai Marina

Dubai Marina is one of the most beautiful, prestigious, and developed areas in Dubai. This is also one of the most popular and attractive for investment districts in the city. Dubai Marina consists of 10 micro districts, including the most popular Jumeirah Beach Residence community.

Stunning views on the Marina, kilometers of promenades with numerous shops, restaurants, and cafes, the Dubai Marina Mall, developed infrastructure with metro and tram stations, nightlife, and a lot of activities for every taste…you will find it all in Dubai Marina.

Below are two projects that we find worth considering in this area.

A view of the front entrance of Sea Heaven at Dubai Marine.

Sea Heaven 

This project by renowned developer Sobha Realty will consist of three asymmetric towers with a common podium. The architecture of the complex is very futuristic and is inspired by yachts and sails. The property will be located in one of the most promising areas of Dubai Marina - Dubai Harbor. The building will consist of 67 floors and will be one of the tallest in Dubai Harbor.

Handover Q4 - 2026
Minimum cost - 891 000 USD

View of Liv Lux in Dubai from the balcony of the neighboring building

Liv Lux

This project developed by LIV Developers represents an ultra luxurious 47-storey tower with an unsurpassed level of world-class hotel service. This waterfront property offers a wide range of 1-2 bedroom apartments and residences with 2-4 bedrooms for comfortable living and profitable investing.

Handover Q4 - 2026
Minimum cost - 504 000 USD

An aerial view of DAMAC Bay by Cavalli in Dubai

DAMAC Bay by Cavalli 

DAMAС Bay by Cavalli is an exclusive beachfront project, the result of fruitful cooperation between the respectable developer Damaс and the world-famous Cavalli brand. The residential complex consists of 3 ultra-modern towers located in the vibrant Dubai Harbour. Residents are offered an unrivaled combination of luxury and comfort, from trendy interiors by Cavalli to direct access to the beach.

Handover - 2026
Minimum cost - 789 000 USD

Bluewaters 

Bluewaters Island is a new grandiose project developed by Meraas for EXPO-2020. The creators of this community managed to make it a stunning combination of tranquility, comfortable urban environment, and exclusivity.

The island has a great location near Dubai Marina and excellent transport accessibility. Some of its attractions are a stunning 300 meter long pedestrian bridge connecting the island with the coast of Jumeirah Beach Residence, a variety of restaurants and shops, and of course the Dubai Eye, the world’s largest observation wheel.

The world-class retail, hospitality, entertainment, and residential areas make this place one of the best communities to live in. Have a look at one of the projects located in this area.

An aerial view of Bluewaters Bay building in Dubai

Bluewaters Bay 

Bluewaters Bay by Meraas is a residential complex that consists of 2 buildings and is located between Bluewaters Island and JBR. It offers luxury apartments and penthouses with exclusive amenities and views of the Arabian Gulf and the skyline of the city.

Handover Q3 - 2027
Minimum cost - 697 000 USD

JLT 

JLT is an area of green parks and lakes. It is built around 4 lakes, which formed the basis of its name. This is a great area to live in, as there are plenty of bike paths, parks, pedestrian areas, as well as shops and restaurants. 

JLT is a vibrant self-sufficient community which is located along Sheikh Zayed road and has 2 metro stations next to it.

Have a look at the projects below. They may become a valuable investment.

An aerial view of MBL Royal building in Dubai

MBL Royal 

MBL Royal is a 42-storey luxury residential complex by MAG in the heart of the new Dubai — Jumeirah Lake Towers (JLT). This stunning waterfront property offers 1, 2, and 3 bedroom spacious apartments, an easy access to Sheikh Zayed Road, unique activities, and incredible amenities. Buying an apartment in MBL Royal brings a perfect balance of work and leisure.

Handover Q4 - 2024
Minimum cost - 399 000 USD

View from Ellington's Upper House balcony over Dubai

Upper House by Ellington 

Upper House by Ellington Properties is a premium residential complex located in the prestigious JLT area with great social, transport, and entertainment infrastructure, surrounded by picturesque lakes and golf courses. The new 31-storey buildings offer comfortable studios and apartments with 1-3 bedrooms ranging from 37 sq. m to 204 sq. m. with magnificent finishes, world-class amenities, and breathtaking views of the picturesque natural landscapes and Dubai Marina.

Handover Q1 - 2026
Minimum cost - 204 442 USD

See from Golf Views building balcony over Dubai

Golf Views

Golf Views was previously called Seven City. It was launched back in 2018. The complex developed by Seven Tides consists of two interconnected 27-storey towers. The Golf Views complex is a self-sufficient residential community with its own mall, shops, and restaurants.

Handover Q3 - 2023
Minimum cost - 207 000 USD

Hartland 

Hartland is located in the northeastern part of MBR City on a beautiful waterfront in the heart of Dubai, surrounded by parks and landscaped areas. Its great location near the Ras Al Khor nature reserve makes it ideal for walking and finding the right work and life balance. 

At the same time, the infrastructure is very well developed and can offer everything for a comfortable life, study and recreation. There are many shopping centers, business offices, fitness centers, retail outlets and dining places. 

Here are some of the most sought-after properties in that area:

View of The Highbury by Ellington Properties outdoor rooftop pool

Highbury 

The Highbury by Ellington Properties is a luxury residential complex consisting of two 29-story skyscrapers connected by a common podium. It offers studios and apartments with 1-3 bedrooms, duplexes, and an exclusive 4-bedroom penthouse with views of Burj Khalifa, Ras al Khor and the crystal lagoon.

Handover Q4 - 2025
Minimum cost - 408 000 USD

View of the waterfront Waves Opulence residential complex in Hartland, Dubai

Waves Opulence 

Waves Opulence is a beachfront residential complex developed by Sobha Realty in Hartland, MBR City. It offers luxurious 1-4 bedroom apartments with world-class amenities and facilities. This building together with the Waves and Waves Grande forms the Waves Trilogy big project.

Handover Q4 - 2025
Minimum cost - 422 000 USD

The front entrance to the Creek Vistas Grande building in Dubai

Creek Vistas Grande 

This is also the third building belonging to a trilogy along with Sobha Creek Vistas и Creek Vistas Reserve towers. It offers premium-class apartments with stunning views of Burj Khalifa and Downtown Dubai.

Handover Q3 - 2025
Minimum cost - 368 000 USD

MBR City

Mohammed Bin Rashid, known as MBR City, is one of the largest mixed-use developments in Dubai which dates back to 2012. Its concept is "city within a city" with world-class entertainment facilities.

MBR City is named after the Vice President and Prime Minister of the UAE and the current Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum.

The project envisages the connection to 2 international airports, the construction of  hospitals, schools, hotels, sports centers, and the world's largest swimming pool. The territory will be covered with parks and golf courses. 

We would like you to pay attention to the following two projects being developed in this area:

View of Riviera by Azizi in Dubai's Meydan neighborhood

Azizi Riviera 

Riviera by Azizi is a large-scale development located in the Meydan area of Mohammed Bin Rashid City, on the banks of Dubai Canal. The project includes residential and commercial buildings, a huge shopping and entertainment complex, sports facilities, fountains, promenades and much more! It is called an analogue of the French Riviera in the Persian Gulf. Choose from affordable and cozy studios and one- to three-bedroom apartments. 

Handover 2023
Minimum cost - 270 000 USD

View of the lagoon with beaches at Opal Gardens in Dubai

Opal Gardens

Opal Gardens is Meydan Group's new gated community offering townhouses, semi-detached 4-bedroom villas, and detached luxury 4-6 bedroom villas set around a crystal lagoon with white sand beaches. The community will be self-sufficient and will have a large number of green gardens, beautiful parks, and public areas with restaurants, shops, and recreation facilities.

Handover Q3 - 2026
Minimum cost - 1 140 000 USD

FAQ

Is it worth buying property in Dubai?

  • Yes, buying property in Dubai opens many opportunities. 
  • The city’s real estate market is controlled by large and reliable developers with a long-term reputation that is trustworthy. 
  • Residential facilities are mostly rented out on a turnkey basis, which allows foreign investors to conclude a deal to buy a home and immediately move into it, or rent out a property without leaving their country of residence. 
  • Eligibility to get a residence visa for 3 or 5 years with subsequent prolongation for as long as you own the property.
  • High rental yields (Up to 6% ROI for villas and up to 7.5% for apartments).
  • Zero tax burden on buying and renting.

All this, coupled with a high standard of living, makes Dubai a city where real estate investment will be one of the best long-term financial investments.

What is the best area to live in Dubai?

Dubai is very diverse, and everyone will find a place in the city to their liking. You can live in the very center of the city in a high-rise apartment building, in a villa on the picturesque coast, or settle in the remote areas surrounded by greenery.

Downtown Dubai

If you like to feel yourself in the center of events and live in the rhythm of a metropolis, then Downtown Dubai will satisfy your wildest desires and ambitions. Downtown Dubai can definitely be called not only the center of the city, but also the most luxurious and dynamic center of attraction in the entire Middle East. Here are the best brand stores from around the world. 

Moreover, the area is simply immersed in sights. The architecture of the district is designed in such a way that you can choose not only a luxurious penthouse in a high-rise skyscraper, but also apartments in the old city, where an oriental fairytale will surround you at every step. 

It will seem that you live outside the city, away from the hustle and bustle, but only five minutes on foot and you are back in the center of a dynamic metropolis.

Dubai Marina

The area is suitable for those who do not want to give up a dynamic life and at the same time prefer a beach holiday. The magnificent promenade is full of restaurants, cafes and entertainment for every taste. This is a favorite tourist place, so life is always in full swing here and it can be quite crowded. 

This area always has an increased demand for residential real estate, which makes it a very liquid and valuable asset for investors.

Is 2023 a good time to buy property in Dubai?

Dubai has been and remains at the top of the ranking of the safest and most economically stable cities in the world, which fuels the demand for residential real estate and has a significant impact on attracting investment in commercial real estate. 

Many market experts predict increased demand for real estate in 2023 as well. 2022 was a record year for the city in terms of the number of transactions and showed a steady recovery in demand in the real estate market since the covid-19 pandemic. 

The tourism associated with the World Cup has also had a positive impact on the short-term rental market, not only in the hotel sector, but also in the mid-to-high-end residential real estate sector. 

Absolutely transparent and affordable installment programs allow customers to purchase real estate with minimal investment.

Which area is best for expats in Dubai?

Depending on your preferences, family composition and the purpose of your stay in the city, you can conclude which area for living is best for you. 

Dubai Marina or Downtown Dubai are good for young couples and those who want to be in the very center of vibrant atmosphere, night life, and entertainment.

Families with children will be comfortable in Dubai Hills, Emirates Hills, Damac Hills, Jumeirah Village Circle (JVC), and Dubai Sports City. These districts offer a variety of apartments, townhouses, and villas and have all the necessary facilities and amenities for kids.

Business people may find it nice to live and work in Jumeirah Lake Towers, Business Bay, Dubai Internet City, and Dubai Media City as these districts provide a great work and life balance.

In each of these areas there are many expats and you will feel like you are in a vibrant multicultural environment and a full-fledged multinational community of people from all over the world.

How long can you stay in Dubai if you own a property?

You can stay in Dubai as long as you own real estate in the city. When you buy a property here, you become eligible for a 3, 5 or 10 year residence visa depending on the property price. This visa can be renewed for as long as you own your house, apartment, or any other real estate.

Is it better to rent or buy a house in Dubai?

It all depends on what goal you are pursuing, what you plan to do and how long you plan to stay in the city. 

If you want to spend your holidays there or come for a short winter from a colder climate, then it is better to rent a property. 

If you want to spend more than just a vacation in Dubai and plan to travel more often, then it is better to buy a property. 

And finally, if you want to get a stable rental income, you can buy a property and rent it out for a long time. 

Moreover, it is possible to offer a compromise option - to rent the property on a short-term basis, and in your free time spend your holidays or vacations there.

Read also

Can a foreigner buy property in Dubai?

Top 10 communities for families to live in Dubai