Dubai Communities Index July 2024

• Al Furjan - Villas: This community saw a significant price increase of 32.72% over the last 12 months and continued growth in the last three months at 6.47%​

• Bluewaters Island: Despite high prices, this area experienced a notable price decline of -4.66% over the last month, reflecting a potential market correction​

• Downtown Dubai: This prime area showed stable growth with a 14.97% increase over the last 12 months and a recent monthly increase of 1.08%

• Dubai Investments Park - Apartments: Offers the highest average gross investment yield at 9.71%, indicating strong rental returns​

• Al Barsha - Apartments: Noted for consistent rental yield growth, with the last month showing a yield of 6.07%​

• Discovery Gardens: The community saw a 30.77% increase in average prices over the last 12 months, showcasing strong growth potential​

• Dubai Hills Estate - Villas: This area recorded a 24.37% increase in average prices over the last 12 months, indicating strong demand​

• Motor City - Apartments: Despite a slight decline in recent months, it maintains a decent average gross investment yield of 7.76%

• Jumeirah - Villas: Experienced a substantial decline in prices, with a -17.60% decrease over the last 12 months, reflecting a buyer's market​

• Dubai Silicon Oasis - Apartments: Continues to be a solid investment, offering a 8.18% average gross investment yield​

The Dubai Communities Index - July 2024 provides an in-depth analysis of the real estate market in Dubai, covering various communities across the city. The report includes:

Average Prices: Data on the average prices of properties, indicating trends and changes over different periods.

Rental Yields: Insights into the rental yields across different areas, highlighting the profitability of investments.

Top Communities: A focus on the top-performing communities in terms of price appreciation and rental yields.

Market Trends: An overview of market dynamics, including growth areas and communities experiencing price declines.

Investment Opportunities: Identification of communities offering strong returns on investment, helping investors make informed decisions.

The report serves as a valuable resource for real estate investors, property consultants, and anyone interested in understanding Dubai's real estate landscape.