Oct 4, 2024
Looking at the general scene of the real estate market in Dubai, eyes cannot miss the competition towards perfection crystallizing in the market due to the developer’s pursuit towards the top of the industry pyramid. buying apartment in dubai has become the age trend of investment, as the steady increase in this market’s stocks knows no diversion except to go up and promise ever-increasing revenues. So, still on the verge of wondering is buying property in Dubai a good investment according to the budget you can afford? Well, then this blog is just for you.
What is affordability exactly? In the general sense, it would mean something as inexpensive as it could be available to everyone. However, when it comes to Dubai’s real estate, there might be some details to touch upon before deciding on what to be considered affordable.
Many factors contribute to determining the average rate of affordability in the Dubai real estate market. First and foremost, it is Dubai; the metropolitan that has become the dream of tourists, and investors, and the sought-after destination for rich people around the world. Thus, buying property in Dubai that is affordable has its special criteria. These include the developer of the project, location, amenities, services, and proximity to globally well-known landmarks. As many boxes as a project ticks, its revenues will soar higher, and, accordingly, its prices.
Dubai real estate has brought the world masterclass of developers that now carry their names as a badge announcing to the world the high quality and competitive prices they offer. Damac Properties, Samana Developers, Binghatti, Danube, Sol Properties, ZāZEN Properties, and Iman Developers are but few to name when an investor is searching for affordable investments. Although some of these developers are in the line of ultra-luxury projects, they compromised a way to offer their luxury at more average prices.
Looking at the monthly sales summary, we will find that buying apartment in dubai last month was dominated by projects with prices averaging around AED 500,000. Indeed, with a flux of new coming residents, the segment of people searching for owning their property instead of renting is increasing. Whether for investing in real estate in Dubai or for living, this search created a viral trend in demand for average-priced properties, leading the developers to reconsider what they can offer of their premium quality, yet with affordable prices.
Many developers tend to align their luxury production line with an affordable one. Here, we will be mentioning some of these developers and their projects.
On top of last month’s sales statistics, Elo 3 in Damac Hills 2 features one of the highly demanded projects. Nestled within the lush greenery of the Trump Golf Course, Damac Elo 3 offers you a selection of 1 and 2-bedroom apartments exuding opulence and serenity. Not only so, but the project is strategically located to keep you at proximity to arterial roads leading you everywhere in Dubai. Providing a wide array of amenities, starting with the golf course, sports facilities, beach access, famous retail, and dining outlets, the project promises you all these privileges with prices starting only at AED 580,000. Coming in the form of an off-plan project, the sizes of the apartments range between 525 to1078 Sq. ft. Also, it facilitates the process of paying, as it grants you the chance of long-term instalments toward its handover in June 2027.
The Payment Plan of Damac Elo 3
Coming second on the top ranking of last month’s sales statistics, Elo in Damac Hills 2 is pretty much the predecessor of Damac Elo, being reimplemented due to the great success it has achieved. Due to the ever-increasing high demand, apartment projects at Damac Hills are becoming a trendy investment for all average capital investors. With a starting price at AED 546,000, you will expect to meet the same top-notch homes, amenities, services, and views just like Damac Elo, as well as the same handover date in June 2027, and with the same payment plan adopted by Damac Properties.
The Payment Plan of Damac Elo
Located at Motor City, Sobha Orbis Tower E is one of the best projects in Dubai’s real estate market. The project comprises 3 grandly connected towers where each of them features G+34 floors, with 19 units housed on each floor. The designs of this project exude luxury, and being situated at Motor City, the residents will enjoy a vital area that holds some of the internationally prestigious occasions. Besides, its proximity to Mohammed bin Zayed Road and Al Qudra Road makes it a highly sought-after development, as it provides an easy access toward most of Dubai’s landmarks. Now your question might be “is buying property in Dubai a good investment?”
Affordable Or Luxurious?
As we have mentioned above, there is proportionality of affordability when buying apartment in dubai. In this instance, although the starting price for Sobha Orbis Tower E is AED 965,070 for the 1, 1.5, and 2-bedroom apartments it offers, yet it is considered an average price when looking at the location, the amenities it provides, as well as the quality and service package the developer is known for.
While handover expectancy is in December 2027, one more encouraging detail about this project is its payment plan. With down payment at 20% paid on the booking date, the instalments of the property go as follows:
Instalment Payment (%) Milestone
Down Payment 20% On Booking Date
1st Instalment 10% Within 6 months from booking date
2nd Instalment 10% Within 12 months from booking date
3rd Instalment 10% Within 18 months from booking date
4th Instalment 10% Within 24 months from booking date
5th Instalment 10% Within 30 months from booking date
6th Instalment 10% Within 36 months from booking date
Final Instalment 20% On Completion
Starting From AED 1.93 million, you might be reading the number again now, wondering why I included this project in the list! Well, I did not; the official website Dubai Interact did, as it came 4th on its monthly report of best-selling projects. But does that make it, by definition, affordable? It certainly does not, but here is what does the job. Expected to be delivered in February 2029, Address Residences is a project developed by the globally recognized Emaar Properties along whose name comes top-notch designs, amenities, facilities, and services.
The Price Reconsidered
Located at Dubai Hills Estate, which has become synonymous with Dubai’s green heart, the project lies across Al Khail Road, placing it only minutes away from Dubai Downtown, Burj Khalifa, Dubai Mall, and more of the premium landmarks. Also, while you have an easy access to all these places, you can simply walk to Dubai Hills Mall, a chip off Dubai Mall, developed by Emaar, and provides the same level of luxurious experiences. With area sizes ranging between 752 to 1,533 Sq. Ft., you may get this elevation of dreams for 20% down payment, and Emaar’s regular payment plan:
Instalment Payment (%) Milestone
Down Payment 10% On Booking Date
1st Instalment 10% Within 2 months from booking date
2nd Instalment 10% Within 7 months from booking date
3rd Instalment 10% Within 12 months from booking date
4th Instalment 10% Within 18 months from booking date (10% Construction Completion)
5th Instalment 5% Within 24 months from booking date (20% Construction Completion)
6th Instalment 10% Within 31 months from booking date (40% Construction Completion)
7th Instalment 5% Within 38 months from booking date (60% Construction Completion)
8th Instalment 10% Within 44 months from booking date (80% Construction Completion)
Final Instalment 20% On Handover
A 23-floor high rise residential tower, One Park Central by Iman comes the fifth in last month's Dubai real estate list. Located at Jumeirah Village Circle, the thriving community in Dubai, this project offers just the perfect chance for those searching either for investing in real estate in Dubai or settling down. Featuring 482 residential apartments, 38 commercial units, and 6 retail spaces, the developer made sure to bring the world to the residents’ doorstep. The area sizes range between 356 up to 3,845 Sq. Ft. for studios, 1, 2, 3, and 4-bedroom apartments, duplex apartments, and penthouses, and is expected to be handed over in quarter 2 of 2027.
Payment Plan
Just like the other projects provided here, this project also comes up with flexible instalments to be covered throughout the construction period as follows:
Instalments Payment (%) Milestones
Down Payment 20% On Booking Date
1st Instalment 10% Within 90 days from booking date
2nd Instalment 10% On 20% Construction Completion
3rd Instalment 10% On 40% Construction Completion
4th Instalment 10% On 60% Construction Completion
Final Instalment 40% On Handover
Dubai real estate market is riding the waves of prosperous achievements; thus, it invites all aspirants to come have a taste of this lucrative feast.
Still wondering is Dubai real estate a good investment? Well, contact us now at Mada Properties to discuss the itinerary of your investment journey together. Also, make sure to be always up to date with the latest projects in Dubai by visiting our website "Mada Properties" and exploring the new real estate projects in UAE and Saudi Arabia.
FAQ
Q1: Is Dubai real estate a good investment?
Definitely it is, as you have a lot of choices, with high quality, yet various price offers and payment plan.
Q2: Is it a good time for buying property in Dubai?
Buying property in Dubai is a good decision any time because this market never stops thriving, and that has always been proved by numbers.
Q3: Are there flexible instalment plans for the properties in Dubai real estate market?
Yes, all the developers in Dubai offer easy payment plans.
Q4: What is the average price of properties for low to mid income households in Dubai?
The average price of these properties ranges around AED 500,000.
In real estate, knowledge is everything.Our blog offers timely insights on real estate investment in Dubai, market analysis, legal updates, and tips to guide your property journey.
April 6, 2025
The UAE Ministry of Finance has introduced new corporate tax regulations under Cabinet Decision No. 35 of 2025, replacing the previous Cabinet Decision No. 56 of 2023.
These updates clarify when foreign (non-resident) investors in Qualifying Investment Funds (QIFs) and Real Estate Investment Trusts (REITs) are considered to have a taxable nexus in the UAE.
The changes aim to enhance the UAE’s investment appeal, reduce compliance burdens, and align with global tax standards. This guide covers everything investors need to know about the new UAE tax rules, including exemptions, deadlines, and key implications.
Tax Nexus for Non-Resident Investors in QIFs and REITs
Under the new rules, a foreign juridical investor will have a taxable presence in the UAE under specific conditions.
For Qualifying Investment Funds (QIFs)
If a QIF exceeds the 10% real estate asset threshold, a tax nexus arises on:
A tax nexus is triggered in the same tax period where the QIF fails to meet ownership diversity rules.
A non-resident investor in a REIT will have a taxable link if:
If a foreign investor only holds QIF/REIT shares and meets conditions, they will not be considered a taxable entity in the UAE.
Explore More: How to Buy Property in Dubai from the USA
Alongside Cabinet Decision No. 34 of 2025, the UAE introduced tax benefits for QIFs and Qualifying Limited Partnerships to attract global capital.
Tax exemption applies if the fund meets:
If a QIF exceeds the 10% real estate limit, only 80% of real estate income is taxed (matching REIT rules).
Non-resident investors in REITs/QIFs only need to register for corporate tax on dividend distribution dates (reducing paperwork).
Some partnerships can now obtain pass-through tax status, aligning with international tax best practices.
Explore More: How to Buy Apartment in Dubai from Developer
The reforms reinforce the UAE's position as a top investment destination by:
Invest Now: New properties for sale in Dubai
Only if they invest in a QIF/REIT that breaches the 10% real estate limit or fails ownership diversity rules.
Yes, if they meet the real estate (10%) and ownership conditions.
Investors face a tax nexus from the acquisition date (unless corrected within 9 months).
No immediate changes—only new breaches trigger taxation.
The 2025 UAE tax updates provide greater clarity, incentives, and ease of compliance for foreign investors in QIFs and REITs. By reducing tax burdens and aligning with global standards, the UAE continues to attract international capital and cement its status as a leading financial center.
April 3, 2025
Eid Al Adha, the "Festival of Sacrifice," is one of the most important Islamic holidays in the UAE. In 2025, Arafat Day is expected to fall on Sunday, June 15, followed by Eid Al Adha from Monday, June 16, to Wednesday, June 18. These dates correspond to Dhul Hijjah 9–12 in the Islamic calendar.
The UAE government will confirm the exact dates closer to the event based on the moon-sighting committee’s announcement.
Eid Al Adha commemorates Prophet Ibrahim’s willingness to sacrifice his son in obedience to God, who then provided a ram instead. The holiday involves:
No—the expected dates (June 15–18) fall from Sunday to Wednesday, meaning:
✅ 4 consecutive days off for most employees.
✅ No weekend overlap, so no lost holidays.
✅ Potential for extended leave if companies add extra days.
Many UAE platforms like Dubai Municipality, Al Mawashi, and Emirates Red Crescent allow online Qurbani bookings.
Most UAE schools will likely close from June 15–18, aligning with the public holiday. Some may extend breaks if Eid overlaps with term dates.
Expected from June 16–18, subject to moon sighting.
Likely 4 days (Sunday–Wednesday) for both public & private sectors.
Yes, but book flights & hotels early—prices rise closer to Eid.
For Muslims who can afford it, yes. Licensed butchers must perform it.
Eid Al Adha 2025 in the UAE is expected to bring a 4-day break (June 15–18), perfect for family time, travel, or staycations. Since dates depend on moon sightings, final confirmation will come in June. Start planning early to make the most of this festive season!
March 25, 2025
The UAE Central Bank (CBUAE) has launched the new 100 dirham note, a polymer-based currency with advanced security features, marking a significant step in the nation’s financial evolution. For investors in UAE real estate, this update reflects the country’s commitment to innovation, sustainability, and economic growth—key factors that make the UAE a prime destination for property investment.
The new 100 dirham note is more than just a currency update—it’s a testament to the UAE’s vision for the future. Key features include:
1- Front: Um Al Quwain National Fort (heritage symbol).
2- Back: Port of Fujairah and Etihad Rail (economic progress).
This redesign aligns with the UAE’s Third Issuance of the National Currency Project, following the award-winning Dh500 and Dh1,000 polymer notes.
The new 100 dirham note isn’t just about cash—it signifies the UAE’s economic stability and growth, crucial for real estate markets. Here’s how:
The UAE’s focus on sustainable finance (like polymer notes) mirrors its push for green buildings and smart cities, boosting property values.
Etihad Rail’s inclusion on the note highlights improved connectivity, increasing demand for real estate near transport hubs.
Advanced anti-counterfeit measures reinforce the UAE’s reputation as a secure financial hub, attracting more foreign buyers to Dubai and Abu Dhabi properties.
The note’s release during Eid Al Fitr 2025 underscores the UAE’s cultural and economic appeal.
While digital payments rise, high-value property deals often involve cash transactions. The new 100 dirham note’s durability and security make large transactions safer.
With the UAE's economy thriving, investors should consider these top areas for property investment: Dubai Marina offers luxury waterfront properties with high rental yields, while Abu Dhabi CBD features government-backed projects delivering stable ROI. Sharjah provides affordable housing options with growing expat demand, and Ras Al Khaimah presents tourism-driven growth opportunities with attractive freehold options.
Pro Tip: The new 100 dirham note’s durability means fewer replacements—just like investing in long-term, high-value properties in the UAE.
The UAE new 100 dirham note is more than money—it’s a symbol of progress, security, and sustainability, much like the country’s real estate market. For investors, this reinforces the UAE’s position as a global property hotspot.
Ready to invest? Explore Mada Properties premium listings in Dubai, Abu Dhabi, and beyond!