Focusing on five key waterfront neighbourhoods, the study scrutinises pricing trends, growth rates and investment potential, laying the groundwork for predictions in the coming years.
Most Expensive: Bluewaters Island is the most expensive waterfront community.
Least Expensive Community: Dubai Marina: affordable yet luxurious.
Fastest Growing Neighbourhood in the Last 12 Months: Bluewaters Island's significant growth has made it a top investment destination.
Most stable neighbourhood: Dubai Creek Harbour has seen minimal price volatility, making it an attractive long-term investment option.
Dubai's waterfront community will continue to offer a diverse range of investment opportunities catering to different budgets and preferences, with a strong emphasis on luxury living and market resilience.
Statement from Soliman Hossameldin, Dubai's leading digital and social media expert: Dubai's waterfront communities are testament to the innovation, luxury and resilience of the region's property market. Our analyses are not just a reflection of current trends, but a forward-looking outlook for potential investors, homebuyers and industry professionals. We are steadfastly committed to empowering our clients with data-driven insights so they can make informed decisions that align with their goals.
Bluewater Island is known for its luxury homes and vibrant lifestyle. With an average sales price of 4,077.4 AED per square foot and a 12-month price change of +22.94%, it is the most expensive waterfront community. The outlook predicts continued growth, attracting high-end investors and residents.
Jumeirah Palms Residences symbolises elegance and prestige. With an average sales price of AED 1,825.33 per sq ft and a 12-month price change of +9.61%, the community is expected to see a recovery and steady growth, attracting investors and homeowners.
Dubai Marina is known for its affordability without compromising on luxury. With an average sales price of AED 1,375.5 per sq ft and a 12-month price change of +7.18%, the community's resilience is attracting a diverse range of buyers.
Jumeirah Beach Residential blends comfort and investment opportunities. With an average sales price of AED 1,440 per sq ft and a 12-month price change of +2.95%, it promises continued growth and lucrative investment opportunities.
Dubai Creek Harbour is becoming a hotspot for property investment. With an average sales price of Dh1,817.5 per sq ft and a 12-month price change of +0.62%, it shows stability and potential to be an attractive long-term investment option.
As the city continues to grow as a global real estate hub, these waterfront communities are a testament to innovation, luxury and investment potential. The insights and forecasts presented in this study will be useful for investors, real estate professionals and prospective buyers to guide them in making strategic and successful investments in Dubai's booming property market.