Drumroll, please! If you’re looking for an apartment or a villa in Dubai, we’re about to list the spots where you’ll have some stiff competition snagging a great pad.

Property Finder’s latest Annual Market Watch Report 2022 reveals key real estate trends for Dubai and Abu Dhabi & offers some insight on rising prices.

It states that Dubai’s property market has picked up this year as the Emirate’s economy continues to make a strong recovery. Average rent prices for apartments rose by around 25% in 2022 compared to 2021, while villa rents increased by 26%. This is due to the increase in the expatriate population and increase in the construction costs in addition to the interest rate & (bad news!) prices are expected to continue to increase

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The 5 most desirable areas to live in Dubai based on apartment searches

1. Business Bay
2. Downtown Dubai
3. Dubai Marina
4. Jumeirah Village Circle
5. Palm Jumeirah

The 5 most desirable areas to live in Dubai based on villa searches

1. Arabian Ranches
2. Arabian Ranches 2
3. Arabian Ranches 3
4. Dubai Hills Estate
5. Palm Jumeirah

via GIPHY

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