Housing Prices Dubai vs UK
Dubai Housing Prices
Dubai’s real estate market offers a range of options from affordable apartments to luxurious villas. Here are some average price points:
Apartments in Central Dubai:
- One-bedroom: AED 1,679 – AED 2,052 per month (approx. $457 – $559)
- Three-bedroom: AED 3,073 – AED 3,756 per month (approx. $837 – $1,023)
Apartments Outside City Center:
- One-bedroom: AED 963 – AED 1,178 per month (approx. $262 – $320)
- Three-bedroom: AED 1,892 – AED 2,313 per month (approx. $515 – $630)
Villas and Townhouses:
- Palm Jumeirah: Villas can range from AED 3 million to AED 20 million ($816,750 to $5.4 million)
UK Housing Prices
In the UK, especially in London, housing prices are significantly higher:
Apartments in Central London:
- One-bedroom: £2,000 – £3,500 per month (approx. $2,567 – $4,492)
- Three-bedroom: £4,500 – £7,000 per month (approx. $5,769 – $8,975)
Apartments Outside City Center:
- One-bedroom: £1,200 – £1,800 per month (approx. $1,540 – $2,311)
- Three-bedroom: £2,800 – £4,000 per month (approx. $3,594 – $5,134)
Houses:
- Central London: Prices can exceed £1 million ($1.28 million) for a modest house
- Suburbs: Prices are lower but still relatively high, often starting at £500,000 ($640,000)
The prices of houses in Dubai are comparatively cheaper than the houses in the UK especially in London. This availability coupled with the fact that most employees working in the region are exempt from taxes and facilities in Dubai are fairly contemporary, the place proves popular among expats.