UAE · Middle East · Population: 3,500,000
Dubai is relatively affordable for homebuyers, with rapidly rising prices driven by strong demand. The city has above-average rental costs. At $450,000 average home price in UAE, buyers should consider the 5.5x price-to-income ratio when planning a purchase.
| Average Home Price | $450,000 |
| Price per sqm | $5,500 |
| Price-to-Income Ratio | 5.5x |
| Mortgage Rate | 5.0% |
| 1-Year Price Change | +12.5% |
| 1-Bedroom Apartment | $1,800/mo |
| 3-Bedroom Apartment | $3,200/mo |
| Rent-to-Income Ratio | 22% |
| Median Household Income | $82,000/year |
| Years to Buy (at median income) | 5.5 years |
| Local Currency | AED |
With a price-to-income ratio of 5.5x, Dubai offers reasonable opportunities for homebuyers compared to global averages. Home prices have increased 12.5% in the past year.
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Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.
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