Deira Dubai

Market Transaction in Deira Dubai 2024

Sales Transaction

1,711

Sales Volume

434.3 M

Average Price (AED)

691 / sqft

Explore All Areas

Deira, located on the eastern side of Dubai Creek, is one of the oldest and most vibrant districts in Dubai. Known for its bustling markets, historical landmarks, and unique blend of tradition and modernity, Deira is a must-visit area that offers a distinct contrast to the city’s glitzy skyscrapers. In this comprehensive guide, we’ll take a closer look at Deira’s history, attractions, lifestyle, real estate opportunities, and what makes it a unique place to live and explore in Dubai.

Discover the Vibrant Landscape of Deira Dubai

Reasons to Invest in Deira Dubai Real Estate

Deira, strategically located near Dubai Creek, Sharjah, and the city center, offers excellent connectivity to Dubai International Airport, commercial zones, and entertainment hubs. Known as one of Dubai’s oldest neighborhoods, it boasts iconic landmarks like the Gold Souk and Spice Souk, preserving its historical charm.
Recent redevelopment projects have enhanced infrastructure, adding modern amenities such as malls, schools, and healthcare facilities. Deira’s real estate market stands out with high rental yields driven by tourism and demand for affordable housing, while its budget-friendly investment options make it appealing for first-time buyers and long-term investors.
Athlon At Dubailand

Athlon At Dubailand by Aldar Properties

Kaia at The Valley

Elva at The Valley by Emaar Properties

Crestlane at City Walk, Dubai by Meraas

The Bristol at Emaar Beachfront

The Bristol at Emaar Beachfront

Golf Edge by Emaar

Golf Edge at Emaar South by Emaar

Al Waha Residences

Al Waha Residences at Expo City by Expo Dubai Group

Avenue Park Towers

Avenue Park Towers at Wasl 1, Dubai

Kaia at The Valley

Kaia at The Valley

Overview of Esme Beach Residences at Dubai Islands by Elysian Development

Esme Beach Residences

Hadley Heights By LEOS Developments

Hadley Heights By LEOS Developments At JVC

Aveline Residences at JVC

Aveline Residences In Jumeirah Village Circle by Citi Developers

Ela by Omniyat at Palm Jumeirah

Ela by Omniyat at Palm Jumeirah

Como Residences At Palm Jumeirah By Nakheel

Como Residences At Palm Jumeirah By Nakheel

ORLA Dorchester Collection By Omniyat At Palm Jumeirah

ORLA Dorchester Collection By Omniyat At Palm Jumeirah

Average Areas Price with the Bedroom Sizes

Prices

From AED 300,000

to AED 500,000

From AED 450,000

to AED 800,000

From AED 700,000

to AED 1.2 million

From AED 1 million

to AED 1.8 million

From AED 1.5 million

to AED 2.5 million

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Benefits of Living in Deira Dubai

Deira offers an affordable lifestyle with reasonably priced housing, dining, and shopping options, making it a popular choice for residents. Its proximity to key amenities like schools, hospitals, malls, and traditional markets adds to its appeal. Known for its vibrant multicultural environment, Deira is home to a diverse community and a rich dining scene, ranging from fine dining to street food. With excellent connectivity through metro stations, bus routes, and water taxis, Deira stands out as one of Dubai’s most accessible and convenient neighborhoods.

Deira Dubai Properties for Sale

Deira Dubai boasts an extensive range of properties for sale, catering to various budgets and preferences. Whether you’re looking for a studio apartment or a spacious villa, Deira has it all.

Residential Properties for Sale in Deira Dubai

  1. Apartments Apartments in Deira range from studios to 5-bedroom units, offering modern amenities like swimming pools, gyms, and parking facilities.
  2. Villas Villas in Deira provide luxurious living with spacious layouts, private gardens, and proximity to local attractions.
  3. Townhouses Townhouses are perfect for families seeking a balance between privacy and community living.

Properties Available for Sale in Deira Dubai

Deira Dubai offers a wide range of properties, including:
  1. Luxury Properties High-end apartments and villas with premium finishes, advanced home automation, and breathtaking views of Dubai Creek.
  2. Affordable Options Budget-friendly housing solutions for families and professionals.
  3. Commercial Spaces Ideal for businesses, with office spaces and retail outlets in prime locations.

Resale Properties in Deira Dubai

Investors and buyers can find a variety of resale properties, often at attractive prices. These properties include pre-owned apartments, villas, and commercial spaces, many of which come with existing tenants, offering immediate rental income.

Freehold Properties for Sale in Deira Dubai

With Dubai’s growing appeal to international investors, freehold properties in Deira allow expatriates to own properties in perpetuity, ensuring long-term investment value.

Cheap Properties for Sale in Deira Dubai

Deira provides affordable housing solutions for those on a budget. These properties include smaller apartments and compact villas, making them an excellent choice for first-time buyers.

Property Types in Deira Dubai

  1. Studio Properties for Sale in Deira Dubai Studios are ideal for single professionals or couples, offering compact living spaces with modern amenities.
  2. 1-Bedroom Properties for Sale in Deira Dubai Perfect for small families or individuals seeking more space than a studio apartment.
  3. 2-Bedroom Properties for Sale in Deira Dubai Suitable for growing families or professionals working from home, with ample space for a comfortable lifestyle.
  4. 3-Bedroom Properties for Sale in Deira Dubai These properties cater to larger families, offering spacious layouts and family-friendly amenities.
  5. 4-Bedroom Properties for Sale in Deira Dubai Luxurious and spacious, 4-bedroom properties are perfect for families who value privacy and comfort.
  6. 5-Bedroom Properties for Sale in Deira Dubai The epitome of luxury living, these properties provide expansive spaces and premium finishes, ideal for large families.

Market Transactions in Deira Dubai Properties

Deira’s real estate market remains active throughout the year. Here’s an overview of property transactions across the four quarters:
  • Q1: The year starts with robust activity, driven by demand for affordable housing and rental properties.
  • Q2: Increased interest in freehold and luxury properties due to Dubai’s peak tourist season.
  • Q3: A moderate season where resale properties gain traction, offering attractive deals for investors.
  • Q4: High transaction volumes as buyers rush to close deals before the year-end, especially on larger properties.
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Frequently Asked Questions

Deira’s affordability, strategic location, and vibrant culture make it a prime choice for investors. With high rental yields and ongoing infrastructure development, the area ensures long-term value.
Yes, there are freehold properties available, allowing expatriates to own properties with full ownership rights.
Deira offers a variety of properties, including studio apartments, villas, townhouses, and commercial spaces.
Absolutely. Deira offers family-friendly properties, proximity to schools and healthcare facilities, and a safe environment for children.
Key landmarks include the Gold Souk, Spice Souk, Deira City Centre, and Dubai Creek.
Investing during Q1 and Q4 often provides the best deals due to high market activity and year-end sales.

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