18 hours ago
Dubai: Villa, townhouse prices more than double due to influx of families, millionaires
Villa and townhouse prices in some of Dubai's localities have jumped over 200 per cent in three years due to sustained demand amidst limited supply, large influx of families and inflow of millionaires into the emirate.
According to data shared by Allsopp & Allsopp, Al Waha and Nad Al Sheba have seen average prices of villas and townhouses jumping 265 per cent and 207 per cent, respectively, between April 2022 and May 2025.
Data showed that the average prices in Al Waha rose from Dh1.2 million to Dh4.4 million and from Dh3.07 million to Dh9.44 million in Nad Al Sheba during the comparative period.
Among the other top-performing communities, prices of villas and townhouses in Dubai South Residential District and Dubai Investment Park have jumped 185 per cent in both communities from Dh1.4 million to Dh4 million and from Dh2.17 million to Dh6.19 million, respectively.
Similarly, Al Quoz, Jumeirah Islands, Dubai Sports City, Emaar South and Al Satwa have seen average villa and townhouse prices doubling since May 2022, rising between 121 per cent and 176 per cent.
'This is a clear indicator of sustained demand, limited supply, and growing investor confidence in villa and townhouse communities in Dubai. A shift in buyer preference towards larger, more private living spaces has driven prices up significantly, underscored by a growth in population and more people wanting to enter homeownership on arrival in Dubai,' said Lewis Allsopp, chairman of Allsopp & Allsopp.
Demand for larger units, especially villas and townhouses, has been on the rise since Covid-19. The lockdown during the pandemic prompted many people in the UAE to look to larger properties, pushing demand higher for villas.
He said the influx of families moving to Dubai has been a key driver in the rising demand for villas and townhouses. 'With a focus on space, privacy, and access to top-tier amenities and schools, family buyers are increasingly favouring suburban communities. This demand shift is putting upward pressure on prices, particularly in established and well-connected residential areas,' said Allsopp.
Allsopp and Allsopp's chief said data primarily showed that those buying villas and townhouses are residents, both long-term expatriates and new arrivals looking to settle and own homes rather than rent, although high-net-worth foreign investors who are active in the luxury segment see the value in investing in the Dubai luxury market.
