VILLA PRICES FROM CBRE: Palm Jumeirah: Dh3,802 per square foot — up 2.6 per cent in November month on month, up 3.0 per cent in October, up 0.2 per cent in September, up 1.9 per cent in August, up 4.6 per cent in July, up 4.9 per cent in June, up 5 per cent a month in May, up 5 per cent in April.
VILLA PRICES FROM CBRE: Palm Jumeirah: Dh3,802 per square foot — up 2.6 per cent in November month on month, up 3.0 per cent in October, up 0.2 per cent in September, up 1.9 per cent in August, up 4.6 per cent in July, up 4.9 per cent in June, up 5 per cent a month in May, up 5 per cent in April.
Jumeirah: Dh2,278 per square foot — up 2.9 per cent in November, up 3.6 per cent in October, up 2.3 per cent in September, down 1.1 per cent in August, up 2.2 per cent in July, up 1.0 per cent in June, up 2.0 per cent in May, up 3.7 per cent in April. Sarah Dea / The National
Jumeirah: Dh2,278 per square foot — up 2.9 per cent in November, up 3.6 per cent in October, up 2.3 per cent in September, down 1.1 per cent in August, up 2.2 per cent in July, up 1.0 per cent in June, up 2.0 per cent in May, up 3.7 per cent in April. Sarah Dea / The National
Emirates Hills: Dh2,274 per square foot — up 4.6 per cent in November, down 3.6 per cent in October, up 3.8 per cent in September, no change in August, up 0.3 per cent in July, up 3.3 per cent in June, up 1.8 per cent in May, up 1.8 per cent in April. Photo: Knight Frank
Emirates Hills: Dh2,274 per square foot — up 4.6 per cent in November, down 3.6 per cent in October, up 3.8 per cent in September, no change in August, up 0.3 per cent in July, up 3.3 per cent in June, up 1.8 per cent in May, up 1.8 per cent in April. Photo: Knight Frank
District One: Dh2,088 per square foot — up 1.6 per cent in November, up 3.2 per cent in October, up 2.4 per cent in September, down 2.1 per cent in August, up 2.2 per cent in July, up 4.1 per cent in June, up 2.3 per cent in May, down 0.9 per cent in April. Satish Kumar / The National
District One: Dh2,088 per square foot — up 1.6 per cent in November, up 3.2 per cent in October, up 2.4 per cent in September, down 2.1 per cent in August, up 2.2 per cent in July, up 4.1 per cent in June, up 2.3 per cent in May, down 0.9 per cent in April. Satish Kumar / The National
Mohammed bin Rashid City: Dh1,724 per square foot — up 3.1 per cent in November, up 0.7 per cent in October, up 0.6 per cent in September, up 1.2 per cent in August, up 3.6 per cent in July, up 4.0 per cent in June, up 0.1 per cent in May, up 0.7 per cent in April.
Mohammed bin Rashid City: Dh1,724 per square foot — up 3.1 per cent in November, up 0.7 per cent in October, up 0.6 per cent in September, up 1.2 per cent in August, up 3.6 per cent in July, up 4.0 per cent in June, up 0.1 per cent in May, up 0.7 per cent in April.
Dubai Hills: Dh1,614 per square foot — up 1.6 per cent in November, up 2.3 per cent in October, up 1.0 per cent in September, up 0.9 per cent in August, down 0.2 per cent in July, up 4.1 per cent in June, up 1.2 per cent in May, up 1.5 per cent in April. Photo: Emaar Malls Management
Dubai Hills: Dh1,614 per square foot — up 1.6 per cent in November, up 2.3 per cent in October, up 1.0 per cent in September, up 0.9 per cent in August, down 0.2 per cent in July, up 4.1 per cent in June, up 1.2 per cent in May, up 1.5 per cent in April. Photo: Emaar Malls Management
The Meadows: Dh1,582 per square foot — down 0.2 per cent in November, up 2.2 per cent in October, up 1.2 per cent in September, up 1.5 per cent in August, up 2.5 per cent in July, up 0.9 per cent in June, up 1.6 per cent in May, down 0.5 per cent in April. Jeffrey E Biteng / The National
The Meadows: Dh1,582 per square foot — down 0.2 per cent in November, up 2.2 per cent in October, up 1.2 per cent in September, up 1.5 per cent in August, up 2.5 per cent in July, up 0.9 per cent in June, up 1.6 per cent in May, down 0.5 per cent in April. Jeffrey E Biteng / The National
The Lakes: Dh1,497 per square foot — up 2.2 per cent in November, down 1.3 per cent in October, down 1.1 per cent in September, up 1.3 per cent in August, up 1.3 per cent in July, up 1.6 per cent in June, up 1.2 per cent in May, up 1.0 per cent in April. Pawan Singh / The National
The Lakes: Dh1,497 per square foot — up 2.2 per cent in November, down 1.3 per cent in October, down 1.1 per cent in September, up 1.3 per cent in August, up 1.3 per cent in July, up 1.6 per cent in June, up 1.2 per cent in May, up 1.0 per cent in April. Pawan Singh / The National
Jumeirah Islands: Dh1,557 per square foot — down 0.4 per cent in November, up 3.9 per cent in October, up 2.9 per cent in September, down 3.7 per cent in August, down 0.1 per cent in July, up 3.6 per cent in June, up 0.9 per cent in May, up 2.5 per cent in April. Photo: Prestige Dubai
Jumeirah Islands: Dh1,557 per square foot — down 0.4 per cent in November, up 3.9 per cent in October, up 2.9 per cent in September, down 3.7 per cent in August, down 0.1 per cent in July, up 3.6 per cent in June, up 0.9 per cent in May, up 2.5 per cent in April. Photo: Prestige Dubai
Jumeirah Golf Estates: Dh1,463 per square foot — down 0.8 per cent in November, down 1.6 per cent in October, up 4.6 per cent in September, down 1.4 per cent in August, up 4.4 per cent in July, down 1.1 per cent in June, up 3.6 per cent in May, up 4.6 per cent in April. Pawan Singh / The National
Jumeirah Golf Estates: Dh1,463 per square foot — down 0.8 per cent in November, down 1.6 per cent in October, up 4.6 per cent in September, down 1.4 per cent in August, up 4.4 per cent in July, down 1.1 per cent in June, up 3.6 per cent in May, up 4.6 per cent in April. Pawan Singh / The National
The Springs: Dh1,185 per square foot — up 1.7 per cent in November, up 0.9 per cent in October, up 1.0 per cent in September, down 0.4 per cent, up 3.9 per cent in July, up 0.8 per cent in June, up 1.8 per cent in May, up 2.1 per cent in April. Photo: Better Homes
The Springs: Dh1,185 per square foot — up 1.7 per cent in November, up 0.9 per cent in October, up 1.0 per cent in September, down 0.4 per cent, up 3.9 per cent in July, up 0.8 per cent in June, up 1.8 per cent in May, up 2.1 per cent in April. Photo: Better Homes
Arabian Ranches: Dh1,242 per square foot — up 0.5 per cent in November, up 1.3 per cent in October, up 1.4 per cent in September, up 0.8 per cent in August, down 2.5 per cent in July, up 1.7 per cent in June, up 0.7 per cent in May, up 3.7 per cent in April. Pawan Singh / The National
Arabian Ranches: Dh1,242 per square foot — up 0.5 per cent in November, up 1.3 per cent in October, up 1.4 per cent in September, up 0.8 per cent in August, down 2.5 per cent in July, up 1.7 per cent in June, up 0.7 per cent in May, up 3.7 per cent in April. Pawan Singh / The National
Meydan City: Dh1,190 per square foot — down 0.7 per cent in November, up 0.8 per cent in October, up 0.4 per cent in September, up 0.6 per cent in August, down 0.4 per cent in July, up 1.3 per cent in June, up 0.9 per cent in May, up 0.9 per cent in April.
Meydan City: Dh1,190 per square foot — down 0.7 per cent in November, up 0.8 per cent in October, up 0.4 per cent in September, up 0.6 per cent in August, down 0.4 per cent in July, up 1.3 per cent in June, up 0.9 per cent in May, up 0.9 per cent in April.
Al Barari: Dh1,271 per square foot — down 1.2 per cent in November, up 1.0 per cent in October, up 2.9 per cent in September, up 2.2 per cent in August, up 3.5 per cent in July, up 3.0 per cent in June, down 0.7 per cent in May, up 4.9 per cent in April. Photo: Luxhabitat
Al Barari: Dh1,271 per square foot — down 1.2 per cent in November, up 1.0 per cent in October, up 2.9 per cent in September, up 2.2 per cent in August, up 3.5 per cent in July, up 3.0 per cent in June, down 0.7 per cent in May, up 4.9 per cent in April. Photo: Luxhabitat
Jumeirah Park: Dh1,138 per square foot — up 2.9 per cent in November, down 2.0 per cent in October, down 1.9 per cent in September, up 0.4 per cent in August, up 0.4 per cent in July, up 3.8 per cent in June, up 0.2 per cent in May, up 0.8 per cent in April. Pawan Singh / The National
Jumeirah Park: Dh1,138 per square foot — up 2.9 per cent in November, down 2.0 per cent in October, down 1.9 per cent in September, up 0.4 per cent in August, up 0.4 per cent in July, up 3.8 per cent in June, up 0.2 per cent in May, up 0.8 per cent in April. Pawan Singh / The National
Victory Heights: Dh1,135 per square foot — down 0.3 per cent in November, up 4.2 per cent in October, down 0.9 per cent in September, down 1.3 per cent in August, down 0.3 per cent in July, up 1.4 per cent in June, up 3.7 per cent in May, down 2.2 per cent in April. Photo: Luxhabitat
Victory Heights: Dh1,135 per square foot — down 0.3 per cent in November, up 4.2 per cent in October, down 0.9 per cent in September, down 1.3 per cent in August, down 0.3 per cent in July, up 1.4 per cent in June, up 3.7 per cent in May, down 2.2 per cent in April. Photo: Luxhabitat
Mudon: Dh1,055 per square foot — up 4.1 per cent in November, down 0.7 per cent in October, up 2.1 per cent in September, down 2.6 per cent in August, up 0.9 per cent in July, up 1.4 per cent in June, down 0.5 per cent in May, up 2.7 per cent in April. Satish Kumar / The National
Mudon: Dh1,055 per square foot — up 4.1 per cent in November, down 0.7 per cent in October, up 2.1 per cent in September, down 2.6 per cent in August, up 0.9 per cent in July, up 1.4 per cent in June, down 0.5 per cent in May, up 2.7 per cent in April. Satish Kumar / The National
Jumeirah Village Triangle: Dh1,025 per square foot — down 0.6 per cent in November, up 2.8 per cent in October, up 0.4 per cent in September, up 0.7 per cent in August, down 0.1 per cent in July, up 3.7 per cent in June, down 0.2 per cent in May, up 2.3 per cent in April. Pawan Singh / The National
Jumeirah Village Triangle: Dh1,025 per square foot — down 0.6 per cent in November, up 2.8 per cent in October, up 0.4 per cent in September, up 0.7 per cent in August, down 0.1 per cent in July, up 3.7 per cent in June, down 0.2 per cent in May, up 2.3 per cent in April. Pawan Singh / The National
Sustainable City: Dh978 per square foot — up 1.2 per cent in November, down 0.4 per cent in October, up 0.5 per cent in September, down 0.7 per cent in August, up 0.7 per cent in July, up 2.6 per cent in June, down 0.8 per cent in May, up 0.6 per cent in April. Antonie Robertson / The National
Sustainable City: Dh978 per square foot — up 1.2 per cent in November, down 0.4 per cent in October, up 0.5 per cent in September, down 0.7 per cent in August, up 0.7 per cent in July, up 2.6 per cent in June, down 0.8 per cent in May, up 0.6 per cent in April. Antonie Robertson / The National
Town Square: Dh816 per square foot — down 0.9 per cent in November, up 1.5 per cent in October, up 0.4 per cent in September, up 0.6 per cent in August, up 0.6 per cent in July, down 0.8 per cent in June, down 1.0 per cent in May, up 1.4 per cent in April. Satish Kumar / The National
Town Square: Dh816 per square foot — down 0.9 per cent in November, up 1.5 per cent in October, up 0.4 per cent in September, up 0.6 per cent in August, up 0.6 per cent in July, down 0.8 per cent in June, down 1.0 per cent in May, up 1.4 per cent in April. Satish Kumar / The National
Living Legends: Dh800 per square foot — down 3.0 per cent in November, down 4.2 per cent in October, down 1.9 per cent in September, up 2.6 per cent in August, up 0.7 per cent in July, up 4.0 per cent in June, up 1.2 per cent in May. Pawan Singh / The National
Living Legends: Dh800 per square foot — down 3.0 per cent in November, down 4.2 per cent in October, down 1.9 per cent in September, up 2.6 per cent in August, up 0.7 per cent in July, up 4.0 per cent in June, up 1.2 per cent in May. Pawan Singh / The National
Jumeirah Village Circle: Dh624 per square foot — up 3.7 per cent in November, down 1.8 per cent in October, down 1.3 per cent in September, down 1.4 per cent in August, up 3.3 per cent in July, down 1.6 per cent in June, up 0.8 per cent in May, up 1.3 per cent in April. Antonie Robertson / The National
Jumeirah Village Circle: Dh624 per square foot — up 3.7 per cent in November, down 1.8 per cent in October, down 1.3 per cent in September, down 1.4 per cent in August, up 3.3 per cent in July, down 1.6 per cent in June, up 0.8 per cent in May, up 1.3 per cent in April. Antonie Robertson / The National
Falconcity of Wonders: Dh750 per square foot — down 0.8 per cent in November, up 0.9 per cent in October, down 2.0 per cent in September, up 4.8 per cent in August, up 0.7 per cent in July, flat in June, down 2.5 per cent in May, up 1.6 per cent in April. Sarah Dea / The National
Falconcity of Wonders: Dh750 per square foot — down 0.8 per cent in November, up 0.9 per cent in October, down 2.0 per cent in September, up 4.8 per cent in August, up 0.7 per cent in July, flat in June, down 2.5 per cent in May, up 1.6 per cent in April. Sarah Dea / The National
Damac Hills 2: Dh602 per square foot — up 1.3 per cent in November, down 1.2 per cent in October, down 0.4 per cent in September, down 0.5 per cent in August, down 0.4 per cent in July, down 1.6 per cent in June, up 1.0 per cent in May, up 1.3 per cent in April. Photo: Allsopp & Allsopp
Damac Hills 2: Dh602 per square foot — up 1.3 per cent in November, down 1.2 per cent in October, down 0.4 per cent in September, down 0.5 per cent in August, down 0.4 per cent in July, down 1.6 per cent in June, up 1.0 per cent in May, up 1.3 per cent in April. Photo: Allsopp & Allsopp

Business

Property

Dubai property prices: where they rose and fell — November 2022

Palm Jumeirah villas remain the most expensive to buy per square foot in the city

Ian Oxborrow
Ian Oxborrow

December 14, 2022

  • English
  • Arabic

Average prices across Dubai's property market continued to rise in November amid record transaction levels.

However, the pace of rising prices, which has been significant throughout this year, is easing, according to property consultant CBRE.

“Activity levels in Dubai’s residential market have reached record levels in the year-to-date to November 2022 with total transactions volume reaching 81,919, surpassing record highs of full year 2009, when transaction numbers totalled 81,182,” said Taimur Khan, head of research for the Mena region at CBRE in Dubai.

“This strong level of activity has continued to support increases in average prices, which for apartments and villas have risen by 9 per cent and 12.7 per cent in the 12 months to November 2022, respectively.

“However, we are seeing the rate of average price growth slowing, particularly in the villa market, a trend which we expect the apartment market to follow suit in the short run.”

Average apartment prices rose 1 per cent a month in November while average villa prices were up 1.1 per cent, CBRE data shows.

APARTMENT PRICES BY CBRE: Jumeirah: Dh2,310 per square foot — up 3.7 per cent in November, up 3.3 per cent in October, up 0.2 per cent in September, up 3.4 per cent in August, up 0.1 per cent in July, up 1.8 per cent in June, up 3.6 per cent in May, up 3.5 per cent in April. The National
APARTMENT PRICES BY CBRE: Jumeirah: Dh2,310 per square foot — up 3.7 per cent in November, up 3.3 per cent in October, up 0.2 per cent in September, up 3.4 per cent in August, up 0.1 per cent in July, up 1.8 per cent in June, up 3.6 per cent in May, up 3.5 per cent in April. The National
Downtown Dubai: Dh2,161 - up 0.6 per cent in November, up 2.5 per cent in October, down 0.3 per cent in September, up 1.5 per cent in August, up 1 per cent in July, up 0.3 per cent in June, up 0.5 per cent in May, up 0.7 per cent in April. Reuters
Downtown Dubai: Dh2,161 - up 0.6 per cent in November, up 2.5 per cent in October, down 0.3 per cent in September, up 1.5 per cent in August, up 1 per cent in July, up 0.3 per cent in June, up 0.5 per cent in May, up 0.7 per cent in April. Reuters
The Palm Jumeirah: Dh2,129 per square foot — up 5.0 per cent in November, down 2.1 per cent in October, up 4.5 per cent in September, up 2.0 per cent in August, up 1.5 per cent in July, down 4.2 per cent in June, up 4.2 per cent in May, up 4 per cent in April. Antonie Robertson / The National
The Palm Jumeirah: Dh2,129 per square foot — up 5.0 per cent in November, down 2.1 per cent in October, up 4.5 per cent in September, up 2.0 per cent in August, up 1.5 per cent in July, down 4.2 per cent in June, up 4.2 per cent in May, up 4 per cent in April. Antonie Robertson / The National
DIFC: Dh1,638 per square foot — down 4.7 per cent in November, up 2.1 per cent in October, down 3.0 per cent in September, up 3.1 per cent in August, up 0.3 per cent in July, down 0.5 per cent in June, up 2.5 per cent in May, up 1.2 per cent in April. Jeff Topping / The National
DIFC: Dh1,638 per square foot — down 4.7 per cent in November, up 2.1 per cent in October, down 3.0 per cent in September, up 3.1 per cent in August, up 0.3 per cent in July, down 0.5 per cent in June, up 2.5 per cent in May, up 1.2 per cent in April. Jeff Topping / The National
Mohammed bin Rashid City: Dh1,675 per square foot — up 4.7 per cent in November, no change in October, up 2.2 per cent in September, up 1.0 per cent in August, up 1.3 per cent in July, up 1.9 per cent in June, up 2.3 per cent in May, down 0.2 per cent in April. Satish Kumar / The National
Mohammed bin Rashid City: Dh1,675 per square foot — up 4.7 per cent in November, no change in October, up 2.2 per cent in September, up 1.0 per cent in August, up 1.3 per cent in July, up 1.9 per cent in June, up 2.3 per cent in May, down 0.2 per cent in April. Satish Kumar / The National
Dubai Hills: Dh1,707 per square foot — up 3.2 per cent in November, up 2.1 per cent in October, up 4.0 per cent in September, up 1.4 per cent in August, up 1.7 per cent in July, up 1.6 per cent, up 2.7 per cent in May, up 0.3 per cent in April. Photo: Emaar Malls Management
Dubai Hills: Dh1,707 per square foot — up 3.2 per cent in November, up 2.1 per cent in October, up 4.0 per cent in September, up 1.4 per cent in August, up 1.7 per cent in July, up 1.6 per cent, up 2.7 per cent in May, up 0.3 per cent in April. Photo: Emaar Malls Management
Business Bay: Dh1,595 per square foot — up 3.4 per cent in November, up 0.9 per cent in October, up 1.5 per cent in September, up 2.6 per cent in August, down 1.4 per cent in July, down 2.2 per cent in June, up 1.3 per cent in May, up 1.7 per cent in April. Sarah Dea / The National
Business Bay: Dh1,595 per square foot — up 3.4 per cent in November, up 0.9 per cent in October, up 1.5 per cent in September, up 2.6 per cent in August, down 1.4 per cent in July, down 2.2 per cent in June, up 1.3 per cent in May, up 1.7 per cent in April. Sarah Dea / The National
Jumeirah Beach Residence: Dh1,431 per square foot — down 0.1 per cent in November, up 0.5 per cent in October, up 1.4 per cent in September, up 0.4 per cent in August, down 0.8 per cent in July, down 2.8 per cent in June, down 1.0 per cent in May, down 2.2 per cent in April. Photo: LuxuryProperty.com
Jumeirah Beach Residence: Dh1,431 per square foot — down 0.1 per cent in November, up 0.5 per cent in October, up 1.4 per cent in September, up 0.4 per cent in August, down 0.8 per cent in July, down 2.8 per cent in June, down 1.0 per cent in May, down 2.2 per cent in April. Photo: LuxuryProperty.com
Dubai Marina: Dh1,439 per square foot — up 2.7 per cent in November, up 0.5 per cent in October, down 2.0 per cent in August, up 2.3 per cent in July, up 1.8 per cent in June, down 0.3 per cent in May, down 0.7 per cent in April. Victor Besa / The National
Dubai Marina: Dh1,439 per square foot — up 2.7 per cent in November, up 0.5 per cent in October, down 2.0 per cent in August, up 2.3 per cent in July, up 1.8 per cent in June, down 0.3 per cent in May, down 0.7 per cent in April. Victor Besa / The National
The Greens and The Views: Dh1,193 per square foot — up 2.7 per cent in November, up 1.9 per cent in October, flat in September, up 3.0 per cent in August, up 2.4 per cent in July, up 1.2 per cent in June, down 2.5 per cent in May, down 0.6 per cent in April. Sarah Dea / The National
The Greens and The Views: Dh1,193 per square foot — up 2.7 per cent in November, up 1.9 per cent in October, flat in September, up 3.0 per cent in August, up 2.4 per cent in July, up 1.2 per cent in June, down 2.5 per cent in May, down 0.6 per cent in April. Sarah Dea / The National
Jumeirah Lakes Towers: Dh1,025 per square foot — up 0.5 per cent in November, up 0.1 per cent in October, up 0.6 per cent in September, down 0.9 per cent in August, up 1.7 per cent, down 0.9 per cent in June, up 3.1 per cent in May, down 1.1 per cent in April. Antonie Robertson / The National
Jumeirah Lakes Towers: Dh1,025 per square foot — up 0.5 per cent in November, up 0.1 per cent in October, up 0.6 per cent in September, down 0.9 per cent in August, up 1.7 per cent, down 0.9 per cent in June, up 3.1 per cent in May, down 1.1 per cent in April. Antonie Robertson / The National
Damac Hills: Dh1,053 per square foot — up 3.3 per cent in November, down 3.5 per cent in October, up 1.3 per cent in September, up 1.9 per cent in August, up 2.1 per cent, up 0.4 per cent in June, up 2.1 per cent in May, down 0.7 per cent in April. Pawan Singh / The National
Damac Hills: Dh1,053 per square foot — up 3.3 per cent in November, down 3.5 per cent in October, up 1.3 per cent in September, up 1.9 per cent in August, up 2.1 per cent, up 0.4 per cent in June, up 2.1 per cent in May, down 0.7 per cent in April. Pawan Singh / The National
Jumeirah Village Circle: Dh928 per square foot — up 1.0 per cent in November, up 0.4 per cent in October, up 0.7 per cent in September, down 0.8 per cent in August, up 0.5 per cent in July, up 1.2 per cent in June, up 0.4 per cent in May, up 0.1 per cent in April. Razan Alzayani / The National
Jumeirah Village Circle: Dh928 per square foot — up 1.0 per cent in November, up 0.4 per cent in October, up 0.7 per cent in September, down 0.8 per cent in August, up 0.5 per cent in July, up 1.2 per cent in June, up 0.4 per cent in May, up 0.1 per cent in April. Razan Alzayani / The National
Town Square: Dh850 per square foot — down 0.8 per cent in November, up 0.9 per cent in October, up 0.5 per cent in September, down 0.9 per cent in August, up 0.9 per cent in July, down 1.9 per cent in June, up 0.4 per cent in May, down 1.9 per cent in April.
Town Square: Dh850 per square foot — down 0.8 per cent in November, up 0.9 per cent in October, up 0.5 per cent in September, down 0.9 per cent in August, up 0.9 per cent in July, down 1.9 per cent in June, up 0.4 per cent in May, down 1.9 per cent in April.
Motor City: Dh687 per square foot — up 2.8 per cent in November, up 1.5 per cent in October, up 0.8 per cent in September, up 1.9 per cent in August, down 1.8 per cent in July, down 2.5 per cent in June, up 0.8 per cent in May, down 0.7 per cent in April.
Motor City: Dh687 per square foot — up 2.8 per cent in November, up 1.5 per cent in October, up 0.8 per cent in September, up 1.9 per cent in August, down 1.8 per cent in July, down 2.5 per cent in June, up 0.8 per cent in May, down 0.7 per cent in April.
Dubai Silicon Oasis: Dh619 per square foot — down 0.4 per cent in November, up 1.6 per cent in October, up 0.2 per cent in September, down 0.3 per cent in August, up 1.8 per cent in July, up 3.6 per cent in June, down 2.9 per cent in May, down 0.7 per cent in April. Chris Whiteoak / The National
Dubai Silicon Oasis: Dh619 per square foot — down 0.4 per cent in November, up 1.6 per cent in October, up 0.2 per cent in September, down 0.3 per cent in August, up 1.8 per cent in July, up 3.6 per cent in June, down 2.9 per cent in May, down 0.7 per cent in April. Chris Whiteoak / The National
Dubai Sports City: Dh636 per square foot — down 0.5 per cent in November, up 3.3 per cent in October, up 2.6 per cent per cent in September, down 1.0 per cent in August, up 0.5 per cent, up 3.0 per cent in June, down 3.9 per cent in May, down 1.1 per cent in April. Reem Mohammed / The National
Dubai Sports City: Dh636 per square foot — down 0.5 per cent in November, up 3.3 per cent in October, up 2.6 per cent per cent in September, down 1.0 per cent in August, up 0.5 per cent, up 3.0 per cent in June, down 3.9 per cent in May, down 1.1 per cent in April. Reem Mohammed / The National
Discovery Gardens: Dh531 per square foot — down 2.3 per cent in November, up 3.5 per cent in October, up 1.7 per cent in September, up 0.9 per cent in August, down 0.8 per cent in July, down 1.8 per cent in June, up 0.3 per cent in May, down 2.2 per cent in April. Pawan Singh / The National
Discovery Gardens: Dh531 per square foot — down 2.3 per cent in November, up 3.5 per cent in October, up 1.7 per cent in September, up 0.9 per cent in August, down 0.8 per cent in July, down 1.8 per cent in June, up 0.3 per cent in May, down 2.2 per cent in April. Pawan Singh / The National
International City: Dh475 per square foot — down 0.2 per cent in November, up 3.3 per cent in October, up 1.8 per cent in September, up 0.4 per cent in August, up 2 per cent in July, up 0.9 per cent in June, down 0.5 per cent in May, down 0.6 per cent in April. Antonie Robertson / The National
International City: Dh475 per square foot — down 0.2 per cent in November, up 3.3 per cent in October, up 1.8 per cent in September, up 0.4 per cent in August, up 2 per cent in July, up 0.9 per cent in June, down 0.5 per cent in May, down 0.6 per cent in April. Antonie Robertson / The National

Certain prime markets will continue to record strong growth rates, Mr Khan said.

The prime market, in particular, has reported big prices, which are expected to end the year about 50 per cent higher than last year, Knight Frank said, while they are projected to grow by a further 13.5 per cent next year.

Palm Jumeirah villas, which have this year set records for the most expensive sale and rental, are the most expensive per square foot in the city at Dh3,802 after a 2.6 per cent monthly rise in November.

This follows monthly price rises of more than 4 per cent in four of the past seven months.

Read more

Damac to launch 'plenty more' projects after 'best performance on record'

In the 12 months to November 2022, average prices in Dubai increased by 9.5 per cent, with apartment prices up 9 per cent and villas 12.7 per cent.

Average apartment prices stood at Dh1,161 per square foot in November while average villa prices stood at Dh1,374 per square foot.

These remain below the highs recorded in 2014 by 22 per cent and 4.9 per cent, respectively, CBRE said.

Dubai's property market has picked up pace this year as the wider economy makes a strong recovery from pandemic-driven headwinds.

The emirate's economy expanded by 4.6 per cent on an annual basis in the first nine months of this year to about Dh307.5 billion ($84 billion), driven by its efforts to solidify its position as a business, financial and tourism centre, Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, said this week.

Business activity in the non-oil private economy expanded at a robust pace, driven by a boost in new orders in November.

The emirate's seasonally adjusted S&P Global purchasing managers' index reading for November stood at 54.9, above the neutral 50 mark separating expansion from contraction.

In the rental sector, average asking rents rose by 27.3 per cent in the year to November, with average apartment rents increasing by 27.6 per cent and average villa rents by 25.4 per cent, respectively, CBRE said.

Palm Jumeirah registered the highest average annual apartment and villa rents, where asking rents reached an average of Dh243,219 and Dh982,047, respectively, according to CBRE's Residential Market Snapshot.

Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

SPEC%20SHEET%3A%20SAMSUNG%20GALAXY%20S24%20ULTRA
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More Iraq election coverage:
PREMIER LEAGUE FIXTURES

Tuesday (UAE kick-off times)

Leicester City v Brighton (9pm)

Tottenham Hotspur v West Ham United (11.15pm)

Wednesday

Manchester United v Sheffield United (9pm)

Newcastle United v Aston Villa (9pm)

Norwich City v Everton (9pm)

Wolves v Bournemouth (9pm)

Liverpool v Crystal Palace (11.15pm)

Thursday

Burnley v Watford (9pm)

Southampton v Arsenal (9pm)

Chelsea v Manchester City (11.15pm)

10 tips for entry-level job seekers
  • Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
  • Keep track of the job trends in your sector through the news. Apply for job alerts at your dream organisations and the types of jobs you want – LinkedIn uses AI to share similar relevant jobs based on your selections.
  • Double check that you’ve highlighted relevant skills on your resume and LinkedIn profile.
  • For most entry-level jobs, your resume will first be filtered by an applicant tracking system for keywords. Look closely at the description of the job you are applying for and mirror the language as much as possible (while being honest and accurate about your skills and experience).
  • Keep your CV professional and in a simple format – make sure you tailor your cover letter and application to the company and role.
  • Go online and look for details on job specifications for your target position. Make a list of skills required and set yourself some learning goals to tick off all the necessary skills one by one.
  • Don’t be afraid to reach outside your immediate friends and family to other acquaintances and let them know you are looking for new opportunities.
  • Make sure you’ve set your LinkedIn profile to signal that you are “open to opportunities”. Also be sure to use LinkedIn to search for people who are still actively hiring by searching for those that have the headline “I’m hiring” or “We’re hiring” in their profile.
  • Prepare for online interviews using mock interview tools. Even before landing interviews, it can be useful to start practising.
  • Be professional and patient. Always be professional with whoever you are interacting with throughout your search process, this will be remembered. You need to be patient, dedicated and not give up on your search. Candidates need to make sure they are following up appropriately for roles they have applied.

Arda Atalay, head of Mena private sector at LinkedIn Talent Solutions, Rudy Bier, managing partner of Kinetic Business Solutions and Ben Kinerman Daltrey, co-founder of KinFitz

Results

6pm: Dubai Trophy – Conditions (TB) $100,000 (Turf) 1,200m 

Winner: Silent Speech, William Buick (jockey), Charlie Appleby
(trainer) 

6.35pm: Jumeirah Derby Trial – Conditions (TB) $60,000 (T)
1,800m 

Winner: Island Falcon, Frankie Dettori, Saeed bin Suroor 

7.10pm: UAE 2000 Guineas Trial – Conditions (TB) $60,000 (Dirt)
1,400m 

Winner: Rawy, Mickael Barzalona, Salem bin Ghadayer 

7.45pm: Al Rashidiya – Group 2 (TB) $180,000 (T) 1,800m 

Winner: Desert Fire, Hector Crouch, Saeed bin Suroor 

8.20pm: Al Fahidi Fort – Group 2 (TB) $180,000 (T) 1,400m 

Winner: Naval Crown, William Buick, Charlie Appleby 

8.55pm: Dubawi Stakes – Group 3 (TB) $150,000 (D) 1,200m 

Winner: Al Tariq, Pat Dobbs, Doug Watsons 

9.30pm: Aliyah – Rated Conditions (TB) $80,000 (D) 2,000m 

Winner: Dubai Icon, Patrick Cosgrave, Saeed bin Suroor  

MATCH INFO

Rugby World Cup (all times UAE)

Final: England v South Africa, Saturday, 1pm

MATCH INFO

Uefa Champions League semi-finals, second leg:

Liverpool (0) v Barcelona (3), Tuesday, 11pm UAE

Game is on BeIN Sports

WOMAN AND CHILD

Director: Saeed Roustaee

Starring: Parinaz Izadyar, Payman Maadi

Rating: 4/5

Updated: December 14, 2022, 8:04 AM`
DubaiPropertyPalm Jumeirah