Bur Dubai

Real Estate Market Trends & Prices

Bur Dubai is a significant area in Dubai's property market, particularly for rentals. As per Bayut’s 2023 Dubai Rental Market Report, Bur Dubai holds the distinction of being the second most popular area to rent mid-tier apartments in Dubai.

Average Rental Prices for Apartments in Bur Dubai:
Here's a look at the general average rental prices:

• Studio: AED 87,500

• 1-Bed: AED 150,500

• 2-Bed: AED 201,500

• 3-Bed: AED 139,000

• 4-Bed: AED 200,000

Rental Price Ranges in Popular Sub-communities:

• In Al Kifaf:

  • 1-bedroom apartments for rent: AED 95k to AED 160k

  • 2-bedroom apartments for rent: AED 140k to AED 210k

• In Dubai Healthcare City:

  • 1-bedroom apartments for rent: AED 105k to AED 110k

  • 2-bedroom apartments for rent: AED 88k to AED 150k

Average Sales Prices for Apartments in Bur Dubai:
For those looking to buy, here are the average sales prices:

• Studio: AED 1,345,000

• 1-Bed: AED 1,986,000

• 2-Bed: AED 2,942,000

• 3-Bed: AED 3,773,000

Sales Price Ranges in Popular Sub-communities:

• In Al Kifaf:

  • 1-bedroom apartments for sale: AED 2M to AED 3M

  • 2-bedroom apartments for sale: AED 2M to AED 5M

• In Dubai Healthcare City:

  • 1-bedroom apartments for sale: AED 2M to AED 2M

  • 2-bedroom apartments for sale: AED 3M to AED 3M

Popular Property Types & Layouts

Bur Dubai offers a diverse mix of residential properties, catering to various preferences and needs. You'll find a blend of fashionable, modern mid-rises, spacious villas, and vintage apartments.

Main Property Types:

• Apartments: These are the predominant property type, ranging from studio to 4-bedroom configurations. Most apartment buildings are mid-rise.

  • Apartments for Rent in Bur Dubai

  • Penthouses for Rent in Bur Dubai

  • Apartments for Sale in Bur Dubai

• Villas: Spacious villas are also available, typically with 3 to 5 bedrooms.

Property Layouts:

• Apartments: Studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom units.

• Villas: 3-bedroom, 4-bedroom, and 5-bedroom configurations.

Popular Locations for Apartments:

• The most popular locations in Bur Dubai for properties include Al Kifaf, Dubai Healthcare City, Al Raffa, Al Mankhool, and Al Hamriya.

• Most of the apartment buildings in Bur Dubai are situated in Al Raffa, Oud Metha, Al Hamriya, and Al Jaddaf.

• Rental properties in these low to mid-rise apartment buildings tend to be rented out quickly, thanks to their affordable rents and proximity to amenities.

Furnishing:
It’s worth noting that since the residential district is home to many older buildings, it can be rare to find furnished apartments.

Floor Plans:
Those looking for Bur Dubai floor plans can browse through the floor plans available for popular communities and buildings in the area.

Things to Consider When Living in Bur Dubai

Living in Bur Dubai offers a unique experience, rich in culture and convenience. However, like any area, there are a few aspects to keep in mind.

Benefits of Living in Bur Dubai:

• Rich Cultural and Historical Hub: Home to Dubai Museum, Al Fahidi Historical District, Al Shindagha Historical District, Grand Mosque, Iranian Mosque, and bustling souks like Meena Bazaar and the Textile Souk.

• Vibrant and Multicultural Environment: Strong influence of Indian expatriates, presence of one of Dubai's oldest Hindu temples, and a diverse community.

• Excellent Connectivity: Well-connected by public transport (metros on Red and Green Lines including Al Fahidi, Al Ghubaiba, Oud Mehta, Al Jaddaf, ADCB, and Burjuman stations; buses; Abra water taxis) and major highways like Sheikh Zayed Road.

• Abundant Amenities: Over 20 schools, 25 clinics, eight public parks, numerous supermarkets (Carrefour, Lulu, Spinneys, Choithrams), and a wide variety of cafes and restaurants.

• Diverse Housing Options: A mix of modern mid-rises, spacious villas, and vintage apartments, catering to different budgets and preferences.

• Educational Facilities: Numerous nurseries, reputable schools offering Indian, UK, and French curricula (e.g., Indian High School, Dubai Gem Private School, Lycée Francaise International), and proximity to Mohammed Bin Rashid University of Medicine and Health Sciences. Knowledge Park and Academic City are a 25-minute drive away.

• Healthcare Access: Several multi-speciality hospitals (Mediclinic, Medeor, Aster Hospital) and clinics, including specialized services in Dubai Healthcare City.

Potential Drawbacks to Consider:

• Traffic Congestion: The roads in Bur Dubai can get very busy, especially during peak hours, potentially leading to longer commute times.

• Newer apartment buildings usually come with dedicated parking, but older buildings often do not.

• Residents without dedicated spots may need to find paid street parking or purchase monthly/yearly parking spaces.

• Visitors often find parking difficult due to limited street parking.

• Age of Buildings: Many properties in Bur Dubai are older, which might mean they are not as up-to-date with modern amenities compared to newer developments in Dubai. However, new projects are also emerging in the community.

• Furnished Apartments: Due to the prevalence of older buildings, finding furnished apartments can be challenging.