Dubai - Arabstoday
Dubai’s real estate market may be showing signs of price stability, according to some property analysts, but a review of the listings shows homes can still be snapped up for as little as $40,000. We’ve broken down our list to show what is available in the various districts of Dubai, from high-end luxury to International City, and further afield in Ajman and Sharjah. From a sales perspective, owners in luxury developments are still aiming high. Those looking to snap up an apartment in Palm Jumeirah’s Shoreline can still expect to pay more than AED825,000 ($220,000) – despite the highly-publicised row between homeowners and Nakheel over the developer’s plan to privatise the beach clubs. For homeowners in midmarket developments, prices are looking less robust. In International City, studios are on offer for less than AED150,000.