United Arab Emirates House Prices, Rents & Rental Yields (2026)
How much property costs in United Arab Emirates, what it rents for and how that compares with neighbouring markets in Western Asia. City-centre prices per m² rank 3 of 10 in this comparison; gross yields rank 1 of 10.
- Apartment price per m² (city centre)
- $4,641
- 2023
- Apartment price per m² (outside centre)
- $2,982
- 2023
- Gross rental yield (city centre)
- 12.3%
- 2024
- Price-to-income ratio
- 4.2
- 2024
- Rent: 1-bedroom, city centre
- $1,760/mo
- 2023
- Mortgage interest rate (20-year fixed)
- 4.8%
- 2023
Price and rent trends in United Arab Emirates
Latest property market indicators
| Indicator | Value | Year | Change | Source |
|---|---|---|---|---|
| Apartment price per m² (city centre)Average asking price per square metre to buy an apartment in city centres | $4,641 | 2023 | +102.7% vs 2022 | Numbeo |
| Apartment price per m² (outside centre)Average price per square metre to buy an apartment outside city centres | $2,982 | 2023 | +69.4% vs 2022 | Numbeo |
| Price-to-income ratioMedian apartment price divided by median annual disposable family income | 4.2 | 2024 | +40.0% vs 2023 | Numbeo |
| Gross rental yield (city centre)Annual rent as a percentage of purchase price, city-centre apartments | 12.3% | 2024 | +0.1 pp vs 2023 | Numbeo |
| Price-to-rent ratio (city centre)Purchase price divided by annual rent, city-centre apartments | 8.1 | 2024 | -1.2% vs 2023 | Numbeo |
| Rent: 1-bedroom, city centreAverage monthly rent of a one-bedroom apartment in the city centre | $1,760/mo | 2023 | +33.3% vs 2022 | Numbeo |
| Rent: 1-bedroom, outside centreAverage monthly rent of a one-bedroom apartment outside the centre | $1,109/mo | 2023 | +30.6% vs 2022 | Numbeo |
| Rent: 3-bedroom, city centreAverage monthly rent of a three-bedroom apartment in the city centre | $3,318/mo | 2023 | +57.9% vs 2022 | Numbeo |
| Rent: 3-bedroom, outside centreAverage monthly rent of a three-bedroom apartment outside the centre | $2,230/mo | 2023 | +45.0% vs 2022 | Numbeo |
| Mortgage interest rate (20-year fixed)Average yearly mortgage interest rate, 20-year fixed | 4.8% | 2023 | +1.5 pp vs 2022 | Numbeo |
Year-by-year data
| Year | Apartment price per m² (city centre) | Apartment price per m² (outside centre) | Price-to-income ratio | Gross rental yield (city centre) | Price-to-rent ratio (city centre) | Rent: 1-bedroom, city centre | Rent: 1-bedroom, outside centre | Rent: 3-bedroom, city centre | Rent: 3-bedroom, outside centre | Mortgage interest rate (20-year fixed) |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | — | — | 4.2 | 12.3% | 8.1 | — | — | — | — | — |
| 2023 | $4,641 | $2,982 | 3 | 12.2% | 8.2 | $1,760/mo | $1,109/mo | $3,318/mo | $2,230/mo | 4.8% |
| 2022 | $2,290 | $1,760 | 4.4 | 12.1% | 8.3 | $1,320/mo | $850/mo | $2,101/mo | $1,538/mo | 3.3% |
| 2021 | $3,149 | $2,324 | 4.9 | 9.2% | 10.9 | $1,546/mo | $987/mo | $2,294/mo | $1,551/mo | 4.0% |
| 2020 | $3,300 | $2,118 | 5.3 | 9.0% | 11.1 | $1,455/mo | $1,002/mo | $2,715/mo | $1,946/mo | 4.2% |
| 2019 | $3,451 | $2,334 | 4.4 | 10.2% | 9.8 | $1,474/mo | $977/mo | $2,729/mo | $1,907/mo | 4.3% |
| 2018 | $3,636 | $2,367 | 4.9 | 10.3% | 9.7 | $1,493/mo | $992/mo | $2,674/mo | $1,986/mo | 4.1% |
| 2017 | $3,878 | $2,601 | 5.6 | 9.7% | 10.3 | $1,840/mo | $1,306/mo | $3,552/mo | $2,626/mo | 4.2% |
United Arab Emirates compared with Western Asia
| Country | Apartment price per m² (city centre) | Gross rental yield (city centre) | Price-to-income ratio | Mortgage interest rate (20-year fixed) |
|---|---|---|---|---|
| United Arab Emirates | $4,641 | 12.3% | 4.2 | 4.8% |
| Armenia | $3,156 | 6.3% | 17 | 13.8% |
| Azerbaijan | $1,700 | 5.3% | 14.4 | 9.1% |
| Cyprus | $3,682 | 6.9% | 8.1 | 4.3% |
| Georgia | $1,577 | 8.5% | 13 | 11.8% |
| Iraq | $1,202 | 6.4% | 8 | — |
| Israel | $12,224 | 3.2% | 14.2 | 5.1% |
| Jordan | $903 | 5.7% | 7.5 | 8.0% |
| Kuwait | $6,239 | 3.5% | 7.7 | — |
| Lebanon | $3,450 | 4.8% | 27.4 | — |
Related
- Properties for sale in United Arab Emirates (27,180)
- Mortgages in United Arab Emirates for foreigners
- United Arab Emirates market overview
- Tax rates in United Arab Emirates
Prices, rents, yields and mortgage rates: Numbeo (crowd-sourced, national averages of city data). Values in US dollars.