Several Dubai property owners who invested during the pandemic are now benefiting from the city’s rising property prices, with some earning up to Dh15 million by reselling their units. This trend is particularly strong in prime locations like DIFC, Downtown Dubai, and villa communities, where resale profits have exceeded 30 to 40 percent. Some properties have even doubled in value since 2020.
Investors who upgraded their homes, such as adding landscaping or renovations, have seen even higher returns. For example, villas purchased for Dh8-10 million in areas like Palm Jumeirah have been sold post-upgrades for over Dh50 million.
As property values soar, many sellers are reinvesting their profits into new off-plan developments or upgrading to more premium homes. Experts note, however, that profit margins on villa resales may cool off due to rising developer fees, though smaller units and lofts in prime locations are still yielding high returns.
The demand for sustainable, eco-friendly homes and luxury properties in waterfront locations is also rising, reflecting the shifting preferences of buyers in Dubai’s dynamic real estate market.