Dubai vs Global Cities: Property Market Comparison
Dubai's property market offers unique advantages compared to other global cities. Let's explore how Dubai stacks up against major international real estate markets across key metrics.
Rental Yields
Dubai
6-8% average rental yield
Up to 10% in prime areas
London2-4%
New York2-3%
Hong Kong2-3%
Property Taxes
Dubai
No property tax
No capital gains tax
LondonUp to 12% stamp duty
New York1-2% property tax
SingaporeUp to 4% property tax
Price per Square Foot Comparison
Prime Areas
Dubai (Downtown)$550-700/sq.ft
London (Central)$1,500-2,000/sq.ft
New York (Manhattan)$1,800-2,500/sq.ft
Hong Kong (Central)$2,000-3,000/sq.ft
Luxury Segment
Dubai (Palm Jumeirah)$800-1,200/sq.ft
London (Mayfair)$3,000-4,000/sq.ft
New York (Upper East)$3,500-4,500/sq.ft
Hong Kong (Peak)$4,000-5,000/sq.ft
