Many people today say that Dubai has become expensive. And yes, prices have risen in recent years. But it is important to view these prices in perspective, especially when comparing Dubai to cities like Amsterdam, London, or Paris.
What Do You Get for Your Money?
A good example: a one-bedroom apartment of 80 m2 in a central Amsterdam location can easily cost €1 million today. And this is often for an older building without modern amenities.
For the same amount, you could get a modern apartment with a sea view in Dubai, for example in Emaar Beachfront. This includes access to a gym, sauna, security, parking, and other luxury facilities. All within a brand-new building featuring modern architecture.
Payment Plans Without a Mortgage
Another major advantage is that in Dubai, you often have the option to pay in instalments without needing to arrange a mortgage. This makes the step towards a home or an investment in Dubai more accessible than in many European cities.
Dubai Still Has Growth Potential
It is also good to realise that Dubai has only been open to foreign investors through the so-called “freehold” system since 2002. The real estate market has grown significantly since then, but the city itself is still relatively young and has considerable room for development.
Cities like Amsterdam, Paris, London, and New York have been fully developed for decades or even centuries. Consequently, prices there are structurally high and there is little room for growth.
More Value for Your Money
Despite rising prices, Dubai still offers far greater value for your money. The combination of modern amenities, safety, comfort, and growth potential makes it an interesting option. Compared to Western cities, you simply get more square metres, more luxury, and a more modern living environment for the same price.
Conclusion
Yes, Dubai has become more expensive. But when you look at what you get in return, the comparison with cities like Amsterdam or London often falls in Dubai’s favour. More space, more facilities, and more future potential make it an attractive choice.
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