There has been a shift in moving trends in Dubai in the first quarter of 2017. Residents are increasingly choosing to move to suburban areas instead of the built-up high rise communities, to areas such as Dubailand and Silicon Oasis.
Service Market’s bi-annual moving trends report monitors Dubai’s moving trends, and collects data of the number of moving house quotes they receive.
In Q1 2016, residents moving into Dubai Marina and Downtown made up almost a fifth (19%) of all moves within Dubai.
This year, however, Dubailand emerged as the most popular destination with an inflow of 13%, followed by Dubai Marina/JBR, Downtown, Barsha Heights and Silicon Oasis.
Top 5 most popular areas in Dubai:
2016 |
2017 |
1 Dubai Marina/JBR |
1 Dubailand |
2 Downtown/DIFC |
2 Dubai Marina/JBR |
3 Jumeirah Village |
3 Downtown/DIFC |
4 Sports & Motor City |
4 Barsha Heights/Greens |
5 Dubailand |
5 Silicon Oasis |
Dubailand is still under development but looks to become one of Dubai’s most popular areas. Located just off Sheikh Mohammad Bin Zayed Road, it moved from fifth place (5%) in the first quarter of 2016, to first place in the first quarter of 2017. The most common community to move to within Dubailand is the Mira community, followed by Remraam, Mudon and The Villas.
These suburban areas have become more attractive as prices for freehold properties tend to be much lower than areas such as Dubai Marina, and there are new shopping malls, schools and facilities, plus there is the added bonus of less traffic.
Service Market’s Dubai Moving Trends analysis shows:
- In the last three years, Dubai Marina/JBR, Downtown, and Barsha Heights/The Greens have been the 5 most popular areas.
- Silicon Oasis is gaining popularity, from 11th place in Q1 2016 to 5th place in Q1 2017.
- Around 30% moved within the same neighbourhood.
- More than 60% of the moving-in activity took place in just 10 Dubai areas.
To view the full report, register here.
See also:
Cluttons reports Dubai market corrections set to stabilise for residential rent and purchase prices
Dubai reveals top 10 nationalities that invested AED151 billion in real estate
Cityscape Global 2017 off-plan unit sales triple in one year