Ksenia Kolesnikova
Head of Sales, Tranio Middle East
We find the right property, handle legal due diligence, and manage it for you after the deal closes
Ksenia Kolesnikova
Head of Sales, Tranio Middle East
We find the right property, handle legal due diligence, and manage it for you after the deal closes
Luxury apartment prices in Bur Dubai vary significantly depending on the development, apartment size, views, floor level and quality of amenities. The district combines older residential neighbourhoods with a growing selection of newer premium freehold projects, particularly around Al Kifaf. Across Bur Dubai, apartments currently have an average asking price of approximately AED 2.86 million and AED 2,163 per sq. ft., although luxury properties can cost substantially more.
Current apartment listings extend to more than AED 14 million, with the highest prices generally associated with large four-bedroom residences, premium new developments and properties offering extensive terraces or skyline views. Bur Dubai therefore provides a premium segment without reaching the typical pricing of Dubai’s most expensive beachfront districts.
Al Kifaf is the main premium residential area within Bur Dubai. In September 2026, apartment prices averaged approximately AED 2,366 per sq. ft., up about 2.2% year on year. Four-bedroom apartments were significantly more expensive, averaging approximately AED 3,563 per sq. ft.
Current Al Kifaf listings range from approximately AED 1.46 million to more than AED 22.8 million. The average asking price is around AED 3.26 million, while Dubai Land Department data put the average completed apartment transaction at approximately AED 2.86 million during the previous 12 months.
One-bedroom apartments in Al Kifaf have an average transaction price of approximately AED 1.96 million. Two-bedroom properties average around AED 2.71 million, while three-bedroom apartments reach approximately AED 3.87 million. Larger luxury residences can cost considerably more depending on floor area, views and development.
The price per square foot also rises for some larger premium properties. Three-bedroom apartments averaged approximately AED 2,425 per sq. ft. in September 2026, compared with AED 2,377 for one-bedroom units and AED 2,284 for two-bedroom apartments.
Newer projects account for much of Bur Dubai’s higher-priced apartment stock. Current average asking prices are approximately AED 3.09 million in Avenue Park Towers A and AED 3.05 million in 1 Residences 1. Avenue Park Towers B averages around AED 2.89 million, while Park Gate Residence and Park Views Residences generally fall within the AED 2.65–2.79 million range.
Transaction figures are typically lower than advertised asking prices. In Al Kifaf, average completed sales were approximately AED 2.79 million in Park Gate Residence, AED 2.74 million in Park Views Residences and AED 2.65 million in Avenue Park Towers 2.
New construction, developer reputation, apartment size and amenities are among the strongest pricing factors. Higher floors, views of Zabeel Park or the Dubai skyline, large balconies, multiple parking spaces and premium interior specifications can all increase values.
Location is also important. Properties near Zabeel Park, Dubai Frame, Metro stations and Sheikh Zayed Road generally command premiums because they combine central connectivity with newer residential infrastructure. Buyers should compare recent transactions within the same building, as luxury apartments in neighbouring developments can have significantly different prices despite sharing the same Bur Dubai location.
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3 years ago, when buyers discovered the Dubai market, a massive inflow of capital flooded into the region. Today, however, we are witnessing market maturity: demand has become more deliberate, the real estate sector is stabilising, and some potential investors in the UAE have started exploring alternatives in Oman and Saudi Arabia markets, which now offer new investment residency programmes.
Ksenia Kolesnikova, Head of Sales at Tranio in the MENA region
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