Bur Dubai

Located off the coast of Dubai Maritime City, you will find Bur Dubai. This area, along with the Deira neighborhood, is known as Old Dubai. Inhabited mainly by locals, this area is attractive to tourists who like to stay in a traditional environment.

General information

Bur Dubai is one of Dubai's most historic and vibrant neighborhoods, located on the western bank of the Dubai Creek. This area offers a fascinating mix of old and new, where traditional Arab culture meets modern amenities. Walking through the narrow alleys of the Al Fahidi Historic District feels like a trip back in time, with sand-colored buildings, wind towers and picturesque courtyards reflecting the city's rich heritage.

The district is also home to the Grand Mosque with its impressive minaret, the tallest in Dubai, and the textile souk, where the colors and patterns of fabrics tantalize your senses. For a unique experience, you can take an abra, a traditional wooden boat, for a trip across the creek, which gives you stunning views of both historic and modern Dubai.

Bur Dubai is not only a place for history and culture, but also for culinary delights. From delicious street food stalls to upscale restaurants, the district offers a wide range of eateries where you can enjoy the flavors of the Middle East and beyond.

In short, Bur Dubai is an exciting destination that offers visitors a glimpse of authentic Dubai, far away from the glittering skyscrapers and luxury shopping malls, but right in the heart of the city's traditional charm and vibrancy.

ROI and capital appreciation

Returns and appreciation in Bur Dubai are moderate. This is due to the fact that there has been little new development for ages and also due to the fact that this area is home to the locals. The villas and 2- and 3-bedroom apartments generate the best ROIs in this area. It is recommended to rent the properties short-term. The villas are sold from €2,000,000, 2-bedroom apartments from €300,000 and the 3-bedroom apartments from €500,000. In Bur Dubai, almost all real estate is leasehold and not freehold.

Off-plan 

New construction in this region will experience an increase in value between 20% and 40% during the construction phase, which is usually 3 years. Net rental yields on the initial investment will be between 5% and 7%. After completion, the increase in value in this region will be zero, as it is leasehold.

Ready built 

Existing construction in this region will experience a small increase in value because it is leasehold.

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