For tourists, Deira is one of Dubai’s attractions – here you can cross the Dubai Creek on traditional boats and visit Dubai’s old town and museums worth seeing. There is also an important port here, where many cruise ships dock. Deira is located on Dubai Creek, but also offers beautiful stretches of coastline itself, where renowned 4-star hotels are located.
Real Estate in Deira, Dubai
★★★★★ Rated 3.5 out of 5
Location
★★★★★ Rated 3 out of 5
Trend
★★★★★ Rated 4 out of 5
Price/ Performance
★★★★★ Rated 3 out of 5
Prices
New building from 4000 € /m²
Stock from 2500 € /m²
Rent
New building from 30 € /m²
Stock from 10 €/m²
Yield
New building 9%
Stock 4,8 %
Old Dubai is a fascinating place, which is reminiscent of the origins of Dubai and is very rich in history. The Gold Souk, the Spice Souk and the many traditional stores and restaurants make the dream of 1001 nights come true. There are also new construction projects in Deira such as the "Palm Deira" - however, these projects are still in the planning stage or have not yet been completed. In Deira there is a colorful and lively business hustle and bustle. Mainly people with low to medium incomes live here. The expectations for Deira are high and at the same time the original spirit of Dubai is preserved.
Advantages
District with potential and exciting future projects
Close to the airport (DXB)
Dubai Creek location
Banking district
Business Hotels
Old town Dubai with tourist attractions