Historic Commercial District · Dubai
Deira is the historic commercial heart of Dubai, located on the north bank of the Dubai Creek. It's one of the city's most affordable areas offering high rental yields (7–10%) driven by its large working population, Gold and Spice Souks, and the busy Naif and Rigga commercial zones.
Deira is undergoing significant renewal with Nakheel's Deira Islands mega-project expanding the coastal area. The upcoming Gold Line Metro extension will further improve connectivity. For investors seeking maximum yield in a built-up, liquid market, Deira consistently outperforms Dubai's headline luxury areas.
| Unit Type | Purchase Price | Annual Rent | Gross Yield |
|---|---|---|---|
| Studio | AED 370,000 | AED 35,000/yr | 9.5% |
| 1 Bedroom | AED 560,000 | AED 52,000/yr | 9.3% |
| 2 Bedrooms | AED 850,000 | AED 78,000/yr | 9.2% |