Off-plan apartments in Warsan Fourth, Dubai

Everything here is an apartment, starting at around $150K, with nothing on the list above half a million.

The demand side needs little explanation. The neighbouring districts have housed budget tenants for twenty years, so a new building here is not creating demand but offering a better version of what those tenants already rent. The question is never whether someone will take it, only what they will pay.

Being new is the advantage. A recent building with working lifts, proper parking and a gym competes well against blocks nearby that went up quickly and cheaply, and it can usually ask a little more while staying inside the same budget band. Deposits from 5% keep the entry cost low and handover runs to 2028, so the outlay is spread rather than immediate. Service charges are worth checking before signing anywhere in this price band, because at these rents they take a visible bite out of the yield and they vary more between buildings than the purchase prices do. The figures for each launch are shown above.