Studios in new buildings
For AED 1 million, you can buy a studio in a modern residential complex in areas such as Jumeirah Village Circle (JVC), Arjan, Dubai Sports City and Al Furjan. The area of such properties is usually between 35 and 45 square meters. Most studios are located on medium or high floors with good views. Built in 2024 or 2025, these studios range in price from AED 750,000 to AED 900,000.
One-Bedroom Apartments
If you’re willing to explore more remote areas, AED 1 million will get you a one-bedroom apartment of 55–70 square meters. These options are available in Arjan, Dubai South, and International City. In some cases, these are homes built before 2020, which may require some renovation or furnishing. These properties range in price from AED 900,000 to AED 1,000,000.
Off-Plan Projects from Developers
If you’re looking to invest 1 million AED Dubai for capital growth, you might want to consider off-plan projects. In Town Square, Dubai South, and Dubailand, you can find offers with installments until 2027. The down payment is typically 10–20%, with the rest paid in installments. Such properties have the potential to appreciate in value by 20–30% by the time they are completed.