Dubai: The Second Ibiza?

Paradiso Dubai

(Or perhaps The New Ibiza?) While Ibiza has been known for years as the place for sun, luxury and world-famous beach clubs, the spotlight is increasingly shifting to a new destination: Dubai.

With an explosion of international brands, exclusive beach concepts, and world-class nightlife, Dubai is repositioning itself as the "Ibiza of the Middle East."

International lifestyle brands set up shop in Dubai

In recent years, we've seen a striking trend: renowned European and global brands are opening flagship locations in Dubai. Think of:

• O Beach Dubai

• Pacha

• Nikki Beach Dubai

• Ushuaïa Dubai Harbour

  
  

Why the shift from Ibiza to Dubai?

• The climate: Always guaranteed sunshine, and the exact opposite of Ibiza's peak season. When Ibiza closes, Dubai opens!

• The infrastructure : everything is new, sleek and high-end designed

• International mix of visitors from Europe, the Middle East and Asia

• Lifestyle shift: many Ibiza goers now winter in Dubai.

Het wereldberoemde Ushuaïa opende vorig jaar haar deuren in Dubai.

What does this say about real estate?

• Huge demand for short-term rentals in areas such as Palm Jumeirah, JBR and Dubai Marina.

• Hospitality brands are actively requesting locations in new mixed-use projects

Ook O Beach opende vorig jaar haar deuren in Dubai.

Real estate prices: Dubai vs. Ibiza

• Ibiza: Average prices are around €6,800 per m² for apartments and €8,900 per m² for houses . In popular areas and for luxury villas, prices often exceed €10,000 per m². Returns are attractive in the summer, but rental periods are limited to a few months per year. Engel & Völkers, 2025 .

  
  

• Dubai: Luxury apartments in prime neighborhoods start from around €5,500–€6,000 per square meter . For the price you'd pay for a small apartment in Ibiza, you can often get a spacious apartment with a sea view and access to five-star amenities in Dubai.

While investors in Spain often face complex regulations and endless bureaucracy, Dubai excels in clear and tightly regulated frameworks. This ensures speed, predictability, and transparency.

Questions about investing in real estate in Dubai? Contact Daan Welvaart at daan@mijnhuisindubai.com or send a WhatsApp message .