Authored by the expert who managed and guided the team behind the Ireland Property Pack
Yes, the analysis of Dublin's property market is included in our pack
Where are the best places to invest in Dublin right now? Is the city center still the top pick, or are areas like Rathmines, Drumcondra, and Blackrock gaining ground? What makes these locations attractive to both local and foreign investors?
We’re often asked these questions because we work directly with notaries, real estate agents, and clients who invest across the city. Our firsthand experience in these markets gives us unique insights into where the real opportunities lie. To save everyone from asking privately, we’ve written this article to share our knowledge broadly.
Our goal is to highlight the hottest markets in Dublin and explain why they’re worth your attention in 2025.
If you have suggestions or want us to dive deeper into a specific area, let us know. You shoot an email, we answer within 24 hours.
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1) Portobello is gaining interest for its charming period homes and strong rental market, popular with young couples
Portobello is catching eyes for its charming period homes and vibrant rental market, especially among young couples.
In 2023, the Dublin 8 area, which includes Portobello, saw homes selling for 9% over the asking price. This shows just how in-demand the area is, with one standout sale on Raymond Street going for 27% above asking price in just four weeks.
The rental scene in Dublin, including Portobello, is thriving. While exact figures for Portobello aren't available, Dublin's average gross rental yield is 7.33%, and 2-bedroom apartments are even higher at 8.22%. This makes it a hot spot for young couples seeking both a home and an investment.
Young couples are flocking to Dublin, drawn by the allure of period homes, and Portobello is right in the mix. In Dublin 8, 93% of owner-occupiers are first-time buyers, underscoring the area's appeal to this group.
Portobello's charm isn't just in its homes; it's in the lifestyle it offers. The area is known for its vibrant community, trendy cafes, and scenic canal walks, making it a perfect fit for young couples looking to settle down.
With its strong rental yields and the appeal of period homes, Portobello is more than just a place to live; it's a smart investment for those looking to tap into Dublin's dynamic property market.
Sources: Owen Reilly, Global Property Guide, Irish Times
2) Ranelagh is popular for its upscale properties and steady rental demand from professionals
Ranelagh is a hotspot for high-end properties, attracting both buyers and renters with its upscale charm.
In 2023 and 2024, the area stood out for its luxurious and pricey real estate. For instance, a one-bedroom apartment in Sandford Lodge goes for €2,500 a month, which is quite steep compared to other parts of Dublin. This price tag reflects the area's exclusivity and appeal.
Rental properties in Ranelagh don't stay vacant for long, highlighting the strong demand from renters. A studio flat on Richmond Hill, for example, rents for €1,600 per month, and it gets snapped up quickly, showing just how popular the area is.
Ranelagh's appeal is boosted by its proximity to Dublin's major business districts and tech hubs. With big names like Google and Facebook nearby, professionals are drawn to the area for its high-quality living conditions and convenience.
Commuting is a breeze thanks to excellent public transport links, including the Luas tram service. This ease of access further fuels the rental demand among professionals. Plus, the area is home to top-notch schools and amenities, like trendy cafes and restaurants, making it a hit with families and professionals alike.
Sources: Daft.ie, DoorLoop, Spotahome
We made this infographic to show you how property prices in Ireland compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
3) Rathmines is thriving with strong rental demand from students and young families due to its vibrant community and amenities
Rathmines is a hotspot for renters, especially students and young families, thanks to its lively community and amenities.
In recent years, rent levels in Rathmines have surged, as shown by the RTB Rent Index Report. This uptick highlights the strong demand for rental properties, with occupancy rates remaining high as more people flock to the area. Renting a one-bedroom apartment here can cost up to €1,800 per month, making it competitive with other Dublin neighborhoods.
Rathmines is conveniently close to educational institutions like Rathmines College of Further Education and Alexandra College, making it a prime spot for students. This easy access to education fuels the demand for student housing. The area is also home to a vibrant young population, including students and young professionals, which suggests a significant presence of young families.
Local amenities are a big draw in Rathmines. The area buzzes with life, especially during evenings and weekends, thanks to its many cafes, restaurants, and cultural spots that appeal to young residents. The excellent public transport links make it easy for residents to get around the city, adding to the area's allure.
Rathmines offers a unique blend of urban living with a community feel, making it a top choice for those seeking a dynamic lifestyle. The combination of educational opportunities, vibrant nightlife, and convenient transport options makes it a magnet for students and young families alike.
With its strong rental demand and lively atmosphere, Rathmines continues to attract a diverse crowd, ensuring its place as one of Dublin's most sought-after neighborhoods.
Sources: RTB, WhichCollege.ie, HeyDublin
4) Cabra is gaining interest from first-time buyers with its competitive prices and expanding public transport options
Cabra is catching the eye of first-time homebuyers for a couple of compelling reasons.
One major factor is the competitive property prices in Cabra. While Dublin's property market has been on the rise, especially in 2023 and 2024, Cabra has managed to keep its prices more affordable compared to other Dublin neighborhoods. This affordability makes it a prime spot for those looking to enter the property market without breaking the bank.
Another big draw is the expanding public transport options in the area. There's talk of a new train station in Cabra, which would link up with the existing rail network and the DART+ South West project. This would mean a significant boost in passenger capacity, making commuting a breeze for residents. For first-time buyers, this kind of convenience and accessibility is a huge plus.
The government's backing of these transport projects is also worth noting. Their support signals a commitment to improving Cabra's infrastructure, which not only enhances the area's appeal but also gives potential buyers confidence in the neighborhood's future. This kind of development is a strong indicator that Cabra is on an upward trajectory.
All these elements combined make Cabra a very attractive option for first-time buyers. The mix of affordable housing and improved transport links is hard to resist, especially for those eager to get a foothold in the Dublin property market.
With these factors in play, it's no wonder that Cabra is becoming a hotspot for those looking to buy their first home. The neighborhood offers a unique blend of affordability and convenience that is hard to find elsewhere in Dublin.
Sources: Dublin Property Market Price Watch, Study underway for potential new train station in Cabra
5) Clontarf is attracting families and investors with its seaside location and steady property appreciation
Clontarf is a charming seaside neighborhood that attracts both families and investors.
Families love Clontarf for its easy access to parks and the River Liffey, offering a lifestyle that's hard to beat. The area is perfect for those seeking a high quality of life, with plenty of activities and a welcoming community vibe.
Investors are drawn to Clontarf because of its consistent property price appreciation. It's one of Dublin's pricier spots for three-bedroom homes, showing strong demand and steady growth. This trend is likely to continue, making it a smart investment choice.
Rental properties in Clontarf offer strong rental yields, thanks to the area's low vacancy rates. This high demand makes it a stable and profitable place to invest, with the added bonus of local government efforts to improve schools, parks, and public transport.
Clontarf's seaside location not only enhances its appeal but also contributes to its steady property appreciation. The neighborhood's desirability is expected to keep property values on the rise, benefiting both current and future investors.
With its unique blend of lifestyle and investment potential, Clontarf is a prime choice for families and investors alike, offering a vibrant community and promising returns.
Sources: Unique Media, Clontarf Castle, Global Property Guide
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6) Drumcondra is gaining interest for its affordable homes and excellent connectivity to Dublin's business districts
Drumcondra is gaining popularity among homebuyers for its affordability and excellent connectivity.
With the housing market in Dublin shifting, many buyers are seeking more budget-friendly areas, and Drumcondra fits the bill perfectly. The demand for homes in Dublin has seen a dip, pushing people to explore neighborhoods like Drumcondra that offer more value for money. This trend is particularly appealing to first-time buyers and young families looking for a balance between cost and convenience.
Public transport in Dublin is almost back to pre-pandemic levels, making areas with good links, like Drumcondra, even more attractive. Drumcondra's excellent connectivity to Dublin's business districts means residents can enjoy a hassle-free commute. This is a big draw for professionals who work in the city but prefer to live in a quieter, more affordable area.
Drumcondra's proximity to Dublin City Centre is another major advantage. Being close to the city center, a major business hub, naturally attracts professionals who want to minimize their commute. The area offers a perfect blend of suburban tranquility and urban accessibility, making it a sought-after location for those who work in the city.
The Dublin City Development Plan emphasizes the need for more housing, and Drumcondra is well-positioned to meet this demand. Its strategic location and affordable housing options make it a prime candidate for development and investment. This has led to increased interest from both local and international buyers looking to capitalize on the area's potential.
For anyone considering a move, Drumcondra offers a unique combination of affordability, convenience, and proximity to Dublin's vibrant city life. It's a neighborhood that promises growth and opportunity, making it an ideal choice for homebuyers looking to invest in their future.
Sources: Global Property Guide, Dublin Public Transport, Dublin City Council
7) Harold's Cross is gaining popularity for its affordable homes and closeness to the city center, ideal for first-time buyers
Harold's Cross is gaining traction for its affordable housing and proximity to Dublin's city center.
While property prices in Dublin have been climbing, Harold's Cross has seen a more modest increase, making it a sweet spot for first-time buyers. This neighborhood offers a chance to enter the housing market without breaking the bank.
Local real estate agents are buzzing about the growing demand for homes in Harold's Cross. Its convenient location near the city center and excellent public transport links make it a hit with commuters and young professionals.
The area has undergone a facelift with new shops, restaurants, and community facilities, boosting its appeal. These improvements have made life more enjoyable for residents and have attracted a wave of young professionals.
Harold's Cross is becoming a hotspot for first-time buyers, thanks to its blend of affordability and urban convenience. The neighborhood's charm is hard to resist, especially for those looking to settle close to the city.
With its vibrant community and strategic location, Harold's Cross is a rising star in Dublin's property market, drawing in those eager to invest in a promising area.
Sources: Central Statistics Office Ireland, KBD Property
8) Inchicore is gaining interest for its potential property value growth, fueled by planned infrastructure upgrades
Inchicore is quickly becoming a prime spot for property buyers thanks to upcoming public transport expansions.
With new Luas lines and stations on the horizon, connectivity and accessibility in Inchicore are set to improve significantly. This makes the area more attractive to potential buyers, as better transport links often lead to higher property values, a trend observed in other parts of Dublin.
The Irish government is backing this trend with a strong commitment to infrastructure investments. Over the last ten years, there's been a notable increase in spending on housing and infrastructure, showing a clear focus on enhancing the housing market. Such investments are expected to boost property values in Inchicore.
Real estate analysts are optimistic about Inchicore's growth, largely due to these planned infrastructure upgrades. Their reports indicate that while the Irish property market is stabilizing, localized demand in areas with new developments, like Inchicore, will continue to drive growth.
This aligns with historical trends where similar improvements have led to property value increases in other neighborhoods. Inchicore's potential for property value growth is evident, driven by these infrastructure plans.
Sources: Global Property Guide, Central Bank of Ireland, The Luxury Playbook
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Ireland. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
9) Phibsborough is booming with rising property values thanks to its city center proximity and new transport links
Phibsborough is seeing a significant rise in property values due to its strategic location and improved transport links.
Being so close to Dublin city center, Phibsborough offers the convenience of city living without the hustle and bustle. It's just a short walk or a quick ride on the well-connected buses and LUAS tram system, making it a prime spot for those who work or play in the city.
The recent completion of the Luas Cross City line has made commuting even easier, adding to the area's charm. This new transport link has not only boosted the area's accessibility but also caught the attention of real estate agencies, marking Phibsborough as a property hotspot.
Urban development projects are also playing a big role in Phibsborough's appeal. Plans to redevelop key sites like the Phibsborough Shopping Centre and the Mountjoy prison complex are underway, promising to enhance community and social services in the area.
These developments are expected to make Phibsborough an even more desirable place to live, attracting more buyers and driving up property demand. The ongoing investments in local infrastructure are a testament to the area's growing popularity.
With all these factors combined, Phibsborough is not just a place to live; it's becoming a vibrant community with a promising future. The area's transformation is a clear indicator of its potential for long-term property appreciation.
Sources: Unique Media, Dublin City, TASC
10) Smithfield is gaining attention with its regeneration projects and cultural attractions appealing to investors
Smithfield is quickly becoming a hotspot for investors.
In 2024, property prices in Smithfield rose by 5%, which is more than double the growth rate from the previous year. This surge in property values is a clear sign of the area's growing appeal. The increase in property prices is not just a number; it reflects the demand and potential for future growth in Smithfield.
One of the driving forces behind this trend is the increased investment in local infrastructure and amenities. The Dublin City Development Plan 2022-2028 has laid out ambitious regeneration strategies for Smithfield. Projects like the ‘Dubline’ aim to enhance visitor attractions and public spaces, making the area more inviting for both residents and tourists. These efforts are part of a larger plan to breathe new life into Smithfield.
Smithfield's charm is further amplified by its cultural attractions, such as the Jameson Distillery. These attractions not only draw tourists but also create a lively atmosphere that media outlets frequently spotlight. The buzz around these cultural spots underscores Smithfield's potential for growth and investment.
Moreover, the ongoing regeneration efforts are attracting new businesses and restaurants to the area. This influx of new enterprises is boosting economic activity and making Smithfield even more appealing to investors. The combination of cultural vibrancy and economic growth is a winning formula for those looking to invest.
With all these elements in play, it's no wonder that Smithfield is catching the eye of savvy investors. The area's transformation is not just about numbers; it's about creating a dynamic and attractive environment for living and investing.
Sources: KBD.ie, Dublin City Development Plan
11) Stoneybatter is attracting young professionals with its trendy vibe and high rental yields
Stoneybatter is catching eyes for its high rental yields, making it a hot spot for investors.
In recent years, a 2-bedroom property here could bring in a gross rental yield of 5-7%. This is quite appealing, especially when you consider other Dublin areas like Dublin 10, which had a yield of 9.4% for similar properties in 2024. But Stoneybatter offers more than just numbers; it's the vibe that seals the deal.
Property prices in Stoneybatter are on the rise, showing its growing popularity. The median house price is €385,000, a clear sign of strong interest and investment. This trend fits with the overall increase in Dublin's property prices, which saw an 8.4% rise year on year. It's not just about the money; it's about being part of something exciting.
Stoneybatter's trendy vibe is a magnet for young professionals. Named one of the 50 coolest neighborhoods in the world by Time Out magazine in 2022, it keeps drawing attention with cultural events like the Stoneybatter Pride of Place Festival. Social media buzzes with highlights of local spots, adding to its charm.
Imagine living in a place where every corner has a story, from cozy cafes to vibrant street art. It's not just a neighborhood; it's a lifestyle. The mix of old and new, traditional and trendy, makes Stoneybatter a unique place to call home.
For those looking to invest or settle down, Stoneybatter offers a blend of financial opportunity and cultural richness. It's a place where you can enjoy a good return on investment while being part of a lively community.
Sources: Novellus Finance, Char Food Guide, Ireland.com
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12) Terenure is gaining interest for its family-friendly vibe and strong schools, driving up property values
Terenure is becoming a top choice for families looking for a great place to live.
One big reason is the rising property prices in the area. As more people want to settle here, prices naturally go up. Families are especially drawn to Terenure because it offers a desirable living environment.
Another major draw is the strong local schools. While we don't have exact enrollment numbers, it's clear that good schools attract families. This is a common trend in Dublin, where education is a top priority for families choosing a place to live.
High-performing schools in Terenure likely play a big role in boosting property values as families seek out these educational opportunities. Real estate reports and media coverage often highlight Terenure as a desirable location for families.
These reports frequently mention the family-friendly environment and strong schools, which are significant draws for families. This kind of attention can further increase demand and, consequently, property values.
Sources: Unique Media, The Irish Times, Proper.ie
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility. Finally, please note that we are not affiliated to any of the sources provided. Our analysis remains then 100% impartial.