Dubai Rental Prices for 2015

Dubai Rental Prices for 2015

Dubai Property Rental Prices 2015

Rental prices across a range of areas in Dubai have dropped in 2015, some remain unchanged with a handful of areas recording price increases. Here we go through the rental you can typically expect to achieve in a variety of popular areas around the Emirate of Dubai. The picture above shows the Jumeirah Golf Estates villas development where rental prices are down by 7%.

Sheikh Zayed Road apartments rental prices: Q2-Q3 2015 down 3%. Q3 2014-Q3 2015 down 7%. Studio – Dh55,000-Dh80,000. 1BR – Dh80,000-Dh120,000. 2BR – Dh115,000-Dh160,000. 3BR – Dh150,000-Dh220,000.

Deira apartments rental prices: Q2-Q3 2015 up 2%. Q3 2014-Q3 2015 down 6%. Studio – Dh35,000-Dh55,000. 1BR – Dh40,000-Dh85,000. 2BR – Dh70,000-Dh115,000. 3BR – Dh80,000-Dh145,000.

Business Bay apartments rental prices: Q2-Q3 2015 up 1%. Q3 2014-Q3 2015 down 2%. Studio – Dh65,000-Dh85,000. 1BR – Dh70,000-Dh110,000. 2BR – Dh110,000-Dh145,000. 3BR – Dh165,000-Dh190,000.

Discovery Gardens apartments rental prices: Q2-Q3 2015 up 2%. Q3 2014-Q3 2015 up 2%. Studio – Dh45,000-Dh58,000. 1BR – Dh68,000-Dh75,000. 2BR – Dh79,000-Dh81,000.

DIFC apartments rental prices: Q2-Q3 2015 no change. Q3 2014-Q3 2015 down 4%. Studio – Dh75,000-Dh100,000. 1BR – Dh90,000-Dh130,000. 2BR – Dh130,000-Dh185,000. 3BR – Dh170,000-Dh270,000.

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Jumeirah Beach Residence apartments rental prices: Q2-Q3 2015 no change. Q3 2014-Q3 2015 down 6%. Studio – Dh80,000-Dh90,000. 1BR – Dh90,000-Dh140,000. 2BR – Dh125,000-Dh160,000. 3BR – Dh150,000-Dh215,000.

Downtown Dubai apartments rental prices: Q2-Q3 2015 no change. Q3 2014-Q3 2015 down 5%. Studio – Dh70,000-Dh90,000. 1BR – Dh95,000-Dh115,000. 2BR – Dh135,000-Dh170,000. 3BR – Dh210,000-Dh290,000.

Dubai Marina apartments rental prices: Q2-Q3 2015 down 1%. Q3 2014-Q3 2015 down 6%. Studio – Dh55,000-Dh80,000. 1BR – Dh70,000-Dh130,000. 2BR – Dh95,000-Dh210,000. 3BR – Dh150,000-Dh250,000.

Greens apartments rental prices: Q2-Q3 2015 up 1%. Q3 2014-Q3 2015 up 3%. Studio – Dh60,000-Dh80,000. 1BR – Dh80,000-Dh110,000. 2BR – Dh120,000-Dh160,000. 3BR – Dh155,000-Dh200,000.

International City apartments rental prices: Q2-Q3 2015 no change. Q3 2014-Q3 2015 no change. Studio – Dh30,000-Dh40,000. 1BR – Dh42,000-Dh50,000. 2BR – Dh60,000-Dh72,000.

Jumeirah Village apartments rental prices: Q2-Q3 2015 down 1%. Q3 2014-Q3 2015 down 2%. Studio – Dh40,000-Dh55,000. 1BR – Dh55,000-Dh80,000. 2BR – Dh85,000-Dh115,000. 3BR – Dh120,000-Dh150,000.

Jumeirah Lakes Towers apartments rental prices: Q2-Q3 2015 down 2%. Q3 2014-Q3 2015 down 6%. Studio – Dh55,000-Dh70,000. 1BR – Dh70,000-Dh110,000. 2BR – Dh95,000-Dh160,000. 3BR – Dh145,000-Dh175,000.

Palm Jumeirah apartments rental prices: Q2-Q3 2015 no change. Q3 2014-Q3 2015 no change. Studio – Dh75,000-Dh110,000. 1BR – Dh120,000-Dh180,000. 2BR – Dh145,000-Dh250,000. 3BR – Dh170,000-Dh335,000.

The Arabian Ranches villas rental prices: Q2-Q3 2015 down 2%. Q3 2014-Q3 2015 down 13%. 2BR – Dh140,000-Dh185,000. 3BR – Dh160,000-Dh260,000. 4BR – Dh190,000-Dh300,000. 5BR – Dh240,000-Dh340,000.

Victory Heights, Dubai Sports City villas rental prices: Q2-Q3 2015 down 1%. Q3 2014-Q3 2015 down 2%. 3BR – Dh170,000-Dh200,000. 4BR – Dh190,000-Dh250,000. 5BR – Dh260,000-Dh400,000.

Palm Jumeirah villas rental prices: Q2-Q3 2015 up 3%. Q3 2014-Q3 2015 no change. 3BR – Dh315,000-Dh390,000. 4BR – Dh290,000- Dh550,000. Dh360,000-Dh1.1m.

Jumeirah Park villas rental prices: Q2-Q3 2015 down 2%. Q3 2014-Q3 2015 down 7%. 3BR – Dh195,000-Dh240,000. 4BR – Dh210,000-Dh290,000. 5BR – Dh295,000-Dh350,000.

Jumeirah Village villas rental prices: Q2-Q3 2015 down 1%. Q3 2014-Q3 2015 down 2%. 2BR – Dh140,000-Dh165,000. 3BR – Dh160,000-Dh175,000. 4BR – Dh140,000-Dh200,000. 5BR – Dh165,000-Dh235,000.

Meadows villas rental prices: Q2-Q3 2015 up 1%. Q3 2014-Q3 2015 down 8%. 3BR – Dh200,000-Dh250,000. 4BR – Dh220,000-Dh280,000. 5BR – Dh250,000-Dh325,000.

Springs villas rental prices: Q2-Q3 2015 up 2%. Q3 2014-Q3 2015 no change. 2BR – Dh125,000-Dh140,000. 3BR – Dh160,000-Dh220,000.

Mirdif villas rental prices: Q2-Q3 2015 up 2%. Q3 2014-Q3 2015 up 1%. 3BR – Dh130,000-Dh155,000. 4BR – Dh140,000-Dh180,000. 5BR – Dh145,000-Dh200,000.

Jumeirah Golf Estates villas rental prices: Q2-Q3 2015 down 7%. Q3 2014-Q3 2015 no change.

 

 

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