The Most Expensive Areas Have Rents Reaching Up To AED 1.5 Million.
Dubai’s real estate landscape is witnessing soaring demand, attracting both local and international investors to its array of properties across diverse neighborhoods catering to varying budgets.
Rental prices in the city are influenced by factors such as location, proximity to public transportation, nearby landmarks, and available amenities.
Here are the emirate’s most expensive areas to rent a home.
Topping the list is the iconic Palm Jumeirah, where annual rental rates for studio apartments can reach AED 111,000, while one, two, and three-bedroom units command prices of AED 165,000, AED 243,000, and AED 312,000, respectively.
Emirates Hills, a prestigious residential community, offers villas and mansions with annual rents ranging from AED 150,000 to an astonishing AED 1,500,000.
The verdant oasis of Al Barari beckons discerning tenants with its one-bedroom apartments at AED 134,000 per year, two-bedroom units at AED 316,000, and three-bedroom residences at AED 548,000.
Bluewaters Island, a marvel of modern living, boasts annual rents of AED 310,000 for one-bedroom, AED 495,000 for two-bedroom, and AED 716,000 for three-bedroom apartments.
Dubai Harbour, an upcoming waterfront destination, offers one-bedroom apartments at AED 163,000 per year, two-bedroom units at AED 269,000, and three-bedroom residences at AED 475,000.
Al Wasl, a vibrant neighborhood, presents studio apartments at AED 45,000 annually, one-bedroom units at AED 176,000, two-bedroom residences at AED 248,000, and three-bedroom homes at AED 311,000 per year.
As Dubai’s real estate market continues to flourish, the most expensive enclaves cater to the discerning tastes of affluent residents seeking a luxurious lifestyle and unparalleled amenities.
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