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Rental Prices Change in Q1 2018 - Dubai Real Estate

Renting a property in Dubai comes with certain considerations particularly on the lease price. It is important to be well-informed about the latest rental market trend when searching for a property of rent in Dubai. Renters should be aware of the movement of Dubai’s rental prices and which areas offer reasonable rental amount. This page will provide an overview of the current rental market trend from different property types such as apartments, townhouses, and villas for rent. It features both progression and fluctuation of rental prices in Q1 from factors including areas, sizes - the number of bedrooms, and its percent change.

Area Jan 1, 2018 March 31, 2018 % Change
Al Barsha 70,000
61,125
-12.68
Al Furjan 81,000
79,000
-2.47
Al Sufouh 104,375
102,500
-1.8
Arjan 65,000
60,000 -7.69
Barsha Heights (Tecom) 88,750
92,000 3.66
Business Bay 120,000
120,000
0
City Walk 206,313
197,500
-4.27
Culture Village 110,000
128,250
16.59
DAMAC Hills (Akoya by DAMAC) 95,000
92,500 -2.63
DIFC 138,750
131,000
-5.59
Discovery Gardens 50,375 47,875
-4.96
Downtown Dubai 154,625
146,250
-5.42
Downtown Jebel Ali 63,750
62,250
-2.35
Dubai Festival City 164,375
156,250
-4.94
Dubai Harbour 1,478,888 1,400,000 -5.33
Dubai Healthcare City 145,000 145,000
0
Dubai Investment Park 71,500 70,000 -2.1
Dubai Land 56,500
53,750
-4.87
Dubai Marina 135,000
130,500 -3.33
Dubai Residence Complex 45,250 44,000
-2.76
Dubai Silicon Oasis 70,000 66,250 -5.36
Dubai South 46,000 47,250
2.72
Dubai Sports City 71,750 69,500 -3.14
Dubai Studio City 63,750 66,250 3.92
Dubai Waterfront 57,375
54,000 -5.88
Dubai World Central 36,000 38,000 5.56
Green Community 98,500 96,750 -1.78
Greens 102,500 95,000
-7.32
IMPZ 62,500 59,000 -5.6
International City 43,500
42,500 -2.3
Jumeirah
303,688 401,625 32.25
Jumeirah Beach Residence 130,000 125,000 -3.85
Jumeirah Heights 175,000 175,000 0
Jumeirah Lake Towers
110,000 110,000 0
Jumeirah Village Circle 74,500 72,500 -2.68
Jumeirah Village Triangle 75,125 72,498
-3.5
Living Legends 75,000 55,000 -26.67
Majan 60,000
60,000 0
Meydan Avenue 120,000 120,000 0
Mirdif 110,000 97,500 -11.36
Mohammad Bin Rashid City 1,065,000 534,500 -49.81
Motor City 88,625 87,500
-1.27
Old Town 150,000 145,000 -3.33
Palm Jumeirah 150,000 160,000 6.67
Remraam 66,375 65,563 -1.22
Sheikh Zayed Road 140,000 132,500 -5.36
The Views 120,000
114,375 -4.69
World Trade Center 208,750 188,750 -9.58
Area Jan 1, 2018 March 31, 2018 % Change
Al Furjan 142,125
140,000
-1.5
Al Quoz 227,500
215,000
-5.49
Arabian Ranches 148,625
143,500
-3.45
Dubai Hills Estate 2,200,000
2,193,000 -.32
Dubai Sports City 181,625
197,500 8.74
Dubai Waterfront 81,250
75,000
-7.69
Falcon City of Wonders 149,000
132,500 -11.07
Green Community 187,500
185,000
-1.33
International City 100,000
90,000 -10
Jumeirah Golf Estates 217,500
215,000
-1.15
Jumeirah Islands 207,500 210,000
1.2
Jumeirah Village Circle 132,500
122,500
-7.55
Jumeirah Village Triangle 130,000
130,000
0
Meydan Gated Community 185,000
180,000
-2.7
Motor City 182,500 175,000 -4.11
Mudon 170,000 162,500
-4.41
Palm Jumeirah 279,750 306,250 9.47
Reem 144,500
143,750
-.52
The Lakes 205,000
195,000 -4.88
The Springs 146,250 133,125
-8.97
The Sustainable City 175,000 195,000 11.43
Town Square 126,250 124,500
-1.39
Area Jan 1, 2018 March 31, 2018 % Change
Al Barari 448,750
437,500
-2.51
Al Barsha 261,250
253,750
-2.87
Al Furjan 180,000
180,875
.49
Al Jafiliya 220,000
205,000 -6.82
Al Mizhar 230,000
312,500 35.87
Al Safa 270,000
240,000 -11.11
Al Sufouh 291,250
255,000 -12.45
Al Warqa'a 333,125 240,000
-27.95
Al Wasl 250,000
285,000 14
Arabian Ranches 241,250
227,500
-5.7
Arabian Ranches 2 176,250 190,000
7.8
Business Bay 230,000
240,000
4.35
DAMAC Hills (Akoya by DAMAC) 211,250
200,000 -5.33
Downtown Dubai 250,000
320,000 28
Dubai Festival City 260,000 245,000 -5.77
Dubai Land 122,000 112,500
-7.79
Dubai Marina 446,250 436,875 -2.1
Dubai Silicon Oasis 181,250
180,000
-.69
Dubai Sports City 260,000
240,000 -7.69
Dubai Waterfront 171,000 156,000
-8.77
Emirates Hills 1,200,000 1,100,000 -8.33
Falcon City of Wonders 149,500 158,750 6.19
Green Community 221,250
200,000 -9.6
International City 104,000 90,000
-13.46
Jumeirah 235,000
242,500
3.19
Jumeirah Golf Estates 360,000 366,250 1.74
Jumeirah Islands 315,000 313,750 -.4
Jumeirah Park 195,000
220,000 12.82
Jumeirah Village Circle 143,000 137,500
-3.85
Jumeirah Village Triangle 170,000 167,500
-1.47
Living Legends 165,000 150,000 -9.09
Meadows 260,000 251,250 -3.37
Meydan Gated Community 315,000 320,000 1.59
Mirdif 115,000
120,000
4.35
Mohammad Bin Rashid City 450,000 411,250 -8.61
Motor City 256,250 250,000 -2.44
Mudon 180,000 170,000 -5.56
Nadd Al Hammar 270,000 260,000 -3.7
Palm Jumeirah 425,000
485,000 14.12
Reem 147,000 142,000
-3.4
The Lakes 476,875 357,500
-25.03
The Springs 160,000 152,500
-4.69
The Sustainable City 200,000 195,000 -2.5
The Villa 231,246 227,500 -1.62
Town Square 128,750
137,500 6.8
Umm Suqeim 275,000
305,000 10.91

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