The average price of a rented apartment for the year reached AED 91,795 (€ 23,000), while the cost of villas jumped to AED 274,740 (€ 71,390). Due to rising prices, tenants are reluctant to move into new housing: the number of new contracts is reduced, and the number of renewals is increasing. Palm Jumeirah continues to be the most sought after area for rent. Referring to third-quarter data, Zoom Property Insights reports that the average rent for apartments here has increased by 22%, and for villas by 32%.
Demand for housing is growing due to the strong economic activity of the emirate
Do you want to start investing in real estate in Dubai or are you looking for apartments for yourself and your family? Contact us and we will advise on any issues and select real estate according to your requests!
info@mercuryestate.com
+371 264 45557
Properties in UAE
€ 618 425
ID: AE-8-168660
UAE, Dubai, Dubai Marina
Special offer
€ 33 540 000
ID: OW-OAE-165616
UAE, Dubai, Dubai Marina
€ 574 300
ID: AE-OM-141043
UAE, Dubai, Jebel Ali
€ 3 845 000
ID: OW-OAE-140078
UAE, Dubai, Mohammad Bin Rashid City
€ 500 000
ID: AE-171-136373
UAE, Dubai, Al Jaddaf
€ 3 900 000
ID: OW-OAE-136223
UAE, Dubai, Bluewaters Island
Special offers
Special offer
upon request
ID: LV-163139
Latvia, Jurmala and region, Bulduri
Special offer
€ 33 540 000
ID: OW-OAE-165616
UAE, Dubai, Dubai Marina
Luxury collection
upon request
ID: LV-1529
Latvia, Jurmala and region, Asari
