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
Catalogue
Special offers
- € 1 820 000
- Golf real estate, For sale
- ID: ME-197-98538
- Montenegro, Lustica, Lustica
Cozy semi-detached elevated villa on the golf resort
- € 1 615 000
- Apartment, For sale
- ID: CY-193-99788
- Cyprus, Limassol, Germasogeia
Westminster Residences for sale in Cyprus
- € 1 800 000
- House, For sale
- ID: ES-56-72980
- Spain, Costa Brava, Caldes de Malavella
Villa with pool in a prestigious golf resort
- € 1 650 000
- House, For sale
- ID: ID-141-78851
- Indonesia, Bali, Umalas
Luxury technologically advanced villa in the premium location
- € 607 000
- Apartment, For sale
- ID: ME-197-129709
- Montenegro, Lustica, Lustica
3 BDR apartment in Centrale
- € 1 820 000
- Golf real estate, For sale
- ID: ME-197-129547
- Montenegro, Lustica, Lustica
Luxury townhouse for sale in Montenegro
- € 670 000
- Apartment, For sale
- ID: AE-74-73313
- UAE, Dubai, Dubai Marina
One bedroom apartment in an ultra premium complex on Bluewaters Island
- € 420 000
- Apartment, For sale
- ID: AE-34-123931
- UAE, Dubai, IMPZ
Modern three-room apartment with interest-free installments for 5 years!
- € 1 052 000
- Apartment, For sale
- ID: ME-197-129557
- Montenegro, Lustica, Lustica
Luxurios 3 BDR apartment in Montenegro for sale