Are you planning to rent a property in Dubai? Whether it is a villa, flat or bed space – rent negotiation is a skill every expat must acquire.
Although there is too much supply and low demand but rents in Dubai fluctuate very frequently. Some say falling rents in Dubai is a myth.
Gulf News reports rents in Dubai have surged by more than 10% this year.
Dubai Rent Guide:
Business Bay
Rent in March 2011 – Dh87.6 per square foot yearly
Current rent – Dh92.4 per square foot
Current average three-bedroom apartment rental – Dh115,000 to Dh130,000
The Greens
Rent in March 2011 – Dh73.92 per square foot yearly
Current rent – Dh78.6 per square foot.
Current average three-bedroom apartment rental – Dh120,000. to Dh150,000
The Palm Jumeirah apartments
Rent in March 2011 – Dh76.44 per square foot yearly
Current rent – Dh81.84 per square foot
Current average three-bedroom Shoreline apartment – Dh160,000 and Dh170,000 for a street view / Dh200,000 and Dh220,000 for a sea view.
International City
Rent in March 2011- Dh66.96 per square foot yearly
Current rent -Dh72 per square foot
Current average two-bedroom apartment rental – Dh40,000 to Dh50,000
Jumeirah Lakes Tower (JLT)
Rent in March 2011- Dh60.36 per square foot yearly
Current rent – Dh64.92 per square foot
Current average three-bedroom apartment rentals – Dh110,000 to Dh130,000
Arabian Ranches
Rent in March 2011- Dh56.52 per square foot yearly
Current rent – Dh61.2 per square foot
Current average four-bedroom villa rentals – Dh220,000 to Dh250,000
Dubai Marina apartments
Rent in March 2011 2011 – Dh74.76 per square foot per year
Current rent – Dh81.84 per square foot
Current average rentals for a four-bedroom apartment – Dh140,000 to Dh200,000.
The Springs, The Meadows and The Lakes
Rent in March 2011 2011 – Dh53.76 per square foot yearly
Current rent – Dh59.16 per square foot
Current average three-bedroom townhouse rentals in The Lakes – Dh180,000.
Current average four-bedroom villa rental in The Meadows – Dh250,000
Jumeirah Beach Residence (JBR)
Rent in March 2011 — Dh73.92 per square foot yearly
Current rent — Dh82.2 per square foot
Current average rentals for a four-bedroom apartment – Dh180,000 to Dh220,000
Discovery Gardens (DG)
Rent in March 2011 – Dh49.68 per square foot a year.
Current rent – Dh49.8 per square foot.
Current average : two-bedroom rentals – Dh55,000 to Dh70,000 a year
Palm Jumeirah villas
Rent in March 2011 – Dh73.92 per square foot yearly
Current rent – Dh77.28 per square foot
Current average four-bedroom villa rental – Dh350,000
Downtown Dubai
Rent in March 2011 – Dh92.88 per square foot yearly
Current rent – Dh97.44 per square foot
Current average four-bedroom apartment rental – Dh200,000 to Dh240,000
