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Where residential rents are rising and falling in Dubai in 2022

Dubai has made a name for itself as the shopping mecca of the Middle East, but it also offers something to suit every taste. From upscale malls with designer boutiques and high-end retail outlets to global brands such as H&M and Zara, you can find just about anything you need within Dubai’s bustling shopping scene. While many people come to Dubai for business or leisure travel, others have actually relocated here from all over the world in search of work. With an economy that thousands of tourists flocking to stay their temporary or permanently needs a place to rent first before even considering to buy the property in a foreign country. In 2022, there are many great properties are available at a reasonable prices which is lucrative for renters.

According to real estate consultancy ValuStrat, Dubai residential rents witnessed the highest increase since 2014, increasing by 18.9 per cent year-on-year.

According to research from real estate consultants also reported in news following are the places where rents are rising or falling are:

Villa rents are rising in:

  • Palm Jumeirah
  • The Lakes
  • Arabian Ranches
  • Jumeirah Park
  • Dubailand
  • The Springs
  • The Meadows
  • Jumeirah Village Circle

Apartment rents are rising in:

  • Palm Jumeirah
  • The Green and The Lakes
  • Downtown
  • Dubai Marina
  • Business Bay
  • Jumeirah Village Circle
  • Jumeirah Lake Towers

Apartment rents are falling in:

  • Discovery Gardens
  • Dubai Sports City
  • Dubailand

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