Landmark's May Rental Index

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Apartments (In AED/Annum)AreaStudio1 B/R2 B/R3 B/R4 B/RAl Barsha 50-65,000 70-88,000 85-100,000 - - Al Mankhool 50-80,000 55-85,000 90-140,000 115-175,000 190,000 Al Nahda 30-45,000 55-65,000 65-95,000 95-130,000 - Al Qusais 30-50,000 38-70,000 60-90,000 100-130,000 - Al Warqa'a 45-55,000 48-75,000 70-82,000 - - Discovery Gardens 40-45,000 50-65,000 90-95,000 - - Dubai Marina 40-65,000 60-130,000 85-190,000 125-250,000 190-270,000 Dubai Silicon Oasis 40-60,000 55-80,000 60-120,000 - - Green Community 55-65,000 65-80,000 100-155,000 155-185,000 - International City 30-45,000 40-60,000 60-80,000 - - Jumeirah Beach Residence 55-85,000 85-120,000 110-160,000 140-240,000 180-250,000 Jumeirah Lake Towers 40-70,000 55-90,000 80-150,000 110-180,000 - Mirdiff - 70-80,000 110-120,000 - - Old Town - 80-100,000 110-200,000 170-220,000 - Palm Jumeirah - 90-140,000 120-175,000 150-250,000 220-300,000 Port Saeed 75-80,000 85-90,000 100-120,000 120-140,000 - The Gardens - 60-65,000 100-106,000 130,000 - The Greens 45-65,000 60-80,000 90-140,000 120-150,000 - The Views 60-70,000 75-100,000 100-150,000 140-180,000 - Trade Centre 1 & 2 60-65,000 80-150,000 100-160,000 160-180,000 - Uptown Mirdiff - 90-100,000 110-130,000 - -             Villas (In AED/Annum)Area2 B/R3 B/R4 B/R5 B/R6 B/RAl Barsha - 250-270,000 270-300,000 300-350,000 350-400,000 Al Safa (<= 5 years old) - 160-200,000 180-285,000 300-400,000 350-400,000 Al Safa (> 5 years old) - 90-120,000 90-140,000 - - Al Warqa'a - 110-170,000 150-220,000 160-280,000 160-300,000 Arabian Ranches 100-130,000 130-180,000 180-240,000 240-280,000 300-350,000 Emirates Hills - - - 600-700,000 600-1,000,000 Green Community - 170-220,000 175-200,000 225-285,000 - Jumeirah (<= 5 years old) - 160-280,000 200-400,000 250-400,000 350-600,000 Jumeirah (> 5 years old) - 150-170,000 170-190,000 170-220,000 180-230,000 Jumeirah Islands - - 220-270,000 270-350,000 - Mirdiff - 100-160,000 120-180,000 140-250,000 - Palm Jumeirah - 220-280,000 270-400,000 300-550,000 450-600,000 The Lakes - 145-240,000 220-270,000 270-350,000 - The Meadows - 170-220,000 220-260,000 250-300,000 300-340,000 The Springs 95-135,000 130-180,000 - - - Umm Suqeim (<= 5 years old) - 160-200,000 180-400,000 270-400,000 260-400,000 Umm Suqeim (> 5 years old) - 150-170,000 170-190,000 170-220,000 180-230,000

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Posted by: Andy

Another RE sunami in July-Oct 09 should shake them up from their slumber. I dont understand if these landlords are even human, they have far crossed the boundries of greed. They forget that we are the ones (income bracks of 5000-10000 per/mth) salaried class that actually run the market & their economy.

Posted by: Sebastian Smith

THE UPPER END OF THE MARKET IS FINISHED With the thousands of redundancies, workforce rationalisations and salary cuts currently on offer please tell me exactly who is going to pay a million AED rent for a six bed home - that's $300k a year. UAE LANDLORDS WAKE UP!!!! Even 100,000 AED is far too high to

Posted by: Sebastian Smith

UAE RENTS ARE STILL WAY TOO HIGH - A FURTHER 100% CORRECTION WOULD BE REQUIRED TO BRING THE MARKET IN LINE.

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