Dubai real estate: Most expensive areas to rent a home revealed

Rental prices in the city are based on several factors including location, proximity to public transport, nearby landmarks, available amenities, and more.

Here is all you need to know about the most expensive areas to rent a home in Dubai:

Palm Jumeirah

• Studio apartment: AED111,000 per year
• One-bedroom apartment: AED165,000
• Two-bedroom apartment: AED243,000 per year
• Three-bedroom apartment: AED312,000 per year

Emirates Hills

• Villas and mansions: AED150,000 to AED1,500,000 per year

Al Barari

• One-bedroom apartment: AED134,000 per year
• Two-bedroom apartment: AED316,000 per year
• Three-bedroom apartment: AED548,000 per year

Bluewaters Island

• One-bedroom apartment: AED310,000 per year
• Two-bedroom apartment: AED495,000 per year
• Three-bedroom apartment: AED716,000 per year

Dubai Harbour

• One-bedroom apartment:  AED163,000 per year
• Two-bedroom apartment: AED269,000 per year
• Three-bedroom apartment: AED475,000 per year

Al Wasl

• Studio apartment: AED45,000 per year
• One-bedroom apartment: AED176,000 per year
• Two-bedroom apartment: AED248,000 per year
• Three-bedroom apartment: AED311,000 per year

Last year, Arabian Business reported on the most expensive areas for villas and apartments in Dubai.

10 most expensive places to rent a villa in Dubai

• Palm Jumeirah – average rent is AED1,032,763, up 1.6% on last month
• Al Barari – average rent is AED981,396 up 4.9%, on last month
• Emirates Hills – average rent is AED848,754, down 1.8% on last month
• Jumeirah Islands – average rent is AED617,059, up 4.5% on last month
• Jumeirah – average rent is AED507,459, up 3.9% on last month
• Green Community (DIP) – average rent is AED393,017, up 1.7% on last month
• Jumeirah Golf Estates – average rent is AED381,713, up 3.3% on last month
• The Meadows – average rent is AED332,375, up 3.5% on last month
• The Villa – average rent is AED298,078, up 0.7% on last month
• Living Legends – average rent is AED293,547, up 2.4% on last month

10 most expensive places to rent an apartment in Dubai

• Palm Jumeirah – average rent is AED258,529, up 4.1% on last month
• Downtown Dubai – average rent is AED218,840, up 2.7% on last month
• The Old Town – average rent is AED187,498, up 3.1% on last month
• Dubai Marina – average rent is AED172,214, up 3.8% on last month
• Jumeirah – average rent is AED163,784, up 4.1% on last month
• Jumeirah Beach Residence – average rent is AED158,340, up 3.4% on last month
• DIFC – average rent is AED156,633, up 4.2% on last month
• The Views – average rent is AED140,161, up 4.7% on last month
• Dubai Festival City – average rent is AED131,279, down 4.60% on last month
• The Greens and The Views – average rent is AED128,977 4.8%, up on last month