Average rental costs in Dubai's key districts

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Diana
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30 Sep 2024
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30 Sep 2024
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Rental rates in Dubai have been rising annually, outpacing inflation by 3-4 times. This allows investors to increase their passive income, save funds, and reinvest in new properties.

But which locations are the most profitable for buying apartments to rent out? Below, we’ve compiled a list of top districts with the highest growth in rental rates.

Rental growth over the past year

• +15.4% to $40,800 in Downtown.

• +17.3% to $25,800 in Business Bay.

• +15.4% to $16,300 in JVC.

• +19.6% to $14,900 in JLT.

Why this matters for investors

Dubai continues to attract strong investor confidence from around the world. New districts are being developed, islands are being built, the population is growing, and the market is expanding – all creating favorable conditions for profitable real estate investments.

However, to maximize rental income, it's crucial to select the right project at the launch phase and a highly liquid property. Understanding the market, developers, transaction specifics, and legal nuances is key – and we’re here to assist you in every step of the process.

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