Real estate | Dubai | AX CAPITAL

03 May 2023 12:41

RENT | Townhouse | $44,000 per year

📍Arabian Ranches 3

180m², 3 bedrooms, 4 bathrooms

Spacious 2-storey townhouse with balcony in the gated community, Sun. Panoramic windows provide an abundance of natural light.

Pool and park for residents in walking distance

✓ Unfurnished
✓ Maid's Room
✓ Central A/C
✓ Garage with 2 Parking Spaces
✓ Pets Allowed

For owners:

➤ Gym
➤ BBQ Area
➤ Kids' Play Area
➤ Landscaped Gardens
➤ Security 24/7

❗️The townhouse is vacant and ready to move-in.

Agent: +971554451201

#longterm_rent

Real estate | Dubai | AX CAPITAL

02 May 2023 11:01

In Q1 2023, Dubai received 4.67 million visitors.

❗️This is 17% more than in the same period in 2022.

Аccording to Dubai Department of Economy and Tourism (DET),

Hotel occupancy has returned to near pre-pandemic levels, at 83% of the 148,877 available rooms.

——

A new free public beach has opened in Dubai.

📍Deira

The new location has already introduced areas for beach sports, and by the end of 2023 it is planned to open restaurants and bars.

#life_dubai

——

Abu Dhabi has retained the title of the most technologically advanced and innovative city in the Middle East and North Africa.

According to the Smart City Index released by the International Institute for Management Development (IMD):

Abu Dhabi ➤ 13th in the world
Dubai ➤ 17th in the world

Main Pillars:

✓ Environment
✓ Factors such as quality of life
✓ Economic and technological aspects

#news_abu_dhabi

Sources: The National News, Arabian Business, Khaleej Times

Real estate | Dubai | AX CAPITAL

01 May 2023 12:00

Facility electric aircraft and passenger drones will be built in Abu Dhabi.

This is the first such facility in the Middle East and Africa.

A center for the autonomous management of urban air mobility will also be established.

Earlier, The Dubai Government approved the terminal's concept for electric flying taxis.

#news_abu_dhabi

——

The Dubai Financial Market announced a 30% increase in net profit in Q1 2023.

Q1 2023 ➤ $9.6 million
Q1 2022 ➤ $7.4 million

Compared to Q1 2022 revenues🔺up by 13% to $24.2 million.

#economy_dubai

——

Dubai's Roads and Transport Authority has announced a new road project in Dubai that will increase capacity by 200%

➤ From 500 to 1,500 vehicles per hour in both ‎directions.

📍Al Qusais

The project encompasses the ‎construction of 32 roads spanning 10km.

#life_dubai

Sources: The National News, Arabian Business, Khaleej Times

Real estate | Dubai | AX CAPITAL

28 Apr 2023 16:02

🔺DYNAMICS OF PRICES FOR RESIDENTIAL REAL ESTATE MARKET

➤ In Dubai and Abu Dhabi for March 2023

According to the REIDIN Residential Property Price Indices

Dubai

➤ Sale

↑ Compared to February 2023, property sales price index increased by 1.76 points, from 95.89 to 97.65. An increase of 1.84%.

↑ Compared to March 2022, prices increased by 12.75%.

➤ Rent

↑ Compared to February 2023, property rent price index increased by 1.36 points, from 98.32 to 99.68. An increase of 1.38%.

↑ Compared to March 2022, prices increased by 26.29%.

Abu Dhabi

➤ Sale

↑ Compared to February 2023, property sales price index increased by 0.02 points, from 79.84 to 79.86. An increase of 0.02%.

↑ Compared to March 2022, prices increased by 1.23%.

➤ Rent

↑ Compared to February 2023, property rent price index increased by 0.36 points, from 69.89 to 70.25. An increase of 0.51%.

↓ Compared to March 2022, prices decreased by 1.07%.

Source: REIDIN Data Analytics

#real_estate_dubai

Real estate | Dubai | AX CAPITAL

27 Apr 2023 17:03

The UAE commercial real estate market remains one of the strongest in the world.

According to the Royal Institution of Chartered Surveyors' report, the investment sentiment index in Q1 2023 hit the highest since Q3 2014.

The office sector leads the commercial real estate segment in the UAE.

——

More than 80% of renters in Dubai are looking for spacious properties with open balconies or terraces.

According to the UAE developer, ZāZEN Properties.

In September 2022, the developer announced the ZāZEN Gardens residential complex, where 3-bedroom apartments were sold first.

#real_estate_dubai

——

Developer, Al Hamra has announced the complete sale of Phase 3 Marina Residences in Ras Al Khaimah.

📍Al Hamra Village

This is the first project of the developer, which provides the buyer with:

✓ 12-Year Residency Visa
✓ Business Licence
✓ Partner Visa Upon a 20% Down Payment

#developers_news

Sources: Arabian Business, Zawya

Real estate | Dubai | AX CAPITAL

26 Apr 2023 16:02

RENT | Apartment | $36,000 per year

📍Dubai Marina

67m², 2 Bedrooms, 1 Bathroom

Аpartment in the 42-storey tower, Botanica Tower from the developer, Select Group. Panoramic windows offer a view of the Marina.

🏖 10 Mins – Marina Beach

✓ Furnished
✓ Balcony
✓ Built-In Wardrobes
✓ Open Kitchen
✓ Central A/C

In the residence:

➤ Pools
➤ Gym
➤ Steam Room and Jacuzzi
➤ Restaurants and Shops
➤ Concierge and Security 24/7

❗️Recently renovated.

Agent: +971565152590

#longterm_rent

Real estate | Dubai | AX CAPITAL

25 Apr 2023 11:01

📣 Start of Sales – Villas in Sobha Reserve

📍Dubailand

A collection of luxurious 2-storey villas with outdoor rooftop terraces. There is everything for a luxurious life: from forest, which occupies 25% of the community, to sports fields and bike paths.

All villas have private pools, gardens and maid's rooms.

For sale:

➤ 4 Bedrooms – from 463m²
Prices: from $2,097,000

➤ 5 Bedrooms – from 528m²
Prices: from $2,396,000

▪️Equipped Kitchens and Smart Home System

Benefits:

🏖 Club House with Pool and Sandy Beach

✓ Dog Park
✓ BBQ Areas
✓ Botanical Garden
✓ Zen and Yoga Areas
✓ Skate Park

Payment plan:

Receipts for EOI request ➤ from $55,000

80% – During Construction
20% – On Completion

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

24 Apr 2023 11:31

Dubai Metro has transported over 2 billion passengers since it first opened.

Red Line ➤ 1.4 billion
Green Line ➤ 673.5 million

According to the Dubai's Roads and Transport Authority.

🚇 Dubai Metro opened on September 9, 2009 and has maintained a punctuality rate of 99.7%, surpassing international safety standards.

——

Dubai may exceed pre-pandemic Covid-19 international tourist numbers in 2023.

According to Department of Economy and Tourism (DET), Dubai welcomed 1.63 million international overnight visitors in February, 2023 alone.

❗️This exceeds the pre-pandemic level by 7%.

In 2022, 14.36 million tourists visited Dubai, which is 97% more than in 2021.

#life_dubai

——

The UAE is in second place in the construction of hotels among the countries of the Middle East and Africa (MEA).

According to hotel analytics provider, STR.

At the moment, 22,324 hotel rooms are being built in the UAE.

#news_uae

Sources: Arabian Business, The National News, Zawya

Real estate | Dubai | AX CAPITAL

21 Apr 2023 19:52

🔺Average prices for residential real estate 10-15 minutes from the metro in Dubai increased by 44%

➤ From Q1 2010 to Q4 2022.

According to global real estate consultancy, CBRE.

At the same time, the increase in prices:

0-5 minutes to metro ➤ by 36%
5-10 minutes to metro ➤ by 0.2%

The largest price increases from areas within 15 minutes from the metro showed:

✓ Barsha Heights – 77%
✓ JBR – 50.1%
✓ Downtown Dubai – 47.4%
✓ Dubai Marina – 33.1%

#real_estate_dubai

——

Dubai entered the TOP 20 cities, where the richest people in the world live in 2022.

According consulting firm, Henley & Partners, leaders in the number of dollar millionaires:

❶ New York – 340,000
❷ Tokyo – 290,300
❸ San Francisco – 285,000

Earlier it was reported that the number of HNWIs, people with a fortune of more than $1 million, in Dubai increased by 18%.

#life_dubai

Sources: Khaleej Times, The National News

Real estate | Dubai | AX CAPITAL

20 Apr 2023 16:03

Q1 2023 REAL ESTATE MARKET RESULTS ➤ ABU DHABI AND SHARJAH

Abu Dhabi

According to the digital platform, Property Finder, the real estate sales value reached $3.2 billion.

🔺This is three times more than in Q1 2022.

1,345 off-plan property sales transactions were completed. This is 88.6% more than in the same period in 2022.

Areas with the highest number of transactions:

❶ Masdar City
❷ Al Reem Island
❸ Yas Island

Sharjah

According to the Sharjah Real Estate Registration Department, 21,486 real estate transactions worth $1.6 billion were registered.

Investors from 62 countries engaged in real estate transactions:

▫️UAE and the Gulf Cooperation Council Countries – $394.5 million
▫️Оther Countries – $193.4 million

There were 2,005 sales transactions, which is 15% more than in Q1 2022.

Areas with the highest transaction value:

❶ Muwailih
❷ Al-Khan
❸ Al-Rigaibah

Sources: Zawya, Property News

#news_abu_dhabi
#news_uae

Real estate | Dubai | AX CAPITAL

19 Apr 2023 17:07

RENT | Apartment | $63,000 per year

📍Downtown Dubai

79m², 1 bedroom, 2 bathrooms

High-end apartment in the 65-storey tower, The Address Residence Fountain Views 2. View of Burj Khalifa and a man-made lake with Dubai Fountain.

5 mins – Dubai Mall

✓ Furnished
✓ Balcony
✓ Built-in wardrobes
✓ Panoramic Windows
✓ Central A/C

In the residence:

➤ Pool
➤ Gym
➤ BBQ Area
➤ Covered Parking
➤ Concierge and Security 24/7

❗️The apartment is vacant and ready to move-in.

Agent: +971557961451

#longterm_rent

Real estate | Dubai | AX CAPITAL

18 Apr 2023 16:00

📣 Start of Pre-Registration – Apartments in Fashionz by Danube

📍JVT

Dubai's first FashionTV international branded residences. One of the tallest towers in the area. On the roof of the building is a luxurious restaurant.

Podium with infinity pool, relaxation deck with sun lounges and sports grounds.

For sale:

➤ Studios
➤ 1, 2, 3-Bedroom Apartments

Prices: from $232,000

Benefits:

✓ SPA
✓ Japanese Garden
✓ Kids' Day Care
✓ Business Centre
✓ Beauty Salon

Payment plan with post completion:

Receipts for EOI request ➤ $14,000

65% – During Construction
1% – Within 35 Months Post Completion

Leave a request: +971521718769

✅ Agency Commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

17 Apr 2023 16:04

LEAD Development and Jubail Island Investment Company (JIIC) have unveiled residential project, Jubail Terraces, in Abu Dhabi.

📍Jubail Island

The project consists of low-rise buildings with 242 apartments:

• Studios
• 1, 2, & 3-Bedroom Apartments
• 3-Bedroom Duplexes

Benefits:

✓ Gym
✓ Wide Terraces with Views of the Mangroves
✓ Landscaped Squares
✓ Restaurants and Shops

Source: Property News

#developers_news

——

Get information about available units in this project and buy them from us at AX CAPITAL:

📞 +971521718769

✅ Agency commission – 0%

Real estate | Dubai | AX CAPITAL

15 Apr 2023 16:07

SALE | Apartment | $1,906,000

📍Downtown Dubai

152m², 2 bedrooms, 3 bathrooms

Apartment with panoramic windows and balcony in the 70-storey tower, Opera Grand. The building was completed in 2021. Developer - Emaar

⛲️ 5 mins – The Dubai Fountain and Burj Khalifa

✓ Unfurnished
✓ Kitchen Appliances
✓ Built-in Wardrobes
✓ Semi-Open Kitchen
✓ Central A/C

In the residence:

➤ Pool
➤ Gym
➤ Meeting Rooms
➤ Kids' Play Area
➤ Covered Parking
➤ Concierge and security 24/7

❗️The apartment is vacant and ready to move-in.

Agent: +971529164298

#secondary_market

Real estate | Dubai | AX CAPITAL

14 Apr 2023 11:22

The first decor & home furniture 'Art of Living' mall opened in Dubai.

📍Al Barsha 2

Area – 50,000m²

It is the first shopping centre in the UAE and MENA, specializing in:

✓ Innovative interior design solutions
✓ High quality home furniture

——

The Dubai Roads and Transport Authority (RTA) will install smart pedestrian signals at 10 different locations across the city.

🎯 The goal is to make roads even safer for pedestrians and drivers.

Smart pedestrian signals will increase the total number of locations to 28 by 2024.

#life_dubai

Sources: Zawya, Gulf Newsi

Real estate | Dubai | AX CAPITAL

02 May 2023 16:05

📣 Start of Sales – Apartments in Azizi Vista

📍Dubai Sports City

Low-rise residential complex with an elegant design by the developer, Azizi Developments. All apartments have panoramic windows and balconies.

🐎 Within a walking distance to the Dubai Polo & Equestrian Club.

For sale:

➤ Studios – from 39m²
➤ 1 bedroom – from 74m²
➤ 2 bedrooms – from 96m²

Prices: from $159,000

Benefits:

✓ Pools for Adults and Kids
✓ Gym
✓ Yoga Area
✓ BBQ Area
✓ Kids' Play Area

Payment schedule:

40% – During Construction
60% – On Completion

🔑 Completion – Q4 2024

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

01 May 2023 16:00

🌟 We've compiled important posts and project launches in one place for your convenience.

🟠 News

➤ New record рrice per m² of residential property
➤ Real estate market – results of March
➤ Q1 2023 – Dubai Real Estate Market Records
➤ One of the most expensive plots in Dubai sold

🟤 АХ news

➤ AX CAPITAL wins at Emaar Awards 2022
➤ Vacancies at our new office

🟡 Projects

Apartments:

➤ Azizi Grand from $135,000
➤ Azizi Amber from $191,000
➤ Fashionz by Danube from $232,000
➤ Canal Heights 2 from $335,000
➤ Golf Grand from $409,000
➤ Creek Waters from $436,000
➤ Seapoint from $735,000

Townhouses + villas:

➤ Mudon Al Ranim 5 from $606,000
➤ Damac Lagoons from $673,000
➤ Creek Waters from $1,334,000
➤ Sobha Reserve from $2,097,000

——
#month_results

Real estate | Dubai | AX CAPITAL

29 Apr 2023 16:01

SALE | Apartment | $1,430,000

📍City Walk

219m², 3 bedrooms, 3 bathrooms

Luxury apartment with a spacious balcony in a low-rise residential complex, Building 6A. Private terrace with direct entrance to the pool area.

5 mins – Burj Khalifa and Dubai Mall

✓ Designer's Furniture
✓ Walk-In Closet
✓ Maid's Room
✓ Central A/C
✓ Pets Allowed

✅ Service charges – $63 per m² (per year)

In the residence:

➤ Pool
➤ Gym
➤ Kids' Play Area
➤ BBQ Area
➤ Restaurants and Shops
➤ Concierge and Security 24/7

❗️The apartment is vacant and ready to move in.

Agent: +971522935064

#secondary_market

Real estate | Dubai | AX CAPITAL

28 Apr 2023 11:51

UAE's first casino resort concept, Wynn Al Marjan Island unveiled

➤ Worldwide hotel and casino operator, Wynn Resorts.

📍 Ras Al Khaimah, Al Marjan Island

The design of the resort is inspired by the surrounding landscape and seascape of the island.

Peculiarities:

✓ Gaming Area
✓ Theatre
✓ 24 Dining and Lounge Experiences
✓ Innovative SPA
✓ State-of-the-art Events Centre

——

UAE ranked🥇place in Middle East and Africa for food security.

According to the consulting firm, GlobalData.

The UAE's National Food Security Strategy 2051 seeks to:

➤ Strengthen the local food production sector
➤ Reduce food loss and waste, including the use of advanced technology

#news_uae

——

Dubai's leading bank, Emirates NBD's quarterly profits topped $2.7 billion for the first time in Q1 2023.

Compared to Q1 2022:

➤ Income🔺by 64%
➤ Profits🔺by 119% (up to $1.6 billion)

#economy_dubai

Sources: Arabian Business, Zawya

Real estate | Dubai | AX CAPITAL

27 Apr 2023 10:06

VACANCIES at our new office 🔺

Requirements for Candidates:

▪️ Presentable
▪️ Benevolent
▪️ Intelligent

M/F, Fluent English
High resolution photos required

CV: careers@axcapital.ae
SUBJECT: Front office vacancies

Real estate | Dubai | AX CAPITAL

25 Apr 2023 16:04

🏆 One of the most expensive plots in Dubai was sold for $34 million.

📍Jumeirah Bay

Plot area – 2,277m²

The seller of the plot bought it for $9.9 million two years ago and made a profit of over 242%.

According to the consulting group, Knight Frank, this plot will house a custom-built mansion.

Earlier, the most expensive apartment in Dubai was sold in the Bvlgari Lighthouse Complex, which is located in Jumeirah Bay.

#records_dubai

——

Arada, a leading real estate developer in Sharjah, has announced the completion of the Sarab 2 Residential Complex.

📍Aljada

The complex consists of 114 townhouses and villas, which are equipped with household appliances and smart home systems.

Earlier, Arada began the construction on its $12.5 million Vida Aljada hotel complex.

#developers_news

Sources: The National News, Arabian Business

Real estate | Dubai | AX CAPITAL

24 Apr 2023 16:51

📣 Start of Sales – Apartments in Azizi Amber

📍Al Furjan

Low-rise residential complex nestled within a booming community, amidst lush greenery. Elegant apartments with panoramic windows and balconies.

20 mins – Jumeirah Golf Estates Club House and Expo City Dubai

For sale:

➤ Studios – from 34m²
➤ 1 bedroom – from 65m²
➤ 2 bedrooms – from 91m²
➤ 3 bedrooms – from 117m²

Prices: from $191,000

Benefits:

✓ Pools
✓ Gym
✓ Kids' Play Areas
✓ Restaurants and Shops
✓ Recreation Area

Payment schedule:

40% – During construction
60% – On handover

🔑 Handover – Q4 2024

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

22 Apr 2023 11:00

SALE | Apartment | $1,332,000

📍Emaar Beachfront

109m², 2 bedrooms, 2 bathrooms

Apartment in the 33-storey tower, Beach Vista, on a man-made island by the developer, Emaar. Views of marina and Dubai Media City.

🏖 Direct access to the 750m sandy beach

✓ Unfurnished
✓ Balcony
✓ Built-In Wardrobes
✓ Equipped Kitchen
✓ Pets Allowed

In the residence:

➤ Pool
➤ Gym
➤ Kids' Play Area
➤ Covered Parking
➤ Concierge and Security 24/7

❗️The apartment is vacant and ready to move-in.

Agent: +971588225974

#secondary_market

Real estate | Dubai | AX CAPITAL

21 Apr 2023 10:10

Have a prosperous Eid!

May the magic of Eid bring lots of happiness and fill your life with different colours. Here's wishing you and your family a very happy Eid!

Real estate | Dubai | AX CAPITAL

20 Apr 2023 11:20

🔺Demand for Dubai real estate among foreign investors is gaining momentum.

According to Sobha Realty, a leading premium real estate developer in UAE, has revealed that foreign buyers accounted for 71% of all sales.

TOP Sobha Realty Investor Countries in 2022:

➊ Russia
➋ India
➌ Romania
➍ Great Britain

——

Azizi Developments announced the 81% completion of Park Avenue II in Dubai.

📍MBR City

The Park Avenue complex features 372 residences, 29 retail units, pools and gyms.

Earlier, the developer announced the start of sales in a residential complex, Azizi Grand ➤ View project

#developers_news

——

Branded residences in Dubai are projected to grow over 73% until 2030.

According to the consultancy firm, Savills.

Earlier, Dubai ranked🥇place as the top city for branded residences.

#real_estate_dubai

Sources: Trade Arabia, Arabian Business

Real estate | Dubai | AX CAPITAL

19 Apr 2023 12:00

🔥 Start of Pre-Registration – Townhouses in Damac Lagoons

📍Dubailand

Mykonos is an addition to the scenic Lagoons project by Damac Properties. Collection of 2 and 3-storey townhouses whose interiors are inspired by the architecture of the Greek island of Mykonos.

All townhouses have terraces, and private gardens on the plots

For sale:

➤ 4 bedrooms – 221m²
Prices: from $673,000

➤ 5 bedrooms – 314m²
Prices: from $893,000

Benefits:

🏖 Beach Club

✓ Honey Bar
✓ Open-Air Glow Lounge
✓ Windmill Park
✓ Volcanic Stones Park

Payment schedule:

20% – Down payment
60% – During construction
20% – On completion

🔑 Completion – Q4 2026

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

18 Apr 2023 11:02

Bybit, the world’s third most visited crypto exchange, opened its global headquarters in Dubai.

Bybit is one of the first exchange services to obtain in-principle approval from the Dubai's Virtual Assets Regulatory Authority.

The company plans to hire 100 employees.

#crypto_dubai

——

The Dubai Government has issued new law that will govern the use of self-driving cars in Dubai.

The law specifies:

✓ How speed limits are determined
✓ How licences can be obtained
✓ How roads and routes are demarcated

#law_dubai

——

Dubai's Roads and Transport Authority has announced the closure of the Floating Bridge for maintenance.

The bridge will be closed in both directions until May 22, 2023.

An integrated plan to reroute the traffic is available on the RTA website

#life_dubai

Sources: Khaleej Times, The National News, Gulf News

Real estate | Dubai | AX CAPITAL

17 Apr 2023 11:00

📣 Start of Sales – Apartments in Seapoint

📍Emaar Beachfront

Residential complex of two towers on a man-made island by the developer, Emaar. On the open part of the podium there is a garden with infinity pool.

🏖 Direct access to the sandy beach

For sale:

Apartments

➤ 1 bedroom – from 53m²
➤ 2 bedrooms – from 103m²
➤ 3 bedrooms – from 170m²

Prices: from $735,000

Penthouses

➤ 5 bedrooms – 489m²
➤ 6 bedrooms – 1,091m²

Prices: from $7,542,000

Benefits:

✓ Yacht Club
✓ Gym
✓ BBQ Area
✓ Kids' Play Area
✓ Restaurants and Shops

Payment plan:

20% – Down payment
70% – During construction
10% – On completion

🔑 Completion – Q2 2028

Leave a request: +971521718769

✅ Agency commission – 0%

#new_launch

Real estate | Dubai | AX CAPITAL

14 Apr 2023 16:02

Dubai residential capital values rose in December 2022 according to the ValuStrat Index (VPI).

Compared to February 2023, VPI🔺by 0.8%:

For Villas ➤ by 1.1%
For Apartments ➤ by 0.6%

Compared to March 2022, VPI🔺by 11.4%:

For Villas ➤ by 17.1%
For Apartments ➤ by 6.6%

Areas with the highest annual capital gains:

Villas

Jumeirah Islands ➤ 21.3%
Emirates Hills ➤ 21.1%
Arabian Ranches ➤ 19.4%

Apartments

Palm Jumeirah ➤ 15.6%
JBR ➤ 11.2%
Burj Khalifa ➤ 8.7%

#real_estate_dubai

——

Sharjah real estate sector registered 3,386 sales transactions worth $463 million.

According to the Sharjah Real Estate Registration Department:

17.6% ➤ Sales Transactions
9.4% ➤ Mortgage Transactions
73% ➤ Other Transactions

#news_uae

Sources: ValuStrat, Zawya

Real estate | Dubai | AX CAPITAL

13 Apr 2023 17:02

Q1 2023 RESULTS – REAL ESTATE MARKET RECORDS 🏆

➤ Dubai real estate sector registered 30,895 sales transactions worth $24.1 billion according to Dubai Land Department.

❗️This is the best Q1 number of sales ever on record.

According to global commercial real estate services, CBRE.

For the Q1 2023, average prices🔺by 12.8%:

Apartments🔺by 12.4% ($3,600 per sqm)
Villas🔺by 14.8% ($4,300 per sqm)

The highest average sales prices were recorded in areas:

Apartments ➤ Jumeirah ($7,150 per sqm)
Villas ➤ Palm Jumeirah ($13,100 per sqm)

Rent prices🔺by 26%:

Apartments🔺by 26.3% ($27,500 per year)
Villas🔺by 26,2% ($81,900 per year)

The highest rental prices were recorded in Palm Jumeirah:

Apartments ➤ $72,000 per year
Villas ➤ $272,400 per year

Sources: Zawya, Dubai Land Department