TOP Areas for Property Rent in Dubai in 2023

TOP Areas for Property Rent in Dubai in 2023

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TOP areas for property rent in Dubai in 2023

– According to the real estate portal, Bayut.

In 2023, 818,583 rental transactions were recorded in Dubai, valued at $18.5 billion.

Rental costs for:

  •  Affordable Properties increased by 4%-28%
  • Mid-tier increased by 8%-23%
  • Luxury increased by 11%-31%

Most popular areas

Affordable:

Apartments – Al Nahda

Villas – Mirdif

Mid-tier:

Apartments – JVC

Villas – JVC

Luxury:

Apartments – Dubai Marina

Villas – Dubai Hills Estate

The number of female investors in Dubai real estate market increased in 2023.

According to Dubai Land Department (DLD), compared to 2022:

  • Number of Female Investors rose by 42.5% to 38,059
  • Number of Investments rose by 39.8% to 46,725
  • Value rose by 53.9% to $24.6 Billion
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