Residential rentals

Palm Jumeirah villas experience a 63% rent increase in Q1 2024

Palm Jumeirah Villas See 63% Rent Surge in Q1 2024

In the first quarter of 2024, Palm Jumeirah villas and townhouses experienced a significant increase in rent prices, according to a recent report. The area saw a 63% jump compared to the same period in 2023, reflecting its lasting appeal and high-end status. The average rent for villas and townhouses in Palm Jumeirah rose from AED 656,114 in Q1 2023 to approximately AED 1.07 million in Q1 2024, as...

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