Property rents have been increasing in Dubai and many other areas. Due to this rising rent, more property work has started happening there. Due to this, the property market in Dubai has seen rapid growth in the last few years, especially in budget-friendly areas where rents have seen a significant increase.
We contacted several investors and they said that at present, land and property rates in Dubai and its nearby areas are likely to be high. This is mostly due to the increase in rents there. As property rents increase there, property buying and selling will also increase. If you want to earn a good profit, you can invest in property. But for this, you must first contact a good property advisor.
Increasing popularity of budget-friendly areas
Dubai’s cheaper areas, such as Deira and Bur Dubai, have attracted both tenants and investors. They have seen much higher rent increases than other cities.
- Deira: Rents for two-bedroom apartments have increased by 48%.
- Bur Dubai: Proximity to public transport has been an attractive location for tenants.
- Damac Hills 2 and Mirdif: Villa rents saw an increase of up to 44%.
Minimum and maximum rents in Deira, Dubai
What is the minimum rent in Deira? If a tourist or worker rents a 2-beds room here, how much difference will it make? We will tell you all this below with an example.
Minimum rent:
- Studio apartment: around AED 27,000/year
- 1 bedroom: around AED 43,000/year
- 2 bedrooms: around AED 65,000/year
- 3 bedrooms: around AED 108,000/year
Maximum rent:
- Luxury studio: AED 50,000/year
- Luxury 1 bedroom: AED 80,000/year
- Luxury 2 bedrooms: AED 130,000/year
- Luxury 3 bedrooms: AED 180,000/year
The difference after the rent increase
According to Beaut and other sources, rents in Deira have seen an increase of up to 48%. If we understand this increase through an example:
Before rent:
- 2 bedroom apartment: 45,000 dirhams/year
After a 48% increase:
- 2 bedroom apartment: 65,000 dirhams/year
Difference:
- Increase of 20,000 dirhams
Similarly, there was an increase in different categories, especially budget-friendly properties, which saw higher demand due to the increase in rents. The rent may vary from place to place and this is not a fixed annual rent. Rents in many places increase by up to 10% each year, so we cannot guarantee that this is the exact amount.
Minimum and maximum rental ranges in Bur Dubai (2025)
Rents in Bur Dubai vary depending on the size, amenities, and location of the property. Here we give some estimates of the minimum and maximum rents. For more information, you can consult a property advisor in any location of your choice. Here is a general estimate:
Minimum Rent
- Studio Apartment: AED 25,000 – AED 30,000 per year
- 1 Bedroom Apartment: AED 35,000 – AED 40,000 per year
- 2 Bedroom Apartment: AED 50,000 – AED 60,000 per year
Maximum Rent
- Studio Apartment: AED 50,000 – AED 60,000 per year
- 1 Bedroom Apartment: AED 70,000 – AED 80,000 per year
- 2 Bedroom Apartment: AED 100,000 – AED 120,000 per year
Villa or Luxury Properties
- Minimum: AED 120,000 per year
- Maximum: AED 250,000 or more (fully furnished and with luxury amenities)
Rental ranges for villas in Damac Hills 2 and Mirdif
Villa rents in Damac Hills 2 and Mirdif vary depending on the size, amenities, and location of the villa. Here is a general idea of ​​the minimum and maximum rents:
Damac Hills 2 Minimum and Maximum Rent
Minimum Rent
- 3 Bedroom Villa: AED 70,000 – AED 80,000 per year
- 4 Bedroom Villa: AED 85,000 – AED 100,000 per year
Maximum Rent
- 3 Bedroom Villa: AED 120,000 – AED 150,000 per year
- 4 Bedroom Villa: AED 160,000 – AED 180,000 per year
Mirdef Minimum and Maximum Rent
Minimum Rent
- 3 Bedroom Villa: AED 90,000 – AED 100,000 per year
- 4 Bedroom Villa: AED 120,000 – AED 130,000 per year
Maximum Rent
- 3 Bedroom Villa: AED 160,000 – AED 180,000 per year
- 4 Bedroom Villa: AED 200,000 – AED 220,000 per year
Growing population and investment opportunities in 2025
Dubai’s expatriate population is expected to reach 4 million by 2025. It is expected that this will further increase the demand for housing. There are various opportunities available here in luxury, mid-range, and affordable properties.
Dubai property rents could be 10% to 20% higher than current levels in 2025, especially in areas where population and demand will be high. If you are a renter or thinking about investing, decide before 2025 so you can take advantage of current rents and prices.
Frequently Asked Questions (FAQs)
Deira, Bur Dubai, Jumeirah Village Circle, and Business Bay are ideal for renters. Rents here are budget-friendly and close to basic amenities.
Dubai Marina and Dubai Hills Estate are best for luxury properties, while Deira and Town Square are best for budget-friendly investments.
Yes, rents are expected to increase further given Dubai’s growing population and its importance as a global hub. Rents can increase by up to 10% every year, so you should contact a good company or dealer in advance.
