Popular areas to rent apartments near Dubai Canal
Inspired by the San Francisco Golden Bridge, the Dubai Canal is a sight to behold. This 3.2-kilometre-long man-made canal connects Dubai Creek (in Old Dubai) to Business Bay, ending in the Arabian Gulf. Along with its beautiful architecture, it offers a 6.4 km waterfront for walking, running and even cycling.
Areas near the Dubai Canal have become desirable locations owing to the relaxed lifestyle it offers in the heart of the city. If you, too, are considering living by this landmark, we are here to help with our list of popular areas to rent apartments near Dubai Canal.
Popular areas to rent apartments near Dubai Canal
Business Bay
Let’s kick this list off with the most popular area near Dubai Canal, Business Bay. Located right at the heart of Dubai, this area features a mix of commercial and residential buildings. In addition, it is home to some of the biggest brands in hospitality, such as JW Marriott Marquis, Taj Dubai and Anantara that offer the finest stays in the city.
Business Bay is one of the top areas for renting luxury apartments, according to Bayut’s H1 Dubai Rental Report 2024. Being located by the creek, some apartments such as Mayfair Tower and Churchill Residences here offer stunning waterside views or proximity to the walking areas. The availability of supermarket chains such as Carrefour and Choithrams, as well as Dubai Mall at an arm’s distance makes Business Bay a great neighbourhood for people from all walks of life.
The average rent one can expect to pay at Business Bay is AED 110k.
- Studios for rent are available for AED 70k annually.
- The annual rent for a 1-bed apartment is AED 95k, while 2-bedroom units are available at an average of AED 146k.
- You can rent a 3-bedroom apartment at Business Bay for an average of AED 215k.
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Downtown Dubai
Next on our list of areas near Dubai Canal to rent apartments is Downtown Dubai, a neighbourhood that never seems to sleep and has an addictive energy of its own. Apart from being home to the world-famous Burj Khalifa and Dubai Mall, this area has quite a few excellent residential buildings that are in demand amongst people looking to stay in the centre of Dubai.
Downtown Dubai is closest to Business Bay, making it easy for residents to go to Dubai Canal’s walkways and cycle paths whenever they are in the mood for some time to themselves. Rental apartments in Downtown Dubai offer an unparalleled lifestyle, with state-of-the-art amenities and facilities for wellness and recreation, while being surrounded by all the main retailers of the city.
The average rent of an apartment in Downtown is AED 213k.
- Studio and 1-bedroom apartments for rent in Downtown Dubai are AED 79k and AED 131k, respectively.
- The 2-bed apartments in Downtown Dubai have an average yearly rent of AED 223k, while 3-bed apartments average AED 363k annually.
Deira
A stark contrast from the two neighbourhoods we discussed earlier, Deira is Dubai’s oldest commercial district and holds history from the roots of this city. Bordered by Dubai Creek, Sharjah and the Arabian Gulf, it is a budget-friendly area to rent apartments in the city.
Deira is a great neighbourhood to live in as there are supermarkets, malls and restaurants peppered across the area. From cafeterias that are open till late nights, to restaurants such as AB’s Absolute Barbecues and Al Dawaar Revolving Restaurant, this area has a pulse of its own. It also has metro stations (Al Rigga, Union and Deira City Centre metro stations) that offer residents easy accessibility to the city.
Port Saeed, Naif, Al Rigga, Al Muraqqabat, Abu Hail, Al Murar, and Riggat Al Buteen are some of the popular localities in Deira that receive all the demand and footfall. A perk of living in Deira is being able to unwind after a long day by chilling at Dubai Creek’s banks or going on an abra ride.
The average annual rent for an apartment in Deira is AED 67k.
- Studios are available for rent for AED 27k annually
- The 1 and 2-bed apartments for rent cost around AED 54k and AED 98k per annum, respectively.
- The 3-bedroom apartments for rent in Deira, have an annual cost of AED 123k.
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Al Jaddaf
Al Jaddaf is located by the Dubai Creek and has gained popularity as a waterfront neighbourhood in Dubai. This area is located on the western side of the emirate and has an array of residential buildings with views of the water.
Rental apartments in Al Jadaf come in both low and high-rise options, offering top-notch amenities and facilities to make life comfortable. This area has metro connectivity and access to major highways, along with supermarkets, hospitals and schools. Views of the creek make this area super attractive amongst property seekers.
The average rent of apartments in Al Jaddaf is AED 77k.
- The annual rent of a studio in Al Jaddaf AED 56k, on average.
- On average, a 1-bed apartment for rent is at AED 77k annually.
- Renting a 2-bed apartment and 3-bedroom will cost AED 95k and AED 141k per year, respectively.
DIFC
Dubai International Financial Centre, or DIFC, is one of Dubai’s swankiest neighbourhoods. Sleek skyscrapers, iconic landmarks like the Jumeirah Emirates Towers and Museum of the Future, and just an overall vibe that sets it apart as a unique place to reside in. And yes, DIFC is in close proximity to the Dubai Canal – as it neighbours Downtown Dubai and Business Bay.
DIFC is one of the top neighbourhoods to rent flats near Dubai Canal, with a mix of luxury apartments that offer the ideal lifestyle for executives seeking homes in a happening location. There are gourmet restaurants in five-star hotels such as the Ritz Carlton DIFC, Four Seasons Hotel DIFC and Waldorf Astoria Hotel, along with Gate Avenue – the ultimate destination for dining and high-end retailers. You also have the benefit of living right at Sheikh Zayed Road’s doorstep, great for those last-moment plans.
The average rent for an apartment at DIFC is AED 103k.
- Renting a studio in DIFC can cost AED 70k annually.
- A 1-bedroom apartment in DIFC can be rented for an average of AED 105k.
- Your annual budget for a 2-bed and a 3-bed apartment in DIFC should be AED 116k and AED 135k, respectively.
FAQs on areas to rent apartments near Dubai Canal
What are the best things to do near Dubai Canal?
If you’re looking for a place to unwind near Dubai Canal, you’re spoilt for choice. There’s La Perle, one of the city’s most iconic theatrical destinations, or Safa Park if you’re looking for a walk-and-dine evening. You could take the touristy route and go on an abra ride or cruise. Or, take a walk down one of the pedestrian bridges on the canal and see the city like never before.
What are the areas in Dubai for waterfront apartments?
Having canals and proximity to the sea, there are several areas to rent waterfront apartments in Dubai. The biggest names that come to mind include Dubai Creek Harbour, Palm Jumeirah (a man-made island), Jumeirah Beach Residence (JBR) and Dubai Marina.
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Cover image credits: Visit Dubai official website
