Most popular areas to rent flats and villas in Palm Jumeirah
The Palm Jumeirah has been a quintessential luxury destination since it was developed over a decade ago. Some of the world’s most luxurious hotels and entertainment spots are located here, making it a must-visit destination for tourists. The man-made island also features some of Dubai’s most stunning apartment and villa complexes, offering spectacular views of sparkling waters, the city’s skyline and direct access to the beach. If you are considering moving to or living on this luxurious island, MyBayut reveals the top areas to rent flats and villas in Palm Jumeirah.
Popular areas to rent apartments in Palm Jumeirah
For tenants interested in apartments for rent in Palm Jumeirah, the available units include studios 1, 2, 3 and 4-bedroom flats.
Let’s take a closer look at the rent trends in The Palm to find out which communities and buildings on the man-made archipelago are popular among prospective tenants interested in upscale island living.
Shoreline Apartments
First up on our list of best areas to rent apartments in Palm Jumeirah is Shoreline Apartments. Located on the trunk of Palm Jumeirah, Shoreline Apartments is a cluster of residential buildings with luxurious apartments for rent that come fitted with the latest amenities such as a swimming pool, sauna, steam room, gymnasium, BBQ area, jacuzzi, kids play area, gardens, and more.
Built with the finest quality materials, the flats for rent in Shoreline apartments include 1, 2 and 3 bedroom units for which the yearly rents average at AED 175k, AED 247k and AED 300k, respectively. Take a look at Shoreline Apartments floor plans for a better perspective of layouts.
- 2 BEDS
- |
- 3 BATHS
- |
- 1615 SQFT
- 1 BED
- |
- 2 BATHS
- |
- 1144 SQFT
- 2 BEDS
- |
- 3 BATHS
- |
- 1992 SQFT
- 2 BEDS
- |
- 2 BATHS
- |
- 1615 SQFT
- 2 BEDS
- |
- 3 BATHS
- |
- 1615 SQFT
- 2 BEDS
- |
- 3 BATHS
- |
- 1581 SQFT
- 3 BEDS
- |
- 4 BATHS
- |
- 2223 SQFT
- 2 BEDS
- |
- 3 BATHS
- |
- 1615 SQFT
- 2 BEDS
- |
- 4 BATHS
- |
- 1549 SQFT
Marina Residences
Marina Residences ranks second on the list of popular areas with apartments for rent on the Palm Jumeirah. The multi-building complex offers a range of perks, including round-the-clock security, designated parking spots and dedicated maintenance staff to ensure that everything runs smoothly.
As per the current rent trends in Palm Jumeirah, apartments for rent in Marina Residences are popular among potential tenants looking for 2-bed flats, which average at AED 228k per annum. A luxe 3-bedroom apartment for rent is available for AED 308k per year. Marina Residences floor plans can offer a better view of the layouts available in the building.
- 4 BEDS
- |
- 5 BATHS
- |
- 5415 SQFT
- 3 BEDS
- |
- 4 BATHS
- |
- 3325 SQFT
- 3 BEDS
- |
- 3 BATHS
- |
- 2523 SQFT
- 2 BEDS
- |
- 4 BATHS
- |
- 1756 SQFT
- 2 BEDS
- |
- 3 BATHS
- |
- 1615 SQFT
- 2 BEDS
- |
- 4 BATHS
- |
- 3867 SQFT
Seven Palm
Seven Palm is a sought-after development that offers opulent apartments for rent in Palm Jumeirah. Each flat offers stunning waterfront views. The two towers are connected at the top by an impressive infinity pool.
The apartments for rent in Seven Palm include studios and 1, 2, 3, and 4-bedroom flats. On average, renting studios in Seven Palm costs AED 110k per year. The 1-bedroom unit has an average rental cost of AED 178k. Similarly, on average, 2 and 3-bedroom apartments for rent are available for AED 245k and AED 380k per year, respectively.
Tiara Residences
Those searching for apartments for rent in Palm Jumeirah may focus their search on Tiara Residences. This is a complex of seven residential buildings and 15 floors.
Located next to Nakheel Mall, the development is ideal for those searching for accommodations near the city’s best retail hubs. Tiara Residences offers access to various amenities like a swimming pool, jacuzzi, gym and sauna. There is a play area for kids and a volleyball court.
With several units to choose from, prospective tenants are spoilt for choice in terms of apartments for rent in Tiara Residences. Available in different configurations, the average cost to rent a 1BHK apartment is AED 179k. Similarly, the average yearly rental cost for 2 and 3-bedroom luxury apartments is AED 250k and AED 345k, respectively.
Best areas to rent villas in Palm Jumeirah
Tenants interested in larger units can explore the villa rentals in Palm Jumeirah, available in 4, 5 and 6 bedroom layouts. Renting villas in Palm Jumeirah is also a popular choice for residents in the UAE looking to live in larger homes that provide direct access to the beach.
According to rental transactions recorded in Palm Jumeirah over the past 12 months, Signature Villas and Gardens Homes are particularly popular for renting a home on the island. If you are thinking of moving into a villa here, these are the top areas with Palm Jumeirah villas for rent that you can consider:
Garden Homes, Palm Jumeirah
The luxury villas of the Garden Homes community in Palm Jumeirah take the first spot for the most popular areas to rent villas in Palm Jumeirah.
The villas for rent in Garden Homes come with two private garage spaces, a swimming pool and a spacious lawn. The residents of Garden Homes villas also enjoy privacy, exclusivity and safety as there is 24-hour security for these homes.
- 5 BEDS
- |
- 6 BATHS
- |
- 7075 SQFT
- 5 BEDS
- |
- 6 BATHS
- |
- 7072 SQFT
- 5 BEDS
- |
- 6 BATHS
- |
- 7363 SQFT
- 4 BEDS
- |
- 5 BATHS
- |
- 6699 SQFT
- 4 BEDS
- |
- 5 BATHS
- |
- 6997 SQFT
- 4 BEDS
- |
- 6 BATHS
- |
- 7078 SQFT
- 4 BEDS
- |
- 5 BATHS
- |
- 7059 SQFT
- 4 BEDS
- |
- 5 BATHS
- |
- 7077 SQFT
- 4 BEDS
- |
- 6 BATHS
- |
- 6690 SQFT
Apart from comfortable living experiences, Garden Homes has plenty of options for tenants who follow an active lifestyle. Fitness enthusiasts can utilise the community’s jogging tracks and shared gym.
The available inventory of villas for rent in Garden Homes Palm Jumeirah is popular for larger homes. The cost to rent a 3-bedroom villa is AED 750k. The average annual rent for 4, 5 and 6-bed villas here is AED 1.13M, AED 1.43M and AED 2.18M, respectively.
Signature Villas, Palm Jumeirah
Taking the second spot is Signature Villas in Palm Jumeirah. Featuring deluxe beach-front villas that boast distinct themes and styles, the villas for rent in Signature Villas epitomise luxury living in Dubai.
Apart from direct beach access, houses on the island have pools, private garages for two cars and round-the-clock security. Another added benefit is that Signature Villas is a pet-friendly community in Dubai, so your furry friends are also equally welcome.
According to our data experts, the average annual price to rent a 4-bedroom house in the community is AED 1.30M per annum. Larger 5 and 6-bedroom villas have an average yearly rent amounting to AED 1.36M and 2.52M, respectively.
Cove Canal
Nestled along the iconic fronds of Palm Jumeirah, Cove Canal is one of the popular areas to rent flats and villas in Palm Jumeirah. The properties available in the sub-community range between 3 to 6 bedroom units.
Many homes for rent come with several impressive amenities, such as private pools, lush gardens and ample parking spaces.
Tenants can rent luxurious 3-bedroom villas in Cove Canal for AED 750k per year. Larger homes with 4-bedroom villas for rent have an average yearly rent of AED 1.10M. Luxurious 5 and 6 villas are rented out for AED 1.32M and AED 1.80M on average, respectively.
Kingdom of Sheba
Villas for rent in the Kingdom of Sheba are also ideal for those interested in living in this upscale island community. In addition to spacious accommodations, the Kingdom of Sheba is close to one of Dubai’s most famous landmarks, like Atlantis in The Palm.
Get 4 and 5 bedroom villas for rent in Kingdom of Sheba for AED 1.21M and 1.32M, respectively. An opulent 6-bedroom home in the community will set you back by AED 1.80M annually.
FAQs About Popular Areas to Rent Flats and Villas in Palm Jumeirah
Where else can we rent flats and villas in Palm Jumeirah?
Besides the aforementioned options, The Crescent is another sub-community in Palm Jumeirah where prospective tenants are keen on renting apartments.
A monorail connects the neighbourhood with other parts of the community. It is a family-friendly area where some properties come with a private beach. The apartments for rent in The Crescent average at AED 176k for 1-bed, AED 258k for 2-bed units.
What is there to do in the Palm Jumeirah?
There is plenty to see and do at the Palm Jumeirah. For one, it’s the perfect place for a staycation. The palm-shaped area is home to some of the city’s most luxurious beachside resorts, including the world-famous Atlantis the Palm hotel.
If you’re on a restricted budget, no worries, there are also several free things to do on the Palm. For example, you can take a stroll along The Boardwalk at Palm Jumeirah – an 11 km long wooden walkway that hugs the coastline.
Is Palm Jumeirah a good place to live as a tenant?
A lot of expats move onto Palm Jumeirah as tenants every year. The island is one of the best areas for luxury rental properties. The archipelago is also globally popular in terms of property investments.
What are the pros and cons of living here?
Living in Palm Jumeirah is like a dream come true. It features some of the best attractions in the city along with opulent residential options. However, prospective residents must consider the benefits and possible challenges of life on the island before moving in.
For instance, you can expect to pay a pretty penny for the attractions since it is, after all, one of the most luxurious addresses in Dubai. However, for most residents, perks like self-sufficient neighbourhoods, beachfront living and an active social calendar make up for it.
That is all we have for you on the properties for rent in Palm Jumeirah. Stay tuned to MyBayut for more updates on UAE real estate. Our guide to the top areas to buy property in Palm Jumeirah can help you find suitable investments in the area. If you want to live a lavish lifestyle, consider investing in the most expensive properties on Palm Jumeirah.
Do you live on Palm Jumeirah? Share your experiences with us in the comments section below.
Make sure you are subscribed to MyBayut for more updates and information about all the trending areas in Dubai and the UAE.
