Properties for rent in Residence 1

What is the asking rent for a property in Residence 1?

You can find rental properties listed for an average of AED 104,522 per year. Property type, size, features and location can impact the rental price. 

How many properties for rent are there in Residence 1?

As of now, the number of advertised residential properties available is 5 on Bayut.

What is the range of asking rents for Residence 1's properties?

You can find rental properties in Residence 1 for a price between AED 92,000 and AED 125,000 per annum.

How much did the rental prices change for properties in Residence 1? 

Recent trends depict a change of +2% over the past 6 months in the asking annual rent for residential properties. New developments and changing market dynamics can impact the prices of properties. 

Which reputable schools are near Residence 1?

If you are looking for top-rated schools near Residence 1, consider the following:

• International Concept for Education
• Rashid School for Boys
• Chubby Cheeks Business Bay

Which childcare nurseries are situated near Residence 1?

Consider the following when looking for nurseries located in the vicinity of Residence 1:

• Odyssey Nursery Meydan
• Creative Kids Nursery Business Bay
• Blossom Nursery Dubai Design District

Who ranks among the top real estate agencies in Residence 1 with rental properties?

These agencies are in the lead with the highest number of residential properties listed in Residence 1:

• Foot Print Real Estate
• Fam Living Dubai

What is the volume of transactions for properties in Residence 1?

During the past year, the transaction volume of new contracts registered for rental properties in Residence 1 was 43.

What is the average annual rent for Residence 1 properties?

The average rental price for residential properties is AED 112,165 according to DLD’s transactional data from the past 12 months. The rental price of a property depends on various factors such as size, location, amenities, etc.

Did average rent increase or decrease for properties in Residence 1?

The average rent changed by +8% over the last 6 months as per the transactional data from DLD. Change in property prices can be due to the prevailing market conditions.