Properties for rent in Residences 5

What is the asking rent for a property in Residences 5?

You can find rental properties listed for an average of AED 181,027 per year. Property type, size, features and location can impact the rental price. 

How many properties for rent are there in Residences 5?

As of now, the number of advertised residential properties available is 8 on Bayut.

What is the range of asking rents for Residences 5's properties?

You can find rental properties in Residences 5 for a price between AED 100,000 and AED 350,000 per annum.

How much did the rental prices change for properties in Residences 5? 

Recent trends depict a change of -7% 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 Residences 5?

If you are looking for top-rated schools near Residences 5, consider the following:

• International Concept for Education
• Chubby Cheeks Business Bay
• Dubai International Private School Al Quoz

Which childcare nurseries are situated near Residences 5?

Consider the following when looking for nurseries located in the vicinity of Residences 5:

• Odyssey Nursery Meydan
• Creative Kids Nursery Business Bay
• Blue Bird Nursery Al Quoz

Which neighbouring areas can be explored for renting properties?

These areas close to Residences 5 are highly preferred by renters:

• Meydan City
• Downtown Dubai
• Al Quoz

Who ranks among the top real estate agencies in Residences 5 with rental properties?

These agencies are in the lead with the highest number of residential properties listed in Residences 5:

• Driven Properties
• Al Riyady Properties
• Kalinka Middle East

What is the volume of transactions for properties in Residences 5?

During the past year, the transaction volume of new contracts registered for rental properties in Residences 5 was 22.

What is the average annual rent for Residences 5 properties?

The average rental price for residential properties is AED 133,537 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 Residences 5?

The average rent changed by +4% over the last 6 months as per the transactional data from DLD. Change in property prices can be due to the prevailing market conditions.