2024 Real Estate Market Prices for Renting in Jumeirah Garden City, Dubai

Jumeirah Garden City remains one of Dubai’s premier locations, offering a blend of luxury living, prime real estate, and a strategic central location. As we head into 2024, the demand for rental properties in this exclusive neighborhood continues to rise, making it a sought-after choice for expatriates, professionals, and families alike.

In this article, we will explore the current rental prices in Jumeirah Garden City, Dubai, providing valuable insights into what you can expect when renting property in this upscale area.

Why Rent in Jumeirah Garden City, Dubai?

Jumeirah Garden City offers an exceptional lifestyle with access to a range of luxury properties and world-class amenities. Here are some reasons why Jumeirah Garden City continues to be a top choice for renters:

• Prime Location: Situated along Sheikh Zayed Road, it provides easy access to business districts like Downtown Dubai, Business Bay, and Dubai Marina, along with proximity to Dubai International Airport and major shopping destinations.
• Luxury Living: The area is home to high-end apartments, spacious villas, and exclusive gated communities, many with premium features such as private pools, gyms, and expansive gardens.
• Green Spaces & Tranquility: Despite being in the heart of Dubai, the area boasts lush green spaces, parks, and walking trails, offering a tranquil living environment ideal for families and individuals seeking a peaceful yet urban lifestyle.
• Top-Tier Amenities: Jumeirah Garden City is surrounded by a wide array of amenities, including world-class schools, hospitals, shopping malls, restaurants, and entertainment options, making it a convenient and comfortable place to live.

Rental Prices in Jumeirah Garden City (2024)

The rental market in Jumeirah Garden City is characterized by premium properties and high demand. Rental prices vary depending on the property type, size, and location within the community. Below are the average rental prices for 2024:

Residential Properties for Rent

1. Apartments for Rent:

• 1-Bedroom Apartments: AED 90,000 to AED 130,000 per year
• 2-Bedroom Apartments: AED 140,000 to AED 200,000 per year
• 3-Bedroom Apartments: AED 200,000 to AED 300,000 per year

1. Factors: Prices for apartments are influenced by the floor level, view, property age, and proximity to amenities. Apartments with city views, higher floors, or those in newer developments tend to command higher rents.
2. Villas for Rent:

• 3-Bedroom Villas: AED 220,000 to AED 350,000 per year
• 4-Bedroom Villas: AED 350,000 to AED 500,000 per year
• 5+ Bedroom Luxury Villas: AED 500,000 to AED 800,000+ per year

1. Factors: Villas are typically priced higher than apartments due to their larger size, private gardens, and additional features such as private pools, spacious interiors, and exclusive locations within the community.

Commercial Properties for Rent

1. Retail Spaces for Rent:

• Retail spaces in Jumeirah Garden City range from AED 180 to AED 400 per square foot, depending on the location within the development and proximity to high-traffic areas or major roads.

1. Office Spaces for Rent:

• Office rentals in Jumeirah Garden City vary between AED 1,500 to AED 3,000 per square foot, with the final price depending on the building's age, amenities, and floor positioning.

Conclusion: Renting in Jumeirah Garden City, Dubai in 2024

Jumeirah Garden City remains one of Dubai’s most prestigious and desirable locations for both local and international renters. With its luxury apartments, spacious villas, and prime location, it continues to attract individuals and families looking for a high-quality living experience in the heart of the city.

While rental prices in Jumeirah Garden City are on the higher end due to the exclusivity and amenities offered, the investment in quality living and access to Dubai’s key areas makes it an appealing choice for those looking to rent in Dubai.

If you're interested in renting a property in Jumeirah Garden City, whether it's an apartment or villa, our team is ready to help you find the perfect home. Contact us today for the latest listings and rental opportunities.