2024 Rental Market Price for Properties in Al Furjan, Dubai

Category: Rent and Lease, Posted at Nov. 21, 2024,

Al Furjan is one of Dubai’s fastest-growing communities, known for its affordable living options without compromising on quality. Its prime location, excellent connectivity to major highways like Sheikh Zayed Road, and proximity to key areas such as Dubai Marina, Jumeirah Lake Towers (JLT), and Expo City make it a desirable choice for renters. The development of a new metro line will further enhance its appeal, offering even more convenience for commuters.

For renters seeking a quiet, family-friendly community with easy access to work and entertainment, Al Furjan is a fantastic choice. In 2024, the neighborhood continues to grow, and rental prices remain competitive, making it an attractive option for individuals and families alike.

Current Rental Prices in Al Furjan (2024)

As of 2024, Al Furjan remains one of the most affordable residential areas in Dubai. The rental prices reflect the area’s excellent value for money, with properties offering modern designs and a wide range of amenities. Below is an overview of the average rental prices in Al Furjan:

Apartments:
1-Bedroom Apartments: The annual rent for a 1-bedroom apartment in Al Furjan typically ranges from AED 40,000 to AED 55,000.
2-Bedroom Apartments: Rent for a 2-bedroom apartment generally falls between AED 55,000 and AED 75,000 per year.
3-Bedroom Apartments: A 3-bedroom apartment in Al Furjan is usually priced between AED 75,000 and AED 95,000 annually.
Townhouses:
3-Bedroom Townhouses: The rental price for a 3-bedroom townhouse in Al Furjan typically ranges from AED 100,000 to AED 130,000 per year.
4-Bedroom Townhouses: Rent for 4-bedroom townhouses can range from AED 130,000 to AED 160,000 annually.
Villas:
4-Bedroom Villas: The rent for a 4-bedroom villa in Al Furjan typically falls between AED 140,000 and AED 170,000 annually.
5-Bedroom Villas: For larger 5-bedroom villas, rental prices are typically between AED 170,000 and AED 200,000 per year.

Conclusion: Renting Property in Al Furjan in 2024

In conclusion, Al Furjan continues to be one of Dubai's most desirable areas for renting property in 2024. With its affordability, family-friendly atmosphere, prime location, and continuous development, renters are drawn to the area’s diverse range of properties. Whether you’re looking for a modern apartment, a spacious townhouse, or a villa, Al Furjan offers a variety of options to suit different needs and budgets.

As the demand for properties continues to rise, rental prices are expected to experience moderate increases in 2024, making it an ideal time for potential renters to secure a home in this rapidly developing community.