Real Estate Rental Market in Dubai South (2024)

Category: Rent and Lease, Posted at Nov. 18, 2024,

Overview of Dubai South

Dubai South, also known as Dubai World Central (DWC), is a master-planned community that spans 145 square kilometers. It is expected to become a key destination for both residential and commercial purposes, thanks to its proximity to Al Maktoum International Airport and Expo City Dubai. The area is designed with sustainability and modern living in mind, offering ample green spaces, world-class amenities, and cutting-edge infrastructure.

Key Features of Dubai South:

Proximity to major transport links: Dubai South is ideally located close to Al Maktoum International Airport, which is set to be one of the world’s largest airports.
Expo City Dubai: The site of Expo 2020, now repurposed as Expo City Dubai, offers attractions, commercial spaces, and educational institutions that contribute to the area’s growth.
Sustainability: Dubai South emphasizes green living with eco-friendly developments, making it a desirable place for renters seeking a sustainable lifestyle.

With all these advantages, it’s no surprise that rental demand in Dubai South is on the rise.

Rental Market Trends in Dubai South (2024)

As Dubai South continues to develop, rental prices in the area are expected to follow an upward trend in 2024. The combination of residential, commercial, and leisure developments has made this area a highly sought-after location for tenants across different categories.

1. Apartments for Rent in Dubai South

Rental prices for apartments in Dubai South in 2024 vary based on size, type, and the building's proximity to key amenities and transport links. Here's an overview of the typical rental prices for apartments in the area:

Studio Apartments: Rent for studio apartments typically ranges from AED 28,000 to AED 45,000 per year. These are ideal for single tenants or young professionals looking for affordable housing in Dubai.
1-Bedroom Apartments: Expect to pay between AED 40,000 to AED 65,000 annually for a one-bedroom apartment in Dubai South.
2-Bedroom Apartments: Two-bedroom apartments are typically rented for AED 65,000 to AED 95,000 per year.
3-Bedroom Apartments: For a three-bedroom apartment, the rental price usually falls between AED 95,000 to AED 135,000 annually, depending on the apartment’s location and amenities.

The apartments in Dubai South are often modern and well-equipped with facilities such as pools, gyms, and secure parking. As more developments in the area are completed, the range of apartment sizes and styles will continue to expand.

2. Villas and Townhouses for Rent in Dubai South

For families looking for more space and privacy, villas and townhouses are increasingly popular rental options in Dubai South. These properties offer a suburban feel while still being close to the heart of Dubai.

3-Bedroom Villas/Townhouses: Rental prices for three-bedroom villas and townhouses in Dubai South typically range from AED 110,000 to AED 160,000 per year.
4-Bedroom Villas: Larger villas with four or more bedrooms can be rented for AED 160,000 to AED 250,000 annually, depending on the location, size, and community features.
Luxury Villas: High-end, luxury villas with premium amenities such as private pools and landscaped gardens can command rents starting from AED 250,000 to AED 400,000 or more per year.

These larger homes are particularly popular with families or expatriates looking for a comfortable, spacious living environment in a more tranquil area of Dubai.

3. Commercial Properties for Rent

Dubai South isn’t just a residential hub; it also caters to businesses, especially those related to logistics, aviation, and technology. The commercial real estate market in Dubai South has seen growth as more businesses choose to operate in this increasingly connected and well-serviced district.

Office Spaces: Renting office space in Dubai South ranges widely based on the size and type of building. Small offices may start at AED 35,000 to AED 50,000 per year, while larger office spaces in prime locations can exceed AED 150,000 annually.
Retail Spaces: Commercial retail space in Dubai South varies depending on foot traffic, proximity to Expo City, and other factors, with prices ranging from AED 70,000 to AED 250,000 or more annually.

Conclusion: Renting in Dubai South in 2024

Dubai South presents a unique opportunity for renters looking for affordable, sustainable, and well-located housing in Dubai. Whether you’re interested in a modern apartment, a family-friendly townhouse, or a spacious villa, the area offers a wide range of rental options. With continued infrastructure growth, proximity to major business hubs, and a focus on green living, Dubai South is one of the most attractive rental markets in Dubai in 2024.

Are you looking to rent in Dubai South in 2024? Explore available listings today and find your perfect home in this exciting and rapidly developing district.