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Apartments for rent in The Old Town Island

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Last updated date:Sun, 05 Feb 2023 04:47:32 GMT115000 to 500000 AED yearly
  • 1 Bedroom Flat for Rent in Downtown Dubai, Dubai - Burj Khalifa View -  Spacious - Old town Dubai
    on January 16, 2023
    AED115,000
    Yearly
    Tajer Residence, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    Burj Khalifa View - Spacious - Old town Dubai

    121,047 sqft
    fäm Properties - Branch 3
  • 2 Bedroom Apartment for Rent in Downtown Dubai, Dubai - Old Town | Large Garden | Fully Furnished
    on January 31, 2023
    History
    AED280,000
    Yearly
    Tajer Residence, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    Old Town | Large Garden | Fully Furnished

    232,104 sqft
    Allsopp & Allsopp - Residential Lettings
  • 3 Bedroom Flat for Rent in Downtown Dubai, Dubai - 3 Beds  | Old Town |  Burj Khalifa Views
    Checked
    History
    AED350,000
    Yearly
    Tajer Residence, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    3 Beds | Old Town | Burj Khalifa Views

    352,198 sqft
    Allsopp & Allsopp - Residential Lettings
  • 2 Bedroom Apartment for Rent in Downtown Dubai, Dubai - Prime Location | Fully Furnished | Vacant
    Checked
    History
    AED210,000
    Yearly
    Tajer Residence, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    Prime Location | Fully Furnished | Vacant

    221,395 sqft
    Ax Capital Real Estate
  • 1 Bedroom Flat for Rent in Downtown Dubai, Dubai - Exclusive | Complete Upgrades | December
    Checked
    History
    AED170,000
    Yearly
    Attareen, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    Exclusive | Complete Upgrades | December

    121,384 sqft
    Allsopp & Allsopp - Residential Lettings
  • 2 Bedroom Flat for Rent in Downtown Dubai, Dubai - Gorgeous 2BHR with The Address hotel view
    on January 17, 2023
    AED210,000
    Yearly
    Tajer Residence, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    Gorgeous 2BHR with The Address hotel view

    221,405 sqft
    fäm Properties - Branch 3
  • 2 Bedroom Apartment for Rent in Downtown Dubai, Dubai - Luxury Furnished | Available Now | Community View
    Checked
    History
    AED220,000
    Yearly
    Tajer Residence, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    Luxury Furnished | Available Now | Community View

    221,539 sqft
    haus & haus Real Estate Broker
  • 2 Bedroom Apartment for Rent in Downtown Dubai, Dubai - Unfurnished | Huge Layout | Amazing View
    Checked
    History
    AED340,000
    Yearly
    Attareen, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    Unfurnished | Huge Layout | Amazing View

    233,794 sqft
    AQUA Properties
  • 1 Bedroom Apartment for Rent in Downtown Dubai, Dubai - Furnished | Community Pool View | Vacant
    Checked
    History
    AED150,000
    Yearly
    Tajer Residence, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    Furnished | Community Pool View | Vacant

    121,033 sqft
    White & Co Real Estate
  • 2 Bedroom Apartment for Rent in Downtown Dubai, Dubai - Versace | Available March | Unique
    Checked
    History
    AED395,000
    Yearly
    Attareen, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    Versace | Available March | Unique

    221,545 sqft
    White & Co Real Estate
  • 3 Bedroom Apartment for Rent in Downtown Dubai, Dubai - Largest Unit | Grande Terrace | Maids Room
    AED435,000
    Yearly
    Attareen, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    Largest Unit | Grande Terrace | Maids Room

    363,794 sqft
    White & Co Real Estate
  • 2 Bedroom Flat for Rent in Downtown Dubai, Dubai - Now Available | Chiller Free | Fully Furnished
    Checked
    History
    AED210,000
    Yearly
    Tajer Residence, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    Now Available | Chiller Free | Fully Furnished

    231,395 sqft
    Betterhomes LLC - Business Bay
  • 2 Bedroom Apartment for Rent in Downtown Dubai, Dubai - Small Community | Amazing Location | Available Now
    Checked
    History
    AED300,000
    Yearly
    Tajer Residence, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    Small Community | Amazing Location | Available Now

    231,884 sqft
    White & Co Real Estate
  • 2 Bedroom Flat for Rent in Downtown Dubai, Dubai - Iconic Versace | Smart Home | Bills Inclusive
    Checked
    History
    AED450,000
    Yearly
    Attareen, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    Iconic Versace | Smart Home | Bills Inclusive

    221,545 sqft
    Betterhomes LLC - Business Bay
  • 1 Bedroom Apartment for Rent in Downtown Dubai, Dubai - New Listing | Spacious 1 Bedroom | Burj Views
    Checked
    History
    AED159,000
    Yearly
    Attareen, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    New Listing | Spacious 1 Bedroom | Burj Views

    12990 sqft
    fäm Properties - Branch 3
  • 1 Bedroom Flat for Rent in Downtown Dubai, Dubai - January 23 | Lake View | Classic | Old Town Island
    Checked
    History
    AED115,000
    Yearly
    Attareen, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    January 23 | Lake View | Classic | Old Town Island

    12956 sqft
    Betterhomes LLC - Business Bay
  • 1 Bedroom Flat for Rent in Downtown Dubai, Dubai - Access to The Dubai Mall | Newly furnished | Bills Incl.
    Checked
    History
    AED160,000
    Yearly
    Tajer Residence, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    Access to The Dubai Mall | Newly furnished | Bills Incl.

    12957 sqft
    A L H Properties L. L. C.
  • 2 Bedroom Apartment for Rent in Downtown Dubai, Dubai - Full Garden | Burj Khalifa View I Furnished
    AED280,000
    Yearly
    Tajer Residence, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    Full Garden | Burj Khalifa View I Furnished

    232,105 sqft
    Betterhomes LLC - Business Bay
  • 1 Bedroom Apartment for Rent in Downtown Dubai, Dubai - OT Specialist | Unfurnished | Vacant Now
    AED120,000
    Yearly
    Tajer Residence, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    OT Specialist | Unfurnished | Vacant Now

    121,006 sqft
    Luxfolio Real Estate
  • 2 Bedroom Flat for Rent in Downtown Dubai, Dubai - OT Specialist | Burj & Lake View | Vacant March
    AED180,000
    Yearly
    Tajer Residence, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    OT Specialist | Burj & Lake View | Vacant March

    231,418 sqft
    Luxfolio Real Estate
  • 1 Bedroom Apartment for Rent in Downtown Dubai, Dubai - Chiller Free | Spacious Layout | Prime Location
    AED140,000
    Yearly
    Tajer Residence, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    Chiller Free | Spacious Layout | Prime Location

    121,021 sqft
    haus & haus Real Estate Broker
  • 2 Bedroom Flat for Rent in Downtown Dubai, Dubai - Well Maintained  | Fountain View | Vacant
    AED180,000
    Yearly
    Tajer Residence, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    Well Maintained | Fountain View | Vacant

    231,402 sqft
    Betterhomes LLC - Business Bay
  • 3 Bedroom Apartment for Rent in Downtown Dubai, Dubai - 3B | Burj Khalifa Fountain View | Chiller Free
    AED500,000
    Yearly
    Tajer Residence, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    3B | Burj Khalifa Fountain View | Chiller Free

    352,678 sqft
    AEON & Trisl Real Estate Broker LLC
  • 2 Bedroom Flat for Rent in Downtown Dubai, Dubai - OT Specialist | Vacant | Fully Furnished
    AED210,000
    Yearly
    Tajer Residence, The Old Town Island, Downtown Dubai, Dubai
    Apartment

    OT Specialist | Vacant | Fully Furnished

    231,395 sqft
    Luxfolio Real Estate
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Renting an Apartment in The Old Town Island

An exquisite residential community located in the heart of Dubai, Old Town Island is a sub-community of Old Town that has its construction based on traditional Arab designs. One of the most dynamic properties in Old Town, the Old Town Island is further divided into four quarters that offer exclusive apartments with spacious master bedrooms. Old Town Island is a plethora of hotels, apartment buildings, entertainment facilities, restaurants, retail shops, cafes and offices.

Types of Apartments in Old Town Island

A literal island of residential and cultural diversity, Old Town Island is a part of a dynamic neighbourhood that is distributed into 4 low-rise developments, namely Tajer, The Palace Downtown Dubai, Attareen and Al Bahar. There are a total of 405 residential units offered in these quarters that are further segregated into 1, 2 and 3-bedroom apartments. The units are finely-finished and are fairly spacious as the floor space starts from 900 sq. ft. for 1-bedroom apartments. The area exceeds over 1,200 sq. ft. For 2-bedroom units, the average area specification range starts at approximately 1,400 sq. ft. and goes up to around 2,000 sq. ft., making them relatively 44% larger than other properties in Old Town. Subsequently, the area figures for 3-bedroom apartments in Old Town Island are between average values of 2,700 sq. ft. and 3,000 sq. ft.

Rent Price Trend for Apartments in Old Town Island

Starting with 3-bedroom units, the AED/year graph has experienced an excessive deviation from January 2018 till present. The rent evolution trend shows a rise of 6.59% while the average value has stabilized at AED 235,000 per annum. The range stands between AED 290,000/year and AED 300,000/year. Considerably, 2-bedroom apartments in Old Town Island are available for rent in a mean range that starts from AED 150,000 per year while it rises over to AED 185,000/year. This particular property costs 33% more than average ones in the entire community even though it’s AED/year figure has declined to AED 143,000 from a stable AED 150,000. Finally, for a 1-bedroom unit with 2 bathrooms, the rent range begins at AED 125,000/year that ascends up to AED 150,000/year.

Highlights of Old Town Island

This exquisite community present within the Downtown Dubai has the luxury of being close to excellent 5-star hotels like Vida Downtown, Manzil Downtown, Palace Downtown and Address Downtown. Moreover, the community is surrounded by heaps of restaurants and cafes that offer versatile cuisines in locations like Reem Al Bawadi Restaurant and Café, Thiptara, Tolosa Bodega, Wafi Gourmet and McDonald’s. The facilities related to the Old Town Island apartments include 24/7 security, maintenance services, shared pool, shared gymnasiums, built-in wardrobes, private Jacuzzi and an equipped kitchen with appliances. If you feel that you are bored of seeing the great Burj Khalifa from your balcony then you can drive along the Sheikh Zayed Road that is itself a gateway to a vibrant metropolis where the range of facilities never ends.