Apartments for rent in Palace Residences

What's the rental price range for apartments listed in Palace Residences?

Apartments available in Palace Residences are listed for rent between AED 94,999 and AED 650,000 per year.

What is the average rent of listed apartments in Palace Residences?

The average rental value of Palace Residences apartments on Bayut is AED 188,211 per annum. Rental prices can vary depending on the size, type, features and location of the apartment.

1 Bedroom: AED 119,783

2 Bedrooms: AED 181,189

3 Bedrooms: AED 303,315

What is the count of flats listed for rent in Palace Residences?

The total count of Palace Residences apartments currently listed on Bayut is 154.

Has there been any change in the rental cost of apartments listed in Palace Residences?

Listings on Bayut reflect a change of -7% over the last 6 months in the prices of flats for rent in Palace Residences. The change in prices can be due to the prevailing market conditions and new developments.

Which areas can be considered when exploring apartments for rent near Palace Residences?

You can explore the following neighborhoods to find rentals near Palace Residences:

• Dubai Festival City
• Dubai Healthcare City Phase 2
• Ras Al Khor

Which schools are located in the vicinity of Palace Residences?

Consider the following when looking for schools located near Palace Residences:

• Swiss International Scientific School, Dubai
• Universal American School
• Chubby Cheeks Jadaf

What options are there for nurseries near Palace Residences?

If you are looking for nurseries in the vicinity of Palace Residences, check out the following: 

• Blossom Nursery Creek Harbour
• Blue Bird Nursery Nad Al Hammar
• Redwood Montessori Nursery Garhoud

How do asking rents of flats listed in areas close to Palace Residences vary?

Below are areas close to Palace Residences along with average asking rents of apartments listed on Bayut:

• Dubai Festival City: AED 181,303
• Dubai Healthcare City Phase 2: AED 113,399
• Ras Al Khor: AED 97,628

How many new contracts for rental flats were recorded in Palace Residences recently?

In the last 12 months, 202 new rental contracts for apartments were registered in Palace Residences.

What is the average rent for apartments in Palace Residences according to the DLD transactions?

The average price for flats rented in Palace Residences is AED 162,690. Moreover, the rent of some apartments can go lower or higher than average based on the apartment’s size, type, conditions and location.

1 Bedroom: AED 115,896

2 Bedrooms: AED 173,043

3 Bedrooms: AED 302,106

Were there changes in the rent of Palace Residences apartments?

The rental costs of flats have seen a shift of -15% according to the transactional data recorded by DLD over the last 12 months. Changes in prices can be a result of the changing market dynamics.

What are the transaction prices of flats rented in areas near Palace Residences?

The average transaction prices of flats rented in nearby areas are highlighted below:

• Dubai Festival City: AED 146,621
• Dubai Healthcare City Phase 2: AED 91,754
• Ras Al Khor: AED 75,905