Apartments for rent in Park Place Tower

What's the rental price range for apartments listed in Park Place Tower?

Apartments available in Park Place Tower are listed for rent between AED 74,000 and AED 275,000 per year.

What is the average rent of listed apartments in Park Place Tower?

The average rental value of Park Place Tower apartments on Bayut is AED 146,780 per annum. Rental prices can vary depending on the size, type, features and location of the apartment.

What are the rental prices of apartments listed on Bayut by size in Park Place Tower?

According to Bayut's listings from the past 6 months, the average rental prices for flats listed in Park Place Tower, segmented by size, are outlined below:

• Studio: AED 77,790
• 1 Bedroom: AED 113,958
• 2 Bedrooms: AED 155,188
• 3 Bedrooms: AED 238,793

What is the count of flats listed for rent in Park Place Tower?

The total count of Park Place Tower apartments currently listed on Bayut is 258.

Has there been any change in the rental cost of apartments listed in Park Place Tower?

Listings on Bayut reflect a change of -2% over the last 6 months in the prices of flats for rent in Park Place Tower. 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 Park Place Tower?

You can explore the following neighborhoods to find rentals near Park Place Tower:

• Dubai World Trade Centre (DWTC)
• Jumeirah Garden City
• Wasl 1

Which schools are located in the vicinity of Park Place Tower?

Consider the following when looking for schools located near Park Place Tower:

• GEMS Wellington Primary School
• Ambassador Kindergarten
• Ambassador School

What options are there for nurseries near Park Place Tower?

If you are looking for nurseries in the vicinity of Park Place Tower, check out the following: 

• Ora Nursery
• Hummingbird Nursery DIFC
• Odyssey Nursery Sheikh Zayed Road

How do asking rents of flats listed in areas close to Park Place Tower vary?

Below are areas close to Park Place Tower along with average asking rents of apartments listed on Bayut:

• Dubai World Trade Centre (DWTC): AED 194,190
• Jumeirah Garden City: AED 97,157
• Wasl 1: AED 135,284

How many new contracts for rental flats were recorded in Park Place Tower recently?

In the last 12 months, 86 new rental contracts for apartments were registered in Park Place Tower.

What is the average rent for apartments in Park Place Tower according to the DLD transactions?

The average price for flats rented in Park Place Tower is AED 132,384. Moreover, the rent of some apartments can go lower or higher than average based on the apartment’s size, type, conditions and location.

How much is the price for flats rented in Park Place Tower by various bedroom categories?

The average rental prices for apartments in Park Place Tower based on bedroom categories are highlighted below:

• Studio: AED 67,625
• 1 Bedroom: AED 104,800
• 2 Bedrooms: AED 148,167
• 3 Bedrooms: AED 222,400

Were there changes in the rent of Park Place Tower apartments?

The rental costs of flats have seen a shift of -14% 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 Park Place Tower?

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

• Dubai World Trade Centre (DWTC): AED 169,501
• Jumeirah Garden City: AED 86,126
• Wasl 1: AED 127,527