Properties for rent in The Old Town Island

What is the asking rent for a property in The Old Town Island?

You can find rental properties listed for an average of AED 202,468 per year. Property type, size, features and location can impact the rental price. 

How many properties for rent are there in The Old Town Island?

As of now, the number of advertised residential properties available is 53 on Bayut.

Which locations should I consider when renting properties in The Old Town Island?

When finding a residential property in The Old Town Island, the following popular locations are worth considering:

• Attareen
• Tajer Residence

What is the range of asking rents for The Old Town Island's properties?

You can find rental properties in The Old Town Island for a price between AED 127,000 and AED 410,000 per annum.

How much did the rental prices change for properties in The Old Town Island? 

Recent trends depict a change of -6% over the past 6 months in the asking annual rent for residential properties. New developments and changing market dynamics can impact the prices of properties. 

Which reputable schools are near The Old Town Island?

If you are looking for top-rated schools near The Old Town Island, consider the following:

• GEMS Wellington Primary School
• JSS Private School
• Horizon English School (HES)

Which childcare nurseries are situated near The Old Town Island?

Consider the following when looking for nurseries located in the vicinity of The Old Town Island:

• Blossom Nursery Downtown Dubai
• Toddler Town Downtown Dubai
• Blossom Nursery Business Bay

Which neighbouring areas can be explored for renting properties?

These areas close to The Old Town Island are highly preferred by renters:

• Business Bay
• Za'abeel
• Sheikh Zayed Road

What are the asking rents of properties in locations near The Old Town Island?

The average asking rents of properties listed in locations near The Old Town Island are:

• Business Bay: AED 133,362
• Za'abeel: AED 272,317
• Sheikh Zayed Road: AED 151,484

What is the volume of transactions for properties in The Old Town Island?

During the past year, the transaction volume of new contracts registered for rental properties in The Old Town Island was 58.

What is the average annual rent for The Old Town Island properties?

The average rental price for residential properties is AED 181,869 according to DLD’s transactional data from the past 12 months. The rental price of a property depends on various factors such as size, location, amenities, etc.

Did average rent increase or decrease for properties in The Old Town Island?

The average rent changed by -17% over the last 6 months as per the transactional data from DLD. Change in property prices can be due to the prevailing market conditions.

How do transaction prices of properties rented in areas close to The Old Town Island vary?

Below are areas close to The Old Town Island along with average prices of properties rented as per DLD's tranactional data:

• Business Bay: AED 112,522
• Za'abeel: AED 232,891
• Sheikh Zayed Road: AED 120,662