Properties for rent in The Residence 1

What is the asking rent for a property in The Residence 1?

You can find rental properties listed for an average of AED 248,028 per year. Property type, size, features and location can impact the rental price. 

How many properties for rent are there in The Residence 1?

As of now, the number of advertised residential properties available is 19 on Bayut.

What is the range of asking rents for The Residence 1's properties?

You can find rental properties in The Residence 1 for a price between AED 134,888 and AED 500,000 per annum.

How much did the rental prices change for properties in The Residence 1? 

Recent trends depict a change of +8% 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 Residence 1?

If you are looking for top-rated schools near The Residence 1, consider the following:

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

Which childcare nurseries are situated near The Residence 1?

Consider the following when looking for nurseries located in the vicinity of The Residence 1:

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

Which neighbouring areas can be explored for renting properties?

These areas close to The Residence 1 are highly preferred by renters:

• Business Bay
• Sheikh Zayed Road
• Al Wasl

Who ranks among the top real estate agencies in The Residence 1 with rental properties?

These agencies are in the lead with the highest number of residential properties listed in The Residence 1:

• Allsopp & Allsopp - Business Bay Residential Lettings
• LuxuryProperty.com
• Crystal Lagoon Real Estate

What is the volume of transactions for properties in The Residence 1?

During the past year, the transaction volume of new contracts registered for rental properties in The Residence 1 was 34.

What is the average annual rent for The Residence 1 properties?

The average rental price for residential properties is AED 211,509 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 Residence 1?

The average rent changed by +13% over the last 6 months as per the transactional data from DLD. Change in property prices can be due to the prevailing market conditions.