Properties for rent in Palace Residences

What is the asking rent for a property in Palace Residences?

You can find rental properties listed for an average of AED 188,211 per year. Property type, size, features and location can impact the rental price. 

How many properties for rent are there in Palace Residences?

As of now, the number of advertised residential properties available is 154 on Bayut.

What is the range of asking rents for Palace Residences's properties?

You can find rental properties in Palace Residences for a price between AED 94,999 and AED 650,000 per annum.

How much did the rental prices change for properties in Palace Residences? 

Recent trends depict a change of -7% 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 Palace Residences?

If you are looking for top-rated schools near Palace Residences, consider the following:

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

Which childcare nurseries are situated near Palace Residences?

Consider the following when looking for nurseries located in the vicinity of Palace Residences:

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

Which neighbouring areas can be explored for renting properties?

These areas close to Palace Residences are highly preferred by renters:

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

What are the asking rents of properties in locations near Palace Residences?

The average asking rents of properties listed in locations near Palace Residences are:

• Dubai Festival City: AED 193,617
• Dubai Healthcare City Phase 2: AED 113,478
• Ras Al Khor: AED 100,495

What is the volume of transactions for properties in Palace Residences?

During the past year, the transaction volume of new contracts registered for rental properties in Palace Residences was 202.

What is the average annual rent for Palace Residences properties?

The average rental price for residential properties is AED 162,690 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 Palace Residences?

The average rent changed by -15% 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 Palace Residences vary?

Below are areas close to Palace Residences along with average prices of properties rented as per DLD's tranactional data:

• Dubai Festival City: AED 152,615
• Dubai Healthcare City Phase 2: AED 91,754
• Ras Al Khor: AED 75,905