Properties for rent in Residences 16

What is the asking rent for a property in Residences 16?

You can find rental properties listed for an average of AED 125,701 per year. Property type, size, features and location can impact the rental price. 

How many properties for rent are there in Residences 16?

As of now, the number of advertised residential properties available is 27 on Bayut.

What is the range of asking rents for Residences 16's properties?

You can find rental properties in Residences 16 for a price between AED 95,000 and AED 425,000 per annum.

How much did the rental prices change for properties in Residences 16? 

Recent trends depict a change of -1% 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 Residences 16?

If you are looking for top-rated schools near Residences 16, consider the following:

• International Concept for Education
• Chubby Cheeks Business Bay
• Dubai International Private School Al Quoz

Which childcare nurseries are situated near Residences 16?

Consider the following when looking for nurseries located in the vicinity of Residences 16:

• Odyssey Nursery Meydan
• Blue Bird Nursery Al Quoz
• Canadian Kids Nursery Dubai

Which neighbouring areas can be explored for renting properties?

These areas close to Residences 16 are highly preferred by renters:

• Meydan City
• Downtown Dubai
• Al Quoz

Who ranks among the top real estate agencies in Residences 16 with rental properties?

These agencies are in the lead with the highest number of residential properties listed in Residences 16:

• Driven Properties
• J U S Properties
• Keller Williams (SZR Branch)

What is the volume of transactions for properties in Residences 16?

During the past year, the transaction volume of new contracts registered for rental properties in Residences 16 was 31.

What is the average annual rent for Residences 16 properties?

The average rental price for residential properties is AED 110,296 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 Residences 16?

The average rent changed by -7% over the last 6 months as per the transactional data from DLD. Change in property prices can be due to the prevailing market conditions.