Properties for rent in Old Town

Situated directly in the heart of Dubai, Old Town is located right across the tallest building in the world, Burj Khalifa, and is also in the vicinity of the very famous Dubai Mall. The residential developments within Old Town are based in 3-storey low-rise buildings and exclusive mid-rise towers. The architectural designs of the real estate in Old Town are similar to the residential properties in Sheikh Saeed Al Makhtoum and Bur Dubai. Stretched right aside Sheikh Zayed Road allows easy access to other popular/newer developments such as the fabulous Dubai Marina. Old Town offers a variety of different real estate options available for both buying and renting purposes.

Types of Properties in Old Town

Situated between Downtown Dubai and Business Bay, Old Town offers a variety of different real estate options. From residential developments such as furnished flats, fitted villas, and penthouses, Old Town also offers plenty of commercial offices that are available for rent. If you’re looking for a flat, Old Town has a variety of studios and 1, 2, 3, and 4-bedroom furnished and unfurnished units. These units are equipped with features such as a separate room for house help, a spacious lounge, attached baths, a balcony/terrace as well as 2 parking spots. However, if you’re looking for a house, the available options have a well-designed interior along with attached baths, modern kitchens fitted with wooden cabinets, 24/concierge and a central air-cooling and heating system. 

Rent Price Trend for Properties in Old Town

Situated just a short drive away from Burj Khalifa, Old Town is a residential community that offers a variety of different real estate options. The yearly price of a 3-bedroom villa for rent in Old Town ranges from AED 350,000 to AED 400,000. The yearly rental price of 1 to 2-bedroom apartments in Old Town will cost you from AED 74,999 to AED 290,000. Similarly, the yearly rent of a 3 to 4-bed unit in Old Town ranges from AED 175,000 to AED 415,000. However, if you’re looking for a studio flat, it will cost you an average rent of AED 85,000 yearly. There are a number of penthouses available for rent in Old Town that will cost you anywhere between AED 185,000 to AED 300,000 yearly. 

Popular Areas of Old Town

Surrounded by many shopping centres as well as retail hubs, Old Town is also remotely close to the main Dubai Mall, the largest Mall in town. Other shopping hubs such as Jumeirah Plaza, Lamcy Plaza, and Oasis Center along with other retail stores and outlets are also located nearby. Some well-known educational centres are also located near this residential community, including Gems Wellington Primary School, Dubai Modern High School, London Business School, and Canadian University. All of these educational facilities are equipped with reliable education and renowned faculty. In addition to that, some famous hospitals such as Medicare Hospital, Emirates Hospital, and Dubai London Clinic are also just a few minutes away from Old Town.

Reasons for Renting in Old Town

Old Town is the place to be if you really want to experience life in Dubai. Having every basic living necessity of life, the locality is considered one of the most convenient places to live in. Old Town is also just a short drive away from International Convention Center in Dubai. Other localities, such as DIFC and Business Bay are also remotely close to the residential community of Old Town. For people who are either relocating or simply searching for a family-oriented neighbourhood, real estate in Old Town is something they should look into.