Properties for rent in API 1000

What is the asking rent for a property in API 1000?

You can find rental properties listed for an average of AED 155,014 per year. Property type, size, features and location can impact the rental price. 

How many properties for rent are there in API 1000?

As of now, the number of advertised residential properties available is 7 on Bayut.

What is the range of asking rents for API 1000's properties?

You can find rental properties in API 1000 for a price between AED 145,000 and AED 170,000 per annum.

How much did the rental prices change for properties in API 1000? 

Recent trends depict a change of +3% 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 API 1000?

If you are looking for top-rated schools near API 1000, consider the following:

• Horizon International School, Dubai
• Emirates International School, Jumeirah
• Raffles World Academy

Which childcare nurseries are situated near API 1000?

Consider the following when looking for nurseries located in the vicinity of API 1000:

• Rays of Light Nursery
• Kids Palace Nursery
• Blossom Nursery Al Manara

Which neighbouring areas can be explored for renting properties?

These areas close to API 1000 are highly preferred by renters:

• Al Manara
• Madinat Jumeirah Living
• Umm Suqeim

What are the asking rents of properties in locations near API 1000?

The average asking rents of properties listed in locations near API 1000 are:

• Al Manara: AED 555,873
• Madinat Jumeirah Living: AED 191,181
• Umm Suqeim: AED 598,424

What is the volume of transactions for properties in API 1000?

During the past year, the transaction volume of new contracts registered for rental properties in API 1000 was 24.

What is the average annual rent for API 1000 properties?

The average rental price for residential properties is AED 155,253 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 API 1000?

The average rent changed by -6% 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 API 1000 vary?

Below are areas close to API 1000 along with average prices of properties rented as per DLD's tranactional data:

• Al Manara: AED 360,135
• Madinat Jumeirah Living: AED 168,189
• Umm Suqeim: AED 388,772