Economy

# 7 Areas in Dubai for Renting Waterfront Apartments

# 7 Areas in Dubai for Renting Waterfront Apartments

A recent report from the real estate research website "Bayut.com" tracked residential areas overlooking the sea or waterfronts that are the most sought after in Dubai for buying or renting.

**Dubai Marina**

Dubai Marina is a unique area that features luxurious apartments for sale and rent. Built along an artificial waterway, it includes around 200 residential towers, most of which offer waterfront views. The area offers apartments for sale with varying sizes, starting at an average price of AED 776,000 for a studio, AED 1.2 million for one-bedroom apartments, AED 1.925 million for two-bedroom apartments, and AED 3.2 million for three-bedroom apartments. The average annual rent is approximately AED 68,000 for a studio, AED 91,000 for a one-bedroom apartment, AED 133,000 for a two-bedroom apartment, and AED 198,000 for a three-bedroom apartment.

**Palm Jumeirah**

Palm Jumeirah was designed with exceptional luxury, featuring high-end recreational and service facilities, along with restaurants, cafes, shops, medical clinics, nurseries, and some of the best schools. Apartment sale prices range from AED 1.325 million for a studio, AED 2.53 million for a one-bedroom apartment, AED 3.19 million for a two-bedroom apartment, and AED 5.49 million for a three-bedroom apartment. The average annual rent in the area is about AED 84,000 for a studio, AED 139,000 for a one-bedroom apartment, AED 170,000 for a two-bedroom apartment, and AED 248,000 for a three-bedroom apartment.

**Jumeirah Beach Residences (JBR)**

JBR is considered one of the best residential neighborhoods for purchasing properties in Dubai, according to reports from "Bayut" and "Dubizzle" regarding property purchases in Dubai for the first quarter of 2022. Apartment sale prices in this area range from AED 1.637 million for a studio, AED 1.82 million for a one-bedroom apartment, AED 2.98 million for a two-bedroom apartment, and AED 3.78 million for three-bedroom apartments. The average annual rental price in the area is AED 69,000 for a studio, AED 93,000 for a one-bedroom apartment, AED 177,000 for a two-bedroom apartment, and AED 212,000 for a three-bedroom apartment.

**Dubai Creek Harbour**

In Dubai Creek Harbour, the sale price for a one-bedroom apartment averages AED 1.175 million, AED 1.92 million for a two-bedroom apartment, and AED 3 million for a three-bedroom apartment. The annual rent averages AED 59,000 for a one-bedroom apartment, AED 90,000 for a two-bedroom apartment, and AED 136,000 for a three-bedroom apartment.

**Bluewaters Island**

Bluewaters Island is a standout project developed by Meraas, featuring entertainment facilities such as the "Ain Dubai," as well as world-class beaches and tourist resorts. The sale price for a one-bedroom apartment begins at AED 2.82 million, AED 4.78 million for a two-bedroom apartment, and AED 6.31 million for a three-bedroom apartment. The average annual rental price is AED 205,000 for a two-bedroom apartment and AED 264,000 for a three-bedroom apartment.

**Emaar Beachfront**

Located in the heart of Dubai Harbor between JBR and Palm Jumeirah, and close to Dubai Marina, the Emaar Beachfront complex comprises luxury residential units and hotels with waterfront views. The sale prices for apartments in this area range from AED 1.9 million for a studio, AED 3.1 million for a two-bedroom apartment, and AED 5.26 million for a three-bedroom apartment. The average rental value reaches AED 129,000 for a one-bedroom apartment, AED 232,000 for a two-bedroom apartment, and AED 362,000 for a three-bedroom apartment.

**La Mer**

The compound developed by Meraas in La Mer features apartments ranging from one to four master bedrooms, in addition to townhouse units. The average sale price for a one-bedroom apartment in the area is around AED 1.72 million, and AED 2.92 million for a two-bedroom apartment, while the average annual rent is recorded at AED 128,000 for a one-bedroom apartment and AED 167,000 for a two-bedroom apartment.

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