Rents Agreed at Shoreline Palm Jumeirah
Gareth Davies - Award Winning Broker and Property Consultant

As predicted in past monthly reviews, the price ceiling of affordability for many Dubai wage earners has been reached. This has caused a reduction in the number of tenants searching within the Palm Jumeirah community during 2025 when compared to 2024 and 2023.

Rental Increase over the past 12 months:
Shoreline Apartments: 1.33%
Palm Jumeirah: 3.57%

Rental Trend in the past 6 months:
Shoreline Apartments: 0.0%
Palm Jumeirah: 1.73%

Since 2022, rents have increased more rapidly than wages. The affordability of rent payments creates a “ceiling rent” in any location and is linked to disposable income and wage increases, if any. However, many landlords are appreciating the difficulty of tenants in affording the higher rents, so in order to assist cash-flow an increase in the number of 4-cheques rental payment plans are being agreed.

SHORELINE - RENT TREND

PALM JUMEIRAH - RENT TREND

Listing Rent and Rents Agreed

Every 18 days a vacant apartments cost a landlord 5% of their rental income for the year.
Since June 2025 the asking rents / listing rents have increased but the rent that tenants have been prepared to pay have levelled.
Often inexperienced agents/brokers have overpromised landlords of the expected rents and the landlords have had vacant apartments for too many weeks.
The expectations of many landlords to receive 1-cheque of 2-cheques rents has also affected the amount of tenants who can enter the market.

Landlords insisting on 1-cheque will often have to wait longer to find a tenant who has the cash-flow or savings to afford the single rent payment.

European tenants expect accommodation fitted to European standards; contemporary style kitchens with white of other light-colored kitchen units, matching electrical appliances and light, bright bathrooms.