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

Rents at Shoreline.

Increased by 4.68% in the past 12 months compared to the average of 5.9% for Palm Jumeirah. .
Shoreline rents (AED/sq.ft) fell by an average of -1.24% during the past 6 months.

PALM JUMEIRAH - RENT TREND

SHORELINE - RENT TREND

Listing Rent and Rents Agreed

During July the expectations of landlords - often incorrectly guided by their agents/brokers - increased more quickly than the rents that tenants were willing and able to pay.
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.
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 community during 2025 compared to 2024.
Unrealistic asking prices cause apartments to take longer to find a tenant.
Vacant apartments can cost a landlord each month the equivalent of 8.3% of rental income for the year.

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.
The largest rent increases have been for apartments with refurbished / upgraded kitchen and bathrooms, beach access and full, sea views.