Jumeirah Park Q1 2024 Market Report

Jumeirah Park has seen a significant increase in price per sq. ft from Q1 last year. At the same time, more new rental contracts have been signed compared to 2023.

Historically tenants in this community have rented long term, but now there is a trend of tenants becoming first time buyers as more people are looking to live and reside in Dubai. This means there are more rental vacancies in Jumeirah Park as people tend to buy first time homes in more affordable communities.