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Guide to living and property rental costs in Al Quoz

Al Quoz is located in the Emirate of Dubai and is regarded as one of the most important residential areas, attracting both tourists and tenants, thanks to its advanced architecture, industrial areas, and art galleries.

With Dubai’s recent urban expansion, Al Quoz has become a popular destination for those looking to rent a room or flat at a reasonable price compared to other upscale areas such as Marina Crown.

According to the most recent statistics, rental prices in Dubai increased by 21% annually in the first quarter of 2024, but Al Quoz continues to offer a wide range of room and villa options to suit all budgets.

As per the most recent figures, the average annual rent for a one-bedroom apartment in Al Quoz is between AED 45,000 and AED 65,000, while larger apartments can cost AED 90,000 or more, depending on location and amenities.

Villas, which are typically located within specific residential complexes in Al Quoz, have an average annual rent that ranges from AED 120,000 to AED 200,000.

Al Quoz’s costs go beyond rent and include other living expenses, where a family of two is estimated to need between AED 8,000 and 12,000 per month to cover basic expenses such as food, transport, and excluding rent.

4 Advantages of Living in Al Quoz

Al Quoz provides numerous advantages over other areas in Dubai, the most known of which are:

1. Strategically located with easy access

Al Quoz has a central location in Dubai, making it easy for tenants and residents to access many nearby areas.

With a well-developed road network, residents can easily access Sheikh Zayed Road and other commercial areas, saving them time and money, making it ideal for Dubai workers.

2. Affordable and diverse housing options

Although real estate prices in Dubai are high, and Al Quoz offers a wide range of housing options to suit all budgets.

Residents and tenants can find apartments and studios in modern residential complexes, as well as villas in select areas, all at reasonable prices when compared to Dubai’s more upscale neighbourhoods.

3. Different Art and Cultural Environment in Al Quoz

Al Quoz is well-known in Dubai as a hub for art and culture, particularly in Al Quoz 1 and Al Quoz 2, which are home to numerous art galleries, studios, and cafes.

Alserkal Avenue hosts cultural events all year, allowing residents and tenants to attend performances and art workshops.

4. Advanced Facilities and Services

Al Quoz provides a wide range of high-quality, modern facilities and services to meet the daily needs of residents.

These amenities include shops, shopping malls, international schools, and medical centers, as well as public parks and green spaces for recreation and activity.

Disadvantages of Living in Al Quoz

Although Al Quoz provides many benefits, residents face some challenges and disadvantages, most notably:

1. Scarcity of Parking in Al Quoz

Residents and renters in Al Quoz face a shortage of parking spaces, forcing them to park far from their apartments, particularly in residential buildings.

Villa owners do not face this problem because they are assigned shaded parking spaces.

2. Congestion and Car Noise

Al Quoz is a vibrant neighbourhood that attracts families and individuals looking for apartments and rooms to rent or buy.

However, during peak hours, it can become congested and noisy.

What is the rental cost in Al Quoz?

Al Quoz provides a variety of residential options for rent, combining comfort and luxury in a sophisticated environment with contemporary designs and integrated facilities to meet residents’ needs.

The community also has a variety of upscale restaurants and cafes, as well as convenient access to shopping malls, schools, and hospitals.

This has significantly increased demand for apartments and rooms among families and individuals.

Apartments in Al Quoz rent for around AED 42,000 per year, while villas rent for about AED 357,000 per year. Here is a look at the rental prices.