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Ejari leases to 12 Oct 2026

The Residences South rents

  • 131 new leases and 72 renewals in 12 months
  • Palm Jumeirah
  • near Palm Jumeirah

A one-bed here leases for about AED 150,000 a year, in line with the typical Palm Jumeirah one-bed. New tenants pay more than renewing ones, who pay AED 140,000.

1 bed · typical new lease

150,000AEDa year

AED 109/sqft · +3.5% on a year

A month, roughly
AED 12,500
Renewal
AED 140,000
vs Palm Jumeirah 1 bed
In line with the median
New leases, 12 months
58
Buying instead? The Residences South sale prices →

What should a lease in The Residences South cost?A one-bed leases for about AED 150,000 a year; new tenants pay 7.1% more than renewing ones

TypeNew leaseRenewalvs Palm JumeirahLeases
1 bedmost leased150,000109/sqft140,00025 renewalsin linetypical 150,00058
2 bed235,000133/sqft230,00032 renewals9% moretypical 215,00051
3 bed450,000132/sqft412,50010 renewals35% moretypical 332,50013
4+ bed550,000129/sqft625,0005 renewals49% moretypical 370,0009

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Palm Jumeirah median for the type.

Ask an agent about this rent →

Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A one-bed here now costs 3.5% more than a year earlier: AED 150,000 against 145,000.

Median annual rent by year, 1 bed, with fainter bars resting on fewer contracts. Too few monthly records in The Residences South to draw an honest monthly line.

Chart data, 1 bed: 2015, AED 140,000; latest, 2026, AED 150,000; peak, 2023, AED 150,000.

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

About The Residences SouthAn apartment building in Palm Jumeirah, a 10-minute drive from Dubai Marina

The Residences South is an apartment building completed in 2010 in Palm Jumeirah. 203 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

Drive times · typical

Downtown
20 min · 20 km
DXB Airport
25 min · 33 km
DIFC
17 min · 23 km
Dubai Marina
10 min · 6.3 km
Palm Jumeirah
12 min · 5.2 km

Nearest, as registered

Metro
Palm Jumeirah
Mall
Marina Mall
Landmark
Burj Al Arab

Letting a unit in The Residences South?New tenants pay less than renewing ones

New tenant vs renewal
-3.0%
New leases AED 200,000, renewals 206,200, all types
Short-let instead, one-bed
AED 884
a night on Airbnb; nets 1.1× the yearly rent at 70% occupancy, after fees, cleaning and utilities

Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement

Thinking of selling? The Residences South sale prices →

Comparables in Palm Jumeirah

Every Palm Jumeirah building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. The Residences South places 33rd of 59; the nearest 8 are shown.

RankBuildingMedian rentAED/yr/sqft12-month changeContracts
29Azure ResidencesAED 160,000133+11.4%0.0%50
30–31Royal Amwaj Residences North, Southone project rent, 2 towersAED 155,000131+9.7%0.0%67
32–33The Residences North, Southone project rent, 2 towers · includes this buildingAED 200,000120-7.0%131
34Royal Bay by AziziAED 135,000115-4.0%+3.9%14
35The Palm Hotel and ResortAED 240,000111-7.0%-15.0%6
36–37Marina Apartments 1, 2one project rent, 2 towersAED 210,000111-7.3%-4.5%203

Rank 1 is the dearest per square foot. Differences are against The Residences South.

At 1 bed, The Residences South ranks 21st of 32 by rent per square foot and 10th of 16 by gross yield in Palm Jumeirah.

Market context in Palm Jumeirah

Registered sales activity

748 ready apartment sales in the 12 months to 2026-10-12.

+3.4% in median AED/sqft versus the preceding year, supported by 748 current and 1,092 prior price observations.

Explore sales activity

Planned apartment projects

1,382 known registered units across 7 pending projects planned within one year of the 2026-07-06 register.

3 projects had already passed their planned date; 2 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

1,706 apartments are planned in Palm Jumeirah from 2026 to 2028, equal to 44% of the 3,913 homes let there today.

Ready prices per sqft fell in 26% of 34 buildings (counted once per bedroom type) in Palm Jumeirah with sales in both years; the typical one moved +3.4%.

New-lease rents fell in 81% of 16 buildings (counted once per bedroom type) with leases in both years; the typical one moved −6.8%.

How these are counted
Find service-charge budget evidence for The Residences South

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

The Fairmont Palm Residence towers

2 towers in Fairmont Palm Residence, at the bedroom type above.

TowerPriceAED/sqftRent a yearGross yield
The Residences NorthAED 2.58M4 sales1,937AED 150,000project pool5.8%
The Residences South · this buildingAED 2.95M4 sales2,093AED 150,000project pool5.1%

Ejari files Fairmont Palm Residence’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.

Palm Jumeirah: every development at this type
DevelopmentRent a yearPriceAED/sqftGross yield
Palm Views1 developments, pooled—none—1 sale, too few——
West1 tower—none—1 sale, too few——
Balqis Residence5 towers—none—2 sales, too few——
Fairmont Palm Residence · this development2 towers · rent filed for the projectAED 150,00058 contractsAED 2.76M8 sales1,9915.4%
Golden Mile10 towers · rent filed for the projectAED 130,00057 contractsAED 2.67M8 sales2,0084.9%
Grandeur Residences2 towers · rent filed for the projectAED 122,50022 contractsAED 2.02M9 sales1,9216.1%
Passo By Beyond2 towers—noneAED 4.85M59 sales5,184—
Royal Amwaj2 towers · rent filed for the projectAED 150,00039 contractsAED 2.60M19 sales2,1435.8%
Serenia Residences the Palm3 towers · rent filed for the projectAED 150,00024 contractsAED 3.40M6 sales2,8664.4%
Seven Hotel and Apartments The Palm2 towers · rent filed for the projectAED 130,00069 contractsAED 2.10M24 sales2,9346.2%
Tiara Residence6 towers · rent filed for the projectAED 170,00045 contractsAED 4.03M16 sales3,0864.2%
All of Palm Jumeirahevery building, in a project or notAED 150,000513 contractsAED 3.38M264 sales3,0054.4%

Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 1 bed. A median needs 3 rows; a dash with a count means fewer. Developments sharing a name are grouped under it; DLD itself records no such parent.

Prices per sq ft around The Residences South, on the map
Pills show median annual rent, AED. 49 buildings pinned from Google place records and Apple geocoding · The Residences South is the inverted pinOpen in Apple Maps

Ask about The Residences South

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Common questions

What is the registered annual rent for a 1 bedroom in The Residences South?
The median new annual rent is AED 150,000, from 58 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in The Residences South risen or fallen?
The median new annual rent changed +3.5% in the trailing 12 months against the previous 12, using 58 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
Do new tenants in The Residences South pay more than sitting ones?
A new tenant pays +7.1% against a renewing one, across 25 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
How many apartments change hands in The Residences South?
4 sales were registered with the Dubai Land Department in the last 12 months, alongside 58 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to The Residences South?
Palm Jumeirah, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Marina Mall.

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The Residences South rental record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
51 registered rental contracts in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/rent/apartments/dubai/palm-jumeirah/the-residences-south
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “The Residences South rents and yield.” Palm Jumeirah, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/palm-jumeirah/the-residences-south

Stable dataJSON