Are renewals cheaper than new lets in JVC?
Answered from the records, data to 11 Nov 2026.
Compared with new lets of the same size, renewals signed 1% below for under 45 m²; 8% below for 45 to 85 m²; 2% below for 85 to 130 m²; 14% below for 130 m² and up.
| Floor area | New let | Renewal | Renewal against new |
|---|---|---|---|
| Under 45 m² | AED 45,000 | AED 44,450 | -1% |
| 45 to 85 m² | AED 65,000 | AED 60,000 | -8% |
| 85 to 130 m² | AED 82,000 | AED 80,000 | -2% |
| 130 m² and up | AED 120,000 | AED 103,134 | -14% |
Source: Ejari rent contracts for JVC (recorded as Al Barsha South Fourth), 26 Aug 2026 to 11 Nov 2026. Flats only, yearly rent, median. Data to 11 Nov 2026.
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