Rents down by 13% since March at Dublin’s Docklands

The average rent in the area last year was €2,312 per month, down 7 per cent compared to 2019, according to estate agent Owen Reilly

28th January, 2021
Rents down by 13% since March at Dublin’s Docklands
The Millennium Tower at Grand Canal Dock in Dublin: the average salary earned by tenants in Owen Reilly properties last year was €112,878, down 12 per cent down year-on-year

Rents in Dublin’s Docklands have decreased by an average of 13 per cent since March, a report by Owen Reilly, the estate agents, has shown.

At the upper end of the market – properties costing more than €3,000 monthly – rents declined even more acutely.

The report is based on actual transactions observed by Owen Reilly during 2020. The agency observed that the short-term rental market collapsed, while the supply of long-term rental units...

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