Dubai has witnessed a tremendous influx of foreigners who made the city their home during the last few years.
The high living standards and growing economy have attracted many foreigners to relocate to Dubai.
In Dubai, you will get almost everything to make your life enjoyable and luxurious. There are excellent schools, universities, hospitals, malls, theme parks and entertainment options to prompt you to stay in the city.
In addition, the city has more to offer. For example, there is no income tax to pay in Dubai. And, yes, you heard it right. The mandate of paying income tax does not exist in the city. Moreover, the environment is crime-free.
The lifestyle in Dubai is fast-paced, and things are changing for the better. So, it might be somewhat challenging for you to adjust to the fast-paced environment for the first few days after relocating to the city.
The trend of many people across the world relocating to Dubai might have created the impression that there can be an acute shortage of properties to rent in the city.
But, that is not the case. In fact, you will find ample apartments for rent in Dubai. And, it is due to a full-fledged property market that balances supply with the growing demand.
As a result, new residents of Dubai find no struggles in finding the right type of accommodation to stay in or commercial space to start their business.
So, you can quickly find a property to rent in the city.
Types of Properties
Notably, you will find almost all types of properties to rent in Dubai. Among the most popular categories, you can find 3-bedroom apartments with 3 bathrooms and 1,500 square feet of floor space.
You can also consider renting a furnished apartment that can include facilities like a sauna, steam room, swimming pool, first-aid medical centre, gym and Jacuzzi.
In addition, there are excellent villas for rent in Dubai. The most popular ones are those with 3-bedrooms, 3 baths, and a total residential floor space of 2,000 square feet.
The Dubai residential property market has more to offer. For example, you can get townhouses to rent that are with 2,400 square feet of space, and 4 bedrooms and 5 bathrooms.
Renting a penthouse can be another option. The most popular penthouses have 4 bedrooms, 5 bathrooms and 7,000 square feet of overall residential space.
You will find ample availability of commercial properties for rent. You can go for such properties if you want to run your own business in Dubai.
The most popular commercial properties are the ones with 213 square feet of space. There are many such units in Business Bay.
If you want to rent a retail shop in Dubai, you will find many such properties to rent in Bayswater Tower in Business Bay. Such properties come with 1,100 square feet of showroom space.
Rental Prices
The good news is that rents for all types of properties in Dubai are within the affordable range.
In the apartment category, rents for 1,2,3, and 4-bedroom apartments are around AED 60k, AED 90k, AED 95k, and AED 180k.
In the villa category, rents for 2,3,5, and 6-bedroom villas are around AED 95k, AED 170k, AED 200k, AED 850k and AED 725k, respectively.
In the commercial property category, rent for the most popular property, which is of 180 square feet in area, is AED 7k. And. retail shops of 1,100 square feet is the most popular in Dubai. And the rent is around AED 175k.
Conclusion
If you are looking for a rental property in Dubai, you can quickly get one, given the ample availability. And, the rents are also affordable. But, ensure that you consider your needs before you finalize a property to rent.
