Rent In Dubai Marina, Downtown Dubai And Business Bay Increase By 24%

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by Deeplata Garde
by Deeplata Garde 237

House of ex-pats from over the globe, Dubai has become a city that has a range of residential properties. But most expensive though. Every year, ex-pats spend nearly half their salaries on house rentals. Few areas you analyse can come cheap, but the area-wise classification will guide you about the rental price scale in Dubai. Read below if you are planning to rent an apartment in Dubai.

Renting In UAE As An Expat

Due to their energy and distinctive lifestyle options, Dubai Marina, Downtown Dubai, and Business Bay will be the most sought-after neighbourhoods in Dubai 2022 for residents. Time and money play a major role in the decision. Unfurnished apartments are substantially less expensive than furnished ones, and it is simple to buy affordable furniture at shops around the UAE. Although, if you just want to stay in the UAE for a year, renting an unfurnished apartment would be the better option. It will be less of a headache to move in and out.

 

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Area Wise Classifications Of Rental Prices In Dubai

Rental properties are split into two major categories. It includes apartments and villas. Mentioned below is the detailed area-wise description of the increase and decrease in rental rates in Dubai.

Apartments Decreased Rates

Area Percent Of Increase
Deira -1%
The Old Town -2.0%
Green Community (DIP) -3.4%

Apartments Increased Rates

Area Percent Of Increase
Business Bay & Festival City 3.0%
The Greens 3.4%
Liwan 3.7%
Arjan 3.8%
Downtown, DIFC & Jumeirah 4.3%
Living Legends 4.8%
Discovery Gardens 4.9%

Also Read: Planning To Rent A Home In Abu Dhabi? Here’s Everything To Know!

Villas Increased Rates

Area Percent Of Increase
Arabian Ranches 3.2%
Palm Jumeirah 3.9%
Jumeriah, Jumeirah Gold Estates & Mudon 4.3%
Jumeirah Park .7%
The Sustainable City 4.8%
Emirates Hills Jumeriah Islands 4.9%

Villas Decreased Rates

Area Percent Of Increase
Green Community (DIP) -0.1%
The Meadows -2.2%
The Springs -0.4%

Also Read: Renting A Home In Dubai? Do It At The Earliest As Prices Might Shoot Up

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