The growing value of Property In Dubai

An apartment or a flat is generally a self-contained housing unit, a type of residential real estate. Such a block of flats is often a part of a tower block or high-rise especially in the better developed parts of the world. Apartments may be owned by an owner/occupier by leasehold tenure or rented by tenants (two types of housing tenure). You can find such Property for Rent in Dubai also. It is preferable to rent an apartment when you move to a Dubai for a short career stint especially if you are not native to the place. One may not wish to pay the full price that ownership would need, and there are options for smaller payments over a specified period of time.

Property for Rent in Dubai

Often enough natives may also consider renting an apartment rather than buying it. Financial inadequacy is one of the main factors for this decision. It has been widely reported that the financial crisis of 2007–2010 may have contributed to the rapid growth of online rental marketplaces as consumers are more likely to consider renting instead of buying in times of financial hardship. Globalization has also contributed to this. Ever since Dubai started developing and adopted a more transient workforce consumers are increasingly searching for Dubai Properties for Rent.

Dubai Properties for Rent

 Apart from housing facilities, Dubai also offers prime retail and commercial space for rent. Designed as a venue for shopping, dining, and other services, these retail destinations offer indoor and outdoor retail space featuring cafés, restaurants, boutiques and retail outlets, sporting facilities and essential services. The Property in Dubai used for retail development is emerging as a key convergence point for the residents of the neighbourhood.

Dubai offers prime retail spaces for rent spread across the whole width and breadth. Situated in city centres and rapidly upcoming residential and business hubs, the portfolio of Property for Rent in Dubai offers retail opportunities with excellent footfall. Depending on the high-rise it is attached to, an outlet in Dubai Marina can command between Dh1, 800-2,500 a square foot, while those in JLT now averages Dh 1,500 a square foot. Those in DIFC currently command the highest value, befitting the master-development’s super-premium status, at between Dh2, 500-3,000 a square foot.

Furnished apartment for rent in Dubai

Moving to Dubai seems to be on everyone’s list of to do things. Since property prices in the city have leveled off, expats and foreigners are flowing into the area in huge amounts. As a business hub Dubai has a lot of recognition in the foreign market and hence the city is filled with 80% foreigners. As people get in for business it’s important to find the right place and apartment for rent in Dubai are a very good option. If you have the right income, moving to Dubai and living the dream can mean moving into a 5000 sq. ft. villa on Palm Jumeira or a fine tuned apartment in a posh area.

However, not everyone entering Dubai has a knack for a simple life. People want to experience the lavish lifestyle here and if you have a special hankering for glitz and gold, you can also get a posh villa for rent in Dubai as your house in Dubai is a mini palace for you and your family. If glamour is not your special request then you can also go for regular plus sized villas and apartment for rent in Dubai.

Dubai apartments for rent in hotel

Earlier foreigners in Dubai found it very difficult to cope with the renting regulations in the city. Travelers who came in on short business trips couldn’t get an apartment on rent due to leasing conditions and other regulations. For this purpose, hotels came up with the concept of apart-hotel and apartel. It is similar to renting an apartment, but with no fixed contracts and occupants can "check-out" whenever they wish. Such Dubai apartments for rent were a huge success and many people opted for them instead of traditional apartments.

Dubai apartments for rent

Apartel property in Dubai:

Apartels in Dubai are fully furnished serviced apartments and hence you get a small kitchen with a sink, oven/microwave, & fridge where you can prepare your own meals. They are usually cheaper than hotel rooms and if you don't require room service and prefer doing your clothes & meals by yourself then apartel property in Dubai is the way to go. They come in different sizes as per preference and you can accommodate multiple people and pets as well.

Reasons to book hotel apartment for rent in Dubai:

If you are in the city for a short period of time and do not want to get into any legal hassle then apartels are for you. It gives you the luxury of space and freedom and people don’t interfere unless you call for room service. You can enjoy privacy and safety as the receptions is open 24 hours a day! Such apartment for rent in Dubai keeps total safety of your details as well.

Ready-to-live Apartments For Sale In Dubai

To buy an apartment in one of Downtown Dubai's exclusive and elegant apartment blocks is to enjoy a fantastic location along Dubai's Sheikh Zayed Road in every sense. Close to the world famous Dubai Mall and the traditional Arabic-styled Souk Al Bahar, this bustling area is a hive of activity thanks to its cool cafes, high-end restaurants and luxury retail outlets. Several of the residential buildings in Dubai are scattered around pretty, open green spaces, lakes and fountains. Apartments for Sale in Dubai become more expensive if the area it is located in is well serviced by the metro station.

It is best to go for an apartment in well designed and built communities. Such colonies offer the immigrant affordable living in a flourishing residential district. Most of such housing communities have country themed architecture of residences, business opportunity, and tourist attractions consisting of multiple buildings and in consistency with local norms and traditions. They also happen to be a melting pot of the divergent nationalities and cultures that make Dubai modern and cosmopolitan. Apartments for Sale in Dubai in such localities are most sought after.

Although you may not find it all, some building facilities include a shared swimming pool, gym, party hall, hair salons, etc. If there is good public transport and retail facilities in the neighborhood then it is much better. Most of the communities also tend to have 24 hour security since it is the need of the hour. Allocated parking space in the basement is also available in some buildings but you must enquire. It is easy to locate a property for sale in Dubai in today’s age of the internet. You just need to log on to any of the real estate websites and the country is at your finger-tips.

Talking about real estate, Real estate sector have played major role in transforming the city’s image of an oil producing city. Dubai developers and investors started constructing mega Dubai property developments throughout the city.The city has become symbolic for its skyscrapers and high-rise buildings, in particular the world's tallest building, the Burj Khalifa and Dubai property has gained reputation and credibility in the land of the estates.

Well planned road network, clean and secure environment amid landscaped gardens are always a treat and must be one of your priorities when looking for an apartment. Apart from this you can also check if the apartment in question offers Property features such as a balcony and air conditioning and other extras such as built in wardrobes and the much- in-demand fully fitted Kitchen. Apartments for Sale in Dubai try to cater to all these needs that a potential buyer looks for.

Search flats for rent in Dubai

Dubai has turned into one of the fastest growing countries in the past decade thanks to rapid urbanization and huge investments in the development of the infrastructure and facilitation of the hospitality industry. Due to the high influx rate of expatriates recruited by Dubai and who are actually willing to work in Dubai, the real estate sector has also had to develop at the same pace to match living conditions offered to people who move in to the country with Dubai’s international reputation. Flats for rent in Dubai hence live up to international tastes of lifestyle and convenience.

If you are looking to move to Dubai for a career with your family or just by yourself then arranging for home in a protected safe neighbourhood will be one of your topmost priorities. Most residential communities in Dubai will take care of facilities such as parking space, community centres, security guards and other such basics. So living here won’t be a risk for the residents. They try their best to promote a safe and happy environment. The communities are built keeping these safety concerns of prospective residents in mind thus making it easier for you to search flats for rent in Dubai.

Regulated real estate companies in Dubai

Every country has a body that regulates the real estate sector so that both the lessor and lessee are protected by the laws and neither is taken advantage of. Some companies in this sector happen to be one of the fastest growing companies and tend to hold over AED 70 billion (USD $19 billion) worth of projects under development. Real estate companies in Dubai need to work in accordance with Real Estate Regulatory Agency (RERA) – is the government agency that regulates the real estate sector in Dubai - the governmental Dubai Land Department.

Decide priorities before renting an apartment in Dubai

Such real estate companies help out with property listings and help you find the home that you are looking for. You need to set your budget, establish how many rooms you are looking for and prioritize kind of facilities you want. If you are seeking to buy an apartment for yourself and don’t really have any family tagging with you can opt for the super sleek studio apartments to take on rent. It is economical and cosy along with being stylish and utilitarian. Rent apartment in Dubai according to your tastes and within your budget.

Flats for rent in Dubai come in various sizes

Apartments are available in various sizes for a range of prices. Finalize a flat according to your gut instinct (and your financial capacity). We hope that searching and narrowing down flats for rent in Dubai turns out to be a pleasant experience for you and that you find that elusive cosy home that you want to go back to after a tired day at work.

Properties for sale in Dubai: A smart investment

For the last decade an increasing number of people have been moving to Dubai in large numbers, often lured by the promise of a better career, wealth and luxury living. Dubai is now a thriving metropolis, attracting thousands of new residents to its shores each month. The growth has, of course, not only been in the form of expats in Dubai, but in the city itself. In another progressive action, expats who have moved away from their homeland can now book apartments for sale in Dubai, a legal right otherwise restricted to natives in most other parts of the Middle East.

Where many believe that oil is its main source of income, it is other industries such as construction, tourism and financial services that are contributing to Dubai’s extraordinary wealth and creating job opportunities for expats around the world. In 2008, due to the global recession, Dubai's exponentially expanding economy did experience a shaky ground, but now, foreigners are once again moving to Dubai in search of inflated salaries, excellent healthcare and leisure activities and access to properties for sale in Dubai.

All residential and commercial units provide splendid living space and unmatched comfort for their residents. Among the major residential and commercial property types, that Dubai has to offer include luxury apartments, hotels, studios, villa and waterfront resorts, villas and townhouses. Commercial units consist of well-equipped office spaces in multi-storeyed towers. In short, first class infrastructure facilities, modern architectural design and luxury lifestyle amenities are what apartments in Dubai will offer you.

Before you make that deal you need to decide where you want to live. If you are buying a property to live in, you must have a thorough knowledge of what areas are within your budget. Consider factors including proximity to your place of work or children’s schools, transport links, hospitals, grocery stores and other amenities. If you are an investor, these factors are important for your consideration too because such apartments for sale in Dubai which are in convenient locations can produce higher rent yields.

Make a list of desirable features that you wish your apartment to have, and take notes when you go visiting houses to help you remember which places you like best. It is rare to find the perfect combination, so focus on what is most important to you and prioritize accordingly. It is advisable to set up a local bank account for your own convenience. You will need this during and after the purchasing process involving apartments for sale in Dubai.

Property for rent in Dubai in 2015

People from various countries across the globe have landed in Dubai to make the make a new beginning. They are turning toward this emirate because of its modern infrastructure, massive job opportunities and good places to stay. The one thing that most of these new citizens are looking at is either renting or buying a property in Dubai. Because of the current market condition, you can get property for rent in Dubai at affordable prices without having to compromise of your living conditions or house type.

There are also many expats living in Dubai who are looking at renting and purchasing property. Long time residents are now looking at owning property in Dubai as the real estate sector has predicted a substantial lay off in the year 2015. Dubai properties for rent is still an emerging real estate market, it is likely to experience shorter peaks and troughs than more mature markets. You will see that apartment and villa rental rates have dropped slightly by 2 percent and 3 percent respectively, with sales price also showing a nominal decline at 1 percent and 4 percent respectively.

Places like Discovery Gardens and International City, the most affordable places for rent have seen a 7% increase as of the beginning of 2015. The rents of studio and one bed apartments have come down majorly in these two communities. As per study, the rates might increase in the coming weeks and hence many people are making a beeline to get a property for rent in Dubai. Rents in Downtown Dubai and Jumeirah Lake towers remained stable whereas Palm Jumeirah registered a three per cent increase quarter-on-quarter due to restricted supply and growing demand.

Villas in Dubai are a great property to own currently due to the prices stabilization. Villas registered an average overall three per cent decline in prices with the Springs declining by eight per cent while Arabian Ranches and Mirdif both down by five per cent. Apartment and villa rental rates dropped slightly but will soon increase. Residential house prices have also decreased a little and hence people are buying property in Dubai. Billions of dollars worth of government real estate projects have triggered a buying frenzy amongst people. According to recent analysis many tenants may now be able to purchase a property similar to the one they are renting.

For the first time since 2012 Dubai has both residential rental rates and sales prices decline as a result of a natural adjustment to on-going new supply entering the market. With the government spending huge amounts on development and infrastructure projects, real estate is on a roll in terms of demand and supply. It’s a wait and watch scenario for properties for rent in Dubai as the prices may soften further due to the new additions in the market. 

Prime localities for a house for rent in Dubai

Moving to Dubai? Looking for a better place in Dubai? No worries. The latest developments in the fast growing city of Dubai have resulted in a lot of new residential communities coming up in Dubai. Real estate has boomed and in order to make it more convenient they have put up websites with description and photos of the property along with the rent. You can customize the search to suit your needs. So searching for a House for Rent in Dubai has become the easiest chore in decades.

After Dubai Marina apartments, Dubai villas are among the most sought after properties to rent or live in Dubai on either a short or long term basis. Villas allow you extra space and privacy as well as spacious surroundings with private pools. Emirates Hill villas as well as springs villas, Meadows villas, Lakes villas and Palm Jumeirah villas are among the most sought after in Dubai for long-term rent. For short-term rentals, the Palm Jumeirah and the golf-front Victory Heights villas are very popular. The most popular are the independent Villa for Sale in Dubai as they offer the owner total seclusion and in general more peaceful environment.

Not just the drawing room, the living room area too is customised and carefully designed according to your requirements. If you pick the Palm Jumeirah, you can enjoy privileged access to a private beachfront as well as a myriad of facilities offered by Jumeirah Zabeel Saray. Enjoy stunning views of the Arabian Gulf from a five-bedroom Beach Residence, which leads on to a private beach. Look out at a spectacular lagoon-style pool amongst tropical landscaping from the four-bedroom Lagoon Residences, or bask in the stunning décor and furnishings of the Seafront Residences. It is amongst the hottest Property for Rent in Dubai.

In Dubai there are many villa communities already completed and much more approaching completion. Popular choices are the springs, the Meadows, the Emirate Hills and the Arabian Ranches which are often the preferred choice of families looking for a good community area in which their children could grow up. There are villa communities that range from those catering for mostly townhouses e.g. the springs to the very large and luxurious detached villas such as the Palm Jumeirah or Emirate Hills. So before you start looking, determine what you need from a House for Rent in Dubai.