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Friday, June 14, 2024

Dubai Rents: Popular Areas to Rent a Property in Dubai

Did you know that around 80% of the population in Dubai rents their home, according to PropertyFinder? It is well-known that the city houses a high number of renters due to the large expat population. There are many people who prefer to rent rather than buy property in Dubai due to the uncertain nature of their work contracts and the high cost of purchasing a property. The Rent Cap law introduced by the government, which limits the amount a landlord can increase for the rent each year, further encourages people to rent a property in Dubai.   

With some reliable real estate mobile applications, it is now easier to look for the desired property for rent in Dubai. Note that, as a tenant, you need to consider several things to ensure that you find a suitable residence that best meets your living needs and budget. Some of the prior factors you should take into consideration are the location, rent, security deposit, size of the building, amenities, condition of the property, legal aspects, insurance, and proximity to schools, malls, work areas, hospitals, and more. 

Your property hunt will go longer if you are not clear with your requirements or aren’t able to dedicate enough time to get the best deal. So, in this article, we have tried to narrow down your search by making you familiar with the popular areas to rent a property in Dubai. Note that the list is not prepared keeping only affordability in mind; other factors have been taken into account too.    

Here you go with the top locations of Dubai where property seekers find their dream residence at the desired budget. 

Downtown Dubai

Have you heard of the famous Burj Khalifa? It is located in Downtown Dubai. Along with the famous Dubai Mall, the area is located in the heart of the city and is known for its luxurious high-rise buildings and proximity to various iconic attractions of Dubai. If you can’t afford luxury penthouses, then you will also find good budget-friendly apartments as well with access to a range of amenities like swimming pools, gyms, eateries, and more. 

Palm Jumeirah

This place is where the largest man-made island in the world is created, involving the Trunk, The Crescent, and 16 Fronds that together form the shape of a palm. The area is away from the city noise and captures waterfront views. This family-friendly area is equipped with every amenity you may require, be it restaurants, malls, pharmacies, schools, parks, or retail stores. If you are in for luxury living, then look no further than Palm Jumeirah. 

Dubai Silicon Oasis 

If you are a working professional in the technology industry, then you may want to prefer living in Dubai Silicon Oasis. This planned community is known as Dubai’s technology hub and is home to a variety of tech companies. It is better connected with other parts of Dubai, and renters will appreciate the family-friendly environment along with family-catering amenities like playgrounds, parks, schools, and supermarkets. The area also houses many universities and educational institutes, making it suitable for students as well. 

Business Bay 

According to Zoom Property Insights, Business Bay leads the charts for the most popular areas to rent property in Dubai. The average annual rent in this area is around AED 43,000 to AED 775,000. This area is particularly suitable for those working in the central business district as it houses many business and commercial centers. It has easy access to major transportation routes like Al Khail Road and Sheikh Zayed Road, which connect to other parts of the city well. You can find luxury apartments and high-rise buildings along with amenities like shopping centers, eateries, malls, cafes, and more. 

Dubai Marina 

Dubai Marina currently dominates the property market in this city, and the area is a preferred choice for both property buyers and tenants. Its strategic location and nearness to popular Dubai landmarks continues to attract property seekers who cherish diversity and high-quality lifestyle. Every kind of tenant, from professionals to couples and families, has alternatives among the vast selection of rental flats available in Dubai Marina. Housing around 200 apartment buildings, this place is the pinnacle of luxury living. 

Now that you know the top areas, start your property hunt with reliable Dubai real estate mobile applications.  

Author Bio

Anchal Ambwani 

As a seasoned content writer with several years of experience, I bring a wealth of knowledge and expertise to the table. I have a passion for crafting engaging, informative, and persuasive content that resonates with target audiences, and I have a proven track record of delivering high-quality work across various industries. I am skilled in using keywords and SEO best practices to ensure that my content is both optimized for search engines and effective in communicating my message. Whether you’re looking to build brand awareness, establish thought leadership, or drive conversions, I am confident that I can help you achieve your goals.

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