Dubai Rent

Affordable Apartments in High-Demand Areas Experience Up to 17% Rent Hike Dubai tenant Salim Ahmed recently received a notice of rent increase from his landlord, pushing his annual rent beyond his budget. However, Ahmed has made the decision to stay in his current residence. “My landlord has raised the rent by approximately Dh5000. Initially, I considered moving to a different apartment in the...

To Oversee The Rental Market, The Dubai Authorities Have Implemented Legislation To Ensure The Protection Of Rights For Individuals, Investors, And Real Estate Firms. Since more than two years ago, rents in Dubai have been rising as the population of the emirate has risen to 3.616 million. To ensure the regulation of Dubai's rental market, the Dubai government has introduced a set of laws designed to...

Despite Villa Prices Soaring 146% Since January 2020, Demand for Palm Properties Remains Strong Dubai's rental market may be stabilizing, but property sales values are soaring. Over the past 12 months, the average value of residential transactions has surged by 17%. In addition, the trend continued with a nearly 5% gain in the April-June period alone, as reported by Knight Frank. For luxury home...

These Are The Factors You Should Take Into Account When Choosing An Apartment To Rent In Dubai. Although Dubai is a city of alternatives and possibilities, it is not always simple to find what you are searching for. A house is more than simply a location you return to after work. it is also, where you will spend the next several years creating the majority of your memories. Although it is a monumental...

Five Best Recommendations on How Tenants in the Emirate Can Save Big In The Event Of a Rental Increase With rent increases in Dubai reaching historic highs in 2022, tenants are receiving notices of increases ranging from 15% to 20% this year. According to Sarah Hewerdine, head of marketing at agency-owned real estate website Houza, accepting rent hikes can be a "difficult period" for tenants. They...

With The New System, Tenants And Landlords Can Specify The Rent Payment Plan When Creating Or Renewing A Contract. Ejari, a mechanism for renting out real estate in Dubai, is now "completely linked" with a direct debit system (DDS). The UAE Central Bank's DDS does away with the requirement that tenants submit post-dated rental cheques, as the Khaleej Times reported in July of last year, according to...

According To CBRE, Average Villa Rents Will Increase By 25.4% And Average Apartment Rents Will Rise By 27.6% In The Year To November 2022. Dubai real estate industry extended its golden run throughout the year due to high demand from investors and end users. Because of significant business and visa changes, and the Dubai rental market had strong double-digit growth this year. "As of November 2022, the...

Tenants Who’s Leases Are Up For Renewal Face Significant Rent Hikes as Supply Continues to Tighten. There are fewer new residential listings in Dubai available for one-year leases. Which should further pressure rates for new leases. This decline is being brought on by the city's ongoing demand from newcomers. The rise in landlords who are renting out their properties on short-term leases. This is...

A few factors you need to take into consideration before rent apartment in Dubai. These include the location, maintenance fees, and Size. Not only these but also whether you want a furnished or unfurnished apartment. If you are unsure about anything, it is always best to seek the help of a Binayah Properties Dubai’s experts. 10 Things to Consider Before Renting an Apartment in...

Residents Consider Several Factors When Selecting A Rental Property, Including Proximity To Work, School, And Community Amenities. Tenants in Dubai are increasingly choosing to renew their current apartments rather than relocate due to recent increase in rents. Because of Dubai's population growth, rental inventory is under severe strain. With occupancy levels achieving multi-year highs from across...

Whether you are looking for luxury apartments or affordable apartments, Dubai has something for everyone. There are several factors to consider when choosing a Rent apartment in Dubai, such as your budget, desired location, type of apartment, and building facilities. Luxury areas include The Palm Jumeirah, Business Bay, and DIFC, while more affordable areas include Sheikh Zayed Road and Dubai Marina. In...

By The End Of August, Average Rent Increases In High-Demand Areas Will Be Closer To 35%. It seems unrealistic to anticipate a slowdown in Dubai's housing market in the upcoming weeks. Within Dubai's freehold areas, there were over 36,800 "Ejari" contracts signed by landlords and tenants just in August. In addition, those figures are 9.7% higher than they were a year ago. The total includes both renewed...

Imagine that you are about to move into your new flat, but dread sets in before excitement do. It is a laborious process, and chances are you have some furniture you do not need anymore. Then, what happens? Do you abandon it on the sidewalk? Maybe give it to a friend? Alternatively, waste hours attempting to resell it on classified websites. The average millennial moves around ten times before settling...

Rents For Villas And Apartments In The Most Populated Areas Are Made Public. The most sought-after communities in Dubai for residence in 2022 will be Downtown Dubai, Dubai Marina, and Business Bay due to their dynamism and distinctive lifestyle options. The other most frequently searched areas in the emirate are Jumeirah Village Circle, Palm Jumeirah, and Jumeirah Lake Towers, according to the most...

Rental Properties With A Good Value Include Dubai Silicon Oasis & Discovery Gardens. With landlords asking for an average of 23.7% more in the 12 months starting in July 2021. The pace of rental hikes in Dubai is at its highest level since May 2014. According to a recent market update from the consultancy CBRE, a relatively new two-bedroom apartment in some of the popular rental areas in Dubai...

Landlords Will Be Permitted To Offer Tenants Flexible Payment Schedules With the help of the Central Bank of the UAE's Direct Debit System, the Dubai Land Department & Emirates NBD will shortly automate and digitize rental cheque payments (UAEDDS). This implies that rather than writing checks to make payments, tenants may use their bank accounts. This practice will be advantageous to tenants, who...

The Top Three Places to Lease Are Deira, International City, and Discovery Gardens Discovery Gardens & International City remain the cheapest places for Rent in Dubai. For studio apartments, asking rentals in these locations range from DH 21000 to DH 25000 per year. However, real estate professionals say that studio apartment rents in these regions are now hovering at about DH 20,000 per...

Dubai: Rent Rises In Dubai's Residential Property Market Are Gathering Up Steam, With Some Landlords Demanding Far More Than The Official Rental Index From Their Existing Renters In High-Demand Areas. Rents have risen by roughly 10% throughout Dubai over the last year, but yearly rises for renters in places like the Palm Jumeirah (up 36%), Jumeirah Park (up 25%), and the Lakes (up 21%) have been...

Can Landlords Raise Rents in the First 3 Years in Dubai The rental portion of Dubai's residential property market is significantly reliant, with industry executives claiming that roughly 80% of the Emirate's citizens live in rented flats. As a result, rents are a hot topic and among the most talked about among residents. Tenants always welcome a decrease in the rental rate and vice versa. In addition,...