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Renting an Apartment or Villa in Dubai: The Things You Should Know

Author: Sara William
by Sara William
Posted: May 25, 2021

Dubai is a fast-paced and beautiful cosmopolitan city. The population is increasing day by day as many people are moving into the city.

The city's real estate market is matured and has an ample supply of all kinds of properties within the affordable price range.

There are many rental apartments to choose from when you relocate there. You will have the option to choose from apartments to villas to rent in the city.

When it comes to renting a house in Dubai, location is one of the decisive factors. If you can spend more and look for a luxury property for rent, you can consider areas like Dubai Marina, Palm Jumeirah, and Jumeirah.

Types of Apartments in Dubai

You get all types of apartments for rent in Dubai that come in different sizes and belong to the affordable, luxury, furnished, unfurnished, and serviced flats categories. You have the option to rent on a monthly or yearly basis.

You can also look for apartments for rent in Dubai and choose from studio, 1, 2, 3, 4, and 5-bedroom apartments, depending on budget and space requirements. Most apartments bear amenities like reserved parking, a shared swimming pool, a kid's play area, and a gym.

There are also many villas for rent in Dubai.

Popular Areas to Rent

If you are looking to rent luxury properties, you can consider areas like Marina, Downtown Dubai, Business Bay, and Jumeirah Lake Towers (JLT).

In these areas, you will get many high-end properties that are well-connected to public transportation options, such as the Dubai Metro. Such areas are Jumeirah Village Circle (JVC), Dubai Silicon Oasis (DSO), International City, and Al Nahda.

Rental Prices in Dubai

In Dubai, you can get apartments with rents starting from AED 15K for a studio in areas like International City and Deira. Rents of one-bedroom apartments in Dubai start at AED 21K in areas like Al Nahda and Dubai South.

In places like Downtown Dubai and Palm Jumeirah, the average rent for a 1 BHK flat starts from AED 45k and AED 65k, respectively. Rents for 2-bedroom apartments range from AED 30K to AED 525K.

You will find expensive properties in areas such as Business Bay, Downtown Dubai, and Jumeirah. Rents for 3-bed flats are at around AED 45K in the Al Qusais and Jebel Ali communities.

In JLT, rents for a 3-bedroom apartment start at AED 121k, and in Business Bay, rents for 4-bedroom apartments start at AED 65K in Deira. Annual rents can go up to AED 800K in Downtown Dubai.

If you have a deep pocket, you can also go for a 5-bedroom apartment in Dubai. In communities such as Dubai Sports City, Jumeirah Lake Towers (JLT), and Jumeirah Beach Residence (JBR), the rent for 5-bedroom apartments start from AED 150K.

How to Rent an Apartment in Dubai?

Your search for a property for rent starts with visiting web platforms, such as Toplatest. With such a platform, you will find it easier to locate a property for rent and connect with real estate agents.

Once you choose a property, it is now time to negotiate with the landlord and sign a tenancy contract. You can pay the rent through post-dated cheques. It is common for landlords to ask for one to four months' rent cheques in advance.

While renting a property in Dubai, you should also pay a security deposit, usually within 5-10 percent of the annual rent. The exact amount is decided by the landlord and is refundable upon vacating the property.

The landlord can deduct a portion of the security deposit when you vacate the property if you cause any damages to the property.

Another thing to keep in mind is that you need to register for an Ejari, a government initiative by the Real Estate Regulatory Agency (RERA) to regulate tenancy contracts in Dubai while signing the tenancy agreement.
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Author: Sara William

Sara William

Member since: May 21, 2021
Published articles: 1

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