Dubai property rents to stabilize

Being a land of extravagance has always been the most talked about aspect of Dubai. The most popular of the emirates, Dubai has seen a rising number of expats looking to settle down in the city. Good food, good lifestyle, ample of activities do to and most of all better earning capability makes Dubai a perfect destination to settle down with your family. And what’s better is the real estate market in Dubai right now. It is now easier to get Dubai property on rent at well-off locations.

After the 2008-09 economic slump real estate in Dubai was back on track with affordable and reasonable price rates for properties. The buying and selling business saw a massive growth as more and more people wanted to benefit from the new property prices. Dubai property became available at inexpensive prices without having to compromise on the lifestyle and your dream apartment. Many people also opted for villas as they were being sold at cheap rates according to the masses. After the economic meltdown, the government also made sure that such things were not repeated.

Places to rent Dubai property: Studio apartments in Dubai are available from $3,025 to $1,815 a month at the costliest buildings. Renting a property in Dubai is a better option than buying a property as there are many varieties you can choose from and also it will not cost you much. The new rental legislation will hopefully provide greater certainty and it will make much more sense to rent Dubai property in the current real estate landscape. For those with a modest taste, you can also go for villa apartments or regular apartments in good areas in the city.

Serviced house for rent in Dubai: Dubai has huge options to choose from in terms of living conditions. From places for single business travelers, to families, long term or short term, Dubai has a place for everyone. If budget fits you can go for fully serviced apartments in Dubai. Beautiful furniture, good condition serviced house for rent in Dubai are available anywhere. Get the right agent and you can get your dream apartment without any hassle. Real estate scenario is expected to increase by 84,000 over the next three years, once development stages are completed and ready for occupancy by new homeowners or tenants.

Dubai property to rent: The market is experiencing a steady recovery from the economic meltdown and it has shown in the gradual price rise in the market. Driven by tighter government regulations the residential sector is now experiencing a welcomed period of stability. Dubai property for rent in secondary locations is expected to remain under downward pressure. Average rents and sale prices grew by just 2 per cent and 1 per cent respectively in Q3, down from 3 per cent and 6 per cent in Q2. More and more expats are opting for rented apartments as opposed to buying.

Mumbaikar, MBA Student, Traveler, Foodie, & all I need is Coffee and Mascara.