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Apartments for Rent in Dubai
Without a doubt, Dubai is one of the most vibrant and exciting cities to live in. Expats from around the globe come here to excel in their career, earn tax-free income and enjoy their life. With a large number of international companies being based in Dubai, many find jobs in industries such as construction, aviation, real estate, tourism etc... Not the mention that, the UAE government has announced that they aim to be the first country in the world to recover from COVID-19 induced crisis. Furthermore, they have already implemented many changes to ease the cost of life in Dubai.
With the EXPO 2020 being postponed for 2021 and other global factors, it is expected that there will be an influx of residents in Dubai. The number of available apartments for rent in the emirate, combined with upcoming projects, allows those looking for a villa or an apartment for rent in Dubai to easily find their dream home. Undoubtedly, there is an ample supply of flats to rent in Dubai.
Dubai is an international business hub, thus appealing to young professionals worldwide. Housing some of the most lavish real estate developments in the world, Dubai offers plenty of options to choose from for. Renting an apartment in Dubai is a preferred option for young professionals. Even though, families seeking an urban Dubai living have plenty to choose from. Prices for Dubai apartments for rent vary depending on location, size and other requirements. Yet, finding your dream home in Dubai will be easy. Some of the most popular areas are Downtown Dubai, DIFC, Palm Jumeirah, Dubai Marina, Al Sufouh, Jumeirah Lakes Towers, The Greens & Views and Damac Hills.
Types of Apartments in Dubai
Whether you are looking for a cosy studio for rent in Dubai on a budget, or a lavish penthouse to enjoy Dubai living at the fullest, Dubai has it all. Ranging from studios to 1, 2, 3, 4 or even 5-bedroom apartments for rent in Dubai, residents can find one that ticks their requirements in no time. Also, most of the bigger apartments come with maid's room included for your convenience. Furthermore, towers itself come with an array of amenities, such as swimming pools, gymnasium, barbeque areas, retail shops etc.
If convenience and comfort are your priority, you can opt for a hotel serviced apartments for rent in Dubai. Singles who value their privacy and need more space will choose a 1-bedroom apartment for rent in Dubai. On the other hand, families will rent an apartment with more rooms and other features. Regardless of your budget, you will surely find an apartment in Dubai catered to your needs. With a professional real estate consultant assisting you, you will find your new home hassle-free.
The Cost of Renting an Apartment in Dubai
With new projects being delivered, and rental prices dropping due to COVID-19, renting in Dubai became affordable. Therefore, many Dubai residents decided to opt for bigger properties in better areas. As mentioned, Dubai has apartments to rent catered to each budget. You can find well-maintained studio apartments in Dubai starting from AED 25K in Al Furjan, for example. Prices for a one-bedroom apartment in Dubai start from AED 40k in areas such as Jumeirah Lakes Towers. The rent for a nice 2-bedroom apartment in Dubai Marina, Downtown Dubai or other sought-after areas starts from around AED 70k. On the other hand, depending on the luxuries offered and the location, the price can go much higher. Apartments in Dubai are rented on a yearly basis; however, multiple cheques are acceptable.
The apartments in Dubai can be offered furnished or unfurnished. Depending on the option you choose, the security deposit will be 5 or 10%. Other costs include agency fee, Dewa deposit and AC deposit (in some projects). Aside from the rent, your monthly costs will include Dewa, Internet and AC (in some project) bills, so keep in mind of additional costs. But don't worry, AQUA Properties agents will assist you with everything. Especially if this is the first time for you to rent in Dubai. Also, keep in mind that with government entities, such as RERA, Ejari etc, your rights as a tenant are secured.
How to Find an Apartment in Dubai?
There are many property portals listing apartments for rent in Dubai. At our website you can browse through our verified listings; tick your preferences; check available properties that meet your requirements, and even schedule a viewing. If you cannot find the desired flat to rent in Dubai, you can get in touch with us. Our consultants are ready to go the extra mile to secure your dream property. Once you find your ideal Dubai apartment, you should submit your offer, including a number of cheques you are willing to pay in. After the landlord confirms the offer, our consultant will instruct you on further steps. Also, you can check out our website for useful tips on how to rent apartments in Dubai.
Why Rent an Apartment in Dubai?
Those who prefer to rent apartments in Dubai rather than villas have several reasons for it. Firstly, apartments in Dubai are mostly located in vibrant city areas. Secondly, you will have all necessities at hand. Last, but not least, you can enjoy a spectacular sea, skyline or community views, especially if you decided to rent a flat on a higher floor. Communities that boast apartments often have easy access to the metro, thus facilitating the commute. Other factors to consider are proximity to schools, your workplace, beach etc.
The Cost of Living in Dubai
Your expenses will depend on your lifestyle. Dubai offers a luxurious lifestyle at its best. Above all, you will enjoy the weather, beach life and a rich nightlife scene. There is a little bit of everything for each budget. There is a lot of options for those looking to save money while leading an active lifestyle. Also, keep in mind that you will in most cases have access to appealing amenities, such as pools, gyms etc in your own gym. Furthermore, Dubai is among the safest cities to live in, with criminal rate near zero. As a city with expat population of over 90%, diversity is seen in every aspect. Residents can enjoy international cuisines from around the globe, celebrate festivities of different nations and lead a rich life full of experiences.
If you want to sign a long-term lease agreement in Dubai, you will need to provide the required residency documents. You will need to submit a copy of a valid passport, a copy of your residency visa, and an income statement from the employer. Tourists or those without a valid residency visa can only rent apartments short-term.
Yes, one tenant can legally have two tenancy contract under his name and connect. The tenant will be allowed to apply for Ejari for both properties and connect utilities under his name.