Best Communities for Long-term Rentals in Dubai
The dynamic environment, exceptional living standards, low crime rates, luxury homes and premium facilities and amenities have made Dubai one of the most desirable living places in the world. The iconic skyline, a diverse range of residency options and the comfortable and convenient environment of Dubai fascinate home seekers from all over the world.
Considering the peaceful living environment of Dubai, luxury properties, world-class amenities and business and employment opportunities, Dubai is a decent city to consider for long-term living. A wide range of communities in Dubai are known for offering long-term rentals. Based on different lifestyles, budgets and living preferences, people can choose the most feasible community for their stay in Dubai.
If you want to capitalize on Dubaiโs tax benefits, high quality of life, safety and security measures and futuristic amenities and stay in Dubai for an extended period then keep reading this blog to learn about the best communities for long-term rentals in Dubai and find the best available option.
Here Is What Makes Dubai Ideal For Long-Term Living:
Tax Advantages: There is no personal income tax in Dubai. Professionals in Dubai are not required to pay this tax from their income. Your income is yours and the government does not charge anything. This allows investors to maximize their savings.
Low Crime Rates: Dubai is one of the safest cities in the world. Proper implementation of rules and regulations reduces crime rates and creates a secure living environment, making it a perfect place to consider for a long-term stay.
Diverse Housing Options: Dubai boasts a range of living options such as villas, apartments, townhouses, penthouses, etc. This means you can choose to live in your dream residence in Dubai, given that a plethora of living options are available here.
Economic Prosperity: Whether you are a working professional, entrepreneur, or businessman, you can take advantage of Dubaiโs booming economy as it rewards businessmen looking to expand their businesses and professionals seeking employment opportunities.
Residency Visa Options: Dubai also offers residency visas such as the Dubai Golden Visa to property investors, skilled professionals, entrepreneurs, and intellectuals. Residency visa options also allow foreigners to prolong their stay in Dubai and keep doing their activities such as business.
Premium Healthcare and Educational Facilities: Your stay in Dubai also gives you access to world-class healthcare and top-tier educational institutions. A number of world-class hospitals, clinics, medical centers, international schools, colleges and universities are there in Dubai, offering state-of-the-art health facilities and quality education.
Exploring Best Communities For Long-Term Rentals In Dubai:
Damac Hills 2
Damac Hills 2 by Damac Properties is a self-contained eco-friendly residential community in Dubai. Previously known as Akoya Oxygen, this community is located between Jebel Ali โ Lehbab Road (E77) and Al-Ain Dubai Highway (E66). It is a family-friendly development that is laced with high-end facilities and amenities such as parks, landscaped gardens, kidsโ play areas and several recreational facilities.ย
If you are looking for a rental option for your long-term stay in Dubai then you can explore long-term rental options such as apartments and villas for rent in Damac Hills 2. The average annual rental value of a studio apartment in this area is AED 47,000 and that of a 1-bed apartment is AED 57,000. The average annual rental value of a 2-bed villa is AED 96,000 and a 3-bed villa is AED 103,000.
The Valley
The Valley by Emaar Properties is a self-contained community in Dubai. Located on the outskirts of Dubai, this community is located close to Al-Ain Road (E66). This community features villas and townhouses, offering a lavish living experience. Laced with top-notch facilities and amenities, this community allows residents to live their dream lifestyles and enjoy the availability of high-end amenities including sports courts, a community gym, etc.
This community is located near Dubailand and the Expo 2020 site. Its proximity to these key areas enhances its value and attracts tenants and investors. You can consider The Valley by Emaar for a long-term rental property based on your choice. Staying here will allow you to live to the fullest and experience the utmost comfort and elegance.ย
Dubai Hills Estate
Dubai Hills Estate is a freehold gated community in Dubai. It is the first phase of Mohammed Bin Rashid City (MBR). Basically, it is a joint venture between Emaar Properties and Meraas Holding. This community features apartments, villas and townhouses, allowing tenants to explore their required properties. Located at a prime destination and laced with high-end facilities and amenities, this community is deemed a perfect place to purchase or rent living spaces.ย
Features such as shopping, dining and entertainment options, parks, green spaces, the seamless availability of advanced healthcare and educational facilities, fitness centers and outdoor activities and proximity to other key areas make it a family-friendly community. The average annual rental value of a studio apartment in Dubai Hills Estate is AED 81,000 and that of a 1 and 2-bed apartment is AED 102,000 and 145,000 respectively.
Arabian Ranches
Arabian Ranches by Emaar Properties is a self-contained family-friendly villa community in Dubai. Located at the intersection of Sheikh Mohammed Bin Zayed Road (E11) and Al Qudra Road, this freehold community features perfectly designed homes inspired by Arabian, Spanish and Mediterranean design. Designed to offer a lavish yet tranquil lifestyle, the Ranches is laced with premium facilities, enabling residents to experience the ultimate joy. Considering its offerings, it is a perfect destination for luxury living.
Living spaces in Arabian Ranches are spread across fifteen sub-communities. This community is poised to offer a lavish lifestyle where residents can have access to futuristic facilities. The average rental value of a 2-bed villa in Arabian Ranches is AED 183,000 and the rental value of a 3 and 4-bed villa is AED 254,000 and AED 411,000 respectively.
Nad Al Sheba
Nad Al Sheba by Nakheel Properties is a popular residential community in Dubai. Located near Mohammed Bin Rashid City and Meydan, this community comes with a diverse range of residential options including apartments and villas for sale or rent in Dubai. Divided into four sub-communities, Nad Al Sheba 1, Nad Al Sheba 2, Nad Al Sheba 3 and Nad Al Sheba 4, offering a family-friendly lifestyle.
People who are looking for long-term rentals can consider Nad Al Sheba too because it is curated to offer a comfortable and convenient living environment. The average annual rental value of a 1-bed apartment in this area is AED 81,000 and the average rental value of a 3-bed and 4-bed villa in Nad Al Sheba is AED 250,000 and AED 256,000 respectively.
Jumeirah Golf Estates
Jumeirah Golf Estates is a freehold family-friendly residential community in Dubai. Located along Mohammed Bin Zayed Road (E311), this community features a range of living options such as villas, apartments and townhouses. The location of this community, its proximity to other key areas, high-end facilities and amenities such as parks, gardens, recreational facilities, and a sustainable living environment make it a perfect destination for living in Dubai.
Home to two world-class golf courses: Fire & Earth, this neighborhood offers an active lifestyle. Residents here can realize their dream way of living and also it is a place that allows people to live as per their own standards. The average annual rental value of a 1 and 2-bed apartment in Jumeirah Golf Estates is AED 87,000 and AED 143,000. The average annual rental value of a 3-bed villa is AED 359,000 and that 4-bed villa is AED 506,000.
Town Square Dubai
Town Square by Nshama Group is a premium residential development located along Al Qudra Road (D63). It is considered one of the most popular areas to rent an apartment in Dubai. This family-friendly community is located near several educational institutes and also offers facilities such as parks, landscaped gardens, kidsโ play areas and many more. This area also offers co-living spaces, enabling tenants to use the same space for residence and work.
Indeed, it is a beautiful community that intends to offer a sophisticated lifestyle where you can experience the ultimate comfort and elegance. The average annual rental value of a studio apartment in Town Square is AED 42,000 and that of a 1 and 2-bedroom is AED 66,000 and 92,000. The average annual rental cost of a 3-bed villa in this area is AED 151,000 and a 4-bed villa is AED 203,000.
The Oasis
The Oasis by Emaar Properties is a modern residential development in Dubai. This community offers luxury villas and mansions. It is developed to meet the growing demand for luxury real estate and meet the aspirations of luxury enthusiasts. Located close to four international golf courses, this community also offers easy access to several prime localities of the metropolitan city. Expensive layouts of properties and top-class facilities, including high-end educational and health facilities, gymnasium, fitness centers, kidsโ play areas and playgrounds.
Damac Lagoons
Damac Lagoons by Damac Properties is a premium residential community. Located opposite Damac Hills and close to Dubai Sports City and The Els Club area, this area offers a lavish lifestyle in a prime location. It comes with a range of living options, including villas, apartments and townhouses, entertaining tenants and investors of various types. It offers a luxury lifestyle and features facilities such as Kayaking, a lagoon zipline, a wave pool, snorkeling and wave riding. Divided into eight sub-communities, this area features unique designs and amenities.
Emaar South
Emaar South by Emaar Properties is one of the most sought-after destinations in Dubai. It is part of Dubai World Central (Dubai South). It is connected to Sheikh Mohammed Bin Zayed Road (E311) and the Emirates Road (E611). This community consists of 10 residential complexes, offering villas, apartments and townhouses. Laced with facility-friendly facilities such as swimming pools, dedicated barbecue areas, kidsโ play areas, parks and green spaces, extending a luxury lifestyle.
The average annual rental value of a 1-bedroom apartment in Emaar South is AED 56,000 and that of a 3-bed is AED 117,000. The annual rental cost of a 3-bed villa in the same community is AED 118,000 and for 4-bed is AED 150,000. This community is located at a prime destination and is also connected to popular road networks. Contemporary designs, spacious layouts, high-end facilities and affordable rental properties make it a decent consideration to rent a property for an extended period.
Dubailand
Dubailand by Dubai Properties is a massive development in Dubai. It spans over 3 million square feet and is divided into several districts. Considering its size, it is deemed a city within a city because it sprawls over a number of residential communities. Located just off Sheikh Mohammed Bin Zayed Road (E311) and offers easy access to key areas such as Al Maktoum International Airport, Dubai International Airport, etc.ย
It comes with multiple living options, facilitating tenants and investors to find their required living options. Facilities include theme parks, shopping malls, gymnasiums, swimming pools, kidsโ play areas and a wide range of other modern facilities. The average annual rental cost of a studio apartment in Dubailand is AED 43,000 and the rental cost of a 1-bed is AED 60,000. The average annual rental value of a 1-bed villa is AED 74,000 and that of a 2-bed is AED 131,000.
Summing Up:
Dubai is one of the best cities in the world for living a dream lifestyle. Its iconic skyline, luxury facilities, favorable living and working environment, employment opportunities, tax benefits, low crime rates, residency visa, and employment and business opportunities make it a preferred city for living. Property investors, businessmen, and professionals who seek long-term rentals in Dubai can explore a number of rental options, including villas, townhouses, and apartments in areas such as Damac Hills 2, Arabian Ranches, Emaar South and Dubailand because these are Dubaiโs most popular areas for long-term rentals.
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Kelt and Co Realty is a prominent real estate agency in Dubai. This property company helps people buy, sell and rent real estate in Dubai, UAE. No matter whether you aim to rent or buy a property for your living, our professional guidance can make this process feasible for you. Our team values our customers and strives to deliver the best because, at Kelt and Co Realty, we believe in offering tailor-made real estate solutions.
What is the best community to live in Dubai?
Arabian Ranches, Dubai Hills Estate, Emaar South, Dubailand, Nad Al Sheba and Jumeirah Golf Estates are some of the best areas for long-term rentals in Dubai
Where do most expats live in Dubai?
Jumeirah Village Circle (JVC) is one of the most popular neighborhoods for living among expats. They can live wherever they want in Dubai based on their preferences and commute requirements.
Can foreigners buy property in Dubai?
Yes. Expats and foreign investors can purchase all types of residential and commercial real estate in Dubaiโs freehold areas. These areas include Downtown Dubai, JVC, Dubai Marina, Palm Jumeirah, etc.
Can I obtain a residency visa in Dubai?
Yes. The UAE offers residency visas to property investors, intellectuals, professionals, scientists, etc. By meeting the minimum requirement, you can obtain an extended residency visa in Dubai. For example, if you purchase property worth at least 2 million then you can obtain the Dubai Golden Visa- a 10-year renewable residency visa.