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How to Rent a Property in Dubai | A complete Guide

Posted by Kelt&corealty on December 27, 2024
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Known for luxury and innovation, Dubai is seen as a premier destination for living and tourism. Given its unmatched growth and development, it has become one of the most coveted cities in the world, attracting visitors, professionals, families and businessmen from all over the world. The cityโ€™s beautiful skyline, world-class infrastructure, tourism attractions and vibrant lifestyle contribute to its magnetism.

Tourists, expatriates, families, and professionals often consider rental properties for a living. Rent a Property in Dubai is preferred by many mainly because of the affordability factor, the available variety of options and the specific requirements of tenants. Tourists can consider short-term rentals and families and professionals can go for long-term rentals to capitalize on the cityโ€™s luxury offerings and enjoy the vibrancy of Dubai.

Rent a Property in Dubai:

No matter whether you are a tourist exploring this glorious city, a professional or a family aiming to enjoy Dubaiโ€™s captivating lifestyle and high-end luxuries. Undoubtedly, this city offers a splendid lifestyle and allows people to not only experience the utmost comfort and elegance but also live their lives as they desire based on their standards. Not everyone can or wants to buy property. There can be many reasons for this choice.ย 

Those who do not intend to make a purchase can rent a property in Dubai. This city extends numerous residential properties for rent such as apartments, villas for rent in Dubai and townhouses. In short, renting a residential property in Dubai enables a tenant to enjoy top-notch facilities and amenities and live a dream lifestyle via a budget-friendly living option.

Rent a Property in Dubai

Types Of Rental Properties In Dubai:

Normally, tenants can explore two types of rental contracts here: long-term rentals and short-term rentals. Tenants can choose the most viable rental choice based on their specific requirements such as the duration of their stay in Dubai.

Long-Term Rentals

Individuals or families who plan to stay in the city for an extended period should consider this rental option. Generally, it includes a long-term contract that can last for a duration of one or more years. If you are working here or looking for a property for your family then you are advised to go with this type of rental contract to take advantage of fixed rental rates during the contract period. Remember! This type of contract must be registered with the Ejari system to ensure transparency and legal protection.

Short-Term Rentals

These are rental agreements that can last from a few days to a few months. These are flexible options that are more suitable for tourists and business travelers. People who seek temporary accommodation can go for such options properties under such contracts are normally fully-furnished and these contracts do not need to be registered at Ejari.

Factors To Consider When Renting A House In Dubai:

Budget

One of the most considerable things is determining your budget for a property. You must evaluate your financial resources to find out how much you can afford. Normally, a rental property involves rental payments, utility bills, security deposits and other additional costs. You need to determine your budget to find the most suitable rental property to avoid any additional stress.

Location

Location, location and location. No matter whether you are buying or renting a property in Dubai, you should always prioritize this factor. You need to evaluate your propertyโ€™s proximity to your office, supermarkets, educational and health facilities and public transport before finalizing your decision. Always consider a property that offers seamless access to modern amenities.

Type Of Property

This metropolitan city offers a range of rental properties such as apartments, penthouses, villas and townhouses. Analyze your needs, requirements and interests and then start looking for a rental property that suits your interests. 

Lease Terms

It is essential to comprehend the terms and conditions of a rental agreement. If you are going to sign a rental property agreement then you are supposed to understand and evaluate the terms and conditions of the agreement before signing the contract. There must not be any doubt regarding the payment schedule, security deposit terms, renewal policies and penalties for early termination.

Maintenance Policies

Also, do not forget to check the maintenance-related policies that are outlined in the rental contract. These policies will ensure who is responsible for the upkeep and repair of a particular property. 

Rent a Property in Dubai

Popular Areas To Consider Rental Properties In Dubai:

Dubai Marina 

Dubai Marina by Emaar Properties is one of the most sought-after neighborhoods in Dubai. Known for its luxurious and waterfront properties, this area boasts an imaginary lifestyle, offering a range of modern amenities and a desired living environment. Tourists and families can explore a variety of rental properties in this community and choose the most suitable one based on their requirements.

The average yearly rental value of a 1-bedroom apartment in Dubai Marina is AED 75,000 and that of a 2-bed is AED 100,000. Furthermore, the average yearly rental value of a 3-bedroom villa of 4,993 square feet in this community is AED 650,000. The rental costs of properties vary largely depending on the propertyโ€™s location, type and size.

Downtown Dubai

Downtown Dubai by Emaar Properties is one of the most popular mixed-use freehold developments in the metropolitan city. Located at a prime destination along Sheikh Mohammed Bin Zayed Road and is surrounded by Business Bay and Financial Center Road. Home to the worldโ€™s tallest building – The Burj Khalifa. Furthermore, Dubai Mall, Dancing Fountain and Dubai Opera are also located in this area.

The average annual rental value of a 1-bedroom apartment in Downtown Dubai is AED 175,000 and that of a 2-bedroom is AED 350,000. Additionally, the rental values of 4-bed penthouses start from AED 850,000. 

International City Dubai

International City Dubai is considered one of the most affordable areas. It is a self-contained community that offers seamless access to state-of-the-art facilities and amenities and allows residents to live as per their own standards. Located close to Dubai Safari Park and Academic City and is home to the Dragon Mart 1 and 2. This community extends comfortable living experiences.

The average annual rental value of a studio apartment in International City Dubai is AED 38,000 and that of a 2-bed apartment is AED 96,000. In addition to that, the average yearly rental value of a 3-bedroom villa in this community is AED 115,000.

Dubai Silicon Oasis

Dubai Silicon Oasis is a free-zone mixed-use community and an integrated technology park. Located at the intersection of Dubai Al Ain Road (E66) and Sheikh Mohammed Bin Zayed Road (E311), offering a range of rental properties. No matter whether you are a professional, individual or family, you can explore a suitable rental option in DSO.ย 

This self-sufficient community comes with a range of rental properties such as apartments for rent in Dubai Silicon Oasis and Villas for rent in DSO. The yearly rental value of a 1-bed apartment of 842 square feet is AED 60,000 and that of a 1-bed of 867 square feet is AED 75,000. For villas, the rental value of a 4-bed villa of 3863 sq. ft in Dubai Silicon Oasis is AED 250,000 and that of a 4-bed villa of 4,266 sq. ft. is AED 260,000.

Jumeirah Village Circle

Jumeirah Village Circle by Nakheel Properties is a freehold family-friendly neighborhood in Dubai. Located close to Dubai Marina, Media City, Dubai Internet City and JLT, this community is popular for offering a perfect blend of luxury, elegance and extravagance. This is deemed one of the best communities to consider for living mainly because of its lavish offerings and elegant lifestyle.

The average annual rental value of a 1-bedroom apartment in Jumeirah Village Circle is AED 65,000 and that of a 2-bedroom is AED 160,000. The rental price of villas for rent in Jumeirah Village Circle normally depends on the size and development status. The average rental value of a 4-bedroom villa is AED 199,999.  

Discovery Gardens

Discovery Gardens by Nakheel Properties is a prominent neighborhood in Dubai. This area is located within Jebel Ali between Sheikh Zayed Road (E11) and Sheikh Mohammed Bin Zayed Road (E311). Given this, it is also called Jebel Ali Discovery Gardens. This family-friendly community spans over 26 million square feet and is known for offering a splendid lifestyle, allowing residents to realize their dream way of living.

Apartments of various sizes are available for sale and rent in this community. The average annual rental value of a studio apartment is AED 47,000 and that of a 1-bedroom in Discovery Gardens is AED 67,000.  Consider cheap apartments for rent in Discovery Gardens and start living a splendid life and enjoying the savor of Dubaiโ€™s extravagance.

Mirdif Dubai

Mirdif Dubai is a family-friendly community in Dubai located near Dubai International City. Mainly known for affordable rental villas, this community offers a luxurious way of living and allows residents and tourists to spend their days and nights enjoying its lavishness and feeling the utmost happiness. Looking for a house for rent in Dubai then you should also consider Mirdif because it is a place that aligns with your objectives and interests.

The average annual rental value of a studio apartment in this community is AED 65,000 and that of a 1-bed apartment for rent in Mirdif is AED 85,000. In addition to that, the average rental cost of a 3-bedroom villa for rent in Mirdif is AED 140,000.

Al Nahda

Al Nahda is a mixed-use development In Dubai located near the border of Sharjah. Given its significant location, expatriates, tourists and professionals prefer renting houses in this community. It offers a splendid lifestyle and allows residents to experience the ultimate joy of living a dream lifestyle. Apartments of various sizes are available for rental purposes in this community.

The average annual rental value of a 1-bedroom apartment for rent in Al Nahda is AED 50,000 and that of a 2-bed is AED 77,000. If you are passionate about experiencing the vibrancy and lavishness of Dubai and Sharjah then consider renting a property in this area.

Benefits Of Renting A Home In Dubai:

Flexible Properties

Renting a living space in Dubai offers flexibility in choosing the type and location of a property. It means you can choose to live wherever you want and also change your location if you do not feel satisfied because this sort of living does not bind you to a specific location. It means you can live a dynamic life and explore different areas of Dubai.

Access To Premium Facilities

Rental properties normally come with unlimited access to high-end facilities and amenities, allowing tenants to enjoy amenities including swimming pools, gyms, proximity to parks, playgrounds, recreational facilities and kidsโ€™ play areas and other lifestyle amenities. The availability of these amenities makes tenants live an upscale lifestyle as per their own standards.

Decreases The Impacts Of Financial Limitation

If you go to buy residential properties for sale in Dubai then you will have to pay a hefty amount in order to make a purchase. However, renting a house does not require any such commitment. Given this, it eliminates the need for extensive amounts or down payments. This option also allows people to preserve their capital for other profitable investments.

Allows Individuals To Explore Dubaiโ€™s Lifestyle

If you purchase or own a property then you will have to live in your purchased home and manage yourself according to the environment. However, renting a house allows you to experience the vibrancy, culture and dynamism of a specific neighborhood before settling in a place.

Here Is How To Rent A Home In Dubai:

Start Early

You need to start your search for a house for rent in Dubai as early as possible to make yourself able to explore a wide number of options and find the most suitable property that aligns perfectly with your needs and budget. If you begin your search early then you will not have to make a hasty decision.

Research Thoroughly

You need to take your time to find a decent rental living property in Dubai. For this, research thoroughly to understand rental price brackets in different areas, rules and regulations related to such properties and the best areas to consider for rental homes. You can also use online resources to gather information to make a prudent decision.

Discover All Available Options

This city welcomes everyone and caters to their needs and preferences. It means Dubai offers a variety of rental homes ranging from studio to multi-bedroom apartments, townhouses, villas, penthouses and duplexes. You should discover all available options that fall under your budget and choose the best rental house that aligns with your lifestyle needs.

Prioritize Location

The location plays a significant role. That’s why do not compromise on this factor when looking for a rental home. Choose a property that is located at a prime destination and close to your office, educational and health institutes and other amenities.

Consider Your Must-Haves

The needs and requirements of every individual differ. A rental property cannot meet the preferences of every second individual. Thatโ€™s why you are supposed to create a list of must-have features before beginning your search. It may include the number of bedrooms. Parking area, proximity to parks or gyms, etc. If you know what your priorities are then you can seamlessly find the most suitable rental option.

Hire An Agent

Do not negate the importance of a skills professional in this process. You should get the services of a real estate agent. An expert can help you find the best rental property in Dubai that suits your interests and also fall under your budget because he understands the market and has expertise in this specific field.

Negotiate Rental Price

Considering that Dubaiโ€™s property rental market is competitive, you can also negotiate the rental price and other terms and conditions with the landlord. You should discuss rental value, payment method and other terms to make a favorable deal.

The Bottom Line

Dubai attracts tourists, businessmen and families from all over the world. People come to Dubai to enjoy its lavishness and spend some days of joy and pleasure. No matter whether you are coming to Dubai for an extended period to live or work or visit it as a tourist, you will have to find a living place. Normally, people consider houses for rent in Dubai which include apartments, villas and townhouses. Through property and thorough research, you can explore the most suitable rental homes in this city.

Let Us Help You Find The Perfect House To Rent Or Buy In Dubai!

Kelt and Co Realty is a prominent real estate agency in Dubai. This property company aims to facilitate real estate transactions and help people find rental properties. If you desire to rent a house in Dubai or buy any other kind of property for sale in Dubai then consider our assistance to make a favorable decision because our dedicated team is 24/7 ready to serve you and realize your real estate investment-related dreams

Where to live cheaply in Dubai?

International City Dubai, Liwan, Jumeirah Village Circle and Dubai South are considered some of the cheapest areas to buy or rent houses in Dubai.

What types of houses are available for rent in Dubai?

The metropolitan city offers a variety of rental properties such as villas, townhouses, standalone houses and apartments. Based on your specific needs and budget, you can explore the most viable option for rent because Dubai offers both expensive and cheap properties for rent.

What is the normal lease duration for renting a house in Dubai?

There are normally two types of rental options: long-term rentals and short-term rentals. Long-term rental contracts normally last for a year or more. However, short-term contracts can last a few days, weeks, or months.

Can I negotiate the rental value with the landlord?

Yes. You should negotiate rental value, payment method and other terms and conditions related to the property to get a favorable deal.

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