Property Rental in the UAE

Services for tenants and property owners for property rental in Dubai

Types of Apartments for Rent in Dubai

The real estate market in Dubai is one of the most affordable in the world. The emirate offers a wide selection of apartments for rent, ranging from simple studios to ultra-luxury residences. Apartments can be fully or partially furnished, or offered to tenants without furniture. You can rent apartments with panoramic windows, private balconies or terraces, additional rooms for staff, storage rooms, laundry rooms, and dressing rooms - everything you could ever think of, depending on your wishes and budget.

For rent in Dubai, studios and apartments with 1-5 bedrooms are predominantly presented. In addition to single-level residential units, duplexes and triplexes are offered in multi-story projects. Such an apartment is most often equipped with additional bedrooms and a living room, which is ideal for comfortable living for a large family.

It is also possible to rent hotel residences (serviced apartments) in Dubai, which have the advantage of not having any additional expenses - you only pay for the rent. Renting a serviced apartment often comes with the option to use cleaning services, concierge services, and other amenities within the complex. However, the cost of renting this type of property is several times higher than leasing a general apartment.

All residential projects in the emirate offer their residents a large number of premium amenities, inlcuding swimming pools, gyms, children's playgrounds, lobbies with seating areas and reserved parking spaces. The list may vary depending on the type of apartment. In some residential complexes, residents can live with pets - this condition should be discussed before signing a lease agreement.

Apartment trends in Dubai

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According to the Property Finder portal, during the first month of the fourth quarter of 2022, 53,756 lease contracts were registered in Dubai, 70.35% of which were for residential properties. 59.56% of deals were new contracts, while 40.44% were contract renewals. Annual contracts make up 89.3% of the total, while 10.7% were monthly. The average price for renting an apartment in the emirate during the first half of 2022 was AED 47,764 (USD 13,000).

The most popular areas for renting affordable apartments in Dubai are International City, Deira, Dubai Silicon Oasis, Dubai Production City (IMPZ), Town Square, Jumeirah Village Circle (JVC), Dubai Sports City, and Remraam. To rent luxury premium apartments, Downtown Dubai, Dubai Marina, Business Bay, Palm Jumeirah, Jumeirah, and Al Barsha are the most commonly chosen areas.

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Marina Mikhalenko

Senior Property Consultant – Metropolitan Premium Properties

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36-38 Floor, Al Salam Tecom Tower, Dubai, UAE
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Marina Mikhalenko

Chief Real Estate Investment Expert at Metropolitan Premium Properties

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36-38 Floor, Al Salam Tecom Tower, Dubai, UAE
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Rental Prices

The apartments with the lowest rental prices are located in the areas of Deira and International City. You can rent a studio here from AED 16,000 (USD 4,000) and a 1-bedroom apartment from AED 19,000 (USD 5,000) per year. The most expensive 1-bedroom residences are located on Jumeirah Bay Island, with an annual rental cost of up to AED 1,400,000 (USD 381,000).

Living in a 2-bedroom apartment for one year in the Al Muhaisnah area costs from AED 29,400 (USD 8,000), and in Downtown Dubai - from AED 4,500,000 (USD 1,225,000). The annual rent for a 3-bedroom apartment starts from AED 45,000 (USD 12,000) in Al Qusais and reaches AED 6,140,000 (USD 1,672,000) in Meydan One.

Those looking for spacious housing can consider the areas of Damac Hills 2, Bur Dubai, Al Nahda, and Al Khail Heights. Here, the most affordable apartments are available starting from AED 65,000 (USD 18,000) for 4-bedroom units and AED 160,000 (USD 44,000) for 5-bedroom apartments.

Ultra-luxurious residences are located in the areas of Palm Jumeirah, Dubai Marina, Downtown Dubai, and Madinat Jumeirah Living. The maximum annual rental cost for 4 and 5-bedroom apartments here reaches AED 4,800,000 (USD 1,307,000) and AED 3,675,000 (USD 1,000,000), respectively.

How to rent an apartment in Dubai

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All real estate rental transactions in Dubai are strictly regulated by UAE legislation through the RERA agency, so renting an apartment in the emirate is legal, legitimate and fully transparent.

After the prospective tenant selects a suitable residential property on their own or with the help of a real estate agency, they must make a deposit of 5-10% of the annual rental value of the apartment. This amount will be returned after the rented property is vacated. Next, the contract must be signed in the presence of a witness, after which it must be registered through the Ejari system, which legally protects both parties of the transaction. The following documents are required to obtain an Ejari certificate: the original contract, copies of the passports of both parties of the transaction, visas and Emirates ID cards, the landlord's license or power of attorney if available, as well as a copy of the apartment's master plan and property registration certificate. The Ejari stipulates the obligations of both parties in the contract, and guarantees that the agreements concluded between them are transparent and fair.

The next step for the tenant is to submit an application to DEWA for the electricity and water supply connection.

For professional assistance in renting an apartment in Dubai, you can contact Metropolitan Premium Properties. Our highly qualified specialists will help you find a residential property that fits your budget and preferences, prepare all the necessary documents, explain all the points of the contract, and register it through the Ejari system. Metropolitan Premium Properties will make your move comfortable and safe, as well as save you time and effort.

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