The city of luxury, the shopping capital, the home of the world’s biggest records, the business hub , the place with lengthy white sand beaches and a year-long sunshine, one of the top travel destinations… - if we have to replace all these mentioned here with one word, it would definitely be Dubai. This amazing city is one of the seven emirates in United Arab Emirates and although is not a capital, it is the largest city in the country marked by population. Dubai is the most multi-ethnic city in the world due to the fact that the majority of the population (around 83%) is composed of expatriates who came to Dubai from all over the world. Dubai residents have a variety of available options when it comes to housing but definitely one of the most popular are apartments for rent in Dubai.
Apartments for rent in Dubai vary between fully-furnished, un-furnished and semi-furnished, which include a fully equipped kitchen. These apartments typically consist of a living room with dining area, open or closed plan kitchen, hall, various numbers of bedrooms and bathrooms, guest toilet and balcony(ies). Maids, laundry and/or store room can be also included in some big size apartments. Flats in this emirate range in size from studios, one and two bedroom up to four bedroom apartments or even bigger. Modern and stylish penthouses may also be an option that provides luxury, space and privacy to its wealthy tenants. Dubai residents who live in the apartments can benefit from the building’s amenities such as swimming pool, fully equipped gym, reception area, parking, centralized AC and security and maintenance service. Although these facilities come as a standard for the nearly all newly built residential buildings, they may not be available in some older buildings across Dubai. Various areas within Dubai offers shaded kids playgrounds, parks, sports facilities, international schools, nurseries, shops, pharmacies, restaurants, cafes to the residents.
While demand for the apartments for rent in Dubai constantly grows, the offer follows demand and you will certainly be spoiled with the variety of available apartments when it comes to their size, location, finishing and style, facilities and furnishing options. Everyone can choose a desired living space according to their needs and budget.
All rental agreements are usually drawn up for a period of one year, payable by 1-12 current/post-dated cheques. The rent amount can be slightly negotiable if a tenant offers a single or fewer number or cheques. Additional costs include a refundable security deposit in the amount of 5% of the full rental fee for the unfurnished and semi-furnished apartments or 10% for fully-furnished apartments and agency fee which is usually 5% of the annual rent. To sign a rental agreement for an apartment in Dubai you will need a copy of your passport including residence visa page. Yearly rental fee for a mid-range studio apartment for rent in Dubai is between 37,000 AED – 42,000 AED, for a mid-range two bedroom apartment is 100,000 AED – 150,000 AED and for a highest standard four bedroom apartment is between 230,000 AED – 350,000 AED.