Residential real estate is considered among the top purchase and rent options in Dubai. If you are looking to rent duplexes, studio apartments, penthouses, or other types of accommodations in Dubai, we can help you with smart investment options.
Types of Residential Real Estate Available in Dubai
Here are some of the most common types of real estate for rent that are available:
Studio Apartment
The most common and least costly option available. The price or rent of this type can vary significantly based on location and amenities. The variations also include options such as fully furnished modern units or unfurnished spaces in diverse areas.
Apartments
In the case of two-bedroom apartments, the average cost of rent usually fluctuates based on size, type, conditions, and proximity to the prime locations in Dubai. Costs are also generally at the higher end for fully furnished options. Apartments are available in sizes:
- 1 BHK
- 2 BHK
- 3 BHK
Villas
Villa rental and purchase options are available by property size, amenities, and location. These aspects can have a significant impact on the rental prices. Villas are available in sizes:
- 3 Bedroom
- 4 Bedroom
- 5 Bedroom
- 6 Bedroom
- 7 Bedroom
Penthouses
The penthouses in Dubai include multi-level suites, multiple suites, rooftop terraces, private gardens, fully-equipped kitchens, and so on. Penthouses are available in sizes:
- 3 BR
- 4 BR
- 5 BR Duplexes
- 6 BR Duplexes
Townhouses
The townhouses in Dubai include balconies, built-in wardrobes, central air conditioning, studies, walk-in closets, private gardens, and so on. Townhouses are available in sizes:
- 3 Bedroom
- 4 Bedroom
- 5 Bedroom
- 6 Bedroom
- 7 Bedroom
The Usual Costs for Residential Properties in the UAE
Dubai’s market has the capability to serve diverse budgets, as annual rents in these start at AED 20,000. The usual costs are:
- A basic approximately 350 sq. ft. in Al Baraha, Deira will cost AED 30,000 yearly.
- Mid-tier furnished options in Jumeirah Village Circle average AED 60,000 annually for 437 sq.ft.
- A luxury furnished apartment in Al Jaddaf can reach AED 110,000 per year.
- For purchase, the average prices of properties can range from AED 250,000 to AED 250 million.
- 2-Bedroom apartments in Dubai range from AED 1.5M to 3M, while in Sharjah, the same costs AED 600K to 1.2M. Similarly, for 3-Bedroom apartments, the costs range from 3M to 6M in Dubai, compared to AED 1.2M to 1.5M in Sharjah.
So, what makes property prices so high in Dubai? This can be attributed to different reasons, such as:
- Dubai’s reputation as a global city often leads to higher prices, especially for high-end real estate in prime locations.
- The DITF is a major global investment hub, and proximity to it demands high property prices and rent rates.
- The city of Dubai also offers premier infrastructure, amenities, and lifestyle offerings, leading to higher costs for high-end properties.
The Best Locations to Live in Dubai
Dubai remains the most preferred destination for expatriates in the UAE. It includes:
The Jumeirah Village Circle
due to its perfect balance of affordability with the most appropriate amenities.
Business Bay
most suitable for corporate professionals.
Al Furjan
a prime location because it includes residential developments, often offering cheap studios for rent.
Dubai International Financial Centre
The Dubai International Financial Centre (DIFC) is a specialized financial hub in Dubai that operates within its own specific regulations. This location is well-connected as well.
Dubai International Financial Centre
The Dubai International Financial Centre (DIFC) is a specialized financial hub in Dubai that operates within its own specific regulations. This location is well-connected as well.
Why Choose Prime Nest Properties?
At Prime Nest Properties, we are not just real estate consultants; we are your trusted partners, advisors, and guides in Dubai’s dynamic property market.
- We founded this company on a passion for excellence and a dedication to client success.
- Our team operates with integrity, innovation, and a personal touch.
- We seek to understand your exact residential real estate requirements to pair you with the perfect home.
- Our understanding considers your goals to deliver tailored solutions to exceed your expectations.
Whether you’re an investor pursuing the next high-value opportunity or a family searching for your dream home, we take the time to understand your goals while also delivering tailored solutions to exceed expectations.
We take pride in fostering lasting relationships that are built on trust, professionalism, and consistent results. Our goal is to help you make confident real estate decisions every step of the way.
FAQ 's
Find quick answers to the questions people ask most.
If I Relocate to Dubai for 1 Year, Do I Seek a Fully Furnished Apartment?
The primary rent options for renting in Dubai come unfurnished, as a standard practice in the city. However, if you are renting a property for a year, you might want furnished options. This is because you wouldn’t uproot your entire life for a year-long relocation. Some landlords do offer furnished options at a premium, for short-term leases. You can opt for them instead.
How Much Would It Cost to Furnish a Rented Residence in Dubai?
Furnishing a rental residence in Dubai can take anywhere between AED 20,000 to AED 60,000, depending on the size of the residence, the style and quality of furniture, and location. If you want to furnish a mid-range two-bedroom apartment, you can comfortably get it at an approx. price of AED 27,000.
What Is Included in the Overall Rent Amount for Residential Options in Dubai?
The basic rent amount will only include the unit. However, utilities, such as electricity, water, cooling, and internet, need to be paid for separately. Some furnished units can include additional maintenance fees.
What Is the Basic Duration of a Lease to Rent a Place in Dubai?
Standard leases in Dubai run 12 months, and the rent is usually paid in 1 to 4 cheques. Some landlords may also offer flexible terms for the overall payment plan.
What Are Some Important Factors That I Need to Know About the Rental Process in Dubai?
Dubai requires that all tenancy contracts be registered through the Ejari system, and it will validate your lease and protect the rights of both the tenant and the landlord. You will typically pay the rent through the post-dated cheques alongside the security deposit and the registration fees. The Real Estate Regulatory Authority (RERA) oversees the rental market, and the Rental Disputes Centre handles any conflicts that arise between landlords and tenants.
What Are Some of the Initial Processes Involved in Purchasing a Property in Dubai?
The process usually starts with obtaining a No Objection Certificate (NOC), signing the Memorandum of Understanding (MOU Form F), paying the overall deposit, and then transferring the title at the DLD from the initial owner to the new owner of a residential property.
Are There Any Additional Costs Involved in Purchasing a Dubai Property?
There are certain additional costs that come with purchasing a property in Dubai. These additional costs include the DLD fee, which is 4%, and agency fees, which are usually 2% of the property valuation. Often, the additional costs also include trustee or registration fees.
If I Purchase a Property in Dubai, Am I Eligible for a Residency Visa?
Yes. By purchasing a property in Dubai that is valued at at least AED 750,000, you are eligible for a residency visa with a validity of 2 years. However, if you purchase a property worth AED 2 million or more, you are then eligible for a Golden Visa, which is valid for 10 years.
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- Office 309-1, Zalfa Building, Al Garhoud, Dubai , UAE
- +971 55 974 0961
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