Property for Rent in UAE
The United Arab Emirates comprises of seven highly dynamic and magnanimous states including Dubai, Sharjah, Abu Dhabi, etc. The living standard of people residing in these emerging economies is quite high and the beautiful beaches, amazing marina and well-structured buildings make this country one of the most tops most choices for people looking for relocation.
UAE is a second home for more than 200 nationalities and the astounding views and enormous skyscrapers have made this country an ideal destination for moving and relocation. The property for rent available for people moving to UAE comprises of a large pool of options including residential and commercial properties.
States of UAE
All the United Arab Emirates States are famous business hubs and offer people with amazing job and career opportunities along with high standard facilities and a welcoming environment. The rental property in UAE across all these states offers tenants with a luxurious and highly comfortable lifestyle.
The scenic beauty and tax-free income of the residents of UAE have made this country an ideal destination for people from all over the globe. The seven states included in the UAE are mentioned as following:
Property for Rent in Abu Dhabi
Abu Dhabi is the capital of the United Arab Emirates making it superior to other states in terms of economic stability, progress, and luxurious lifestyle. Abu Dhabi is comprised of various islands which are scattered across the United Arab Emirate vicinity.
The property for rent in Abu Dhabi is available across all these islands and tenants can acquire both residential and commercial properties equipped with all the amenities required to lead a good life.
People from several communities reside in this state of UAE and the versatility of cultures, food, and traditions make this place a popular option for your next residence or workspace. The economic stability and availability of all the necessary facilities make Abu Dhabi an ideal place for relocation and renting a property.
Types of properties available in Abu Dhabi
Tenants are offered with a large pool of options while looking for a property. The apartments for rent in Abu Dhabi range from one-bedroom apartments to 2,3,4-bedroom apartments etc. with the single bedroom apartment of an average 900 square feet area.
In addition to those residential flats and villas are available for rent for people looking for larger rental residencies. Other available options include townhouses, workspaces, retail stores with an area ranging from 600 square feet to 2,500 square feet. The storage space for a typical warehouse for rent in Abu Dhabi is equal to 18,000 sq. feet normally.
Popular Property Renting Areas
The most popular neighborhood for renting a property in Abu Dhabi includes Saadiyat Island. This area is rich in luxurious villas, gorgeous beaches and amazing five-star hotels making it an upscale area for rental properties. Other preferred residential and commercial rental areas in Abu Dhabi include Al-Reem Island, Al Raha Beach, Corniche Area due to their fancy restaurants and attractions.
Price Trends for Renting a Property in Abu Dhabi
The average annual rent for a single bedroom apartment for rent in Abu Dhabi is AED 90k whereas in case of a four-bedroom apartment it will be equal to AED 195k. A 2-bed villa in Abu Dhabi will cost a rent of AED 100k yearly.
Typically, an office space of 172 sq. feet will have an annual renting cost of AED 15k, in case of retail shops the renting price ranges from AED 45k to AED 400k.
Rental Properties in Ajman
The city of Ajman is located between the western coastline of the United Arab Emirates and the famous Muhammad Bin Zayed Road. The 20% of the total market industry of UAE is concentrated in the state of Ajman making it highly popular for renting a property.
Types of properties available in Ajman
The rental properties in Ajman are rich in luxurious and high-quality amenities which ensure that the tenants enjoy a high-quality lifestyle while residing in this state. The commercial properties for rent include warehouses, workspaces, retail shops with additional facilities like parking areas, electricity backup, etc.
The residential properties for rent in Ajman comprise of apartments, flats, villas, townhouses, with single to multiple numbers of bedrooms and additional amenities. Ajman offers residential properties suitable for locals, professionals, families, bachelors as well as families of all sizes.
Popular Property Renting Areas
The property for rent in Ajman offers tenants with a huge variety of options according to their requirements, budget, and personal preferences. The most affluent and luxurious apartments popular among tenants are in the Corniche Tower Ajman located near the historic and prestigious Al Murabba Watchtower and the fascinating Persian Gulf waters.
Other famous rental localities include the famous Al-Bustan well-equipped with amazing facilities like a huge prayer area, medical center, charity school and the prosperous Ajman Museum adding value to the properties of this area. Al Mowaihat is also a preferable choice when it comes to renting a property in the UAE.
Price Trends for Renting a Property in Ajman
A 1-bedroom apartment for rent in Ajman costs an annual budget of AED 20,000 to AED 42,000 depending upon the location and amenities associated with the residential building. Three-bedroom apartments cost around AED 43,000 and villas cost up to AED 200,000 per year. The rental cost of shops ranges from AED 18,000 to AED 60,000.
Properties for Rent in Dubai
Dubai is the most dynamic, well-established and robustly growing state among the United Arab Emirates. The living standard of the people residing in Dubai is world class and a huge pool of career and business opportunities available in this vibrant state has made it extremely popular all over the globe.
The real estate business industry of this state is flourishing immensely, and a wide variety of options are available for renting property in Dubai with a luxurious lifestyle and astounding facilities.
Types of properties available in Dubai
Dubai is home for people belonging to different nationalities and cultures due to its economic stability, high standard lifestyle and comfortable residencies.
Types of residential properties for rent in Dubai are given below:
Types of commercial properties for rent in Dubai including the following property types:
Popular Property Renting Areas
Dubai is a state rich in magnanimous buildings, luxurious residences, gorgeous beaches, and attractive marinas. People relocating to Dubai for business opportunities are offered with a wide range of amazing quality properties for renting so that they can maintain a high standard lifestyle and enjoy amenities. The most popular areas of Dubai for renting properties are listed below:
- Jumeirah Village Circle
- Dubai Silicon Oasis
- International City
- Jumeirah Beach Residence
- Dubai Sports City
- Dubai Marina
- Downtown Dubai
- The Palm Jumeirah
- Business Bay
- Jumeirah Lake Towers
Price Trends for Renting a Property in Dubai
Being the most upbeat, developed and luxurious state in the UAE, the rental budget for Dubai properties is higher as compared to other neighboring states. But recently a decline in the rents of residential and commercial properties was observed due to the robust growth of the real estate industry.
The annual rent for a single bedroom apartment is around AED 60k per year. Whereas in case of multiple bedrooms the price range starts from AED 90k to AED 180k. The yearly rent for a villa lies between a range of AED 180k to AED 725k.
The commercial properties for rent in Dubai having an area of 180 square feet cost AED 7000 per annum. For malls and retail shops to price goes up to AED 150k to AED 175k yearly.
Property for rent in Sharjah
Sharjah is a popular state among the United Arab Emirates with prestigious landmarks and historic buildings. The rules and regulations for people residing in this state are Shariah-based making it less popular among the westerners.
The public transport infrastructure in this state is also less developed which makes among less preferable for renting a property in Sharjah. However, the residential buildings are equipped with top-class facilities and amenities needed to maintain a good living standard.
Popular Property Renting Areas of Sharjah
The topmost location for renting a property in Sharjah is Muwaileh due to its affordable rents and easy access to schools and education institutes. The second place is secured by Qasima which is located nearby King Faisal Mosque and Sharjah’s Mega Mall. Al Nahda is also a well-known community for renting residential properties in Sharjah.
Price Trends for Renting a Property in Sharjah
A single bedroom apartment will cost up to 37k per year in Sharjah. Whereas the rent for multiple bedroom apartments can range from AED 45k to AED 70k per annum.
Renting Property in Fujairah
Fujairah, the fifth largest state of the United Arab Emirates is also commonly known as “jewel of Arabia”. It is filled with dazzling mountain views and serene green lands making it a preferable choice for renting a property and lead a luxurious and peaceful lifestyle.
The industrial and business development in this state of UAE has opened various opportunities for skilled professionals to rent properties in Fujairah. The residential properties for rent in this beautiful state offer tenants with a refined and high standard lifestyle and the lavish home and gorgeous views make it worth living.
Types of properties for rent available in Fujairah
The properties available for rent in Fujairah are rich in high standard amenities which ensure that the residents and business class enjoy a top-class living standard.
Popular property purchasing areas in Fujairah
The most well-known areas for renting a property in Fujairah is suitable for your next dream residence or business venture include locations such as Eagle Hills Fujairah Beach which is a five star beachside resort and offering a unique and luxurious living standard for his hotel guests and residents as well.
Property for rent in Ras Al Khaimah
The state of Ras Al Khaimah is in the north of United Arab Emirates and it is rich in astounding views with lush green sceneries, amazing, and rocky terrains. The total area occupied by this state is 1,684 square kilometers and offers people with amazing options for renting a property in Ras Al Khaimah.
The state is quickly gaining popularity among real estate agents due to the scenic views, high living standard and rich environment.
Types of Properties for rent in RAK
The infrastructure of this UAE state is intelligently built offering people with easy access to popular locations and wide roads. The residential properties for rent in Ras Al Khaimah include single to multiple bedroom apartments and flats, villas, townhouses, etc. with additional facilities like swimming pools, gyms, sauna, garden, etc.
The popular locations for renting properties in RAS include Al Hamra village, Al-Marjan Island which offer tenants with world-class facilities. The city also offers several prestigious gateways like the National Museum, Dhayah Fort, Sheba’s Palace, Al Hayl Fort making it a preferable choice for tenants looking for attractions.
Types of residential properties for rent in Ras Al Khaimah are given below:
Popular areas for renting property in RAK
The most well-known locations for renting a property in RAK include gorgeous locations such as Al Hamra village, Al-Marjan Island, Al Hayl Fort, etc.
The most popular areas for property for rent in Ras Al Khaimah include the following:
Renting a property in Umm Al Quwain
The name Umm Al Quwain means “mother of two powers” and this state is the least populated and second smallest state among the seven United Arab Emirates. This state is rich, well architecture and luxurious residential and commercial properties for rent.
People looking for relocation to a peaceful and quiet place prefer Umm Al Quwain state which provides easy access to other states like Dubai. The rental properties in Umm Al Quwain are well-equipped with top-class facilities and amenities to ensure that your lifestyle is high quality and comfortable.
This UAE state is located between the states of RAS and Ajman. The attractions offered in this peaceful state include sky diving, sailing, camel riding, falconry, etc. in addition to offering rental properties at reasonable price ranges. The rental properties available in Umm Al Quwain include 1-bedroom, 2-bedroom,3-bedroom, 4-bedroom apartments and flats, villas, townhouses, commercial properties, etc.
Types of properties available for rent in Umm Al Quwain
The properties available for rent in Umm Al Quwain are rich in high standard amenities which ensure that the residents and business class enjoy a top class living standard.
Popular property purchasing areas in Umm Al Quwain
The most well-known areas for purchasing a property in Umm AL Quwain is suitable for your next dream residence or business venture include locations such as Umm Al Quwain Marina is the area of UAQ which is the least populated and holds great archaeological interest. Tell Abraq and Ed-Dur the two ancient near eastern cities were discovered in Umm Al Quwain and making these sites is the largest archaeological discovery in the UAQ.
Steps to Rent a Property in UAE
UAE is one of the top most destinations for people relocating from various parts of the world due to the world class living standard, stable economy and amazing facilities. Renting a property in UAE involves a comprehensive procedure and detailed analysis of all the available options before deciding.
The real estate investment is extremely significant in today’s world and thorough research is required to rent the best option available. The steps involved in renting a property in the UAE include the following:
List down your requirements
The first and most important step while looking for a rental property is to list down your requirements and demands clearly. You must have must clear about whether you want to rent a residential property or a commercial one. Other specifications like size, property type, furnishing style, the location must also be listed down before conducting research.
Visit Online property listing websites
After successfully listing down the specifications, visit online portals for reviewing the rental properties available in your preferred locations. These listing can also help you get a clear idea about the budget required and the facilities available along with the rental properties in UAE.
Short-list your options
After thoroughly going through the properties available for rent, narrow down your choices based upon your requirements and personal preferences. Short-list multiple options rather than choosing one so that you can make a suitable choice.
Pay a visit to the property for rent in UAE
Contact the owner or the agents associated with the narrowed down rental properties and set up a meeting with them. Then at the designated time slot, pay a visit to the property to make sure that it matches your living standards and requirements or not. You must also visit the neighborhood to ensure that you are making the best choice for yourself.
Negotiate the Budget
After visiting the rental residential or commercial properties, you will be able to finalize the one you want. The next step is to negotiate the rental budget per annum. Also, negotiate the initial security amount you will pay and the number of cheques to be paid throughout the year.
After concluding the rental budget per year, a contract is signed between the two parties in which factors like total cost, tenure of contract, and other such terms and conditions are listed down.
After successfully signing the contract, submit the documentation which normally includes a copy of your visa and a copy of your residence permit in UAE. After going through all these steps and procedures you are now ready to move to your new home or office or any other property for rent in UAE.