Top market trends to know if you are looking to rent an apartment in Dubai

By Rocky Real Estate

Top market trends to know if you are looking to rent an apartment in Dubai

Apartment seekers in Dubai have a world of options available. If you are looking to rent an apartment in Dubai, from a studio to a 5 bedroom apartment there is a lot on offer whether it is in terms of size or the location.
Here are the top market trends you ought to know before you set off on an apartment hunting spree.

Property sizes in demand

Now that the property prices have softened, apartments for rent in Dubai are available in all sizes and at affordable rates. Whether you are looking to upsize from your current property size or to downsize into a more manageable carpet-area, it is wise to keep an eye out for the sizes that are currently in demand. The market has seen a trend favoring the extremes when it comes to the apartment size, renters are either looking for a compact yet spacious 1 BHK or expansive 4 BHK.

Those looking for smaller personal space are preferring 1 BHK with a spacious layout. Executive Tower J at Business Bay offers a 1-BHK apartment with a meticulously designed kitchen and bedroom area to fulfill the needs of both an individual and a small family. On the other hand, prime properties like the 5 star 2 BHK apartment in Barsha Heights and the Balqis Residence Apartments at the Palm Jumeirah are on high demand for their 4 BHK residences with spacious, luxury living and a great view.

Preferred amenities

Most tenants are looking for both a personal space as well as convenience of conveyance and easy access to commercial areas. Property for rent in Dubai with access to metro or highway for the easy and quick commute is high on the preference list. Other amenities in demand are community living as well as outdoor space, like a balcony. The Cascades at the Dubai Marina located within proximity to the metro station offers apartments on rent with a large balcony and the pool view.

Convenience of payment

Landlords have recognized the importance of drawing a long-term commitment from tenants. They are now providing payment options and, in some cases, reducing or writing off the commission and service charges. The 21st Century Tower located at Sheikh Zayed Road offers spacious living within proximity of the Dubai Financial Metro Station and comes with the option of easy 6 cheques payment.
For more such properties with amenities and convenient access to commute, check out our residential listings at https://www.rockyrealestate.com/residential/