Special Offers for "Most Popular Residential Units"
30 thousand dirhams for rent "one room and hall" including the air conditioning bill
The “studio” and “room and hall” are among the most expensive residential units.
Emirates Today, in a survey of real estate marketing sites, spotted rental offers for the "most popular residential unit categories", such as: (studio, room, and hall), the most prominent of which is a presentation in the Town Square project in Al Qudra, where the rental value of the housing unit was recorded from Category (room and lounge) 30 thousand dirhams annually, including the monthly bill for air conditioning.
Dubai Sports City and Dubai South also recorded the same rental rates at 30 thousand dirhams for the same category of residential unit with the same air-conditioning offer, while areas such as Remraam Complex, Jebel Ali Industrial City, Dubai Production City and Dubailand area recorded the same rental value (30 thousand Dirhams), but without the air conditioning bill.
In some areas of Dubai, the studio category recorded rental values ranging between 13 and 20 thousand dirhams, with some advantages given to the tenant, including granting an additional month to the contract period.
Among the most prominent of these areas are International City, Dubai Sports City, Town Square, and Silicon Oasis.
In addition, the real estate expert, Hisham Al-Asaad, said that there are several reasons behind these offers, the most important of which is the intense competition with the entry of new units into the market, in addition to the increase in supply, especially from the studio, room, hall, two-room and lounge categories.
For his part, CEO of Standard Real Estate Management, Abdul Karim Al-Mulla, said that the slowdown in sales had put pressure on investors wishing to sell to lease, coinciding with the price correction movement in the market, as investors postponed the sale operations until the market recovered again.
He added that the new real estate units would put pressure on rental prices in general, especially with the presence of a large supply in some popular residential categories such as studio, room and lounge, which are the most in the market.
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