Classify it into 4 salary categories based on spending 30-50% of income on housing

Bayut.com determines rental options in Dubai based on monthly income

Bayut.com has identified several areas in Dubai that are commensurate with the salary.

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Medhat Al-Swaify À Dubai: Bayut.com has identified several options and areas in Dubai that are suitable for rent on the basis of the rent or monthly income of the tenant, noting that most tenants spend between 30 and 50% of their income on housing.

In a report obtained by Emirates Today, the site revealed four categories of monthly salaries, whose owners can rent different housing units, whether apartments or villas, based on their income.

first category

In detail, a recent report by Bayut.com showed that the most suitable areas for rent in Dubai for people whose monthly salary or average income ranges between 5000 and 8000 dirhams, are the areas of Al Nahda, Dubai Silicon Oasis and Jumeirah Village Circle, where the average rent for studio apartments in Al Nahda is about 26,000 dirhams annually, while the average rent for a studio in Dubai Silicon Oasis is about 24,000 dirhams annually, while the average rent for a studio in Jumeirah Village Circle is about 29,000 dirhams annually.

second class

The report stated that for the best areas to rent real estate in Dubai for owners of monthly income from 8000 dirhams to 12,000 dirhams, the Bur Dubai area, "Dubai Marina", "Downtown Dubai" and "Palm Jumeirah" are among the best areas to rent apartments at that time. income rates.

And he indicated that the average rent for one-room apartments in Bur Dubai is currently about 47,000 dirhams annually, while the rent for “studio” apartments in “Dubai Marina” is about 45,000 dirhams annually, while the rent for studios in “Downtown Dubai” is about 62,000. dirhams annually.

The report added that owners of those incomes can rent one-room apartments in Jumeirah Village Circle, with an average annual rent of 44,000 dirhams, and one-room apartments can be rented in Dubai Silicon Oasis with an average rent of 34,000 dirhams annually, while one-and-a-half apartments can be rented in Al Nahda region, with approximately 33,000 dirhams annually.

third category

As for those with monthly incomes ranging between 12,000 and 18,000 dirhams, the best areas in Dubai in which housing units can be rented, according to the Bayut.com report, include Dubai Marina, Bur Dubai, Jumeirah Village Circle, Al Nahda and Oasis. Dubai Silicon, in addition to "Downtown Dubai" and Palm Jumeirah.

The report indicated that the average rent for one-room apartments in Dubai Marina is about 70,000 dirhams annually, while the average annual rent for two-bedroom apartments in Dubai Marina is about 106 thousand dirhams annually.

The report indicated that for those wishing to rent two-bedroom apartments in JVC, they can expect an annual rental rate of 62,000 dirhams, while for three-bedroom apartments in JVC, it is 95,000 dirhams.

families

The report pointed out that the options for renting apartments in Bur Dubai and Dubai Silicon Oasis are the most suitable for families, as the cost of renting two-room apartments in Bur Dubai is about 66,000 dirhams annually, while the annual rent for three-room apartments is about 92,000 dirhams.

As for the apartment options in Dubai Silicon Oasis, you can expect the annual rent for two-bedroom apartments close to 55,000 dirhams, while the rent for three-bedroom apartments in the same area reaches 80,000 dirhams.

According to the report, in addition, one-room apartments can be rented in Downtown Dubai at an average annual rent of 85,000 dirhams.

villas

Regarding the rental value of villas for the income bracket from 12 thousand dirhams to 18 thousand dirhams, the report indicated that three-room villas can be rented in Mirdif at an annual rate of up to 86 thousand dirhams, while the annual rent for four-room villas is about 106 thousand dirhams.

As for the villa options in Akoya Oxygen, an annual rent for three-bedroom villas can be expected at approximately 57 thousand dirhams, while the average rent for four-room villas in the same area is about 80,000 dirhams annually, while the annual rate of rent for five-room villas is 88 thousand dirhams.

fourth category

The report indicated that the best areas to rent real estate in Dubai, for owners of monthly income from 18,000 dirhams to 25,000 dirhams and above, are "Dubai Marina", "Downtown Dubai" and Palm Jumeirah, where two-room apartments can be rented in Downtown Dubai. At an annual rental rate of up to 142 thousand dirhams.

It is also possible to rent one-room apartments in Palm Jumeirah for an annual amount of up to 116,000 dirhams, while the average rent for two-room apartments in Palm Jumeirah reaches 151,000 dirhams annually.

Three-room apartments can be rented in Downtown Dubai at an average annual rent of 277,000 dirhams, while three-room apartments in Palm Jumeirah can be rented for approximately 203,000 dirhams annually.

• Location Select annual rent averages for each chosen area.

The four categories

■ Persons whose monthly salary ranges between 5000 and 8000 dirhams.

■ Those with a monthly income of 8000 dirhams to 12,000 dirhams.

■ Tenants have incomes ranging between 12 thousand and 18 thousand dirhams.

■ owners of salaries and monthly incomes from 18,000 to 25,000 dirhams and above.

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