Published by Bayut.com.

A report monitoring the best areas to rent in Dubai according to "income"

Dubai Marina provides a one-room apartment for 94 thousand dirhams.

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A recent report by Bayut.com monitored a group of areas for renting real estate in Dubai, at reasonable prices, depending on the average monthly income per capita.

The report, a copy of which was reviewed by Emirates Today, stated that most individuals spend between 40 and 50% of their income on housing, in what the individual needs, according to the analyzes, to a monthly income of not less than 6,000 dirhams, or a housing allowance of 2,000 dirhams per month to rent. Real estate in Dubai.

The report pointed out that it is necessary to know that real estate owners prefer to pay the rental value either as a full annual payment, or on several post-dated cheques.

(5000 and 8000 dirhams)

The report stated that the most suitable areas for people whose monthly income ranges between 5,000 and 8,000 dirhams per month are: Al Nahda, Dubai Silicon Oasis, Bur Dubai, and International City.

According to the report, the average rent for a "studio" in the "Bur Dubai" area is 33 thousand dirhams annually, and the average rent for an apartment of "room and hall" is 53 thousand dirhams annually.

As for the “Al Nahda” area in Dubai, it provides studios with an average rental value of 25 thousand dirhams, and provides “one-room” apartments at 34 thousand dirhams, and two-room apartments and a hall at 48 thousand dirhams.

In turn, the "Dubai Silicon Oasis" area provides studios with an average rental value of 30 thousand dirhams annually, and apartments of "room and hall" at 41 thousand dirhams.

For its part, “International City” is one of the best areas that offer affordable housing, with an average rental value for a “studio” of 23 thousand dirhams annually, for a “room and hall” apartment of 32 thousand dirhams, and for a two-room apartment and a hall of 49 thousand dirhams.

According to the report, the "Al Barsha" area is among the best areas that include apartments with excellent facilities at reasonable prices, with an average rent for a "studio" of 38 thousand dirhams, while the average in the "Deira" area is 30 thousand dirhams annually, and for a one-bedroom apartment 43 thousand dirhams. .

(8000 and 12 thousand dirhams)

The Bayut.com report monitored suitable housing options for those whose monthly income ranges between 8,000 and 12,000 dirhams, pointing out that although the areas of “Bur Dubai”, “Dubai Silicon Oasis” and “Al Nahda” remain among the most acceptable options. Some tenants prefer to live in Jumeirah Village Circle, Dubai Marina, or Jumeirah Lakes Towers and other areas.

According to the report, the average rent for a “studio” in “Jumeirah Village Circle” is about 37 thousand dirhams annually, for a “room and hall” apartment 53 thousand dirhams, and for a “two-room apartment and a hall” 74 thousand dirhams.

As for the average rental value for a “studio” in “Dubai Marina”, it is about 59 thousand dirhams annually, and for an apartment of “room and hall” 94 thousand dirhams.

In turn, Jumeirah Lakes Towers stands out, one of the best areas to live in Dubai;

It provides studios with an average rental rate of 51 thousand dirhams, and apartments of "room and hall" with an average rental rate of 68 thousand dirhams.

It is also possible to choose the "Business Bay" area, which provides the option to rent a "studio", with an average rental price of 60 thousand dirhams.

(between 12 and 18 thousand dirhams)

The report indicated the best areas for renting real estate, for those with incomes ranging between 12 and 18 thousand dirhams, including: “Dubai Marina”, Bur Dubai, Jumeirah Village Circle, Al Nahda, Dubai Silicon Oasis and Business Bay.

In the “Dubai Marina” area, apartments of “one room and a hall” are available, with an average rental value of 94 thousand dirhams annually, at a time when “Jumeirah Village Circle” apartments are available with “two rooms and a hall” with an average rental value of 74 thousand dirhams, and three rooms and a hall with an average. It amounts to 112 thousand dirhams annually.

As for the "Bur Dubai" area;

It offers “two-bedroom” apartments with an average rental rate of 71 thousand dirhams, and three-bedroom apartments with an average rental rate of 95 thousand dirhams, while “Dubai Silicon Oasis” provides three-room apartments and an average rent of 93 thousand dirhams.

And in the event that you are looking for a “room and hall” apartment in “Business Bay”, the average rental value is 80 thousand dirhams annually.

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