Dubai Property Hunt

Although Dubai’s real estate market is growing by leaps and bounds, many residents still prefer to rent property in Dubai rather than buying. The continuous expat influx in the city has resulted in a heightened demand for Dubai long term rental properties, both residential and commercial. People coming to Dubai for jobs are either offered accommodation or a rent allowance by the company to meet their accommodation needs creating increased demand for the residential property rental. On the other hand, the city’s business boom has increased the demand for commercial long term rental properties in Dubai by folds.

The last decade has seen some of the greatest rental increases in Dubai’s young history, the highest being in 2004/5 with rental rates climbing up to a huge 40%. This prompted Sheikh Mohammed to pass a decree in November 2005 which limited rental increase to 15% per year. The step made Dubai’s rental property market stable to some extent but the strong demand for properties for long term rental in Dubai has enabled many landlords to find ways around the rental cap.

In general, rates quoted in Dubai are said to be the actual going rates but the margin for negotiation is still there. Specially if you are paying the whole year up front, you can get a good bargain though negotiation. Paying a lump sum rent can also save you from the shocks of periodic and unpredictable rental increase. One good way to find a good and affordable property for long term rental in Dubai is to discuss the matter with your friends and colleagues in Dubai. You can also share an apartment or villa with your family, friends or co-workers which is a good money-saver if privacy is not an issue for you. And if you’re looking for commercial property for long term rental, going through the local classifieds and spreading the word in the local business circuit are some of the most effective practices.

There are various options for Dubai long term rental. For accommodation, there are several apartments, villas and condos available for long term rental. And for those looking to rent commercial property on long term in Dubai, many warehouses, shops, office spaces, labour houses etc are readily available. Dubai Property Hunt has the widest range of Dubai long term rental properties in all areas of Dubai and across the UAE. Our Dubai long term rental property listings include apartments, villas, condos, labour houses, warehouses, office spaces, shops and more. Dubai Property Hunt has the most comprehensive and up to date rental property data with which you have free and easy access to 1000s of properties. Our online search makes it easier for you to find your desired property quickly.

What type of Dubai long term rental property are you looking for?