Why Rents In Dubai Are Declining?

Dubai has always been one of the most attracting cities in the gulf. Good employment opportunities, hi –tech technologies and classy infrastructure, attractive vacation spots, better living standards and endless business opportunities are some of the reasons that make Dubai a preferred city to live by the most. Even the investors dealing in real estate found Dubai as an excellent opportunity to invest and increase their profit margins.

However, in the past couple of years the prices of rental properties in Dubai have diminished to a great extent. The reasons for this are many like:

- The first most important factors are that supply exceeds demand. The downfall of rentals in Dubai is due to the oversupply and fragile demand due to population shrinkage and global economic recession.

- Secondly, there were no more significant employment opportunities which force the immigrants to come to Dubai and take its apartments on rent.

However, this increasing supply of the rental properties in Dubai have given tenants the good bargaining power and the property owners are ready to accept lower rents. Tenants can rent houses in some of the most happening areas of Dubai like Dubai Marina, Jumeirah Lake Towers, etc, at absolutely cheap rent prices. It allows them to live a lavish lifestyle at the minimal cost.

Move In Dubai is a leading real estate firm in Dubai which deals in all kinds of rental properties in Dubai. Be it apartments, villas, commercial property in Dubai, studio apartments, etc, your rental property needs will be catered here.

To check the property portfolio visit: www.moveindubai.com

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Rental Properties in the list of Dubai Attractions!

Dubai has always been included among the list of richest city in the world. With high –tech infrastructure, numerous tourist attractions, many business and employment opportunities, etc. makes Dubai a cosmopolitan city to live! However, due to the current breakdown in rental prices, Dubai rental properties have shown a tremendous attraction for the people who are fond of fascinating and lavish lifestyle.

The drastic downfall of rentals in Dubai has become a great source of attraction among the expatriates as well as the residents of the neighboring emirates. You can find different types of rental properties in Dubai like apartments, retail space, commercial property in Dubai, vacation villas, furnished or unfurnished apartments, town houses, mansions, and many more. People have variety of options to choose from if they are looking for renting a property in Dubai. The charismatic attraction of a lavish living, peaceful and risk free environment and minimal rental prices has really encouraged many tenants to move in Dubai. Also, due to the steep downfall in rents tourists prefer renting properties over hotels. As these would provide them comfort, luxury, privacy, entertainment and flexibility all at minimal rates! Dubai rental property has now become an important attraction whose demand is increasing day by day.

Move In Dubai, one of the reputed rental property company in Dubai, offers all sorts of properties on rent. They have extensive portfolio of the properties which are located at the prime areas of Dubai.

For more details click on: www.moveindubai.com

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Basic Points to Consider While Renting Short-Term Apartment In Dubai!

Travelling is a hobby and passion for many; there is nothing quite like traveling around the world and taking in all the new sights and sounds. Even though you may love being home, if you are one of the many people who enjoy taking time off to travel the world, Dubai may be one of the big cities on your list.

Whether you are a couple or plan to travel to Dubai as a family, you may be interested in finding rental short term holiday apartments in Dubai. This saves you the cost of paying for a hotel, which you are typically charged for per night. Unless you are only staying for a day or two, renting short term vacation apartments in Dubai may be the more comfortable and cost-effective option. There are a few basic points you should keep in mind when starting your search for a vacation apartment in Dubai:

- Firstly, to find a rental holiday apartments in Dubai you should set a budget for yourself. To narrow down the selection and avoid overspending, you should come up with at least an estimated figure for yourself on how much you can spend.

- Secondly, decide on which area you would like to stay in Dubai. You may prefer an apartment in some of the prestigious areas of Dubai like Dubai Marina or Palm Jumeirah or some where in the outskirts of the city. This all depends on personal preference and also your available budget.

- Another important step is determining the features and amenities you want included in the apartment, such as a fitted kitchen appliances, private swimming pool, Jacuzzis, TV, etc.

- After you decide on all the above factors, you can contact to a reputed real estate agent which can make a real difference for hunting in a valuable rental holiday apartments in Dubai.

Move in Dubai is a reliable rental company in Dubai dealing in all kinds of rental properties in Dubai. They have extensive list of furnished and unfurnished rental apartments in Dubai at prime areas and at affordable prices.

To check the list of properties, browse through their website: www.moveindubai.com

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Living in Dubai is Now Affordable!

Dubai is recognized as the commercial and tourism capital of the UAE and is globally regarded as one of the most sophisticated, futuristic and a cosmopolitan city in the world. At one point of time we use to think living in Dubai, is it quite possible? However, now it’s the shining times for expats as well locals from neighboring cities to settle down in Dubai due to the sharp fall of rentals in Dubai.

A dizzying rent decline in Dubai across all areas and sizes makes Dubai as one of the most affordable cities in the world. Dubai rentals have come down by sizable amounts and this is an opportune time for leasing property. In the Palm Jumeirah rents have dropped by 6%, at the Jumeirah Towers by 10% and at less up market places like the International City, rents have declined by a whopping 22%. This trend is also being reflected in commercial properties in Dubai. At the Big Bay property rentals have dropped by 8% while at the Dubai Silicon Oasis rentals have dropped by 20%. The Burj Dubai that is currently one of the most recognizable buildings in the world has 9 freehold residential tower blocks offering one, two and three bed roomed options at affordable rates. Luxury apartments and penthouses with all modern amenities and state of the art technology are all available at reasonable rates. Rents are falling irrespective of quality of property or location of property. Even prestigious up market areas have'nt been spared. These falling rents make it more viable to rent a house rather than buying a house.

Move in Dubai a reputed real estate company, deals in all kinds of rental properties in Dubai. They have huge property portal located at prime locations in Dubai. Their services and hard work will help you to get your ideal rental property in Dubai.

For details click on: www.moveindubai.com

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