Dubai is a global city growing fast. Dubai real estate is expensive and is part of the Top 5 in the world. For finding a residential property –villa or apartment, the decision has to be governed by personal preferences in terms of the distance from the place of work, security, social and commuting infrastructure and rental values of that area.
Though Dubai is not such a big expanse its traffic flow in peak hours will impact housing location , if not chosen well. Families choose apartments depending on the place of work, schools for children and access to social infrastructure.
Dubai’s rush hours run from 7 am till 9 am and 5 pm till 7 pm as the traffic jam in the morning will be from the Sharjah direction to Dubai and reversed in the evenings on all major roads. The traffic jam is more in the mornings from north to south and it is reversed in the evenings.
This is because a large number of people live in Sharjah and work in Dubai Jabel Ali due to cheaper rents in Sharjah. The congestion is made up of both work and school traffic.
While planning the location, it is ideal to have a good look at where you will be working and where the kids will be going to school.
As for areas, there are some popular expat areas, from north to south. These locations have value for money apartments for sale in Dubai.
- International City
- Um Sequiem
- Al Sufouh
- Lakes, Meadows & Springs
- Emirates Hills
- Dubai Marina
- Jumeirah Lake Towers
- Motor City
- Arabian Ranches
- Jumeirah Village
- The Gardens
- The Green Community
In terms of rental prices, Discovery Garden was commanding more with Palm Jumeirah remaining as the most expensive area with the apartments in DIFC and Downtown Dubai. Palm Jumeirah’s three-bedroom villa costs is around DH 350,000 on a per annum basis.
The apartment rental rates grew in 2013 in International City. On an annual basis, a two-bedroom unit in Discovery Gardens has the highest lease value.
Villa Vs Flats
People make a choice between villa and apartment. The former has more advantages and running costs are also high.
A Villa gives more privacy and gives the feel of a proper “home” in terms of more space, a garden to take advantage of the beautiful weather, swimming pool and car parking. Its downside is higher bills for electricity and water, maintenance charges, furnishing costs.
There are Flats for Rent in Dubai, which are more economical, easier and cheaper to furnish. It can control service bills, a lot of towers and apartment blocks come with a shared pool and gym and sometimes shops too. There is no isolation and it is easier to clean and 24 hour security is also there..
The downside to living in a flat are
- Living in such close proximity to other people,
- Paid parking space
- Less space indoors
- No garden
- Noise from other flats.
These days you can get advisories and alerts from real estate agencies and research bodies. This will help you in planning your budget with a futuristic outlook. There are too many online property portals where searching for property is easy. For Properties to rent in Dubai you can search online portals in terms of budget, area and number of bedrooms as the criteria. To find properties for sale in Dubai you can approach an agency who will help you to locate a property on the basis of a service fee.