Dubai is a fast growing city and the property sector is keeping pace with the influx of expatriates entering the country. With the EXPO 2020 just around the corner, the infrastructure upgrade to host this massive event has created opportunities for white collar professionals.
With the new workforce entering the country there are a lot of new residential projects in the market. These offer residential apartments and villas in varied sizes, number of bedrooms bathrooms and layouts.
There are new areas already developed close to the EXPO 2020 site consisting of residential towers to accommodate new expatriates. Since the recent slump in property price and rents, tenants are in the driving seat and a lot of unoccupied inventory available in the market has led to trends like free rental period and other offers. People are moving into larger units and closer to their workplace as the landlords are getting flexible.
In the current over supplied property market there are a few things to consider before searching for a property for rent in Dubai.
Choose an area that is close to your workplace as this will save you a lot of time for the daily travel. Dubai's busy roads have traffic jams during peak hours of the day and living close by can be beneficial in the long run. If you are renting an apartment in a busy area, make sure you also rent a parking space that is within the building. In some busy areas of the city finding a parking can be a daunting task.
If you are a business and are renting a new office or upgrading to bigger unit, having an office within the reach of a metro train can be helpful for the staff. Also make sure there are eateries and restaurants around the office.
Renting a property in Dubai is simple and most of the documentation can be done online , yo can also appoint a realtor to help you find the best property and get get the contract done.
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