Arabella was recently recognised with a gold medal at the first edition of the Sheikh Hamdan bin Zayed Environmental Awards
uae7 hours ago
Rent declines for residential properties in Dubai averaged five per cent for the last 12 months and 2.5 per cent on average quarter on quarter, a recent study shows.
According to a recent survey published in Khaleej Times, landlords in Dubai are offering various incentives such as 1-month free rent, the inclusion of white goods, paying for moving fees and more to keep their units occupied.
The soft market is also seeing a lot of tenant movement to larger, better located properties. Tenants are moving out of established communities in new ones.
Approximately 3,700 residential units were handed over in Q2 2018. The majority of handovers were in Jumeirah Village Circle (JVC), Damac Hills, Dubai Silicon Oasis and Al Nahda. For the remainder of the year, majority of the upcoming supply is in Business Bay, JVC and Downtown Dubai.
However, people are always on the lookout for accommodations near the Dubai Metro. Connecting most residential and commercial areas in the emirate, the Metro allows commuters to sail over peak morning and evening traffic.
A statistics published earlier in Khaleej Times reveal that by opting to stay a few metres up or down a Metro station on both the lines can result in significant cost savings.
Khaleej Times takes a look at such options you can explore:
1. New studio apartment near ADCB Metro Station (Karama)
Rent: Dh50,000 per year (details here)
2. 1 BHK apartment near Dubai Free Zone Metro Station (Al Qusais)
Rent: Dh48,000 per year (details here)
3. 1 BHK apartment near ADCB Metro Station (Karama)
Rent: Dh48,000 per year (details here)
4. 4)1 BHK apartment near Burjuman Metro Station (Bur Dubai)
Rent Dh53,000 per year (details here)
5. 2 BHK apartment near ADCB Metro Station (Karama)
Rent Dh70,000 per year (details here)
6. 3 BHK apartment near ADCB Metro Station (Karama)
Rent: Dh80,000 per year (details here)
Arabella was recently recognised with a gold medal at the first edition of the Sheikh Hamdan bin Zayed Environmental Awards
uae7 hours ago
Post the Covid pandemic, the Emirates has emerged as one of the most popular spots for destination weddings
uae7 hours ago
It bears the name 'Dubai' in Arabic and dates back to the 1960s
uae7 hours ago
The quake occurred at 3.03am local time
uae7 hours ago
Debutant and |Dubai amateur Oscar Craig makes the cut on a tough day dominated by warm winds
sports12 hours ago
In a packed leaderboard the tied second place was decided on a card countback with the Emirates Golf Federation 2 Team prevailing
golf12 hours ago
Chief organiser Tony Estanguet says the goal is to organise a 'spectacular but also more responsible Games which will contribute towards a more inclusive society'
sports13 hours ago
Hag will hopeful Luke Shaw, Anthony Martial and Lisandro Martinez will return before the season's end
sports13 hours ago