<h2 class="">Dubai: Rising Rents Prompt Residents To Seek Affordable Areas, Downsize&nbsp;</h2>Many families in <a href="https://inchbrick.com/residential-properties/apartment-property-in-dubai" target="_blank">Dubai </a>are moving due to rising rents in some established city neighbourhoods.
During the pandemic-induced fall in rents, a significant number of families and individuals in the emirate have moved into more spacious homes with gardens and outdoor facilities.
However, as life returns to normal, residential rents across the country are once again soaring, with many now choosing to downsize or relocate to less expensive areas.
French expatriate Christine Quartier La Tente said in an interview with Khaleej Times: "The main reason why we moved out of Springs was the rent increase. We bought an apartment in Springs for 170,000, with three bedrooms and a large bathroom. Study, a maid’s room and a backyard. During Covid-19, I managed to reduce the rent to Dh140,000.”
But after the coronavirus scare subsided, Christine’s landlord raised the rent again. She explained that if she wanted to continue living in the Springs, her family would have to contribute a significant portion of their income.<h3 class="">Annual expenditure AED 260-290,000</h3><ul><li>"If we wanted to be in the same neighbourhood, with the same layout, I would have to pay Dh2.60 to Dh290,000 a year. So, we thought that would be enough."
</li><li>The French expat then decided to explore the possibility of <a href="https://inchbrick.com/buy-property-in-dubai" target="_blank">buying a house</a>. “I visited a lot of the&nbsp;<a href="https://inchbrick.com/location-in-dubai" target="_blank">Best locations in Dubai</a>. I had my eye on Al Furjan because it wasn’t too far from the Springs and I didn’t need to completely change my life. But that didn’t work out because the property prices in the area were also quite expensive.”
</li><li>By September 2022, the emirate’s <a href="https://inchbrick.com/dubai-property-market" target="_blank">real estate market</a> is recovering strongly. Preferred areas for <a href="https://inchbrick.com/residential-properties/apartment-property-in-dubai" target="_blank">Buy apartments in Dubai</a> include<a href="https://inchbrick.com/location-in-dubai/dubai-marina" target="_blank"> Dubai Marina</a>, Jumeirah Village Circle (JVC),<a href="https://inchbrick.com/properties/the-atria-business-bay-business-bay-dubai-inch-brick-realty" target="_blank"> Business Bay</a>, Downtown Dubai and Jumeirah Lakes Towers (JLT). In terms of villas, Dubai Hills Estate, Damac Hills 2, Al Barsha, <a href="https://inchbrick.com/location-in-dubai/palm-jumeirah" target="_blank">Jumeirah</a> and Damac Hills emerged as the most popular areas.
</li><li>“We decided to buy a house, but the problem is that we are now in our 50s and cannot get a 25-year loan. Also, we don’t want to borrow for that long. For a shorter loan term, we have to consider cash for my daughter’s school flow and all other household expenses. So, we realised we couldn't risk buying a house to live in. We changed our strategy and thought let's move to the cheapest place and put the money aside to invest later
</li><li>After thorough research, Christine has moved into <a href="https://inchbrick.com/location-in-dubai/damac-hills-2" target="_blank">Damac Hills 2</a>, a community facing Al Qudra Road with various affordable properties but a luxurious lifestyle.
</li></ul><h3 class=""> </h3><h3 class=""><img src="https://cdn.inchbrick.com/upload-editor-file/1713507214070_79dab504-c4c9-46f3-b374-6834bd54f825.jpg" alt=""> </h3><h3 class=""> </h3><h3 class="">Commute Longer
</h3>She explained that although the community's<a href="https://inchbrick.com/location-in-dubai" target="_blank"> location</a> on the outskirts of<a href="https://inchbrick.com/residential-properties/apartment-property-in-dubai" target="_blank"> Dubai</a>, close to Jebel Ali-Lubbad Road (E77) and Al Ain-<a href="https://inchbrick.com/residential-properties/apartment-property-in-dubai" target="_blank">Dubai </a>Highway (E66), may require a longer commute, she was attracted by its numerous amenities. And was attracted to this community. These include a picnic park, petting farm, dog park, aviary, children's play area, nursery, water and sports facilities and community centre.
"For me, travel times to and from anywhere within the city typically range from 25 minutes to over an hour. I spend about 30% of my time commuting. These travel times also vary based on the distance to the destination. However, to save future investments, we need to make a significant adjustment in the rent [we pay]. That’s how we got here. We still want to be a community after The Springs,” she added.
Christine is now paying Dh95,000 a year for a three-bedroom <a href="https://inchbrick.com/residential-properties/townhouse-for-sale-in-dubai" target="_blank">townhouse</a> that also has a maid's room and a backyard.
“Houses move very fast here. When I went in April-May 2022, the rent was 70-75K, sometimes even 65K. But in the summer, when I started visiting again around June, prices started to keep rising. Many people were relocating from areas with lower rents, such as town squares, resulting in a surge in demand. Realising that prices would increase further after the holidays, we decided to find a place as quickly as possible. Eventually, the rent for the same villa increased significantly to Dh110K-Dh115K. So, it was a strategic backup plan for money.”
<h3 class="">Room Size Is Small, No Sense Of Community
</h3>Likewise, Mays Aalem has now moved to<a href="https://inchbrick.com/location-in-dubai/al-furjan" target="_blank"> Al Furjan</a> and pays Dh170,000 per year in rent. Mays, who has lived in a larger home in Springs, outlined the hassles that come with moving.
Aralam, a Canadian expat in <a href="https://inchbrick.com/residential-properties/apartment-property-in-dubai" target="_blank">Dubai</a>, said: “Rents in the Springs have increased significantly. The experience of living in a community is in stark contrast to that of living in a house that lacks amenities. Our previous community felt safer, especially when raising children. Also, when you move into a new residence, you have to think about buying new furniture to fit in the next house. In our case, this was much smaller than our previous accommodation. I had to throw away a lot of stuff because it no longer fit in my current home.
<h3 class="">Trouble Shifting Gears
</h3>Filipino expat Jez Riviera, who recently moved to International City from Al Mankhool, explained that better facilities and affordable prices were the main reasons for her move.
Changing cars is always a hassle. But if you do the maths, it must make financial sense to live somewhere. Al Mankhool is lively and I like the atmosphere there, but the landlady keeps raising the rent. Where I live now is a regular one-bedroom <a href="https://inchbrick.com/residential-properties/apartment-property-in-dubai" target="_blank">apartment</a> that we (three sisters) share and we pay AED 2,800. There are many grocery stores, parks and shopping centres nearby. " Jez said.
At the same time, demand for housing continues to rise across the city, resulting in a shortage of available <a href="https://inchbrick.com/buy-property-in-dubai" target="_blank">properties</a>. As a result, landlords experience little or no extended period without tenants confirming a strong and thriving rental market.
“In my previous stay, we paid AED 1,100 for separate partitions. When one of my sisters joined, that number increased to AED 1,300 per month. Then it increased to AED 1,500 for two people. Then By October, she wanted to increase it again to Dh1,700. So, we decided to move out,” the assistant coach added.

Dubai Rising rents prompt residents to seek affordable areas, downsize - Inchbrick Blog

<h2 class="">Discover Prime Investment Opportunities in Dubai's Real Estate Market</h2>Dubai has been a beacon of real estate investments from around the globe for decades. Since the last decade, 80 percent of home ownership in Dubai has been owned by foreigners, with 20 percent owned by Indians. Since the revised Golden Visa rules boosted the housing demand in Dubai, despite suffering a setback during COVID-19, Dubai's realty market is now regaining momentum. Here is the list of the&nbsp;<a href="https://inchbrick.com/" target="_blank" rel="noopener">best areas to buy property in Dubai</a>.As a result of the revised Golden Visa rules, Dubai has seen an increase in the demand for home ownership because the minimum investment requirement for foreign nationals has been reduced. The revised Golden visa relaxation reduces the minimum investment value to AED 2 million, as opposed to AED 5 million previously. Furthermore, the visa tenure has been increased from 5 to 10 years. Investing in affordable housing in the UAE has become easier after the minimum threshold was lowered. <a href="https://inchbrick.com/" target="_blank">Inchbrick Realty</a> will guide you through Dubai's best <a href="https://inchbrick.com/tourism-place-in-dubai" target="_blank">tourist places in Dubai</a>&nbsp;and most affordable neighborhoods. <h3 class="">Top Neighborhoods for Property Investment in Dubai</h3>1. Village Jumeirah<img src="https://cdn.inchbrick.com/upload-editor-file/1690385257115-Untitled-design-4-1024x576.jpg" style="width: 1024px;"> The affordable freehold properties in <a href="https://inchbrick.com/properties/binghatti-house-apartments-at-jumeirah-village-circle" target="_blank">Jumeirah Village</a> are among New Dubai's most prominent neighborhoods. This city's neighborhood is popular with working professionals because it is close to major employment zones, including Dubai Investment Park and Jebel Ali Industrial Area. There is also the benefit of being close to Al Barsha Mall, Mall of Dubai, Dubai Hills Mall, and LuLu Hypermarket.An Inch &amp; Brick Realty listing says the average price of a <a href="https://inchbrick.com/properties/1-bedroom-apartments-in-samana-hills" target="_blank">one-bedroom apartment </a>is around Rs 40 lakh, and a two-bedroom apartment is about Rs 90 lakh. 2. City of International Relations<img src="https://cdn.inchbrick.com/upload-editor-file/1690385302859-Untitled-design-10-1024x576.jpg" style="width: 1024px;"> It is arguably one of Dubai's most popular neighborhoods among foreigners. It is a perfect neighborhood for students, working professionals, real estate, and investors because it is close to Amity University, Zayed University, Ras Al Khor Industrial Area, and Business Bay. Many markets and malls are also nearby.An Inch &amp; brick Realty listing shows a one-bedroom, one-bathroom <a href="https://inchbrick.com/ready-to-move-properties" target="_blank">ready-to-move studio</a> apartment with a price range of Rs 50 lakh to Rs 90 lakh in International City. 3. Sports City Dubai<img src="https://cdn.inchbrick.com/upload-editor-file/1690385329400-Untitled-design-12-1024x576.jpg" style="width: 1024px;"> As one of the <a href="https://inchbrick.com/blogs/tourist-attraction-sights-around-downtown-dubai/">most popular neighborhoods in Dubai</a>, Dubai Sports City is widely known for its affordable properties, especially among Indians and foreigners. Located close to Jumeirah Village, it has easy access to Dubai Investment Park and <a href="https://inchbrick.com/location-in-dubai/downtown-jebel-ali" target="_blank">Jebel Ali</a> Industrial Area. In addition to luxury and affordable housing, healthcare and education facilities are within a 10 km radius of the area.According to listings on Inchbrick.com, a ready one-bedroom and one-bathroom apartment here costs approximately Rs 80 lakh. A two-bedroom flat starts at about Rs 1.5 crore. 4. It's the Silicon Oasis of Dubai<img src="https://cdn.inchbrick.com/upload-editor-file/1690385373240-Untitled-design-14-1024x576.jpg" style="width: 1024px;"> With its proximity to Zayed University and Amity University Dubai Campus, Silicon Oasis is a prominent neighborhood in southwestern Dubai. Near Ras Al Khor Industrial Area and the International Center for Biosaline, the area is popular with students and working professionals. <a href="https://inchbrick.com/buy-property-in-dubai" target="_blank">Buy property in Dubai</a> in Silicon Oasis is very popular due to its proximity to educational hubs and strong road connectivity.The price of a <a href="https://inchbrick.com/residential-properties/studio-apartment-for-sale-in-dubai" target="_blank">studio apartment in Dubai</a> Silicon Oasis with a total area of about 35 sq m is Rs 55 lakh, while a two-bed apartment with a total area of more than 100 sq m starts at Rs 1.9 crore. 5. A tower overlooking Jumeirah Lake<img src="https://cdn.inchbrick.com/upload-editor-file/1690385413205-Untitled-design-13-1-1024x576.jpg" style="width: 1024px;"> Located near <a href="https://inchbrick.com/location-in-dubai/palm-jumeirah" target="_blank">Palm Jumeirah</a> and<a href="https://inchbrick.com/location-in-dubai/emirates-hills" target="_blank"> Emirates Hills</a>, <a href="https://inchbrick.com/location-in-dubai/jumeirah-lake-towers" target="_blank">Jumeirah Lake Towers</a> is a centrally located neighborhood in Dubai. It is a prominent housing area with major amenities, including hospitals, schools, and shopping centers. As well as being approximately 12 km from Jebel Ali Industrial Area and 15 km from Dubai Investment Park, <a href="https://inchbrick.com/location-in-dubai/jumeirah-lake-towers" target="_blank">Jumeirah Lake Towers</a> is a preferred neighborhood among Dubai's working professionals.The average 'ask' price for a 2 Bed, 2 Bath apartment in the neighborhood starts at Rs 2.6 crore. Based on the apartments listed on Inch &amp; brick Realty, a 40 sq m property in Jumeirah Lake Towers is priced at around Rs 75 lakh.The above-mentioned localities are home to many housing projects ranging from budget to luxury apartments. District 18 and Arjan-Dubailand are also home to numerous housing projects.Real estate investment and purchasing options in and around Dubai are booming, so it is recommended to conduct extensive market research with the assistance of a legally qualified broker or property consultant when considering any real estate investment or purchase options. The best way to ensure a safe and smooth property transaction is to understand the document's requirements for the transaction and have a local agent working with you. <h4 class="">FAQ- (frequently&nbsp;asked&nbsp;questions)</h4> 1. What is the Top Location to buy the Best Property in Dubai?<img src="https://cdn.inchbrick.com/upload-editor-file/1690385460619-Where-to-stay-in-Dubai-for-the-FIFA-World-Cup-2022-1024x768.jpg" style="width: 1024px;"> The advantages of <a href="https://inchbrick.com/buy">buying an apartment in Dubai</a> are many. Off-plan properties can be bought and sold without the need for planning approval. Therefore, your home will be built quickly, finished with all the amenities you would expect from a new home, and you won't have to wait longer than usual. yes this is be best<a href="https://inchbrick.com/tourism-place-in-dubai" target="_blank"> tourism place in Dubai</a> 2. Why You Should Buy a Property in DAMAC Lagoons in 2022?<img src="https://cdn.inchbrick.com/upload-editor-file/1690385484611-WhatsApp-Image-2023-01-28-at-11.55.20-AM-1024x576.jpeg" style="width: 1024px;"> In <a href="https://inchbrick.com/detail/malta-townhouses">Damac Lagoons</a>, villas, townhouses, and <a href="https://inchbrick.com/residential-properties/studio-apartment-for-sale-in-dubai" target="_blank">apartments</a> are located near Damac Hills, but they're far from the city's hustle and bustle. There are exclusive living spaces available for sale or rental in the project. One of its main attractions is that it combines the lifestyles of Morocco, Malta, Santorini, Venetian, Andalusia, and many other Mediterranean destinations within a single property. 3. What are the Latest off-plan properties in Dubai?<img src="https://cdn.inchbrick.com/upload-editor-file/1690385531001-Latest-Offplan-Property-In-Dubai-2-1024x576.png" style="width: 1024px;"> A Dubai Land Department-registered <a href="https://inchbrick.com/off-plan-properties-in-dubai" target="_blank">off-plan property</a> is a complete development or property that has been planned and registered in advance. An off-plan property can be a villa, apartment, or townhouse that is vented by an investor (secondary request) or a property investor (primary request). Off-plan properties can be purchased during the planning or construction phases. A list of the <a href="https://inchbrick.com/blogs/latest-off-plan-properties-in-dubai/">latest off-plan properties in Dubai</a> is provided below. Off-plan properties are generally preferred by investors due to their flexible payment plan, capacity for capital appreciation, and high ROI after handover. 4. Best New Properties in Dubai for Investor Visa?<img src="https://cdn.inchbrick.com/upload-editor-file/1690385557900-WhatsApp-Image-2023-01-28-at-12.08.51-PM-1024x576.jpeg" style="width: 1024px;"> There has been a growing trend for foreigners to live in Dubai. The city is also a popular stopover for business travelers who wish to relax between meetings and conferences. Expats and refugees from political turmoil in their home countries also live in Dubai, as do many people from other parts of the world who moved here from other parts of the world. <img src="https://cdn.inchbrick.com/upload-editor-file/1690385597031-WhatsApp-Image-2023-01-28-at-12.00.13-PM-1024x576.jpeg" style="width: 1024px;"> <h4 class="wp-block-heading"> </h4>5. What are the Top 5 off-plan properties in Dubai?

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The advantages of <a href="https://inchbrick.com/buy-property-in-dubai" target="_blank">buying property in Dubai</a> to buy an apartment in Dubai are many. <a href="https://inchbrick.com/blogs/top-5-off-plan-properties-in-dubai/">Off-plan properties</a> can be bought and sold without the need for planning approval. Therefore, your home will be built quickly, finished with all the amenities you would expect from a new home, and you won't have to wait longer than usual.

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Dubai Rising rents prompt residents to seek afford...

Best Area to Buy Property in Dubai 2023