Pay less rent

With rents drastically dropping all over town it’s time for you to cash in 9 Comments

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Discovery Gardens

Kate Goossens, 24
The deal: A studio for Dhs3,500 per month.

‘Previously I was sharing an apartment in JBR and paying Dhs 7,000 per month (Dhs84,000 for the year),’ says Kate, a legal PA from Australia who’s been in Dubai for 18 months.

‘My lease was coming to an end and the landlord wouldn’t reduce the rent to line up with the new lower market prices.’ And, as Kate loved the idea of living alone, she investigated whether she could afford a one-bedroom apartment or studio. The search concluded with a studio in Discovery Gardens, which had a ‘price so good I didn’t really need to haggle.’

‘Although I do miss the buzz of Marina Walk and there are a few problems with Discovery Gardens – not all traffic signals are functional, there’s no undercover parking and there aren’t many amenities set up yet – I love its quiet location, beautiful gardens and proximity to Ibn Battuta and Sheikh Zayed Road.’

Saving: Dhs3,500 per month.

Better Homes says: ‘A one bed costs Dhs75-80,000 in January; now it’s around Dhs55,000. Our tenants like the convenience of being next to Ibn Battuta, and, of course, the proximity to Sheikh Zayed Road means they save time on school and work commutes.’

Moving tip: ‘Keep all receipts (deposits for landlord, DEWA, Empower, etc) so that closing accounts and getting deposits back is much faster and drama-free.’

By Becky Lucas
Time Out Dubai, 22 June 2009

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Posted by: faiza faisal on 14 Jul ' 09 at 07:46

Please could you drop in an e-mail if there are still any flats say 1 bedroom availbel for 40 -45,000.

Posted by: Rico Lorenzo on 12 Jul ' 09 at 08:24

why is the rent in satwa still expensive????

Posted by: amruta on 24 Jun ' 09 at 08:56

rents in sharjah are decreasing too. In sharjah you get 1BHK in 35k in gud area like Abushagara, al wahda, qussimia. b4 it was 50-55 k for 1 BHK. rents in popular al nahda also decreased.

Posted by: Anon on 24 Jun ' 09 at 05:54

I don't think I've ever lived in a city where rent is such a major issue that it gets covered in a magazine like Timeout. This is ridiculous, really. Where else in the world is rent such a major issue?

Posted by: Stephen on 23 Jun ' 09 at 13:24

How about 145 KAED for a type F 2055 sqft in Shoreline Apartments on the Palm?
We were amazed..........

Posted by: sonia on 23 Jun ' 09 at 10:43

The fall in rents has been shown only in areas where the people who can afford stay, or people who have their rents paid for by their companies, what about the other areas of Dubai and Sharjah like Karama, Burdubai, Deira, Ghusais and Sharjah? Why dont you give us a real look into all these areas where the common man lives? It would surely help the person who pays his/her rent from his own pocket to cash in.

Posted by: Paula on 23 Jun ' 09 at 08:50

I am very interested to know more about this apartment in Al Sufouh 1 - what development is this? How do I find it? Appreciate ny advice please. Thanks!

Posted by: Rahil on 23 Jun ' 09 at 08:33

YES... Great article its time the rents in DXB come to an level "affordable". MOVING TIP: instead of going to real estate try to make a deal with Hotels & Hotel Apartment in Al-Barsha area VARIETY of rooms available price is unbelivable, you can compare against you DEWA bill & you will seek the benefit of moving in. Hotels are giving better price than real estate with ++ benefits like free internet free parking space & you dont have to pay any DEWA bills look around Mall of Emitaes plenty of room available with excellent deals.

Posted by: Omar on 23 Jun ' 09 at 07:32

Great article guys... can you comment on whether there has been a knock-on effect for Sharjah, in terms of more realistic rentals there as well? Comments by area (as you did above) would be much appreciated...

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