According propertyfinder UAE, rents are finally coming down. Anna Lucas: B2B marketing manager at propertyfinder UAE, says, ‘There was a significant price hike at the start of 2014, but a long-overdue stabilisation and correction has been clear since the beginning of this year, and rents are now coming down, typically five to ten percent across the board. For someone just arriving, a great option would be Dubai Marina or Downtown Dubai as they are accessible to many of the city’s attractions and areas of mass employment, but this comes with a higher price tag. For those on a smaller budget, TECOM and JLT are convenient and affordable. If you want more for your money, then head for the likes of Sports City, Motor City and Jumeirah Village Circle. You will need your own transport as these areas are around 15 minutes away from Sheikh Zayed Road, but more affordable rents and payment plans make them increasingly attractive suburban areas.
Dubai Silicon Oasis
From Dhs52,000 per year for a one bedroom apartment.
Dubai Sports City
From Dhs60,000 per year for a one bedroom apartment.
Dubai Motor City
From Dhs75,000 per year for a one bedroom apartment.