Dubai, the most populated city in the United Arab Emirates (UAE) began life as a small fishing village prior to growing rapidly in the early 21st century. The capital of the Emirate of Dubai is now a centre for tourism and hospitality.
People from overseas gather for fun in the sun on the coast of the Persian Gulf while others relocate on business or to work. The wealth gathered from the oil trade has led to Dubai having one of the world’s fastest growing economies with evidence to show for all to see.
Real estate projects have seen some of the world’s tallest skyscrapers go up along with Burj Khalifa, the tallest building on earth. Termed the shopping capital of the Middle East, there is also history sitting side by side with some of the most opulent and futuristic tourist attractions. It is a great city to reside in, so perhaps you might consider looking at houses for rent in Dubai.
The benefits of renting a property are wide ranging, so let’s look at a few.
- There is a great deal of choice of size and style available within your price range when renting compared to outlying to own a property. Rented housing is likely to be fitted with up to the minute services, security, and amenities.
- Hefty fees are required to purchase a property in Dubai, which is avoided by going for a rented home.
- Dubai is ever developing and modernizing with new facilities and infrastructure, allowing you to follow the progress and move to an improved location should you wish to be nearer work or transport hubs allowing you extra free quality time.
- Once you have registered your rental agreement with Ejari, the Dubai Land Department, you will receive full residential rights as a tenant.
- The thriving handsomely paid market for business and job opportunities sees ex-pats move to Dubai on contracts, seeing out their work and then returning to their homelands. Renting is far more convenient than the rigmarole of buying and then having to sell.
- The multi-cultural nature of Dubai may mean that you move to an area that isn’t ideally suited to your preferences. Paying rent allows you the flexibility to move elsewhere.
Most ex-pats prefer renting housing in Dubai for these reasons. As not many remain in the city for much longer than five years, so they save themselves, time and money while having the comfort of flexibility by renting.