As Dubai properties continue to become affordable for many, we see a gradual shift in the renting preferences of people. Finding rents of many localities within their means, people are now shifting their attention from affordable suburban localities to those located near city centre. So if you are a tenant, or a property investor looking to benefit from Dubai’s in-demand areas, here are Dubai’s popular renting localities during September 2016.
Apartments
Apartments are known to be the most favourite residential unit category of Dubai residents. Per search hits targeting individual localities in September 2016, Dubai Marina emerged as the top locality for renting apartments, taking home 12% of the total searches attributed to rental apartments in Dubai.
Dubai Marina was followed by its neighbour Jumeirah Lakes Towers (JLT), which secured 7% of search hits. JLT is located just across Sheikh Zayed Road and offers comparatively affordable residential units. Also with 7% search hits, Bur Dubai landed on the third spot while Downtown Dubai, the masterpiece by Emaar Properties, secured the fourth spot with 5% search hits.
The fifth most popular locality in Dubai during September 2016 was Business Bay, which accounted for 5% of total search hits.
Villas
During September 2016, villas received a positive feedback from Dubai families and holiday makers and Dubailand was observed to be the most popular area for renting the said residential category. The locality received 9% of the total search hits. Jumeirah followed Dubailand and secured the second spot on the list with 8% search hits.
Al Barsha and Arabian Ranches followed Jumeirah, each securing 7% search hits and landing the third and fourth spots, respectively. With 6% search hits, Mirdif secured the fifth spot for renting villas in September 2016.
Offices
Among offices for rent in Dubai, Business Bay received the most queries with a 15% share of searches. The second spot went to JLT that received 14% of the search hits. It was followed by Al Quoz, which received 6% of queries related to office spaces available for rent. Al Quoz was followed by Sheikh Zayed Road and Dubai Marina, each of which secured 5% of all searches dedicated to rental office spaces.