Hey, are you struggling to pay the rent? How much of your salary should you spend on rent?
Individuals often spend as much as 40%-50% of their monthly income on accommodation. Despite lower rental yields, the cost of accommodation continues to remain high. With so many properties available at different rates, what is the ideal amount that a tenant should spend as rent? We suggest a few guidelines; to ensure that you can manage your rental outgo easily based on your salary package. The answer to this depends on one's salary:
Income - AED 5k to AED 8k
Income - AED 8k to AED 12k
Income - AED 12k to AED 18k
Income - AED 18k to AED 25k
Income - AED 25k above
Areas to rent in Dubai based on Income - AED 5k to AED 8k
Taking 40 percent of your income (8000 AED per month) - the places you will be able to rent a place to live in will be in these popular areas in Dubai:
Dubai Silicon Oasis
Jumeirah Village Circle (JVC)
The average rental budget will likely be between AED 24k to AED 38k. Factors such as surrounding traffic and public transportation options are also important to consider when renting in the U.A.E. As per the current updates on bayut, JVC offers affordable apartments and studio flats for rent for AED 18k based on your package and that are twenty minutes away from Dubai Media City and Dubai Internet City. In addition to that, you can find the right properties in Al Nahda and DSO, which provides studio flats starting from AED 15k and AED 18k.
A one bedroom apartment makes sense for you; rent price is less of a concern. You can find plenty of options for one bedroom flats in Al Nahda, which is located near the Dubai-Sharjah border. Al Nahda offers one bedroom apartments starting from AED 24k, and even two bedroom apartments from AED 33k.
Ready to find the perfectly-located studio or one bedroom apartment?
Locations to rent in Dubai based on Income - AED 8k to AED 12k
Bur Dubai is the most popular area for buying apartments in the UAE for those who earns a salary between AED 8k to AED 12k, while Jumeirah Village Circle and Al Nahda still remain the most popular options. For single professionals, opt for the larger and more upscale studio and one bedroom apartments in JVC. For those looking for more space, it is possible to opt two bedroom apartments for rent in JVC and Al Nahda with a starting price of AED 40k.
As per listings on Bayut, the three bed apartments for rent in Nahda start from AED 50k. You can also choose modern apartments in Bur Dubai for rent, including studios, 1-2 bedroom units within your rental budget. Next, the most popular area is Discovery Gardens for apartment rentals with average rents.
Areas to rent in Dubai based on Income - AED 12k to AED 18k
If you earn between AED 12k to AED 18k per month, you may go for Villas.
The best areas to rent apartments and villas for those who earn a salary between AED 12k to AED 18k :
Jumeirah Village Circle
The one bedroom flats in Dubai Marina start from AED 35k while 2-bedroom apartments for rent in Dubai Marina start from AED 50k. You may also consider the spacious furnished, three bedroom rental apartments in JVC, which start from AED 62k with modern amenities. Similarly, Bur Dubai also offers 2- 3 bedroom apartments with awesome features..
Looking to rent villa in Dubai?
The best areas to rent apartments and villas for those who earn a salary between AED 12k to AED 18k:
Mirdif is the best place to rent in Dubai for villas with the starting rental price of AED 50k. You may also consider these affordable villas in The Springs, Dubai with a starting price of AED 68k with so many recreational facilities. .
Some of the cheapest rentals in Dubai for villas at AKOYA. For those who are earning a salary of AED 12k to AED 18k.
Areas to rent in Dubai based on Income - AED 18k to AED 25k
When you can afford more than AED 100k, you can rent in some of the luxury areas in Dubai!
Dubai Marina, Downtown Dubai and Palm Jumeirah are the most luxurious in Dubai to live in Dubai.
One bedroom flats available in Downtown Dubai, which start from AED 43k for single professionals. The three bedroom apartments are for young families which are spacious with class amenities at starting price of AED 95k.
Palm Jumeirah is the best location for those looking to live at the beachfront. You can choose the best luxury apartments, studios to three bedroom flats available for those who earn upto AED 25K.
Villas For Rent
Gated villa communities - Mirdif & The Springs.
As per current listings on Bayut, You may consider the five bedroom villas for rent in Mirdif, which starts from AED 80k.
The three bedroom homes are also available for this package in The Springs for rent. Arabian Ranches is another best community available at AED 18k to AED 25k with 2-3 bedroom villas
Areas to rent in Dubai based on Income - AED 25k & above
Pick your stylish apartments, lofts and duplexes in Dubai!
You can choose the best apartments in City's most desirable neighbourhoods:
Downtown Dubai, Dubai Marina and Palm Jumeirah
Popular high-end apartments at Jumeirah and Business Bay perched along private beach fronts at the price *AED 120k for annual rent.
Choose your heaven and immerse yourself in the luxury villas for rent in Dubai! The centrally-located districts with excellent features and amenities for rent above *AED 25k :
The villas for rent in Jumeirah or Umm Suqeim are the best choice with lush open spaces to invite beachfront retreats. For residential neighbourhoods, you can opt for the villas for rent in Al Barsha .