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Find the latest rental rates on the Abu Dhabi property market
Abu Dhabi is the capital city of UAE and its main source of income comes from oil exports. Its oil economy is one of the primary reason for most expats moving to the UAE to settle in Abu Dhabi. As a prime economic hub and an industrial zone, the city offers an ample number of job opportunities. The growth of the expat community every year has led to a surge in rental properties.
If you are looking for investment properties in UAE, you should look to invest in Abu Dhabi as it offers the best return on Rental yields. Investors benefit from the increase in the number of expats moving to Abu Dhabi and this has made Abu Dhabi a demand-driven market.
If you are looking to find different types of properties in Abu Dhabi, it’s worth noting that this is often influenced by the size of your family, living requirements and your budget.
Properties in Abu Dhabi can be categorized into furnished and unfurnished properties. If you are an expat and need to move into a rental property quickly, a furnished property might be the best option. The rent could be slightly expensive when compared to an unfurnished property. However, the initial cost of investment is less as you do not have to worry about buying Tables, Chairs, Beds etc.
There are several different types of properties such as apartments or condos, villas, townhouses, and individual houses. Apartments may be single storey homes or duplexes and they often come with a maintenance fee along with the rent. Villas, which are more expensive than apartments are considered luxurious but they offer privacy which condos and apartments that have shared walls and common spaces do not offer.
Townhouses are an affordable option for small families as they offer more space when compared to a condo or an apartment. However, townhouses will offer lesser space as compared to villas. The floor plans of studio apartments are designed especially for single people, who want an affordable place to live in the central business district (CBD).
While renting a place in Abu Dhabi and to regulate tenancy contracts with the same efficiency as the Ejari system in Dubai, Tawtheeq was introduced in Abu Dhabi in 2012 and the registration of the tenancy contract is a safeguard for the tenant.
If you fancy living amongst skyscrapers, Abu Dhabi (CBD) central business district is the best location for you. It is also the most expensive neighborhood as you will have to pay very high rentals. However, it's worth the money as it houses the best hangout spots in the city.
If you want to live among the status-conscious expats, Saadiyat Island is the best location. With premium club memberships and pet-friendly zones, it’s often considered as the place to live among the billionaires.
If affordability is your prime objective, Al Ghadeer and Grand Mosque District are excellent choices. Mohammed Bin Zayed City has low rental prices, but it is a less popular neighborhood among the expats. Its proximity to Mussafah makes it an ideal spot for new migrants. Mussafah is an industrial hub and will be the best choice if you want to live closer to your place of work. There are plenty of cheap accommodation options including dorms etc.
Locations that are closer to the airport, Al Reef and Al Muneera and Khalifa are populated with large numbers of expats as these areas are known for their affordable rental properties.
Khalidiya, Al Raha, Al Maryah Island, Al Reem Island and Al Karamah are the other popular neighborhoods to live in Abu Dhabi.
The city is equally convenient to reside in as a tenant or as a homeowner. Several suburbs have expanded due to the surge of the expat population in recent years. If you choose to rent in a developing suburb, you might miss out on a few amenities such as quality gyms and restaurants. However, the very efficient local transport system in Abu Dhabi would help you circumvent the disappointment.
Rental prices have been falling in the outer suburbs of Abu Dhabi. if you search intensively, it is easy to find a good house for a good rental price in a developing suburb. The standard of living varies based on the suburb. Expensive suburbs like Abu Dhabi CBD offer excellent facilities while developing suburbs like Mussafah offer a low standard of living. This makes the city a mix of higher end and lower end lifestyles. No matter what the budget is and no matter what the cultural preferences are, in Abu Dhabi, there is something for everyone, from cruise holidays to sightseeing, there are plenty of reasons to enjoy this city.
1. The law is very particular regarding tenant protection in Abu Dhabi and it is there to protect tenants from illegal evictions that some landlords carry out. Landlords have to offer a grace period to the tenant to clear any outstanding rent before evicting them from their residence. These kinds of laws enacted in 2012 protect the tenants and have given them more rights which in turn has made the city a safer place to rent a property.
2. A fall in rental prices is good news if you are looking to rent a property in Abu Dhabi. The fall is due to the overestimation of the number of expats that would move to this city and the supply of newer properties has outgrown the number of expats that want to live in the city.
3. Abu Dhabi is a city that perfectly blends modern living with cultural elements. If you wish to live in a modern city with a rich cultural diversity, you will fall in love with this city.
4. Abu Dhabi is known to be a family-friendly city as it offers safe living conditions to expats and also offers world class Hospitals and medical facilities.
Yes, foreigners can indeed rent property in Abu Dhabi. The Emirate's government has taken various measures to encourage foreign residents to invest and settle in the region, and this includes providing them with ample opportunities to rent residential and commercial properties.
To rent a property in Abu Dhabi, foreign individuals, as well as corporate entities, are required to obtain a valid residence or business visa. Once the visa is obtained, a tenant can then proceed to search for suitable properties based on their requirements, budget, and preferences. The rental market in Abu Dhabi is diverse, featuring an array of properties, including apartments, villas, townhouses, and commercial spaces, catering to various tastes and budgets.
The process of renting a property in Abu Dhabi typically involves the following steps:
1. Property search: Potential tenants can commence their search for properties through reliable real estate agencies, property portals, or by directly contacting landlords advertising their properties.
2. Property viewing: After shortlisting suitable properties, prospective tenants can arrange property viewings with the assistance of real estate agents or landlords.
3. Agreement negotiation: Upon selecting the desired property, tenants can negotiate the terms and conditions of the rental agreement, such as rent, payment frequency, maintenance responsibilities, and the length of the lease.
4. Contract signing: Once the rental terms are agreed upon, a tenancy contract will be drafted and signed by both the tenant and the landlord.
5. Registering the contract: It is mandatory to register the tenancy contract with the Abu Dhabi Municipality through the Tawtheeq system, which provides a legal framework for the tenancy, safeguarding both parties' rights.
6. Obtaining Ejari: After registering the contract, the tenant must acquire an Ejari number, serving as a record of the tenancy agreement in the government's database.
7. Utility connection: Lastly, the tenant must arrange for the connection of utilities, such as water and electricity, by contacting the relevant service providers in the Emirate.
In the vibrant city of Abu Dhabi, ex-pats have found an exciting mix of comfort, culture, and luxury in various neighborhoods around town. With their irresistible combination of world-class amenities, reasonable costs of living, and an inviting atmosphere, these areas have become particularly popular among ex-pat residents. Here are some of the top neighborhoods for ex-pats in Abu Dhabi:
1. Al Reem Island: A prestigious waterfront community, Al Reem Island offers stunning views of the city and the Arabian Gulf. It's a popular choice for ex-pats due to its modern apartments, fantastic facilities, and easy connectivity to the city center. With shopping malls, parks, and international schools nearby, Al Reem Island caters to the needs of the entire family.
2. Saadiyat Island: Well-known for its luxury developments and a plethora of cultural attractions, Saadiyat Island is an attractive destination for ex-pats seeking a mix of entertainment, leisure, and relaxation. With some of the city's most upscale residential properties, residents can enjoy beachfront living and upscale facilities, including world-class golf courses and museums.
3. Khalifa City: Offering spacious villas and compound living options, Khalifa City has become a sought-after neighborhood for ex-pats seeking quiet and family-oriented surroundings. With a vast range of amenities such as schools, medical centers, and supermarkets, the area's suburban feel has attracted many international residents looking for a peaceful retreat from the bustling city life.
4. Al Khalidiyah: Located in the heart of Abu Dhabi, Al Khalidiyah is a thriving neighborhood with a mix of traditional and modern housing options. Its central location allows ex-pats to immerse themselves in local culture while enjoying easy access to major shopping centers, restaurants, and cafes.
5. Al Raha Beach: A haven for beach lovers, Al Raha Beach boasts luxurious waterfront properties and a diverse range of leisure facilities. This area's location along the coastline offers stunning views and an active
Searching for the perfect rental property in Abu Dhabi can be quite an exciting journey, and knowing the best time to start your search can make all the difference. In general, the ideal time to look for a new home in this bustling city is during the summer months, typically from May to August.
There are a few reasons why summer is considered the sweet spot for finding your next rental in Abu Dhabi. Firstly, the weather plays a significant role as many expats tend to leave for vacation during the hotter months, creating an influx of available properties. This means you'll likely have a wider selection to choose from, increasing your chances of finding that perfect place.
Secondly, the rental market tends to be more competitive during this period as a result of the higher number of available properties. This competition can potentially lead to more flexible rental terms and, in some cases, even lower prices. So, if you're looking to score a great deal, the summer months might just be your prime time.
However, it's essential to remember that the real estate market can vary from year to year, and specific situations may affect the rental environment. For example, changes in government regulations or market volatility can impact the best time to search for a rental property. So, it's always a good idea to keep an eye on the market trends and stay informed.
In conclusion, the summer months generally offer the best opportunities for finding a rental property in Abu Dhabi, thanks to a larger selection and potentially more attractive deals. However, it's important to stay flexible and monitor the market for any changes that may affect your search. And of course, don't forget to enjoy the process of finding your new home in the beautiful city of Abu Dhabi! Happy house hunting!
Monthly rent in Abu Dhabi varies greatly depending on factors such as location, property type, size, and amenities available. As a potential tenant, it's important to consider these elements when searching for the perfect rental property that suits your needs and budget.
In general, you can expect to find a wide range of rental options in Abu Dhabi. For instance, studio apartments may start from AED 22,000 per year, translating to approximately AED 1,833 per month. One-bedroom apartments can range between AED 35,000 to AED 75,000 per year, which is approximately AED 2,917 to AED 6,250 per month. For larger families or those seeking more spacious accommodations, two and three-bedroom apartments can cost anywhere from AED 55,000 to AED 140,000 or more per year, translating to roughly AED 4,583 to AED 11,667 per month.
It is crucial to note that rental prices tend to be higher in popular and upscale neighborhoods, luxury buildings, or properties with waterfront views. These upscale areas may offer a host of additional amenities such as gyms, pools, and 24-hour security services. On the other hand, more affordable options can be found in the city's outskirts and suburban areas, where you may enjoy a balance of comfort and affordability.
In addition to the base rental amount, don't forget to factor in additional costs such as utility bills, internet, and maintenance fees, as these will also impact your overall monthly expenses.
In conclusion, monthly rent in Abu Dhabi can span a wide spectrum, so it's essential to carefully analyze your requirements and budget before making a decision. By browsing through our real estate listings, you can gain valuable insight into the diverse rental properties available and find the perfect match for your needs. Our friendly and knowledgeable team at the real estate agency is always available to answer any further queries and guide you through every step of the rental process.