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In recent years, foreign investors have either been interested in investing in Abu Dhabi property or renting out a property for their vacations. As the capital of the UAE, Abu Dhabi offers a wide range of projects at ideal locations, which makes it a popular investment destination.
These investments have provided billions of dollars to the UAE government in just a few years. However, the expectation of luxurious and lavish properties has increased rapidly. The properties here offer higher ROI, easier tax laws, and exotic stays.
You can rent property in Abu Dhabi anywhere, and once you know the guidelines of renting and your rights as tenants, finding the perfect rental property will become easy for you. Even expats can rent any apartment, villa, penthouse, or other property after assuring its authenticity and legality to the property owner.
Take a glimpse at the graph below to see the property trends in Abu Dhabi.
You can rent commercial property in Abu Dhabi or rent residential property in Abu Dhabi at your convenience at some top-notch localities in the city. The lovely properties are developed by some of the best builders in the state, which ensures lavish and luxurious houses at an affordable rent price for the owners. Here are some popular properties for renting in Abu Dhabi:
The well-known type of property to rent in Abu Dhabi is apartments. These apartments for rent in Abu Dhabi are available in different configurations, like a studio, 2 to 3 bedrooms, and more. These apartments involve duplexes, lofts, studios, penthouses, etc.
The best property to rent in Abu Dhabi are villas. Most large families favour such big properties. These villas have up to 7 or more bedrooms with every amenity and key facilities. The villas for rent in Abu Dhabi are found in different forms, like attached, semi-attached, or semi-detached.
Townhouses are some of the most preferred residential properties for rent in Abu Dhabi. These Townhouses for rent in Abu Dhabi, start at 250,000 AED per year. Therefore, you can select from different townhouse types, and the sizes range from 3 bedrooms to 6 bedrooms.
You can check the below-mentioned popular areas to rent a property in Abu Dhabi. Also, as a tenant, you can choose to pay rent either annually, quarterly, or monthly.
You can choose to live in the most luxurious and lavish areas like Al Reem Island, Al Muroor, and Mussafah. The rent varies here between AED 38k to AED 58k annually. This is the general rent of apartments present in these posh localities of Abu Dhabi.
The other two popular areas where you can easily find studio apartments for rent are Al Khalidiyah and Hamdan Street. Here, the affordable prices for studio apartments start at AED 24k yearly. On Hamdan Street, you can find several apartments with variable rental prices to choose from. You can select the most suitable or that which falls into your budget.
However, you can also find spacious units with a starting rent of AED 40k on Al Reem Island, AED 32k on Hamdan street, and AED 38k in Al Khalidiyah.
If you are earning AED 18k to AED 25k on a monthly basis, then you can choose from several upscale neighbourhoods in Abu Dhabi city. The rent for such an upscale area starts from AED 86k to AED 120k. When it comes to apartments and villas as residential property for rent in Abu Dhabi your starting affordable range must start from AED 25K to AED 230K or more.
Due to the growing demand for residential property for rent in Abu Dhabi by expats, the rent price trends have varied a lot in the last few years. The tenancy law that governs the rights of tenants came out as Law No. 20 of 2006 and has seen several amendments that will benefit both the tenants and the owners. Checking some laws and the background of the house before buying is a great idea to find the best deal on a rental house in Abu Dhabi. You can compare the rental price trends with several variations in Q1 of 2022.
Abu Dhabi offers several areas where you can rent a property. You can also drive and get familiar with several popular areas and search for the best villa or best gated communities in Abu dhabi for yourself. You can even check for it online. However, the price will vary from location to location. You can also pick up modern areas like Reema Island, Marina Square, and more. These areas offer luxurious, lavish, and better living standards.
However, societies that you can consider before moving and acquiring the best property to rent in Abu Dhabi are Al Raha Beach, Al Nahyan Camp, Mohamed Bin Zayed City Villas, and Mohamed Bin Zayed Centre. You can see the trend below to know the best property to rent in Abu Dhabi.
There are numerous options for you to find the best property for rent in Abu Dhabi. To select the most influential and preferred rental neighbourhoods in Abu Dhabi, you must be aware of the amenities and facilities offered near them. In fact, several expats are investing in new projects in Abu Dhabi in search of better opportunities and to make their lives better in the Abu Dhabi property market has increased busily.
Some of the best properties for rent in Abu Dhabi can be found in areas like Al Salam Street, Yas Island, Tourist Club Area, Corniche Area, Saadiyat Island, Al Reem Island, Al Maryah Island, Khalifa City, and Al Khalidiyah. To know more about the popular and preferred rental neighbourhoods in Abu Dhabi, check out the graph below.
There are several residential properties for rent in Abu Dhabi in popular areas of the city. One can easily find both furnished and semi-furnished in these popular areas of Abu Dhabi. The only difference between furnished and semi-furnished properties is that a furnished property provides you with all the amenities and key facilities. However, the semi-furnished property only provides you with limited facilities.
Some of the popular furnished properties for rent in Abu Dhabi have prices starting from AED 25,000 and onwards. However, you can find some semi-furnished residential properties for rent in Abu Dhabi that have a starting price of AED 26,000.
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A 99-year lease in Abu Dhabi permits ex-pats to own property (excluding land) for up to 99 years. Under this…...