Is rent high in Dubai?

The average rent in the UAE has dipped by 30\% in recent years, but expats can still expect to spend nearly half of their salary on rent alone. Many UAE companies offer housing to their employees, but some offer only an allowance. When looking at housing costs, keep in mind that Dubai is the most expensive city.

What does Studio mean in renting?

What is a Studio Apartment? In a studio, the other living areas—kitchen, living room, and bedroom—are typically combined into one larger space. A studio apartment is an excellent choice for someone who lives alone, is looking to save money on rent, and appreciates an open, airy living space.

Is a studio apartment cheaper?

It’s almost always cheaper to rent a studio apartment than it is to rent a 1-bedroom apartment. Studios rents usually run several hundred dollars cheaper than 1-bedrooms, depending on square footage and luxury in question. However, the increased size of the 1-bedroom may be worth the added expense.

How much does it cost to rent a studio in Dubai?

Studios for rent in these areas usually start at AED 18,000 and can cap off at AED 31,000. On the contrary, areas such as Sheikh Zayed Road, Downtown, and Dubai Marina are less price friendly. Studios for rent in these areas usually start at AED 35,000 and can touch a whopping AED 130,000.

Why rent a studio in Dubai Marina?

All in all, renting a studio in Dubai Marina is the epitome of a dream lifestyle. Sheikh Zayed Road: Sheikh Zayed Road is one of the oldest landmarks of the city. It is a massive highway that cuts through the entirety of Dubai. In fact, the area is buzzing with restaurants, offices, and hotels.

Why invest in Dubai real estate?

Dubai is the global business hub of the Middle East. Millions of young expats flock to the city in search of big opportunities and better lifestyles. This makes the city’s real estate sector ripe for the picking.

Why are studio rentals so expensive?

A studio that is equipped with more luxurious furniture is priced higher than one with basic furniture. Similarly, a studio with a sea view is more expensive than one with a basic view. Also, studios with a better swimming pool, gym, and easy access to metros are pricier than those without amenities.