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Easy/Hard areas to rent

Discussion in 'Dubai property' started by Wannaberich, May 23, 2008.

  1. Wannaberich

    Wannaberich New Member

    What is everyones opinion of how easy/hard certain areas of Dubai will be to find tenants.My opinion on some of them is:

    1/Marina/JBR - great location.Good for residents and holiday lets.
    2/IMPZ and DSO - high portion of commercial property means many workers so
    should be easy to rent.
    3/Jum Village - High portion of residential units so could be hard to rent.
    4/Arabian Ranches-best residential area of Dubai so easy to rent.
    5/Int City-Cheap accomodation so easy to rent although a little out of the way.
    6/Discovery Gardens-good location although alot of units so alot of competition.May be easier when airport is open.
    7/City of Arabia-high portion of residential units so could be hard to rent.
     
  2. Sixgun

    Sixgun New Member

    Sports City should be easy (hopefully) Loads of shopping malls, offices , administrators etc.
    What/where is DSO ?
     
  3. sval

    sval New Member

    In my opinion,
    JLT, Marina should be the easiest to rent out.
    Followed by Intl City (at the lower end), DSO, Impz etc
    At present, Business Bay residentials are unknown
    DSC - depends on the academies becoming successful
     
  4. memo123

    memo123 Member

    what about sports city?

    is it hard or difficult to rent , also far and out of the way ?
    and what about this new project by nakheel ? are the apartments or villas easier to rent?
    regards
     
  5. memo123

    memo123 Member

    where is dicovery gardens?

    seriously i dont know where it is ?
     
  6. georgihh

    georgihh New Member

    Everything depends on the price.
    The cheaper units will be easier to rent out in the near future.
    Annual rent will be between 6-8% (net) of the current property price.
    As more and more units are being delivered expect very hard to rent out your units in the
    Above percentage.
    At the moment the rents in Dubai are at their peek.
    Unless the local banks don’t drop the lending interest rates, expect some of the properties to loose value by the end of the year
     
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