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Most affordable rental options near Dubai Metro stations

16.07.2017
Most affordable rental options near Dubai Metro stations

Read, where apartments in Dubai are the cheapest to rent out for those who don’t drive.

Dubai is a Middle East luxury capital, thus driving here is considered to be something absolutely natural. The main emirate’s rout Shaikh Zayed Road doesn’t even have a single traffic light, and pedestrians are definitely not the most privileged social group here. But the situation began to change recently. City authorities are concerned about making the streets greener and pedestrian-friendly areas bigger and more convenient, which also includes further development of the public transport system, putting the Metro on the first place, of course.

So, where to search an apartment to rent, if you don’t use a car and want get to any part of the city as fast as possible? It’s the Dubai Metro Green Line you should pay special attention to, Dubai Metro Authorities claim.

The longest time spent waiting for a metro train in Dubai is no more than 3.2 minutes. For comparison: in New York, you can wait up to 14 minutes for a train to arrive.

As in any other big city with a Metro system, the farther along the metro line from the center the apartment is located, the cheaper it is to rent, with the most affordable options found along the Green Line. You can rent a one-bedroom apartment for as low as AED 52,000 per annum near Al Nahda and Stadium Dubai Metro stations.

The next point on the Dubai Metro rental affordability map is an area near the First Gulf Bank station: here, 2-beds are offered for an average of AED 54,000 per annum. Besides, this neighborhood has another advantage — it is located right next to Shaikh Zayed Road, in case you’d prefer sometimes to take a car drive.

Affordable small-sized apartments for rent are surely worth searching for near ​​Al Qusais and Dubai Airport Free Zone stations: one beds here are leased out from AED 56,000 to AED56,500 pa.

And the most expensive rental apartments options in Dubai are found close to Al Jadaf and Etisalat Metro stations, as well as in the area of Dubai Healthcare City and World Trade Center. Here, average rentals stand for AED 120,000 - AED 130,000 pa.

Apartments located closer to the center of Dubai, next to major attractions, business and shopping centers along Dubai Metro lines naturally cost more to rent. These are the units located near Business Bay, Damac (formerly Dubai Marina), Emirates TowersFinancial Center and, of course, Burj Khalifa stations. Apartments leased out for an average of AED 89,000 to AED115,000 can hardly be called affordable housing, but accommodation in the center of Dubai has a variety of advantages though.

Latest Availability
RENT
125,000 / year
Ref.No: OF1209
Office
1,655 ft2
76 AED/ft2
SALE
6,800,000
Ref.No: AP1113
3BR Apt
3,003 ft2
2,264 AED/ft2
SALE
8,200,000
Ref.No: AP972
3BR Apt
3,750 ft2
2,187 AED/ft2
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Lease process (Rent out)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.
Real estate search.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration
Additional services:

Property management

Sales Process
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

None

the management process
Contract of the owner and agency

1 hour

Contract of the owner and agency
Rendering of management services

1 year

Rendering of management services
Reporting

1 day

Reporting
Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Selection of optimal investment options

From 3 days

Selection of optimal investment options
Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration
Additional services:

Property management