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Rent in Dubai Based on Salary Ranges

Posted by umaproperties on December 4, 2023
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Finding Affordable and Ideal Rental Areas in Dubai Based on Your Salary

Are you new to Dubai and searching for your first home to rent? Or perhaps you’re considering a move or an upgrade? This guide is your resource for identifying the top rental locations in Dubai, catering to various lifestyle needs.

When choosing a rental home in Dubai, location is key. However, it’s equally important to have a clear understanding of your financial limits, as your budget plays a significant role in determining your living area.

This guide simplifies the process by outlining various communities and their average annual rental costs, aligned with different salary brackets in Dubai. This way, you can pinpoint the perfect area that suits your budget.

Included in the guide:

Key Factors Affecting Rentals in Dubai
How to Define Your Budget
Finding Properties Within Your Budget

Recommended Rental Areas in Dubai Based on Your Salary:

  1. For Salaries Below AED 10,000/month
  2. For Salaries Between AED 10,000 to AED 15,000/month
  3. For Salaries Between AED 15,000 to AED 20,000/month
  4. For Salaries Between AED 20,000 to AED 25,000/month
  5. For Salaries Above AED 25,000/month

Frequently Asked Questions

Key Elements Influencing Rental Costs in Dubai:

Type of Property: This includes options like studios, apartments, villas, or townhouses.

Size: The dimensions of the property.

Layout: The efficiency of the floor plan, as the same square footage can vary in value depending on the layout.

Quality: Factors like the age, finishing, and appliances of the property can impact its price.

Location: Prime locations, especially waterfront areas, tend to be pricier. Proximity to the city center and transport links also plays a role.

Views: Properties with premium views usually command higher rents.

Furnished Status: Furnished properties typically cost more than unfurnished ones.

Market Conditions: The overall real estate market influences pricing.

These aspects can vary based on individual preferences, highlighting the importance of prioritizing your needs to find a suitable property within your budget without compromising on essentials.

Understanding Your Budget:

It’s crucial to understand your budget before committing to a rental agreement, ensuring you’re not financially overstretched each month. Housing is often the biggest monthly expense, affecting your ability to meet other financial obligations. A good rule of thumb is to spend no more than 30% of your salary on housing. For instance, with a monthly salary of AED 20,000, aim for a housing budget of AED 6,000 or less per month, equating to AED 72,000 per year. However, individual financial situations vary, and factors like transportation and entertainment expenses can influence how much you can allocate to housing. Consider whether you’re living alone or with a family when deciding.

Search by Your Budget:

In Dubai, the array of rental options can be overwhelming. To simplify your search, base it on your budget. This approach streamlines the process, helping you avoid:

  • Unnecessary time and effort looking in the wrong areas.
  • Unexpected surprises about pricing after considering a property.

Top Areas to Rent in Dubai Based on Your Salary Range:

With a clear understanding of your housing budget, you can easily determine if a community is right for you. Remember, the perfect rental in Dubai depends on several factors, including your salary.

If you Earn Below AED 10,000/month 

According to Dubai salary ranges, this is the minimum income level; the below list includes the top areas for this range.

Area Average Rental (Annual) Type of Unit
International City AED 25,500 Studio
Al Warsan AED 27,500 Studio
Dubai South (Dubai World Central) AED 29,000 Studio
Dubai Land AED 30,000 Studio
Dubai Residence Complex AED 30,000 Studio
Deira AED 30,000 Studio
Dubai Production City (IMPZ) AED 31,000 Studio
Dubai Silicon Oasis AED 32,500 Studio
Bur Dubai AED 34,000 Studio
Townsquare AED 34,000 Studio
International City AED 34,500 One-bedroom apartment
Dubai Sports City AED 35,500 Studio

If you Earn from AED 10,000 to AED 15,000/month

In addition to the above communities, you can expand your search to the following list of the best areas to rent in Dubai for a salary of AED 10,000 up to AED 15,000 monthly.

Salary Range: AED 10,000 to  AED 12,500

Area Average Rental (Annual)
Discovery Gardens AED 36,500 Studio
DAMAC Hills AED 37,500 Studio
Al Qusais AED 37,500 1-bedroom apartment
Al Warsan AED 39,000 1-bedroom apartment
Arjan AED 39,500 Studio
Jumeirah Village Circle AED 40,500 Studio
Al Furjan AED 41,000 Studio
Al Nahda AED 41,500 1-bedroom apartment
Meydan AED 44,500 Studio

Salary Range: AED 12,500 to AED 15,000

Area Average Rental (Annual) Type of Unit
Dubai Silicon Oasis AED 46,000 1-bedroom apartment
Al Qusais AED 48,000 2-bedroom apartment
Dubai Sports City AED 50,500 1-bedroom apartment
Discovery Gardens AED 51,000 1-bedroom apartment
Al Nahda AED 53,500 2-bedroom apartment
Jumeirah Lake Towers (JLT) AED 54,000 Studio

 

If you Earn from AED 15,000 to AED 20,000/month

Salary Range: AED 15,000 to AED 17,500

Area Average Rental (Annual) Type of Unit
Al Barsha AED 59,000 1-bedroom apartment
DAMAC Hills AED 61,000 1-bedroom apartment
Ras Al Khor AED 60,000 2-bedroom apartment
Jumeirah Village Circle (JVC) AED 60,500 1-bedroom apartment
Al Jaddaf AED 63,000 1-bedroom apartment

 

Salary Range: AED 17,500 to AED 20,000

Area Average Rental (Annual) Type of Unit
Business Bay AED 65,000 Studio
Barsha Heights (Tecom) AED 66,500 1-bedroom apartment
Karama AED 69,000 2-bedroom apartment
Meydan AED 71,500 1-bedroom apartment
Dubai Marina AED 72,000 Studio

 

If you Earn from AED 20,000 to AED 25,000/month 

In addition to the above communities, you can expand your search to the following.

Salary Range: AED 20,000 to AED 22,500

Area Average Rental (Annual) Type of Unit
Discovery Gardens AED 72,500 2-bedroom apartment
Bur Dubai AED 77,500 2-bedroom apartment
Al Jaddaf AED 78,000 2-bedroom apartment
Arjan AED 78,500 2-bedroom apartment
Greens AED 79,500 1-bedroom apartment

 

Salary Range: AED 22,500 to AED 25,000

Area Average Rental (Annual) Type of Unit
Al Barsha AED 81,500 2-bedroom apartment
Ras Al Khor AED 81,500 3-bedroom apartment
Jumeirah Lake Towers (JLT) AED 82,000 1-bedroom apartment
Al Fujran AED 82,000 2-bedroom apartment
Damac Hills 2 AED 83,000 3-bedroom townhouse/villa
Downtown Dubai AED 84,500 Studio
Jumeirah Village Circle (JVC) AED 87,000 2-bedroom apartment
Sheikh Zayed Road AED 88,000 1-bedroom apartment

 

If you Earn Above AED 25,000/month

In case your income is above AED 25,000, you have the ability to rent in most, if not all, areas within Dubai. Many luxury properties in the following communities are well within your reach. 

  • Palm Jumeirah
  • Mohammed Bin Rashid City
  • Dubai Creek Harbour (The Lagoons)
  • Jumeirah Beach Residence
  • Dubai Hills Estate
  • Tilal Al Ghaf
  • Al Kifaf
  • Dubai Harbour
  • Jumeirah Park
  • The Springs
  • Jumeirah
  • DIFC (Dubai International Financial Centre)
  • Bluewaters
  • Arabian Ranches.
  • Moreover, you should also know that there are extra costs while renting in Dubai in addition to the leasing amount. These expenses are like EjariDEWA, agency fees, and more. 
  • It’s important to consider those dues when making your decision, as they will surely have an effect on your budget. 
  • When renting in Dubai, there is no shortage of housing options from the community, to property type, to configuration; there is something to appeal to every taste and budget.
  • Besides, a thorough understanding of costs will leave you well-placed to commence your property search to find the perfect unit aligned with your lifestyle preferences. 
  • FAQ

  • How Much of Your Salary Should Be Spent on Rent in Dubai?

  • You should spend 30% of your salary on renting in Dubai. Allocating this amount for housing will help you not to overload your budget with an unsuitable rental range and plan your expenses ahead.  

 

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