Look at Dubai’s famous areas rent

According to new statistics from Propetyfinder Group, Dubai Marina and Jumeirah Lake Towers are the areas gaining the most interest from property seekers seeking  apartments for rent, while Arabian Ranches and the Springs are the most sought after areas for potential villa buyers.

In a bid to understand consumer preferences, Propertfinder collected data on the top 10 areas getting the most leads from property seekers in the emirate.

According to Propertyfinder, total leaders are increased by 29 percent year-on-year, with interest expressed via SMS text having more than doubled in the last six months.

Most popular Dubai apartments for rent are as follows:
The statistics show that the most leads from those seeking apartments to rent were in Dubai Marina (14.26 percent of leads), Downtown Dubai (5.6 percent), Jumeirah Lake Towers (6.10 percent) and Business Bay (5.08 percent).

For those seeking apartments to buy, the most sought after areas were Downtown Dubai (8.07 percent), Dubai Marina (15.42 percent), Jumeirah Village Circle (9.58 percent), and Jumeirah Lake Towers (7.42 percent).

Most popular apartments  in Dubai for rent are:
For villas, the most sought after areas for those looking to rent property were The Springs (11.34 percent), Mirdif (9.66 percent), Arabian Ranches (9.98 percent) and Al Barsha (6.66 percent).

For those looking for to buy villas, the most looked at areas were Arabian Ranches (12.81 percent), Jumeirah Park (5.89 percent), The Springs (8.12 percent) and Reem (7.34 percent).

Most popular areas for Dubai apartments to buy:
Notably, Dubai Land apartments – the cheapest to rent in Dubai – saw a rapid increase in leads since November 2016, as the area moved into a record-breaking year for handovers.

Dubai’s most expensive area to rent, Downtown Dubai, held steady for leads in 2016 but saw year-on-year hikes of 47 percent and 39 percent in September and October, respectively.

 

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