12 cheapest places to rent a flat in Dubai revealed
Dubai: Finding an apartment to rent in a city known for high cost of living isn’t an easy task. This is especially true if the monthly income is very tight.
But the good news is that rents are still on a decline and the budget-conscious who knows where to look for great deals and how to negotiate, can always find diamonds in the rough.
According to property experts, now is “the best time ever” to be a tenant in the UAE, as more landlords are looking to fill their flats as soon as possible, and they’re attracting tenants with not only lower prices, but rent-free periods, multiple cheque payments and other incentives as well.
“Landlords have never been so flexible with prices, rent-free periods, payment terms and other incentives to attract tenants,” said analysts at Property Finder Group. In fact, they said,asking prices have dropped by more than 15 per cent in the last 12 months alone.
Jason, an expatriate looking to find a new apartment, said one landlord has recently offered to lease out a space for an attractive price inclusive of all the utility bills, plus one month rent-free. Yet, he’s still keen on negotiating for a much lower rate. And he might just likely get a better deal.