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After world economy crisis, Dubai real estate price has dropped to reasonable level.  People may asking now whether is it good to invest in Dubai properties there? If yes, how much should one initially invest and what would be the returns?

I would said that the time is just right. There are many apartments for sale  in Dubai currently.  Prices are inexpensive by comparison to other similar trading hubs around the world such as in Deira Dubai, Burj Dubai and Palm Dubai are up by more than 20% in the past two years. There is scope for a substantial further rise, and certain properties have doubled in value already.

Dubai has a constant inflow of foreign nationals who land up in the city as expatriates or as shopping enthusiasts in the look out for some good bargain from Dubai’s tax-free shopping joints.

For any one of the two reasons above, it is becoming increasingly difficult for individuals to find property for rent in Dubai. At times the cost of accommodation can be so high that you may end up spending more than half of your earning as rental for the house that you stay in. This holds equally true for businesses that need property for rent in Dubai to set up offices and workspaces. Thankfully, the Dubai administration has tried to regulate the rents by passing a legislation that stipulates that no rent increase can exceed 5 percent of the annual lease amount of a property.

Things to be kept in mind before giving in to an option of property for rent in Dubai

• Typically, for a lease agreement you will need a residence visa or documents stating that you are in the process of getting such a visa.
• The agreement includes refundable security deposit and other components such as monthly utilities and charges for the local bodies such as municipality.
• In Dubai, it is a common practice to pay the annual rent through 2 or 3 checks as opposed to the monthly payments in other countries. The payment can be done through post-dated checks as well.
• Unless for some conspicuous reasons, the lease agreement is deemed to be renewal and landlord has to give some very strong reasons to terminate it otherwise.

While looking for property for rent or apartments for sale in Dubai, it is equally important to pay considerable attention to the location as well. New and Old Dubai standing on the either side of Creek Deira provides some excellent location for setting up your home. Places like Deira Dubai, Garhoud, Mirdiff, Bur Dubai and Downtown Deira provide attractive living spaces that stand at close proximity to all the major amenities of the city.

For home, choose a property that is close to a good school for your kids as well as is near to your office and workspace as commuting to large distances can eat up a great amount of time. Those who are frequent flyers should try getting a place close to the Dubai International Airport.

The article is contributed by a professional content writer, having experiences of working in different industries. For further information on property for rent Dubai and Rent property Dubai to improve your sales, please visit us at http://www.dubaipropertysearch.net/

Article Source:http://www.articlesbase.com/real-estate-articles/renting-property-in-dubai-an-insight-into-the-essentials-986318.html

If I buy in Dubai property and I can not have anybody with me in my home, it is not logic and stupid, that my girl friend can not live with me in my own Dubai property, WOWW!!!??? So, some body said, that freehold areas of Dubai is not under restrictions, like Deira dubai or Bur Dubai. Any way any info welcome!!! I am french and still in france before jumoing to Dubai.

I will then consider of renting apartment in Dubai, or looking for apartments for sale in Dubai. Prior to that, cozy accommodation Dubai apartment is my choice.

We are shifting to Dubai in a month’s time for my spouse’s job. We are looking for 1BHK apartment in Deira Dubai area near to office. Pls let us know agents who could get us nice furnished apartments in that area.

Some apartments in Dubai that we search online are quite expensive. We only need a decent aparment in Dubai which able to accomodate both of us in during the time we are in Dubai.

Below is the apartment recommend by my fellas friend:

AL BARSHA HOTEL APARTMENTS

Located on Sheikh Zayed Road., within walking distance of the popular Mall of the Emirates with its famous Indoor Ski Resort, Ski Dubai, guests will find these spacious one and two bedroom hotel apartments. Business travelers will appreciate it close proximity to Dubai Media City, and Dubai Internet City. Guests will find much to do in the area. Just 10 minutes from Jumeirah Beach where visitors will find the Burj Al Arab, the iconic structure that represents the Spirit of Dubai, and Wild Wadi Waterpark. Take in the beautiful views of the Burj Al Arab from your private balcony. Shopping is of plenty with the Mall of the Emirates, Ibn Battuta Mall, and Madinat Jumeirah nearby. Guests will appreciate the convenience of the Al Barsha Hotel Apartments.

How do you think about it?

Riad Kamal, CEO of Arabtec Holding, told Bloomberg that the company has been short-listed for three contracts in Abu Dhabi, each worth about Dhs1.5bn. Kamal said the contracts will be awarded within a month.