How Dubai Tenants Are Justifying Higher Rents

This week, Josh Buckle, Lettings Director, sits down with Ellen Dinning, Lettings Consultant, to explore why Dubai’s rental market has defied the perceived summer slowdown and, in fact, become even busier.

They delve into the growing appeal of community-focused living and why more families are making the move to Dubai. The conversation covers the surge in rental demand, the influence of new developments and schools, and the advantages of long-term planning in a city that’s constantly evolving.

Tune in to hear why Dubai continues to be a top choice for families and investors and why more tenants are willing to pay a premium for the right home.

Navigating Through A Dynamic Rental Landscape

At the heart of Dubai's real estate surge is the intricate balance of family-friendly environments combined with upscale community living. Ellen highlights the magnetic draw of communities such as Town Square and Tilal Al Ghaf and why families are increasingly drawn to areas that offer expansive community spaces, school proximity, and luxurious facilities. From vibrant community centers to ample garden spaces, the appeal of these areas goes beyond the confines of traditional housing.

Such amenities create an immersive living experience, transforming residential areas into thriving community hubs.

The Allure of High Quality Schools

An underlying factor driving the housing demand is the proximity to esteemed educational institutions. Families prioritise areas near schools, seeking to minimise commutes and integrate into communities with excellent schooling options.

This strategic geographical decision renders the communities not only convenient for daily life but also solid investments for future growth.

Serious Buyers and Strategic Renters

The narrative emerging from Dubai's real estate market is one of strategic planning and serious interest. According to Josh, the inquiries received have decreased slightly since July however, the seriousness of potential buyers and renters has escalated.

The summer months have witnessed an increase in activity, with prospective clients keen to secure both rental and purchase deals. "If someone wants to view in this heat you know that they actually need to see a house," Ellen remarks, underscoring the determination among renters and buyers during the Dubai summer months.

A Hub of Safety

Dubai stands out not only for its economic prospects but also its reputation as a haven of safety, a poignant point highlighted in the discussion. Both Josh and Ellen stress the importance of security, particularly for families and individuals relocating.

Coupled with modern infrastructural developments and a plethora of new lifestyle offerings, Dubai remains an exciting and sustainable prospect for long-term investment and residency.

A Promising Year Ahead

Reflecting on current trends, the consensus anticipates continued growth throughout the year. The real estate sector seems poised for further developments, driven by a mix of strategic investor interest and the city's capacity to continuously evolve. As Josh optimistically notes, "I just can't see it slowing down; the numbers have shown that actually it's got busier."

For those interested in renting in Dubai please reach out to our lettings team now.

For the full Taking Care Of Business podcast episode head to our YouTube channel