Dubai

Dubai (/dˈb/ doo-BY; Arabic: دبي Dubayy, Gulf pronunciation: [dʊˈbɑj]) is the most populous city in the United Arab Emirates (UAE). It is located on the southeast coast of the Persian Gulf and is one of the seven emirates that make up the country. Abu Dhabi and Dubai are the only two emirates to have veto power over critical matters of national importance in the country's legislature. The city of Dubai is located on the emirate's northern coastline and heads up the Dubai-Sharjah-Ajman metropolitan area. Dubai is to host World Expo 2020.

Dubai has emerged as a global city and business hub of the Middle East. It is also a major transport hub for passengers and cargo. By the 1960s Dubai's economy was based on revenues from trade and, to a smaller extent, oil exploration concessions, but oil was not discovered until 1966. Oil revenue first started to flow in 1969. Dubai's oil revenue helped accelerate the early development of the city, but its reserves are limited and production levels are low: today, less than 5% of the emirate's revenue comes from oil. The emirate's Western-style model of business drives its economy with the main revenues now coming from tourism, aviation, real estate, and financial services. Dubai has recently attracted world attention through many innovative large construction projects and sports events. The city has become iconic for its skyscrapers and high-rise buildings, in particular the world's tallest building, the Burj Khalifa. Dubai has been criticised for human rights violations concerning the city's largely South Asian workforce. Dubai's property market experienced a major deterioration in 2008–09 following the financial crisis of 2007–08, but the emirate's economy has made a return to growth, with a projected 2015 budget surplus.

Latest News for: Rent apartment dubai

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Dubai: Can landlords charge tenants extra for amenities?

Khaleejtimes 01 Oct 2023
Pursuant to your queries, as you are residing in a rented apartment in the Emirate of Dubai, the provisions of Law No ... In the emirate of Dubai, the amenities in a building of a rented apartment are part of rent, and a tenant is not required to pay additional rent/charges for using such amenities unless otherwise agreed by a tenant with a landlord....
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My Dubai Rent: Outdoorsy family pay Dh250,000 for five-bedroom Al Barsha villa

The National 01 Oct 2023
My Dubai Rent takes you inside a reader's home to have a look at what they get for their money, how much they pay in rent and asks them what they like and don't like. Small business owner Julie Grobler moved to the UAE in 2011 and has rented her spacious Dubai villa for six years ... My Dubai Rent ... My Dubai RentDubai....
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My Dubai Rent: Indian family settled in their Dh113,000 apartment in The Gardens

The National 24 Sep 2023
The finance professionals rent a three-bedroom, second-floor apartment, and pay Dh113,000 ($30,700) a year ... My Dubai Rent ... Obviously, Dubai rent is more expensive compared to a similar apartment in Bangalore; our apartment is three times more expensive than similar properties back at home.Do you plan to stay in the property?....
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Dubai: Earn second salary by listing your property on new holiday platform; here's how it works

Khaleejtimes 21 Sep 2023
With more than one million monthly users, Holiday Swap is relocating its global headquarters to Dubai ... Davey added that they have a very strong representation in Dubai, especially apartments, as they work with a number of partners to help them rent out their apartment units. “Dubai is strong on the apartment side, so a lot of availability there....
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Dubai property market: Best performing areas for prices and rents in August

The National 20 Sep 2023
Areas such as Motor City, Downtown Dubai (affordable) and Dubai Sports City saw strong annual growth of 37.5 per cent, 29 per cent and 28 per cent, respectively, for two-bedroom apartments. However, in Downtown Dubai (luxury) rents were down 17.6 per cent year-on-year, and in ......
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My Dubai Rent: Lebanese tenant pays Dh47,000 for 'sanctuary' of JVC apartment

The National 17 Sep 2023
Since 2020, the Lebanese has rented a one-bedroom apartment where she stays with her golden retriever, Duke, both enjoying the area’s open spaces during their regular walks ... She took The National on a tour of her third-floor “sanctuary”.My Dubai Rent ... My Dubai Rent. Entertainer rents Shoreline apartment for Dh150,000....
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Dubai: Why tenants are renewing contracts despite increasing rents

Khaleejtimes 14 Sep 2023
According to H1 Dubai Property Market Report released by Bayut, rents for affordable apartments in the emirate’s popular districts have increased by up to 17 per cent. The cost of renting luxury apartments has significantly appreciated by up to 32 per cent ... Renting in Dubai....
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UAE property: 'How soon can I evict a tenant on a two-year lease?'

The National 14 Sep 2023
It also seems the annual rent is quite below the market rate ... Is that the earliest possible option for a landlord to move into a property? There appears to be no option to increase the rent during the two-year lease ... How would a rent increase be interpreted on an apartment like this if the Rera index is based on the number of rooms? SU, Dubai....

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