There has been a rise in Dubai’s real estate sector, evidenced by the notable surge experienced in rental prices within all sectors in 2024. The rental market dynamics are very important for expatriates from India who want to rent villas at their best prices. In this article, we will focus on the various categories of villa rentals such as affordable, mid- and luxury targeting the Indian audience so that they can be well-informed before making any choice.
Overview of Dubai’s Rental Market
According to the Dubai Rental Market Report for 2024 by Bayut, there was a significant increase in property prices overall. The report shows that low-cost rental properties recorded between 12%-48% increase while mid-tier posted an increase of up to 45%. Premium properties witnessed rent increases of up to 60%. These trends are indicative of an increasing rental property demand within the city owing to favourable economic factors and attraction towards expatriates.
Affordable Villa Rentals in Dubai
Indian tenants seeking affordable options can find villas for rent in Dubai on Bayut, a leading property platform in the UAE. The following are the leading locations as per Bayut’s 2024 rental report:
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DAMAC Hills 2
The family-oriented DAMAC Hills 2 has a variety of facilities including parks, sports amenities and community centers. The project has affordable villa units which are suitable for Indian families that want to relocate to Dubai at a low cost.
Average yearly villa rentals
3 BHK: AED 99,000 (INR 23.3 Lacs)
4 BHK: AED 110,000 (INR 26 Lacs)
5 BHK: AED 145,000 (INR 34.1 Lacs)
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Mirdif
An affordable choice suitable for Indian tenants who need to be able to get around easily and cheaply is Mirdif. This is because it provides both living areas and offices, all of which are linked to major transport services and available at low cost.
Average yearly villa rentals
3 BHK: AED 130,000 (INR 30.6 Lacs)
4 BHK: AED 155,000 (INR 36.5 Lacs)
5 BHK: AED 180,000 (INR 42.4 Lacs)
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Dubailand
Many Indian families prefer Dubailand because it offers them an energetic community that is not very expensive and it also has many different homes as well as fun things to do there.
Average yearly villa rentals
3 BHK: AED 162,000 (INR 38.2 Lacs)
4 BHK: AED 203,000 (INR 47.8 Lacs)
5 BHK: AED 296,000 (INR 69.8 Lacs)
Mid-Tier Villa Rentals in Dubai
The Mid-tier villa rentals are in high demand in these locations because they provide the perfect mix of cheap prices and basic needs that are ideal for Indian expatriates who want to live a comfortable lifestyle.
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Jumeirah Village Circle (JVC)
The family-oriented Jumeirah Village Circle is a leader in the mid-tier villa rental sector. It has more than thirty landscaped parks that cater for families as well as various facilities like schools and shopping centers. Being strategically positioned with different types of houses, it becomes the most favourable destination for an Indian expatriate.
Average yearly villa rentals
3 BHK: AED 180,000 (INR 42.4 Lacs)
4 BHK: AED 209,000 (INR 49.2 Lacs)
5 BHK: AED 239,000 (INR 56.3 Lacs)
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Town Square
Town Square is an additional famous place for hiring mid-tier villas, which are within gated communities and have several facilities such as playfields, sports complexes, shopping malls etc. Town Square is cheap; therefore, many Indians prefer it since they can easily socialize there.
Average yearly villa rentals
3 BHK: AED 149,000 (INR 35.12 Lacs)
4 BHK: AED 188,000 (INR 44.3 Lacs)
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Arabian Ranches 3
The luxurious villas in Arabian Ranches 3 are very affordable, and they come with several amenities like golf courses, parks, and community centres. These houses attract Indian renters because they are able to provide both comfort and luxury at a reasonable price.
Average yearly villa rentals
3 BHK: AED 159,000 (INR 37.4 Lacs)
4 BHK: AED 206,000 (INR 48.5 Lacs)
5 BHK: AED 375,000 (INR 88.4 Lacs)
Luxury Villa Rentals in Dubai
Here is a list of the most preferred luxury villa rental areas for Indian tenants. Living here allows one to enjoy very good living spaces with enough room for accommodation.
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Dubai Hills Estate
The luxurious villa rentals at Dubai Hills Estate are highly preferred for their top-notch living conditions which come with various facilities including golf courses, parks and upmarket retail among others. It is preferred by most Indian renters as it offers an exclusive environment with a high standard of living.
Average yearly villa rentals
4 BHK: AED 355,000 (INR 83.6 Lacs)
5 BHK: AED 414,000 (INR 97.6 Lacs)
6 BHK: AED 1,911,000 (INR 4.5 Crore)
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Al Barsha
The luxury villa rentals at Al Barsha are very convenient for Indians who want to live in luxury and be able to move around easily as they contain a bit of both residential and commercial properties thus being closely located to facilities.
Average yearly villa rentals
3 BHK: AED 310,000 (INR 73 Lacs)
4 BHK: AED 425,000 (INR 1 Crore)
5 BHK: AED 607,000 (INR 1.4 Crore)
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Jumeirah
The beachfront villas with high-class facilities at Jumeirah make it an ideal place of residence for those from India who want a peaceful life and live in comfort but can afford the very best.
Average yearly villa rentals
3 BHK: AED 395,000 (INR 93.1 Lacs)
4 BHK: AED 444,000 (INR 1.04 Crore)
5 BHK: AED 716,000 (INR 1.68 Crore)
Disclaimer: The indicated prices may change depending on the property size and other factors. It is advisable to see a local real estate expert before you decide anything.
Conclusion
Dubai provides numerous alternatives at various costs for Indian residents who are interested in renting villas. To get the most cost-effective villa that will meet all their preferences like proximity to work, it is important for them to analyze some factors concerning the property markets and compare prices between different locations.
Frequently Asked Questions
Q1: What are the key factors Indian tenants should consider when choosing a villa in Dubai?
A: For those Indian tenants looking for a villa in Dubai, it is important that they take into account the cost, place, facilities and society around.
Q2: Are there any additional costs associated with renting a villa in Dubai?
A: Indian tenants need to think about the security deposit, electricity and water bills as well as the internet cost. In addition they should also consider maintenance charges for shared facilities in gated communities.
Q3: How can Indian tenants navigate the rental process in Dubai?
A: Normally, this process includes looking at villas, making an application and then signing the lease agreement. The necessary papers are common: valid passport, visa, Emirates ID, and proof of income; occasionally there may also be required a letter of reference from the employer or previous landlord.