Even after the official statements the statistics rent in Abu Dhabi are not settling down, the residents are not still happy and are complaining about unreasonable increase in rent.
Your lucky enough if you get a basic single one bedroom apartment at Dh70,000 per year and this is considered as a miracle at Abu Dhabi. In most of the Abu Dhabi’s residential areas, Hydra Village and much of Abu Dhabi island itself a studio flat rest starts at Dh70,000 while one bedroom cost is minimum of Dh90,000.
Dont be shocked! Its true!
While the fact remain that rents are on the increase, residents now demand good quality, clean properties with good community services.
According to Property Finder real estate, Al Reem, along with Khalifa City are the most sought-after communities for renting an apartment or a villa. Last year, majority of the people looking for a home in Abu Dhabi, 29.9 per cent, were searching in Al Reem.
“For the first three years I lived in Muroor area, in a one bedroom apartment. The rent was reasonable, Dh60,000 to Dh70,000. The apartment was nice, very spacious, but parking was a major issue, and also the noise. There was no playground for children outside, so the kids used to play along the building’s corridors,” said by a resident.
