It’s no mystery that Dubai real estate market is brimming with success like no other. From furnished apartment towers to spacious townhouses, the city of gold appears to own all the desired accommodation options an investor could ever ask for.
While Dubai brags plenty of residential properties at your disposal, the city continues to be a desirable option among ex-pats. Tragically, with the absence of guidance, tenants frequently face an issue with various lodging styles, areas, and financial plans. Likewise, the disarray of picking either an apartment or villa outperforms every one of the concerns.
We’ve emerged with all the necessary pointers that you must consider while starting a rental business for property buying and selling at your convenience. Rest assured, as they’ll come in handy if you plan to buy apartment in Dubai or a villa.
- Budgeting:
Budgeting is the most crucial factor when deciding if you want to rent an apartment or a villa. There’s no doubt that villas tend to have higher rental costs than apartments in Dubai. For instance, a 3-room apartment in Dubai Marina begins from AED 75k, while a villa with similar dimensions begins from AED 89k.
However, remember that it depends on the community you’re soon moving in. Therefore, opt for a villa only if your financial situation allows you to. Or else, Dubai is filled with plenty of extravagant yet affordable apartments.
- Prioritize location:
Next, you’ve to finalize a location where you want to reside. While many areas in Dubai offer a diverse rental home selection, others are restricted. For instance, the old community of Bur Dubai is well-known for its central position. Yet, it exclusively outshines the apartments with only a handful of luxury villas.
On the contrary, suburban societies like Reem only serve home to cozy villas and townhouses. Remember that a secured home is always better than a wealthy one. Thus, we highly suggest opting for a protected community.
- Maintenance and Repair Expenses:
When deciding between an apartment or villa, it’s not just the budgeting and location you’ve to concentrate on. However, you also have to consider the cost of occasional repair and maintenance.
It’s not surprising that the maintenance cost is generally higher than that of an apartment. Since villas comprise spacious rooms, the price justifies the fact. The fees of a house help are equally essential as villas are well-equipped with a backyard and private swimming pools.
- The difference in Lifestyle:
If you’re still debating between a villa or an apartment, it’s vital to prioritize your Lifestyle. Above everything, you need to confirm whether you’re up for privacy or convenience. Where apartments are centrally-located and rely on near the leisure and commercial hubs, villas are settled in gated communities where amenities are located at quite a distance.
Do you prefer a private outdoor space? Shifting to a villa would be a wise call. Yet, social butterflies can fly to apartment complexes, which offer abundant opportunities for getting social among the masses.
- View Matters:
While it seems to be utterly futile, surrounding views highly contribute to the feel and vibe of your home. Most of the elegant apartments in Dubai come with spectacular views but with a slightly higher rental price.
On the other end, villas outshine the peaceful charm of the neighborhood. Those willing to pay higher rental costs will be able to experience golf courses and the shining blue lakes of the city. Do you want to delve into the sparkling cityscapes or the idyllic lakes? The decision will follow your personal preferences.
- Basic amenities:
Have you made up your mind regarding the location? Well, it might be too early. Before reaching a decision, you must determine the proximity of transportation routes, grocery stores, and kids’ educational centers. If you rely on public transport for traveling purposes, renting an apartment would be suitable.
However, villas are usually settled behind gated communities, so you’ll have to drive to the closest supermarket if there’s an emergency.
Final Thoughts:
Among other necessities, we often forget the significance of a verified real estate agent. So, try connecting with an authentic property finder in Dubai. You’re likely to run across rental scammers if you’re looking for the perfect place; on the Rentberry rental platform, there is an article on how to avoid rental scams where you’ll find all the information you need to not fall victim to one of these scammers. Now that you know which factors to consider when choosing between a rental apartment or a villa, especially if you’re on a budget. Hopefully, the guide will help reach a sound decision.
