Dubai and Abu Dhabi property rents: are there bargain deals amid the pandemic? – The National

  • Date: 10-Jun-2020
  • Source: The National
  • Sector:Real Estate
  • Country:UAE
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Dubai and Abu Dhabi property rents: are there bargain deals amid the pandemic? – The National

In terms of finding good deals, he highlights a one-bedroom garden apartment in Zaafaran 2, Old Town for Dh85,000.. "A three-bedroom apartment in Trident Grand, Dubai Marina can be rented for Dh115,000 and a very popular development at the moment is Akoya Oxygen by Damac where a three-bedroom villa can be rented for Dh65,000," he adds.. Villas in the super prime areas of Palm Jumeirah and Emirates Hills have retained their value and are still receiving plenty of demand, according to specialists at LuxuryProperty.com.. In Jumeirah Golf Estates, some of the best deals are hovering in the mid-to-high Dh200,000 range at about Dh230,000 for a four-bedroom semi-detached and upwards of Dh275,000k for a high-quality four-bedroom villa.. "A three-bedroom apartment at the recently completed The Address Sky Views went for Dh350,000 late last year.. Naval Vohra, chief executive of Appello Real Estate, says if you're serious about grabbing a great deal, renters should look beyond the most obvious areas.. Demand has held up for villa communities, according to Andrew Covill, director at Henry Wiltshire in the capital.. "We're seeing that people who can afford it are moving to villas rather than being couped up in apartments or studios.. The area containing