Dubai has become a centre of attraction for tourists and business professionals. From sports competitions to business conferences, the city hosts many world events in a year. That said, many individuals travel to Dubai for a week or month. Several short-term rentals in Dubai are available to cater such tourists and business professionals.
Since most short-term rentals are furnished, and tenants don’t have to sign up for Ejari, these monthly and daily rentals become ideal. Let’s go through the popular areas for luxury and affordable short-term rentals in Dubai. But before that, here are the benefits of short-term rentals.
WHAT ARE SHORT-TERM RENTALS AND THEIR BENEFITS?
Short-term rentals refer to rental properties available for less than six months. That said, tenants don’t need Ejari registration for short-term properties. Alongside, the short-term rental properties offer the following benefits:
- More amenities
- Flexibility to choose the contract period
- Fully-furnished and serviced apartments and villas
Short-term rentals are mostly located in areas and neighbourhoods where tourists can find local culture and public transport in proximity. That said, here are some of the popular neighbourhoods for short-term rentals according to the dubizzle’s 2022 Dubai annual rental market report.
Luxury and Affordable Areas for Short-term Rental Apartments in Dubai
Several areas are known for affordable and luxury short-term rentals in Dubai. These neighbourhoods are preferred by tourists mainly due to the amenities and public transport facilities nearby. Here’s a list of top areas with affordable and luxury short-term rental apartments in Dubai in 2022.
Affordable Areas for Short-term Rental Apartments
While the rent values depend upon the location, amenities and facilities available in the neighbourhood, one can find several affordable apartments for short-term renting in Dubai. Here is the list of top areas where you can find budget-friendly apartments available as daily or monthly rentals.
Dubai International City
Dubai International City is popular for affordable short-term rentals due to its convenient location and easy access to public transportation. Speaking of public transport, the community is well-served by the RTA buses in Dubai. Moreover, the Dubai Metro’s Red Line is easily accessible via the nearby Rashidiya or Ibn Battuta Metro Stations, which offer connections to other parts of the city.
Additionally, a wide variety of rental options, including furnished apartments at budget-friendly rents makes it a popular area. The average monthly rent in Dubai International City for 2022 was around AED 2,903. Moreover, the rent depends upon the number of rooms and other facilities available in the apartment.
You can explore monthly short-term rental apartments in Dubai International City at affordable prices and choose a convenient accommodation.
Jumeirah Village Circle
Well-known for its monthly and daily short-term rentals, Jumeirah Village Circle (JVC) is another community with affordable options. Besides, JVC is a relatively new community with a central location and modern infrastructure.
With a good mix of amenities and facilities, such as parks, schools and retail outlets, it becomes one of the ideal options for tourists and expats alike. In addition, Road and Transport Authority (RTA) buses connect JVC to other parts of the Emirate.
Since monthly and daily short-term rental apartments in JVC are a cost-friendly option, many tourists prefer living in this area.
Deira
Deira is an old commercial district in Dubai with a diverse population and a mix of modern and traditional architecture. Also, Deira offers a vibrant nightlife scene, bustling souks, and easy access to Dubai Ferry and the traditional Abra boats.
People living in Deira can find Dubai Metro at Union Square and Al Rigga Stations located nearby. Many public buses also connect Deira to other areas in Dubai.
With an average daily rent of around AED 200 for studio apartments, monthly and daily short-term rental apartments in Deira are fairly popular among people looking for budget-friendly apartments.
Bur Dubai
Another popular area for daily and monthly-short term rentals is Bur Dubai. The area is an old residential and commercial district offering a range of cultural attractions, such as the Dubai Museum, the historic Al Fahidi district, and the bustling souks.
The average daily rent in Bur Dubai was around AED 293 in 2022, whereas the average monthly rent had been AED 6,792. Considering cost-friendly rental prices, historical buildings and tourist attractions, Bur Dubai is among the top places for short-term stays.
Al Barsha
Al Barsha is a residential community in Dubai offering many facilities, such as shopping malls, restaurants, and entertainment options, making it an ideal neighbourhood for buyers and renters. Several Dubai Metro stations, such as Sharaf DG Station, Mall of the Emirates Station, and Dubai Internet City Station, and the public bus network connect Al Barsha to other areas in Dubai.
Moreover, affordable rental options with an average daily rent of AED 375 and monthly rent of around AED 7,793 make monthly and daily short-term rentals in Al Barsha a top choice for tourists and business travellers.
Dubai Silicon Oasis
Silicon Oasis is a technology park popular for affordable short-term daily rentals in Dubai. With a well-connected infrastructure and the availability of residential and commercial spaces, Dubai Silicon Oasis is a highly sought-after area in the Emirate.
Moreover, amenities such as shopping centres, restaurants, and leisure facilities attract tourists for a short-term stay. You can find daily short-term rentals in Dubai Silicon Oasis at an average rent of AED 310.
Luxury Areas for Short-term Rental Apartments in Dubai
Tourists and business travellers can find luxurious and furnished accommodations for their short-term stay in Dubai. These luxury areas include world-class amenities and facilities. Alongside, these communities are well-known for the leisure activities on offer. Let’s go through the popular luxury neighbourhoods for daily and short-term monthly rentals in Dubai.
Dubai Marina
Dubai Marina is a top luxury area for short-term rentals due to its beautiful waterfront location, cosmopolitan atmosphere, skyscrapers and shopping malls. Public transport is available at Dubai Marina, with several Dubai Metro stations and bus routes. Moreover, marine public transportation in Dubai, such as water taxis and ferries are available.
The daily rent for an apartment in Dubai Marina has averaged around AED 683, whereas the average monthly rent was approx AED 13,300 in 2022. Daily or monthly short-term rentals in Dubai Marina are popular among tourists and business travellers looking for furnished accommodation and a luxurious lifestyle.
Business Bay
Business Bay is among the recognisable communities for luxury short-term rentals, which include furnished apartments, hotel apartments, and serviced apartments. The community is home to skyscrapers, modern infrastructure, and the hospitality industry. Additionally, Jumeirah beach is 15 minutes away from Business Bay.
When it comes to leisure activities, people can visit Dubai Canal which connects Business Bay to old city areas. Moreover, well-equipped gyms, swimming pools, supermarkets, shopping malls and fine dining restaurants in the neighbourhood make monthly or daily short-term rental apartments in Business Bay popular among tourists.
The daily rent for an apartment in Business Bay has averaged around AED 612, while the average monthly rent was around AED 11,700 in 2022. Alongside luxurious and furnished apartments, convenient public transport options from Business Bay to other areas in the city make it a preferable option for tourists.
Downtown Dubai
Among the iconic landmarks and famous communities, Downtown Dubai is a mixed-use development that offers a range of amenities, such as shopping centres, restaurants, and entertainment options. Burj Khalifa and Dubai Mall are also located in Downtown Dubai. Besides, easy access to public transport makes it an ideal short-term accommodation for tourists.
When you choose a monthly or daily short-term rental apartment in Downtown Dubai, the daily and monthly rental cost has averaged at approximately AED 1,515 and AED 19,400, respectively.
Moreover, The Address Residence Fountain Views, Burj Al Nujoom, The Address Sky View Towers and The Residences are among the iconic buildings in this community.
Jumeirah Beach Residence
Jumeirah Beach Residence (JBR) is popular for its beachfront location and vibrant atmosphere. JBR is a vertical community in Dubai with more than 40 residential and hotel buildings. Moreover, it includes famous landmarks, such as The Walk and The Beach making it an ideal staying location for tourists.
Daily and monthly short-term rentals in Jumeirah Beach Residence are fairly popular due to the many attraction points and amenities. Alongside, it is also a preferable community for investors as it is a popular freehold area in Dubai.
Palm Jumeirah
An interesting fact about Palm Jumeirah is that it is a man-made island in Dubai with many facilities and amenities. With plenty of lifestyle attractions and furnished and luxurious daily or monthly short-term rental apartments in Palm Jumeirah, it is an ideal choice for tourists and business travellers.
The daily rent for apartments in Palm Jumeirah has averaged at AED 1,088, whereas the monthly rent has averaged at approximately AED 24,400 in 2022. Moreover, the community is home to several shopping malls, water parks for leisure activities and spas. Plus, the Nakheel Metro Station is located just outside the Palm Jumeirah area and water taxis are also available, making the community a preferred area for tourists.
Top Areas for Monthly Short-term Villa Rentals in Dubai
When it comes to renting options, residents and tourists are spoilt for choices. Short-term rentals in Dubai also include villas. Popular communities for monthly short-term rental villas in Dubai include DAMAC Hills and Palm Jumeirah.
That concludes a detailed overview of popular areas for short-term rentals in Dubai. Several above-mentioned areas include apartments and villas for long-term renting. For long-term rentals, tenants can find the renting costs using the RERA rent calculator.
Moreover, you can find the pros and cons of long-term and short-term rentals before making your decision.
Stay tuned to the dubizzle real estate blog for more information on popular communities in the UAE.
Disclaimer: The above-mentioned average prices of the short-term rentals are based on the properties listed for rent on dubizzle.com in 2022, and are not representative of the actual real estate transactions conducted in the Emirate.
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