9 most expensive areas to rent one-bedroom apartments in Dubai
How much would you pay for a one-bedroom apartment in Dubai? An arm and a leg is reasonable
For this list, we have taken Dh70,000 as a soft starting point for expensive one-bedroom apartments because we know of great areas, in Deira and old Dubai where you can get spacious two-bed apartments for around Dh70000. We did the hard work and found the most expensive one-bedroom apartments according to RERA.
Before that, we would like to know if you consider paying rent annually more feasible than paying almost the same amount for your own house in the UAE. Take our poll!
Most expensive areas to rent on-bedroom apartments
These RERA (Real Estate Regulatory Authority) index values do not denote actual rent demanded by landlords. It only determines if a landlord is allowed to increase rent for an existing tenant, given he or she wants to renew the tenancy contract for another year. So, if you're already paying exorbitant rates, even to almost four to five times these values, the RERA index ensures that your landlord cannot increase the rent while you decide to continue living there under a renewed contract.
Some areas like Tecom and Ibn Battuta also have one-beds in this range but don't go higher than Dh80,000.
