In spite of apartments available at affordable prices, the popularity of rental homes has not decreased in Dubai.
Dubai, U.A.E. – 1 Sept, 2010 – Dubai is passing through the phase of economic down break which has lowered the rates of property. Since last many years reports are showing that more people are interested in buying homes in Dubai. It is true that there is an increase in the number of people investing in Dubai property but at the same time rental homes are also in demand. There was a speculation which said that popularity of rentals will diminish in Dubai real estate market, but lower purchase value has not affected liking for the rentals.
Some of the reports revealed that 89% of respondents said that they don’t own a property in Dubai; most of them prefer staying in rental apartments. Dubai is the city where many migrants reside, this is one of the reasons why many people are preferring rentals. At the same time, this fastest developing city is known for providing lavish lifestyle which is not affordable for everyone. A lot of formalities are involved for purchasing a property while compared to rental solutions. There are many such reasons which play a significant role in making rental homes a favourable option for many people in Dubai. It is not only Dubai but even Abu Dhabi has a large percentage of population living in rentals homes. However, it is important to deal with a company which offers good rental options, not all the companies dealing in Dubai real estate are trustworthy. Hence people research properly before taking any decision.
AJ Group looks after all the difficulties related to property investment; it has renowned name in the real estate industry and has the joint experience of over forty years. The company has been successful in winning trust of all their customers by providing excellent service and unmatched guidance of the property experts.
For more information about AJ Group – Dubai Property Services visit: http://ajgroup-me.com/
Contact Details –
AJ Group
Office No. 202, 2nd Floor, Al Safa-com Building,
Khaleed Bin Waleed Street, Bur Dubai
P.O. Box 213612, Dubai, United Arab Emirates
Tel: +971 4 396 6562
Fax: +971 4 396 6486
Email: [email protected]
Website: http://ajgroup-me.com/
