UAE rent prices rank fourth highest in the world, banner-
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According to a recent study by, UAE rent prices are ranked fourth-highest in the world just after Hong Kong, Singapore, and Qatar respectively.  This may not come as a shocking result, nevertheless, this result shows how valuable real estate investment in the UAE can be.

The report also showed that UAE residents spend 39.85% of their monthly spending on rent, with a three-bedroom property in the UAE costing an average of $1,921 (Dh7,054) per month for rent. Additionally, the survey also found that the monthly cost of maintaining a family of four is approximately $2,901.

Furthermore, the research data compared the average cost of renting a 3-bedroom property across over 50 global destinations and found that even though Dubai residents spend $1,921 on rent per month, they get the best value for money with bigger apartments.

The UAE property market has been showing great signs of recovery following the three-year oil price slump that began in 2014. This is further fuelled by people who are upgrading to larger homes with outdoor amenities amid a remote working and learning trend sparked by the Covid-19 pandemic.

What does this mean for investors?

The high rental income may be a good reason to invest in Dubai properties, however, there are several other reasons as well. For instance, the UAE Government has put in place several initiatives such as; residency permits for retirees and remote workers, the 10-year golden visa program, and the recent slash of the cost of setting up a business in Abu Dhabi. These initiatives trigger an inflow of ex-pats and investors alike, thereby increasing housing demand.

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