When looking for apartments in Dubai, choices are plenty. Dubai has been rated as the 20th most expensive cities to live in and that makes the cost of living in Dubai quite high, but the standard of living is also very high and because personal taxes are non-existent in the emirate this reduces the overall financial burden for those living and working in the UAE.
Those who are offered a good job in Dubai should consider negotiating a housing package as part of their overall payment deal because renting apartment in Dubai is the highest cost for living in the Emirate. However with 80,000 new units being introduced in the market, rental prices of apartments will be coming down causing more people to move from around the globe and other Emirates to take advantage of living in a city with a perfect infrastructure.
The government has placed a cap on annual rental rate hikes but this does not remove the fact that affording accommodation in the emirate is expensive and those who fancy higher standard of living should consider renting apartments in Dubai. For those who choose to buy property in Dubai the choice of off-plan properties is huge, but until those properties are completed purchasers will still have to rent.
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