Property News · February 9, 2016

Property report reveals Abu Dhabi and Dubai's most searched locations



The two most desirable areas in Abu Dhabi and Dubai for tenants are Khalifa City A and Dubai Marina, the annual Dubizzle property report has revealed. In Dubai, more than 68 million searches were made on Dubizzle last year for apartments for rent in Dubai Marina, followed by International City, that had over 47 million searches, and then Jumeirah Lakes Towers, which had just over 42 million searches.
The most searched communities for those looking to rent in Abu Dhabi last year were Khalifa City A, with more than 24 million searches, followed by Al Reem Island and Mohammed Bin Zayed City with over 17 million searches each. Demand for more affordable properties has seen growth in searches for Jumeirah Village Circle and Dubai Sports City in Dubai, both of which made the city’s top 10 most searched areas list, said Ann Boothello, product marketing manager for property at dubizzle.
“As of December 2015, the price per square foot in these two communities was recorded at a reasonable rate of Dh918,” she said. “In terms of type of accommodation searched for, in Abu Dhabi, two-bedroom apartments were the most sought-after in the popular Reem Island community, both for rent and sale, while one-bedroom apartments were the most popular search criteria in Dubai Marina.” Junaid Lirza, a team coordinator at Binayah real estate agency in Dubai, said that people like to rent or buy apartments in Dubai Marina as it is a family friendly environment and a bustling part of the city.
“Most of our clients prefer Dubai Marina and JLT, as its surrounded by all the services and a family-friendly community,” he said. “For affordable units, clients look for apartments to rent in International City and the new project in Dubai Sports City and International Media Production Zone (IMPZ), while many people prefer to buy houses in Mudon community and Arabian Ranches due to reasonable prices.”
Mary Clemente, marketing officer at Master House Properties in Abu Dhabi, said that expats are taking to Al Reem Island for similar reasons – for the community environment and vast array of services provided. “Our clients and many expats prefer to rent and buy properties in Al Reem Island and Saadiyat as it’s a quiet environment suitable for families and has all the needed services around,” she said. “Clients can find a two-bedroom apartment starting from Dh120,000 to Dh160,000 [in rent per year].
“Mohammed bin Zayed City and Khalifa City offer more affordable prices and many facilities around. For buying an apartment, clients prefer Al Raha Beach and Al Reem.” According to the report, Dubai Marina continues to lead in both the rental and sales market, with more than 23 million searches made on for sale properties last year. After that came JLT and Downtown Dubai, which both gained more than 15 million searches on for sale properties.
In the capital, the most searched for area when it comes to buying property was Al Reem Island, with over 6 million searches. It was followed by the Shams Abu Dhabi community, which received just over 2 million searches. rhaza@thenational.ae

Source : thenational.ae
Read more…Property report reveals Abu Dhabi and Dubai’s most searched locations

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