Properties for rent in Dubai Internet City

Dubai Internet City is a place that aims to be the leading internet, communication and technology hub (ICT). Developed by TECOM properties, it is a community that is focused on fostering innovation and technological growth. The whole community is designed using infrastructure that facilitates technology companies to maximize their productivity and efficiency while offering commercial and residential space to professionals who may be working in the community or nearby. The community’s aim is to nurture and facilitate the growth of start-ups and other ICT focused small to medium-sized enterprises (SMEs). All in all, Dubai Internet City offers a complete lifestyle that focuses on productivity and a higher standard of living. However, there are many other commercial properties in Dubai that are aiming for the same goals. A good example would be Dubai Silicon Oasis which has been built to serve a similar purpose.

Types of Properties in Dubai Internet City

The most popular apartments tend to come in the form of 3-bed flats that also has 4 baths and around 2,900 sq. ft. of floor space. 1-bed apartments are also popular which will typically come with just 1 bath and around 800 sq. ft. of overall living space. In regards to other types of residential properties, currently there aren’t any options when it comes to renting villas or townhouses in Dubai Internet City. Jumping into the category of commercial properties, one will find plenty of options for renting office space in Dubai Internet City. The most popular office unit will come with a floor space of 927 sq. ft. Next, there is also a labour camp in the vicinity that has around 90 rooms and a total of 11 bathrooms. In conclusion, there aren’t any shops in this vicinity so residents may have to look elsewhere if they plan on setting up their retail space.

Rent Price Trends for Properties in Dubai Internet City

The most budget-friendly apartment will come with 1 bedroom, 2 baths and around 780 sq. ft. of space. An apartment in this class will typically demand a rental price of AED 35K per annum. On the other hand, the most upscale apartment for rent in Dubai Internet City will come with 3 beds, 4 baths and an overall living space of 2,900 sq. ft. An apartment in this class will demand an annual rent of AED 160K. The smallest office one can rent will come with an overall working space of 209 sq. ft. Accordingly, this is a great starter office which can be rented at a reasonable price of AED 44K per annum. For those who are looking for the largest office space in Dubai Internet City, they can expect to pay AED 12M for an office that comes with 88,621 sq. ft. of working space.

Popular Areas of Dubai Internet City

Dubai Internet City is situated in a very strategic spot, very close to Dubai’s coastline. To the northeast of the community is Dubai Knowledge Village and to the northwest lies Dubai Media City. One of the best features of Dubai Internet City is that it is situated right along the main arterial highway known as Sheikh Zayed Road. The Dubai Internet City is home to multinational organizations, such as Google. Also within the community, there is a Holiday Inn where visitors can stay and attend conferences within the greater community.

Reasons for Renting in Dubai Internet City

There are plenty of reasons why one should consider renting property in Dubai Internet City. However, the most solid and prominent reason seems to be related to working and living within the same community. For those who have steady jobs or businesses in Dubai Internet City, it can be a win-win situation for them to live here. Not only will they save money and time from having to commute long distances for work, but they will enjoy a higher quality of life by spending less in traffic.