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Al Karama is a vibrant part of Dubai, known for its cultural diversity and lively atmosphere. Whether you prioritize affordability or modern comforts, your next apartment rental is within reach.
Quick answer: Discover the most sought-after spots to rent in Al Karama, Dubai, focusing on amenities, pricing trends, and local insights.
When selecting an apartment in Al Karama, consider units ranging from **1 to 3 bedrooms**. Typically, rents range from **AED 45,000 to AED 100,000 yearly** depending on size and amenities.
Pro tip: Look for apartments with parking included to save on additional fees.
You'll find that **1-bedroom apartments** average around **AED 55,000 per year**, while **2-bedroom options** can reach **AED 75,000**. For specific figures, here’s a breakdown:
Al Karama offers excellent connectivity and local amenities. Apartments near **Al Karama Centre** or **Sheikh Khalifa Bin Zayed Road** tend to attract more interest due to their convenience. Community aspects improve with parks, supermarkets, and schools nearby. You can expect service charges around **AED 12-15 per square foot**.
For landlords, rental yields in Al Karama range from **6% to 8%**, making it a viable option for investment. This yield is influenced by market demand and property location within the area.
Most properties in Al Karama are ready for immediate occupancy. When securing a rental, consider asking for a **snagging inspection** prior to lease signing to identify any potential issues right away.
If you’re considering a **2-bedroom apartment** at AED 80,000 with a 20% down payment and a 4.25% interest rate over 25 years, your **monthly payment would be approximately AED 3,606**.
You'll discover parks, shopping centers, schools, and transport links.
Service charges cover maintenance, security, and common area upkeep, usually charged per square foot.
Yes, Al Karama is popular among expats due to its affordable options and community feel.
Yes, many landlords are open to negotiation, especially for long-term leases.
Most leases are 1 year but can vary. Always clarify terms upfront.
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