The lowdown on Middle East rents: Don't get bayt-ed into paying too much for your home!

Published January 22nd, 2015 - 09:14 GMT

Rate Article:

 
PRINT Send Mail
comment (0)

How much rent do you pay for your humble abode here in the Middle East? Think it’s too pricey? Wondering what you could get for the same amount of money elsewhere in the region?

For a long time chat about rent in the region has been equivalent to weather chat in the West – a good conversation opener and a daily necessity! But talk of rent is hotter now than it’s ever been.  How much one pays often defines how bearable the cost of living in Arab countries is for expats. Continue reading below »

View as list
In Amman, Jordan’s temperate climate, it’s “all about the space”,meaning an outdoor area and a killer roof deck or garden trumps an iffy interior everytime. This fully furnished 2 BR, living room, kitchen, bath in Shmeisani near King Abdullah Park comes fully loaded with a/c and laundry, but the terrace seals the deal at $500 per month!
Reduce

Image 1 of 10:  1 / 10In Amman, Jordan’s temperate climate, it’s “all about the space”,meaning an outdoor area and a killer roof deck or garden trumps an iffy interior everytime. This fully furnished 2 BR, living room, kitchen, bath in Shmeisani near King Abdullah Park comes fully loaded with a/c and laundry, but the terrace seals the deal at $500 per month!

Enlarge
Zinj is an old suburb skirting Manama, home to many embassies and the oldest mosque in Bahrain. A 2 BR semi-furnished flat tricked out with new kitchen and laundry appliances, 24 hour guards and car park will set you back about $562 a month. That leaves enough to buy a new shower curtain, or two.
Reduce

Image 2 of 10:  2 / 10Zinj is an old suburb skirting Manama, home to many embassies and the oldest mosque in Bahrain. A 2 BR semi-furnished flat tricked out with new kitchen and laundry appliances, 24 hour guards and car park will set you back about $562 a month. That leaves enough to buy a new shower curtain, or two.

Enlarge
Majorelle Garden in Marrakech, Morocco is 12-acres of botanical beauty planted in the 1920’s. A 2 BR, 2 bath flat in this quiet residential area puts you 15 minutes from famous Jamea El Fna square and right next to Asswak Assalam hypermarket.  That zip code will cost you $1000 a month, but take in boarders with these massive beds!
Reduce

Image 3 of 10:  3 / 10Majorelle Garden in Marrakech, Morocco is 12-acres of botanical beauty planted in the 1920’s. A 2 BR, 2 bath flat in this quiet residential area puts you 15 minutes from famous Jamea El Fna square and right next to Asswak Assalam hypermarket. That zip code will cost you $1000 a month, but take in boarders with these massive beds!

Enlarge
Mountain views and sea breezes from a generous balcony perch can be yours for a cool $3,000 a month if you pick this pad in Eilat, Israel. A furnished 2 BR in this 14-story building comes with swimming pool access, 24-hour doorman, on-site cafeteria and expansive public lobby.
Reduce

Image 4 of 10:  4 / 10Mountain views and sea breezes from a generous balcony perch can be yours for a cool $3,000 a month if you pick this pad in Eilat, Israel. A furnished 2 BR in this 14-story building comes with swimming pool access, 24-hour doorman, on-site cafeteria and expansive public lobby.

Enlarge
Got big bucks? Then plunk down $3,600 a month for this 2 BR in the Lebanese mountains surrounded by olive groves and with Mediterranean views. Just 30 minutes from Beirut and 15 minutes from the airport, its private garden patio and roof terrace (with a fire pit!), fully-equipped kitchen and IT-connectivity offer high standards of comfort.
Reduce

Image 5 of 10:  5 / 10Got big bucks? Then plunk down $3,600 a month for this 2 BR in the Lebanese mountains surrounded by olive groves and with Mediterranean views. Just 30 minutes from Beirut and 15 minutes from the airport, its private garden patio and roof terrace (with a fire pit!), fully-equipped kitchen and IT-connectivity offer high standards of comfort.

Enlarge
A fully-furnished apartment located in Amaniyeh, a diplomatic and business area in northern Tehran. Features 2 BR, one bathroom, and elevator access for $3,500 a month, but no doorman and you’re on your own when it comes to doing laundry.
Reduce

Image 6 of 10:  6 / 10A fully-furnished apartment located in Amaniyeh, a diplomatic and business area in northern Tehran. Features 2 BR, one bathroom, and elevator access for $3,500 a month, but no doorman and you’re on your own when it comes to doing laundry.

Enlarge
Head south for luxurious Saudi living. The lovely Al Jawharah sits on the Jeddah Corniche along the Red Sea coast. Named “Outstanding Development of the Year 2012” at the Big Project regional real estate awards, a 2 BR (at $5,100 per month) comes with  squash courts, mini-theaters, swimming pools and gyms - of course, all gender segregated.
Reduce

Image 7 of 10:  7 / 10Head south for luxurious Saudi living. The lovely Al Jawharah sits on the Jeddah Corniche along the Red Sea coast. Named “Outstanding Development of the Year 2012” at the Big Project regional real estate awards, a 2 BR (at $5,100 per month) comes with squash courts, mini-theaters, swimming pools and gyms - of course, all gender segregated.

Enlarge
This Tripoli furnished flat looks sleek with an ultra-modern kitchen, 2 BR, living room, dining room, and laundry. Just 5 meters from shops and a 5-minute drive to Tripoli Medical Center. Monthly rent is $1,200 - if that’s too steep you may want to bunk with Libya’s parliament, sleeping offshore on a rented Greek in Tobruk.
Reduce

Image 8 of 10:  8 / 10This Tripoli furnished flat looks sleek with an ultra-modern kitchen, 2 BR, living room, dining room, and laundry. Just 5 meters from shops and a 5-minute drive to Tripoli Medical Center. Monthly rent is $1,200 - if that’s too steep you may want to bunk with Libya’s parliament, sleeping offshore on a rented Greek in Tobruk.

Enlarge
Surf like an Egyptian from a 2 BR furnished flat on a private Alexandria beachfront. Enjoy magnificent sunrise views from the bedrooms and kitchen. Comes with satellite TV, washing machine, maid service and a full-time security guard and walking distance to several private pools and shops. Close to a bus station too. $840 a month.
Reduce

Image 9 of 10:  9 / 10Surf like an Egyptian from a 2 BR furnished flat on a private Alexandria beachfront. Enjoy magnificent sunrise views from the bedrooms and kitchen. Comes with satellite TV, washing machine, maid service and a full-time security guard and walking distance to several private pools and shops. Close to a bus station too. $840 a month.

Enlarge
Dubai rents rose up to 25% in the past year with the steepest rise in Remraam. Move a bit from downtown to Lago Vista - a 25 minutes drive to the Burj Khalifa. The ad for this 2 BR flat says it’s “set amidst beautiful lawns spread like a woolen carpet” - possibly intending to pull the wool over your eyes regarding its $1,800 monthly rent.
Reduce

Image 10 of 10:  10 / 10Dubai rents rose up to 25% in the past year with the steepest rise in Remraam. Move a bit from downtown to Lago Vista - a 25 minutes drive to the Burj Khalifa. The ad for this 2 BR flat says it’s “set amidst beautiful lawns spread like a woolen carpet” - possibly intending to pull the wool over your eyes regarding its $1,800 monthly rent.

Enlarge

1

In Amman, Jordan’s temperate climate, it’s “all about the space”,meaning an outdoor area and a killer roof deck or garden trumps an iffy interior everytime. This fully furnished 2 BR, living room, kitchen, bath in Shmeisani near King Abdullah Park comes fully loaded with a/c and laundry, but the terrace seals the deal at $500 per month!

Image 1 of 10In Amman, Jordan’s temperate climate, it’s “all about the space”,meaning an outdoor area and a killer roof deck or garden trumps an iffy interior everytime. This fully furnished 2 BR, living room, kitchen, bath in Shmeisani near King Abdullah Park comes fully loaded with a/c and laundry, but the terrace seals the deal at $500 per month!

2

Zinj is an old suburb skirting Manama, home to many embassies and the oldest mosque in Bahrain. A 2 BR semi-furnished flat tricked out with new kitchen and laundry appliances, 24 hour guards and car park will set you back about $562 a month. That leaves enough to buy a new shower curtain, or two.

Image 2 of 10Zinj is an old suburb skirting Manama, home to many embassies and the oldest mosque in Bahrain. A 2 BR semi-furnished flat tricked out with new kitchen and laundry appliances, 24 hour guards and car park will set you back about $562 a month. That leaves enough to buy a new shower curtain, or two.

3

Majorelle Garden in Marrakech, Morocco is 12-acres of botanical beauty planted in the 1920’s. A 2 BR, 2 bath flat in this quiet residential area puts you 15 minutes from famous Jamea El Fna square and right next to Asswak Assalam hypermarket.  That zip code will cost you $1000 a month, but take in boarders with these massive beds!

Image 3 of 10Majorelle Garden in Marrakech, Morocco is 12-acres of botanical beauty planted in the 1920’s. A 2 BR, 2 bath flat in this quiet residential area puts you 15 minutes from famous Jamea El Fna square and right next to Asswak Assalam hypermarket. That zip code will cost you $1000 a month, but take in boarders with these massive beds!

4

Mountain views and sea breezes from a generous balcony perch can be yours for a cool $3,000 a month if you pick this pad in Eilat, Israel. A furnished 2 BR in this 14-story building comes with swimming pool access, 24-hour doorman, on-site cafeteria and expansive public lobby.

Image 4 of 10Mountain views and sea breezes from a generous balcony perch can be yours for a cool $3,000 a month if you pick this pad in Eilat, Israel. A furnished 2 BR in this 14-story building comes with swimming pool access, 24-hour doorman, on-site cafeteria and expansive public lobby.

5

Got big bucks? Then plunk down $3,600 a month for this 2 BR in the Lebanese mountains surrounded by olive groves and with Mediterranean views. Just 30 minutes from Beirut and 15 minutes from the airport, its private garden patio and roof terrace (with a fire pit!), fully-equipped kitchen and IT-connectivity offer high standards of comfort.

Image 5 of 10Got big bucks? Then plunk down $3,600 a month for this 2 BR in the Lebanese mountains surrounded by olive groves and with Mediterranean views. Just 30 minutes from Beirut and 15 minutes from the airport, its private garden patio and roof terrace (with a fire pit!), fully-equipped kitchen and IT-connectivity offer high standards of comfort.

6

A fully-furnished apartment located in Amaniyeh, a diplomatic and business area in northern Tehran. Features 2 BR, one bathroom, and elevator access for $3,500 a month, but no doorman and you’re on your own when it comes to doing laundry.

Image 6 of 10A fully-furnished apartment located in Amaniyeh, a diplomatic and business area in northern Tehran. Features 2 BR, one bathroom, and elevator access for $3,500 a month, but no doorman and you’re on your own when it comes to doing laundry.

7

Head south for luxurious Saudi living. The lovely Al Jawharah sits on the Jeddah Corniche along the Red Sea coast. Named “Outstanding Development of the Year 2012” at the Big Project regional real estate awards, a 2 BR (at $5,100 per month) comes with  squash courts, mini-theaters, swimming pools and gyms - of course, all gender segregated.

Image 7 of 10Head south for luxurious Saudi living. The lovely Al Jawharah sits on the Jeddah Corniche along the Red Sea coast. Named “Outstanding Development of the Year 2012” at the Big Project regional real estate awards, a 2 BR (at $5,100 per month) comes with squash courts, mini-theaters, swimming pools and gyms - of course, all gender segregated.

8

This Tripoli furnished flat looks sleek with an ultra-modern kitchen, 2 BR, living room, dining room, and laundry. Just 5 meters from shops and a 5-minute drive to Tripoli Medical Center. Monthly rent is $1,200 - if that’s too steep you may want to bunk with Libya’s parliament, sleeping offshore on a rented Greek in Tobruk.

Image 8 of 10This Tripoli furnished flat looks sleek with an ultra-modern kitchen, 2 BR, living room, dining room, and laundry. Just 5 meters from shops and a 5-minute drive to Tripoli Medical Center. Monthly rent is $1,200 - if that’s too steep you may want to bunk with Libya’s parliament, sleeping offshore on a rented Greek in Tobruk.

9

Surf like an Egyptian from a 2 BR furnished flat on a private Alexandria beachfront. Enjoy magnificent sunrise views from the bedrooms and kitchen. Comes with satellite TV, washing machine, maid service and a full-time security guard and walking distance to several private pools and shops. Close to a bus station too. $840 a month.

Image 9 of 10Surf like an Egyptian from a 2 BR furnished flat on a private Alexandria beachfront. Enjoy magnificent sunrise views from the bedrooms and kitchen. Comes with satellite TV, washing machine, maid service and a full-time security guard and walking distance to several private pools and shops. Close to a bus station too. $840 a month.

10

Dubai rents rose up to 25% in the past year with the steepest rise in Remraam. Move a bit from downtown to Lago Vista - a 25 minutes drive to the Burj Khalifa. The ad for this 2 BR flat says it’s “set amidst beautiful lawns spread like a woolen carpet” - possibly intending to pull the wool over your eyes regarding its $1,800 monthly rent.

Image 10 of 10Dubai rents rose up to 25% in the past year with the steepest rise in Remraam. Move a bit from downtown to Lago Vista - a 25 minutes drive to the Burj Khalifa. The ad for this 2 BR flat says it’s “set amidst beautiful lawns spread like a woolen carpet” - possibly intending to pull the wool over your eyes regarding its $1,800 monthly rent.

Reduce

Many people who could once afford the bright, spacious and airy places that the Middle East offers, have had to make do with more humble residences. Property developers are economising too on money and on space, by drawing smaller rooms and less bathrooms in their blueprints.

Live in Dubai? Well, despite rent rates finally starting to flatline in the cosmopolitan city towards the end of 2014, the year as a whole showed a gloomy picture of rising rents. In oil-rich Kuwait many migrant workers struggle to make ends meet because a huge chunk of their salary goes straight towards the rent bill. Many expats have started to wonder whether it’s worth sticking around at all!

In Lebanon, the topic of housing has become more prominent given the sharp influx of refugees from neighboring countries. Syrian refugees alone now account for 20% of Lebanon’s population. Added to that the thousands of Iraqi and Palestinian refugees and pressure on the property market is bubbling.

It’s a similar picture in nearby Jordan, where 10% of the population consists of Syrian refugees. Then there’s the large transient population of expats and students – those who call Jordan home for just a few years and are willing to pay a few hundred dollars in one of hipster or upmarket neighborhoods if Amman. Of course, this is a chunky sum for the average Ammani worker!

So just do how the region’s countries fare when it comes to rent prices? Al Bawaba shopped around the Middle East’s cities to see what cash could land you in a two bedroom apartment. This unscientific survey may hold a few surprises...

 

Advertisement

Add a new comment

 avatar