Understanding a tenant's preferences before renting out a property plays a significant role in staying ahead of the competition in Dubai's competitive real estate market. If you can identify a renter's needs, you can not only help attract quality renters but also reduce room for negotiation. So, what are the top amenities that rental property owners can use to attract quality tenants? Let's look at them and explore how these features can make your property stand out.
Location is the biggest priority of the tenants as it affects their living experience in many ways. Most tenants look for property near grocery stores and transport links. If a tenant has to walk too long to reach a grocery store, bus stop or Metro station, the property will lose its appeal. Proximity to these conveniences saves time and ensures tenants can easily meet their daily needs. Easy access to shopping malls, restaurants, hospitals and schools also enhances the property's appeal.
Covered parking isn't only an additional feature in high demand but a necessity. It is often the first question the potential tenant asks when viewing any property. Tenants are willing to pay a premium for shaded parking spots during the summer. This facility can be a game changer for rental property in Business Bay, JLT, or any other place with less public parking.
Safety is of utmost importance to most tenants. Whether it is a gated community like Arabian Ranches or an apartment with security and surveillance around the clock, the tenants would want assurance that their homes are secure.
New constructions have even more secure systems, including smart locks and video intercoms. For landlords, an upgrade to them will not only please the tenants but may also lower the chance of vacant units since it will attract safety-conscious renters.
Many tenants want a decent-looking and functional kitchen. For most mid- to high-end rentals, built-in appliances, such as dishwashers, ovens, and microwaves, are essential. Improving kitchen designs and using high-quality fixtures and fittings makes the property worth more to landlords. Even small changes, like adding more storage or replacing older appliances, can have a big effect.
In a city where many residents live in skyscrapers, outdoor space is extremely refreshing. Balconies, terraces, or shared gardens are the favourite amenities for renters who want to rest or have fun outside. Places like Jumeirah Lakes Towers and Al Barari, which have green areas and outdoor designs, are very attractive. For landlords, highlighting these features in advertisements can help a property get noticed.
Health-conscious living has become a thing in Dubai, with more and more renters seeking access to some form of fitness. A well-equipped gym or a temperature-controlled swimming pool is a decisive factor. Most developments, including Dubai Marina and Downtown Dubai, offer these amenities. For landlords managing older or standalone properties, collaborating with nearby gyms or investing in communal fitness facilities can significantly enhance the overall value.
Dubai is becoming pet-friendly, with more residents owning cats, dogs, and exotic pets. Yet, pet-friendly properties remain relatively scarce. Developments like The Greens and Mudon have embraced this niche, offering parks, trails, and pet-friendly apartments that cater to this growing demographic. Landlords who allow pets can tap into a loyal and underserved market. Adding amenities like pet-friendly flooring or designated pet areas can further sweeten the deal.
The presence of a community centre or clubhouse is another valuable amenity. These facilities are utilised to interact and perform community-related functions. They usually organise events, classes, and meetings for the residents of the locality and help to bind them as a family. The residents of Dubai who are new to the city seek community centres to make social contacts and get involved in the community.
A study revealed that listings emphasising covered parking, gyms, and proximity to transport saw 45% more inquiries than those without these mentions. Similarly, tenant satisfaction surveys highlight the growing demand for balconies, pet-friendly spaces, and modern kitchens and appliances. Data from real estate reports consistently shows that properties offering these amenities attract tenants faster and retain them longer. This translates to reduced vacancy periods and higher rental income for landlords and investors.
Tenants now want much more than just a place to rest their heads. They want a home that complements their lifestyle. Landlords who understand and invest in the amenities tenants value most secure tenants faster and build a reputation for providing quality, comfortable living spaces. You will set your property apart by offering features that enhance convenience, safety, and quality of life, ultimately increasing its long-term value.