Studio apartments in the tallest building in the world are now offered at a price of 100-110 thousand dirhams (about US $ 27-30 thousand), and in the spring the same apartments were offered at a level of 140 thousand dirhams (about US $ 38 thousand ) However, realtors argue that it is too early to talk about falling rental prices in the project and that the owners are forced to reduce them.
Laura Adams, Better Homes real estate sales and rental manager at the central office of the Better Homes Real Estate Agency, said that the annual rental of studio apartments with partial sea views is currently estimated at 110 thousand dirhams (about US $ 30 thousand), while as one-bedroom apartments with full sea views cost 188 thousand dirhams (about US $ 51 thousand), two-bedroom apartments with views of Dubai Fountain are offered for rent at a price of 285 thousand dirhams (about US $ 77.66 thousand) per year. As for the other rental conditions, in the Burj Khalifa skyscraper they are the same as for other projects in Dubai. "Our commission is standard for all projects in Dubai; we do not recalculate the percentage of commission depending on the project.
Be that as it may, landlords usually require a guarantee deposit of 5% of the annual rent for unfurnished apartments and 10% for furnished apartments. This deposit is returned to the tenant upon vacating the rented area, minus the cost of compensation for possible damage, "added Laura Adams.
