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Rents in Abu Dhabi just too much.

 
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dragonpiwo



Joined: 04 Mar 2013
Posts: 1650
Location: Berlin

PostPosted: Mon Sep 14, 2015 3:20 pm    Post subject: Rents in Abu Dhabi just too much. Reply with quote

If you don't get free digs (I do), be warned that the rents in Au Dhabi are just plain daft.

Rents in 1-beds/ studios that are far below a western standard run at 70-80,000. Western standard places start at 95,000. Anywhere near a beach will cost even more.

Landlords will charge you more if you don't have the whole year up front. Average notice is about 3 months. You also will need to invest in furniture, deposits and commissions.

People will offer you a flat and the price goes up 10% by the end of the month.

Living in a dreadful flat and paying a fortune is no fun but putting your wife or kid in one is just a straight no.

Not sure if it's worth it quite frankly unless you are single.
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Gulezar



Joined: 19 Jun 2007
Posts: 483

PostPosted: Mon Sep 14, 2015 3:32 pm    Post subject: Re: Rents in Abu Dhabi just too much. Reply with quote

dragonpiwo wrote:
If you don't get free digs (I do), be warned that the rents in Au Dhabi are just plain daft.

Rents in 1-beds/ studios that are far below a western standard run at 70-80,000. Western standard places start at 95,000. Anywhere near a beach will cost even more.ies
Landlords will charge you more if you don't have the whole year up front. Average notice is about 3 months. You also will need to invest in furniture, deposits and commissions.

People will offer you a flat and the price goes up 10% by the end of the month.

Living in a dreadful flat and paying a fortune is no fun but putting your wife or kid in one is just a straight no.

Not sure if it's worth it quite frankly unless you are single.


On a brighter note, rents have improved. There was a time when the only thing on island was a cut up villa. There are now proper apartments with gym/pool and other facilities. My rent is half what I paid 6 years ago, so I suppose, that it is just a matter of perspective.
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dragonpiwo



Joined: 04 Mar 2013
Posts: 1650
Location: Berlin

PostPosted: Mon Sep 14, 2015 4:08 pm    Post subject: erm Reply with quote

You are the ONLY person I've met who talks like that here.
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veiledsentiments



Joined: 20 Feb 2003
Posts: 17644
Location: USA

PostPosted: Tue Sep 15, 2015 1:29 am    Post subject: Reply with quote

Gulezar speaks the truth. The rents were higher in the past, BUT... that is when nearly all education employers provided flats and the big settling in allowance. So, teachers didn't really feel it so much.

Back in the 90s it was all flats... always at least two bedrooms even if you were single. Anything smaller was rare as hen's teeth. Cut-up villas were a late entry to the rental scene.

VS
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dragonpiwo



Joined: 04 Mar 2013
Posts: 1650
Location: Berlin

PostPosted: Tue Sep 15, 2015 4:39 am    Post subject: erm Reply with quote

I'm gonna call you out on that.

Remember, I'm talking about Abu Dhabi VS, where you haven't lived for some time. Rents bubbled over the past 5 years. They have come off slightly. However, they are still exorbitant. I'm talking about places you'd actually want to live in with your family. Granted you can get a cheaper room/converted studio in a villa but then these aren't strictly legal, you won't be able to get a tawtheek contract and ADDC utility bill and that means your wife can't get a residency visa. If you want to live around other westerners and not in 'India Town- type' areas, then you will pay through your nose. A 1-bed, unfurnished place anywhere near Raha Beach starts at around 100k. You can't go to the building site that is Reem Island and pay 75-95k for a studio but it has its own problems ie no beach, few facilities, construction work, few taxis. You can move way out to Khalifa City A , but then you'll need the car. Khalidiya rents are plain daft. The TCA is full of sub-standard, old housing. The guys I work with have been here between 10 and 30+ years. All are family guys and all on top end teaching salaries. ALL of them are bringing the issue of salary increases and the cost of living up. Utilities and petrol have shot up recently and now they are talking about VAT and possibly tax.

You can live cheaply here. However, I think for families, who may not want to live in a 1-bed in a neighorhood where they'll make no friends, I think it's a really bad call.

Dubai etc are very different since they are much, much cheaper re accommodation.
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nomad soul



Joined: 31 Jan 2010
Posts: 11454
Location: The real world

PostPosted: Tue Sep 15, 2015 4:49 am    Post subject: Re: erm Reply with quote

dragonpiwo wrote:
You can live cheaply here. However, I think for families, who may not want to live in a 1-bed in a neighorhood where they'll make no friends, I think it's a really bad call.

Then perhaps your wife should bring in an income.
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dragonpiwo



Joined: 04 Mar 2013
Posts: 1650
Location: Berlin

PostPosted: Tue Sep 15, 2015 5:54 am    Post subject: erm Reply with quote

She isn't here. It's cheaper for her to visit and stay in a hotel very regularly.

I won't even go into the opportunity cost of a wife having to ditch her American/European career.
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veiledsentiments



Joined: 20 Feb 2003
Posts: 17644
Location: USA

PostPosted: Tue Sep 15, 2015 1:45 pm    Post subject: Re: erm Reply with quote

dragonpiwo wrote:
I'm gonna call you out on that.

You can, but you'd be wrong. This is the second rent bubble since I left. Remember you're still new to the area. I have friends who have been there since the 90s... not to mention the posters here who were there and have watched the up and down of rents over the years, and reported it.

VS
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auhruh



Joined: 01 Aug 2013
Posts: 37

PostPosted: Tue Sep 15, 2015 5:56 pm    Post subject: Reply with quote

I have been in the UAE since 2007, and I concur with Dragonpiwo.

    Rents higher
    Housing allowances not keeping up with rents
    Petrol prices higher
    Fewer all-in-one packages of salary plus housing plus educational allowances
    Education costs going through the roof
    Grocery costs going up and up


You can have a good life if you're single and on a salary of 15K plus a month if it includes housing.

If you're a breadwinner with a family, then you'd need more than double that before even considering schooling costs.
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dragonpiwo



Joined: 04 Mar 2013
Posts: 1650
Location: Berlin

PostPosted: Tue Sep 15, 2015 6:40 pm    Post subject: er Reply with quote

There ya go. Don't let facts get in the way of armchair speculation.

http://www.thenational.ae/business/economy/abu-dhabi-inflation-at-highest-level-since-2009-as-housing-costs-bite
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Gulezar



Joined: 19 Jun 2007
Posts: 483

PostPosted: Wed Sep 16, 2015 3:12 pm    Post subject: Re: er Reply with quote

dragonpiwo wrote:
There ya go. Don't let facts get in the way of armchair speculation.

http://www.thenational.ae/business/economy/abu-dhabi-inflation-at-highest-level-since-2009-as-housing-costs-bite


Sitting from my armchair, I can say from personal experience that six years ago I paid twice as much rent as what I do now. My rent has not gone up for three years running. My rent is well below what my institution gives for a housing allowance, so I am not complaining.

We have given up on expecting an increment, so the article made me laugh. I wonder how many folks in academia have gotten a raise.

“In terms of salary expectations, there are clear distinctions between companies, who expected to offer pay increases of 3 per cent to 5 per cent, and candidates who expect increases of between 10 to 15 per cent,” said Christopher Greaves, managing director of Hays.

“Employers are cost-conscious, and won’t go splashing the cash on above-inflation salary rises,” he said.

“There’s a pent-up expectation this year among employees that they will get bigger pay rises. There’s definitely some tension between employees and employers.”
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dragonpiwo



Joined: 04 Mar 2013
Posts: 1650
Location: Berlin

PostPosted: Wed Sep 16, 2015 6:50 pm    Post subject: erm Reply with quote

I work for an oil company. Big lump sum. Free camp like a hotel complex and 4 day week. I still reckon it's a singlies posting more or less.
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