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Check out the best rent options in Islamabad

Real Estate Trends
3 min read | Samra Zulfiqar  | May 7, 2018

We’ve got a lot of queries regarding the best rent options in all the major cities of Pakistan. After covering the best rental localities in Karachi, we’ve now brought you the top rental localities for Islamabad.

According to Zameen.com Trends, the top three locations amongst the twenty most popular locations are DHA Defence, E-11, and G-11.

DHA Islamabad

DHA is the most commonly searched location for rental options in Islamabad. Here, you can find both apartments and houses for rent. The apartments are located in Askari Tower, whereas houses are constructed in two phases of DHA.

Monthly rent in Askari Tower

                           Size Ground-floor  rent (PKR) First-floor rent (PKR)
3-bed apartment 38,000 28,000
4-bed apartment 45,000 35,000

Amongst these, according to Ch. Sheraz Iqbal from Al-Hamdan Real Estate, the 3-bed apartments are preferred the most. This, he believes, is primarily because people who want to buy apartments lean towards smaller options, especially couples and families.

On the other hand, according to Iqbal, there are variations for home rental options depending on the size of the house, location, and the portion available for rent.

Size of the house Portion Rent (in PKR)
10-marla Upper N/A
10-marla Ground N/A
10-marla Complete house 55,000-65,000
1-kanal Upper 40,000-45,000
1-kanal Ground 60,000-65,000
1-kanal Complete house 95,000-115,000

The above table doesn’t show data for either 10-marla upper or lower storeys, because most 10-marla houses for rent aren’t given in portions, but are rented out entirely. Although there are two phases in DHA Islamabad, the rent for houses sized the same don’t vary that much. Iqbal calculates the difference between them to be of PKR 5,000-10,000 at most.

You can also check our last update on rent trends in DHA Defence.

E-11

According to Talha Khan and Raja Rameez from MM Real Estate, there are various property options available for people to rent in E-11. In Islamabad, different dimensions are used for calculating the land area and in E-11 there aren’t any standard-sized houses. Because of this, a lot more options are available. Apart from houses, apartments are also easily available for rent. Amongst these, according to Rameez, Margalla Hills, Hareem Tower, Multi Arcade, and Tower Town are the most important.

Houses
Size Rent (in PKR) Portion Rent (in PKR) full house
25×60 35,000-40,000 80,000-85,000
35×65 45,000-60,000 100,000-130,000
35×70 50,000-55,000 100,000-120,000
1-kanal 65,000-110,000 170,000-300,000
Apartments
Size Rent (in PKR)  
2-bed 30,000-45,000
3-bed 40,000-50,000

Rameez added that most people prefer 2-bed apartments as they are the most suitable for smaller families. Bigger families, in his opinion, prefer to have houses instead of apartments. For a comparison from December 2017, you can check our last update.

G-11

Muhammad Adnan Anwar from FA Property notes that in G-11, more house portions are given for rent as compared to entire houses. G-11 also has Warda Hamna, a very popular apartment building which is offering property for rent.

The rents in this sector are as follows:

Houses
Size Rent (in PKR) Portion Rent (in PKR) full house
25×50
2 bed, ensuite bathrooms, tv lounge		 25,000 55,000-65,000
30×60

2 bed, ensuite bathrooms, dining and drawing room

 40,000 70,000-85,000
40×80
3 bed, ensuite bathrooms, dining and drawing room		 55,000 80,000-90,000
1-kanal
3 bedrooms, ensuite bathrooms, dining and drawing room and servant quarter		 75,000 150,000
Apartments
Size Rent (in PKR)  
2-bed 50,000-55,000
3-bed 60,000-65,000

You can compare these rent trends with our last update to see the difference.

These were our top localities for renting properties in Islamabad. If you have any queries or feedback, please write to us in the comments below.

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Samra Zulfiqar
Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market’s most promising opportunities.

  1. Courtesy of skyrocketing prices of property in these sectors. When property prices go up so does the rents of houses and shops.

    Rising rents are bad on small businesses and middle income families. RE’s overall impact on economy is negative. Government should cut heavy taxation on real estate investments so money can flow back to small businesses enterprises and industries to create more employment through economic activities.

    Anyone who owns more than one property should pay high annual taxes to keep that property. In addition capital gains on property should be taxed equal to corporate tax of 36%.

    Only 1 property per citizen should be allowed free of tax. All property inherited should also be taxed at corporate rate.

    1. Your observations are correct. Thank you for your input!
      Please keep reading our blogs for more updates.

    2. JDM your observation is very strange. When government imposes taxes, it is passed on to the public. Prices go up not down. Furthermore when people will loose interest in real estate due to high taxes at first there will be less buyers and prices might go down then the supply will also decrease. Due to less demand less real estate will be constructed and prices will be up again.

      This is like if price of potatoes crash in the market, growers will loose money. No body will grow potato next year and its price will skyrocket.

  2. Hi Remshay,

    Thank you for sharing an excellent write up on rents. May i suggest if you could add another column for average prices of apartments and houses in DHA, E-11 and G-11. An addition column for the ROI based on the total prices and rental yield. for example if 3 bedroom apartments in DHA and G-11 are rented out are the same price but the difference might be on the value of the apartment.
    Thanks
    Asad

  3. Thank you for this very informative article. Could you include D-12 also in your future writings. Is it still a good option for investors and in terms of rental value of houses. Many thanks.

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