Mongolia Properties

Rental Prices in Ulaanbaatar PDF Print E-mail
Rental prices in UB have been on the rise for the past few years. Below is a guideline on what is obtainable at what prices:

250 USD to 350USD

For this price you can generally rent a 1 bedroom flat / studio around Seoul Street or further north towards the Lenin Museun and the Cinema. The building which you would get for that would be either a pink building or a gulag development. It would usually come partially furnished. It is hard to find an apartment in this category which is decorated in the western style as opposed to the heavy kitsch style so common in Mongolia.

350 USD to 500USD

2 bedroom apartment as above but in generally a better location and better decorated with more modern conveniences. Fully furnished, quite a few of them towards the north of Peace Avenue and around Sukhbaatar Square.

500USD to 1,000USD

This would get you the possibility of living in a courtyard development, generally a 2 bedroom apartment with a security guard at the entrance. Standard mod cons. Those apartments are in a shortage, and so are hard to find. They usually have a reasonable standard of furniture.

1,000USD to 2,500USD

This price would fetch what could start to be called luxurious apartments, of a standard equivalent to mid to high end apartments in the Asian capital cities. Some could be available around the Children's Park, in the top end of the courtyard developments and the low to mid range of the luxury apartments. Most of the apartments in the Park View Residence are priced within this bracket. There is a reasonable amount of choice within this category, but it is very seasonal as consultants and expats tend to come for the summer or milder months and go home for winter. There are a lot of developments outside of the city which form compounds with security and services within, but they require you to have transport to and from the city centre.

2,500USD upwards

From 2,500 USD you can have access to some of the best real estate in the city, generally situated around the park. This would include penthouses and large apartments. From 3,000USD it might even be possible to have a small townhouse in the Star Apartments, but there is still a long waiting list.
 

A website part of the APIPCorp Network:
Investment Mongolia Real estate mongolia regency residence Mongolian Resorts, Travel, Tours and Adventure Securities Mongolia Cashmere Mongolia Travel Tour Mongolia Oasis Nightclub and lounge Belgravia Mining Ulaanbaatar Mongolia Central Asian Cement Ulaanbaatar Mongolia