And with affordable budgets
28 November 2018
| Last updated on 19 January 2020
Rent in Dubai may be expensive
But that’s only when you step into busy and popular zones, there are loads of areas in Dubai that are offering great monetary value in return for spacious apartments in the UAE.
These locations are not that far off from the centre of Dubai, nor are they a ghost town – including Deira, Dubai Sports City, Discovery Gardens, Jumeirah Village and more.
While it may be cost effective to find an apartment near your work or your children’s schools, real estate in the UAE continues to fluctuate month by month.
However, some locations will always remain affordable and great to live in all year long.
Most affordable areas in Dubai
So here are the most affordable locations in Dubai:
1. Deira
Find an apartment in Deira would be extremely cost-effective to your wallet.
This bustling area of the city is always filled with life and movement and apartments can range between AED35,000 to AED65,000 a year for a one-bedroom.
2. Jumeirah Village
In this community style area in Dubai, apartments range between AED40,000 to AED57,000 a year.
3. Dubai Sports City
Located near Dubai Studio City and Motor City, flats in Dubai Sports city have an affordable price tag of AED60,000 to AED80,000 a year.
4. Jebel Ali
While it might be further off Dubai and towards Abu Dhabi Road, Discovery Garden apartments have rent of AED45,000 to AED55,000 per year.
5. International City
Tenants who wish to relocate to International City can find one-bedroom apartments for AED32,000 to AED42,000 a year.
Most expensive areas in Dubai
And if those areas are too far from your work, school or desired location, here are Dubai’s most expensive areas for a one-bedroom apartment.
1. Dubai Marina
This key location filled with skyscrapers in Dubai is located near the popular JBR strip but comes with a pretty high price tag.
One bedroom apartments in Dubai Marina cost AED50,000 to AED100,000 a year.
2. The Greens
This area near Barsha Heights and The Lakes, is a popular location with families and companies alike.
A one bedroom can cost you between AED60,000 to AED80,000 a year.
3. Palm Jumeirah
Apartments on the man-made island, Palm Jumeirah, go for AED70,000 to AED130,000 for a one bedroom.
4. DIFC
With views of Burj Khalifa and more, DIFC is a popular district with institutions and residential buildings – one bedroom will cost you AED70,000 to AED110,000 a year.
5. JBR
Neighbouring Dubai Marina, one bedroom apartments located on the strip of the Jumeirah Beach Residence can go for AED70,000 to AED95,000 per year.
6. Downtown Dubai
This Dubai hotspot located might be gorgeous to live in but will cost you between AED60,000 to AED100,000 for a one bedroom.
- Tags:
- real estate
- Apartments
- dubai