Finding a location to call home in Dubai is never an easy task to accomplish. The desire for bigger yields from landlords and commission-driven real estate agents will constantly drive rents even higher, leaving tenants trying to find reasonably priced rental units in the city center. But within limited budget, now you can find some suitable places to live in.
Based on free advertisements from landlords and property agencies, we have compiled a list of the most affordable places to live in Dubai. These are the communities where the lowest rents are being requested, and we have listed them below. For your feasibility, we have gathered all the information about the affordable areas of Dubai. So, let us move towards the buy a house in Dubai guide.
Things to Consider Before You Begin Your Search
Before you begin your search for the best cheap locations to live in Dubai, there are a few things you should be aware of regarding the city’s real estate market. The properties in Dubai are divided into two broad categories: freehold homes and non-freehold properties (also known as leasehold properties). According to market analysis and for all practical purposes, non-freehold houses are the most affordable places to reside in Dubai every month. For example, non-freehold communities with fewer commercial developments are less expensive for tenants than freehold neighborhoods with more commercial growth.
Al Awir, Al Baraha, Al Jaffliya, Al Ehibab, Abu Hail, Al Qusais, Al Tawar, Al Qouz, and Satwa are just a few of the well-known and densely populated non-freehold districts in the city. The life style in these areas is fully luxurious and people want to be live here. You can expect to pay a lesser rent in any of these regions than you would in the rest of the town.
Freehold Properties for Sale at Reasonable Prices
Following extensive research on affordable housing in Dubai, the Dubai Real Estate Regulatory Authority (Dubai RERA) recently produced a price index highlighting the most excellent freehold areas to live on a budget in Dubai. The study’s findings also revealed the shifting sentiment of the real estate market in the international city, which had a substantial impact on the city’s property values.
Dubai Sports City (DSC)
The Dubai Sports City (DSC), which covers more than 50 million square feet, is nothing short of a bit of town amid the vast expanse of the Emirate of Dubai. This sports-oriented area includes everything a person could want, from residential to retail, commercial, and sporting facilities, among other things, from a brief trip to the Al Maktoum International Airport to a longer journey along Md. Bin Zayed Road, the road connectivity of DSC, adds value to its property.
Dubai International City
The Dubai International City, located in the Al Warsan neighborhood of Dubai and is quite close to the international airport, is a site you may look around. The European country-style residences that dot this attractive neighborhood add to the overall sense of the area.
Jumeirah Village Circle
The Jumeirah Village Circle, often known as JVC, is a residential and commercial development in the heart of new Dubai. Apartments, townhouses, and villas of the highest quality, all of which are within reach of most people’s budgets, make up this residential hub. JVC is surrounded by high-end neighborhoods such as Emirates Hills and Al Barsha, and it is only a 30-minute drive from essential places such as Dubai Marina and Downtown Dubai. As a result, it attracts a large number of property buyers and renters.
This community is located in a quiet residential neighborhood and features landscaped gardens, a children’s playground, basketball and tennis courts, swimming pools, and security patrol services. Amid a city dominated by skyscrapers, the Gardens is proud to be home to nearly 129 low-rise buildings, including apartment buildings and villas. The Ibn Battuta Mall, which is close by, is a great place to go shopping.
Dubai Investments Park (DIP)
Dubai Investments Park (DIP) is one of the most popular communities in Dubai for those looking for a low-cost place to reside. DIP is a self-contained community with everything it needs both within and outside of it. In addition, the fact that it is only a few minutes from the international airport and is easily accessible to the city’s major thoroughfares makes DIP a popular spot to look for real estate opportunities.
The Discovery Gardens, a world within the globe of Dubai, is a one-of-a-kind place to call home. Within this community, there are six districts, each having a distinct theme and name to distinguish it. The Discovery Gardens, which has been designed with plenty of greenery, provides you with reasonably priced apartments and health and wellness amenities such as cycling and jogging tracks, swimming pools, basketball and volleyball courts, and other options that can help you maintain a healthy lifestyle.
Dubai Silicon Oasis (DSO)
This technology park is located within 15 minutes from Dubai International Airport and is home to various startups. Within the city of Dubai, this 7.2 million square meter region, with its attractive apartments and charming villas, actually serves as an oasis-like haven for those seeking tranquility.
Dubai Production City (DPC)
This 400-hectare enclave along the Sheikh Mohammed Bin Zayed Road is a well-rounded community that offers various residential, business, and lifestyle possibilities for residents of all ages and backgrounds. Other residential alternatives nearby, including the Jumeirah Village Circle, Jumeirah Golf Estates, and Dubai Sports City, providing inhabitants with an abundance of options for their residential needs.
That pretty much sums up the cost of living in some of Dubai’s most affordable neighborhoods. Each of these areas provides the finest amenities at a reasonable price, allowing you to make the most of your time in the City of Gold while staying in one of these neighborhoods. But, before you sign an agreement with the realtor, don’t forget to ask all the questions that come to mind. Weigh all the advantages and disadvantages of the arrangement.