Dubai, the city of gold, has always been a top favorite in the UAE for expats to live in. Earlier, it was hard to find an offer for villas for sale in Dubai at budget-friendly rates. However, like many other things, COVID-19 changes property rates in the emirate as well. This enabled many people to realize their dream of owning a property in Dubai.
Although the property rates in the emirate have somehow recovered, you can still find unbelievably affordable ones if you know where to look.
Affordable Residence Place in Dubai
On this note, we’re going to tell you about some of the most budget-friendly areas of Dubai where you can rent a place as low as Dh 14,000 per annum. And they are:
The International City was developed by Nakheel developers back in 2002. Undoubtedly, it is the most affordable area in Dubai in terms of rent. Spread across an area of 8 million square meters, this neighborhood has everything one desires within a community. It is divided into 10 clusters each inspired by a country and surrounded by lush green garden spaces.
You can rent studio apartments here for as low as Dh 14000 per annum here.
The oldest commercial district of Dubai is surprisingly another affordable area within the Emirate. Bordered by Dubai Creek, Sharjah and the Arabian Gulf, it is one of the top-favorite destinations in the emirate to reside.
Not only is it a bustling commercial hub, but it’s also home to the oldest mall in the Emirate and the world-renowned ‘Gold Souk’. Furthermore, Deira is a melting pot of cultures where the residents are bound to get unbeatable cultural awareness.
Those who are looking for apartments for rent near the iconic Dhow Wharf can easily rent a studio in Deira for as much as Dh. 15,000 per annum.
Dubai Sports City
The iconic Dubai Sports City is another pocket-friendly locality in the city of gold. Situated on the Mohammed Bin Zayed Rd, it’s the perfect place for sports lovers to be. It’s the only community within the emirate that offers a sports-centric lifestyle.
By living here, you’ll be just a few steps away from the Dubai International Cricket Stadium. So, if you’re into sports and are searching for a place to buy an apartment for sale in Dubai where you can lead an active life, Dubai Sports City will be perfect for you.
Not only are the property prices here are pretty economical, but even the rents are also too. You can easily rent a studio here for Dh. 17,500 per annum.
Jumeirah Village Circle
If you’re looking for a serene and peaceful community in Dubai that is perfect for a family lifestyle, JVC is the right choice for you. It is developed by the real estate giant Nakheel and located next to Dubai Miracle Gardens. The community is dotted with a variety of retail outlets, eateries and several other leisure options.
Even with all these facilities, you can still get a studio here for Dh. 22,000 per annum.
In a nutshell, Dubai has an abundant supply of residential units from which you can choose from as per your budget. So, before finalizing any property, check that it’s the right one for you.