Although Dubai is known for its skyscrapers, luxury homes, and expensive real estate, some areas are cheaper and more accessible to residents.
These are some areas with the cheapest house rental prices in Dubai.
Jumeirah Village Circle (JVC)
Jumeirah Village Circle (JVC) has over 2,000 villas, townhouses, and many apartments. The township developed by Nakheel is divided into several districts, with its sister project, Jumeirah Village Triangle (JVT), comprising districts 10-19 and 1-9.
According to Allsopp & Allsopp's report, JVC recorded a rent increase of 17.31% in the first half of 2023, making it the cheapest apartment complex with an annual average rent of AED 61,000.
international city
Over 22,000 homes are across ten themed International City Nakheel development clusters covering England, Emirates, Russia, Italy, Spain, France, Persia, Greece, Morocco, and China.
The buildings in each cluster are designed in line with the national architectural style of the respective nation.
This area has been the most searched-for affordable monthly rental apartment, with an average rent of AED 2,800.
Dubai South
Dubai South has many residential developments, including townhouses, villas and apartments.
The residential district offers many amenities to its residents, including a hypermarket, retail stores, a sports council, public parks and a school following the British curriculum.
The area also has a public bus route, a gas station and a mosque.
According to Bayut, the average rental price of apartments in Dubai South is AED 47,000 for one-bedroom units and AED 35,000 for studios.
Al Warsan
Al Warsan is a mixed-use neighbourhood with four numbered districts close to International City.
The area consists of freehold sections comprising commercial and residential buildings.
Property Finder says prices in Al Warsan start from AED 33,000.
Dubai Production City (IMPZ
Dubai Production City was established in 2003 and provides retail, residential and commercial infrastructure. Formerly known as the International Media Production Zone or IMPZ, this neighbourhood offers many housing options.
According to Bayut, IMPZ fares range from AED 36,000 to AED 65,000.
Dubai-based Samana Developers has revealed details of its most recent residential project, "Samana Portofino" in Dubai Production City. The project's estimated cost is AED 250 million (approximately $68 million), considering the upcoming residential development in the area.
Damac Hills 2
DAMAC developed this eco-friendly, golf-community neighbourhood in Dubai. The development, formerly known as Akoya, consists of townhouses, villas and apartments.
Each town, divided into Down Town, Equestrian Town, Motor Town, Sports Town and Water Town, offers its citizens a different set of amenities.
Facilities like a swimming pool, tennis court, basketball court, cycling track, and jogging path are available.
The community also has green areas for residents who are interested in gardening.
According to Property Finder, in this neighbourhood, a one-bedroom apartment can be rented for AED 45,000, and a three-bedroom apartment can be rented for AED 70,000.
Satwa
Al Satwa has many retail establishments following low-rise structures and villas. Due to its convenient location between Jumeirah and Sheikh Zayed Road, residents can easily reach various places.
Al Muhaisnah
Al Muhaisnah is a neighbourhood in northeastern Dubai, close to the border between Sharjah and Dubai.
The neighbourhood has several schools, an easily accessible metro station and a mix of villas and apartments.
There are four sub-communities within Al Muhaisnah: Muhaisnah 1, Muhaisnah 2, Muhaisnah 3, and Muhaisnah 4.
Studio and three-bedroom apartments are available, priced from AED 25,000 to AED 66,000.
Bur Dubai
Bur Dubai, one of the oldest neighbourhoods in Dubai, offers a mix of residential and commercial options. There are also consulates nearby.
A wide range of affordable apartments and villas are available in this area. The property type can also affect the rent, ranging from around AED 30,000 to AED 100,000.
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Dubai's property market, characterized by flexibility, provides a financially favourable environment for investors due to its unique advantage of no property tax. Government initiatives, such as long-term visa programs, further boost investor confidence and promote stability in the real estate sector, enhancing collaborative efforts with Rise Infra International.
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