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Dubai’s 10 cheapest areas to rent a home

Dubai’s 10 cheapest areas to rent a home

For those looking to rent a home in Dubai on a budget, here are 10 of the cheapest areas to consider

Dubai’s thriving real estate market features a diverse range of residential options, including apartments, villas, and townhouses. These properties are spread across various neighborhoods, with rental prices varying significantly based on factors such as location, proximity to public transport, nearby landmarks, available amenities, and more.

Here is all you need to know about the 10 cheapest areas to rent a home in Dubai:

Liwan

1-bedroom apartment: AED30,000 – AED32,000 per year

2-bedroom apartment: AED44,000 – AED46,000 per year

3-bedroom apartment: AED58,000 – AED62,000 per year

 

Deira

Average rent:

Studio: AED25,000 – AED35,000 per year

1-bedroom: AED35,000 – AED45,000 per year

 

Discovery Gardens

Studio: AED25,000 – AED35,000 per year

1 Bedroom: AED35,000 – AED50,000 per year

 

International City

Average rent:

1-bedroom apartment: AED36,000 per year

2-bedroom apartment: AED49,000 per year

3-bedroom apartment: AED85,000 per year

 

Al Muhaisnah

Average rent:

1-bedroom apartment: AED37,000 – AED40,000 per year

2-bedroom apartment: AED50,000 – AED55,000 per year

3-bedroom apartment: AED70,000 – AED74,000 per year

 

Al Warsan

Average rent:

1-bedroom apartment: AED43,000 per year

2-bedroom apartment: AED58,000 per year

3-bedroom apartment: AED82,000 per year

 

Dubai South

Average rent:

1-bedroom apartment: AED45,000 per year

2-bedroom apartment: AED65,000 per year

3-bedroom apartment: AED100,000 per year

 

Dubai Investment Park (DIP)

Average rent:

1-bedroom apartment: AED50,000 per year

2-bedroom apartment: AED72,000 per year

3-bedroom apartment: AED83,000 per year

 

Bur Dubai

1-bedroom apartment: AED59,000 per year

2-bedroom apartment: AED79,000 per year

3-bedroom apartment: AED108,000 per year

 

Jumeirah Village Circle (JVC)

Average rent:

1-bedroom apartment: AED64,000 per year

2-bedroom apartment: AED89,000 per year

3-bedroom apartment: AED138,000 per year

 

On Monday, Arabian Business reported that rents for apartments and villas in Dubai is on an incline following a $10 billion real estate market boom last year. According to a recent report by Provident Property Management, the average price for renting apartments in the city are approximately AED73 ($20) per square foot so far this year, up from around AED62 ($17) per square foot at the same time last year.

Villas and townhouses, during the same period have climbed to AED76 ($21) per square foot from AED54 ($15) per square foot.

 

Source: https://www.arabianbusiness.com/industries/real-estate/revealed-dubais-10-cheapest-areas-to-rent-a-home

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