Top 7 most budget-friendly places to live in Dubai (2019) Research
Most of us have that thinking that renting an apartment in Dubai could somehow be costly. This statement could be proven true given that your monthly income isn’t stable or is tight. Nonetheless, the right time to find an affordable apartment for rent in Dubai is now since rents are still on decline. Good news for those who are on a strict budget and looking for affordable and negotiable rental deals. The opportunity to find a budget-friendly apartment is now within your reach.
According to property experts and real estate market analysts, 2019 is the best time to rent an apartment in Dubai. Landlords are looking forward to get their properties rented by offering flexible payment options for tenants and giving deals like rent free periods, offering incentives, and multiple cheque payments. In the last 12 months, rental prices have dropped by more than 15 per cent. While this trend in the real estate rental market is ongoing, it’s best to take advantage of it and find an affordable apartment for rent right away.
Although a lot of areas in Dubai are becoming budget-friendly, the areas which are centrally located like the Arabian Ranches, Arabian Ranches 2, increased in rental rates from 1.5 per cent to 3.7 per cent. So it’s best to do extensive research and carefully do price comparisons so you could get the best possible deal and the most affordable property that you are looking. Without further ado, here are the 7 most budget-friendly places to live in Dubai this 2019:
International City – This area is divided into many clusters and you can rent an apartment in this area for as low as AED 32,998! International City is populated with various food establishments, shops, groceries, and more. Though public transportation is quite difficult in the area, there are bus stops in International City which would take you to the nearest Metro Station which is in Rashidiya. Dragon Mart, a huge shopping mall populated with hundreds of retail stores, and also an event venue, is also located in International City.
Dubai South – This is an emerging area in Dubai which is known as a master-planned city based on the happiness of each individual. The lowest rental rate here goes at AED 40,417! Not only is it affordable but this area is also known as the host for the most awaited Expo 2020! It’s also home to the world’s largest airport in the making which is the Al Maktoum International Airport. Dubai South could be easily accessed via Downtown Dubai and Abu Dhabi. Grab the chance to rent an apartment here!
IMPZ – For as low as AED 43,266 you could find your dream home in IMPZ. Also known as International Media Production Zone, IMPZ shares a list of quality yet affordable apartments that you can rent. One notable building in IMPZ is the Qasr Sabah which provides affordable 1 bedroom apartments complete with amazing building amenities. The location of IMPZ could be accessed via Al Khail Road and is only a few minutes away from the Business Bay and Downtown Dubai.
Dubai Sports City – Are you looking for a place where you can experience an active and healthy lifestyle? Dubai Sports City offers it all for you! For as low as AED 54,709 you can rent your dream home here! The area hosts a lot of green parks where you can unwind and relax after a tiring day. There are plenty of jogging tracks and biking lanes in the area as well, which gives you the opportunity to maintain an active and healthy lifestyle. There are also a lot of sporting facilities which you can utilize in the area.
Jumeirah Village Circle – The area isn’t just famous for its amazing villas but it also offers affordable apartments for rent for as low as AED 60,373! And what’s better than the affordable unit is the amazing community that Jumeirah Village Circle offers. You’ll be able to see artistically designed homes plenty of spaces for rest and recreation as well. The community is populated with green parks and it could be easily accessed too! The overall look and feel of the community would make you feel that you are safe and secured.
Green Community – If you’re looking for the best area where you can feel refreshed and reenergized all the time, then look for a property for rent in the Green Community! The going rental rate in this area is at AED 71,921! At that amount you’ll be able to live in a comfortable and decent home while enjoying a refreshing and relaxing stay in a lush green community which takes you away from the hustle and bustle of the city life. This area is best recommended if you own a car.
Motor City – You can rent a property here at the rate of AED 78,070! That amount gives you the chance to live in a decent and well-maintained apartment with the promise of belonging to an ideal and peaceful community. Motor City is a great place for families as the community is designed to accommodate them. The area is also populated with a lot of spaces for rest and recreation complete with great amenities which will make your stay much more enjoyable. While there are means of public transportation which you can utilize in the area, it’s ideal to rent an apartment in Motor City of you have a vehicle of your own.