Finding affordable apartments for rent in Dubai can be a challenge, but it is not impossible. According to the Global Wealth and Lifestyle Report by Julius Baer, a Swiss financial institution, Dubai ranks 14th in the list of the most expensive cities to live for the ultra-wealthy. It is a cosmopolitan city with world-class infrastructure, good law & order, education, healthcare, recreational facilities, and endless employment opportunities. Despite being an opulent city that has become an abode for the rich, Dubai is highly diverse and inclusive in terms of its demography and economy, as it welcomes talent from various fields of life.
Due to the rising inflation around the globe, several fluctuations have been recorded in the prices of apartments for rent in Dubai but due to the broad real estate market of the place, customers get access to a wide range of properties for sale, rent or lease. Dubai has a good supply of residential properties in the off-plan as well as ready-to-move-in categories for customers to choose from.
So, if you are someone searching for apartments for rent in Dubai, we have listed the nine most affordable areas in Dubai where you can choose from:
Dubai Sports City
This place offers you impressive sports facilities at reasonably good prices. It has a functional network of public transit with the convenience of supermarkets, malls, restaurants and schools. It’s a great deal for those seeking apartments for rent in Dubai. Some places of recreation in proximity to this locality are Dubai Miracle Gardens, Arabian Ranches, Dubai Marina, Mall of the Emirates, and Dubai International Airport. A studio for rent in Dubai will cost you around AED 20k per year. 1 bed or 2 bedroom apartments for rent in Dubai will be for AED 31,997/year and AED 42,000/year respectively.
Jumeirah Village Circle
It is one of the most popular destinations for families to live in with the peace and proximity to locations like Dubai International Airport, Mall of the Emirates, and motor city among others. Apartments for rent in Dubai could be expensive but here, 1-bed at AED 42k and 2-bed at AED 50k per year is a deal worth considering. A studio for rent in Dubai will cost approximately AED 23k for a year.
This area is divided into country-themed clusters imitating the architecture of countries like China, France, England, Greece, Russia, Spain, etc. It was developed by the Nakheel Group to give a budget-friendly experience of the world to its residents and visitors. Rent Dubai apartments with 1-bed or 2-bed will cost approximately AED 25k and AED 41k per annum.
Apartments for rent in Dubai come in varying prices, sizes and categories to suit your requirements. Away from Dubai’s downtown, it is a great place to stay near parks, supermarkets, nurseries, health centres, clinics and cafes in its locality. The average price at which you can rent an apartment varies from AED 29,999/year for 1-bed and AED 39,999/year for 2-bed apartments. Studio apartments will cost about AED 20k per annum.
It has one of the cheapest apartments available for rent in Dubai. Interestingly, this is the place that hosted the Dubai World Expo. Studio costs around AED 20k a year, while 1-bed and 2-bed apartments cost AED 28k to 45k per year.
Dubai Production City
As the name speaks for itself, this is a great city for those employed in the entertainment or media production industry. Earlier, it was known as the International Media Production Zone (IMPZ). It is a good community to stay, work and relax with studio apartments in the range of AED 19k, 1 bed and 2-bed apartments at around AED 32k and 45k.
Dubai Silicon Oasis
This is Dubai’s very own silicon valley with endless business opportunities in terms of making a tech business profusely successful. It has a good number of commercial spaces to support the burgeoning industry so if you are someone seeking to make a career in this industry, renting an apartment in this area will help you reduce your travel time as well as expenses. It is surrounded by International City, Academic City, and Nad Al Sheba.
International City, Dubai Festival City, Dubai International Airport, Dubai Mall and Deira are some of the close attractions in this area. Not to forget that the place offers you nice places to visit like restaurants, cafes, shopping centres, etc. Rent for Studio apartments costs AED 23k/year. 1-bed and 2-bed categories range from at least AED 32k to 45k a year.
This area is full of lush green sites for leisure and relaxation. It has been developed by Dubai Properties which are among the most well-known developers in Dubai. Apartments here will surely surprise you with their affordable prices. There are several attractions in proximity to this area like the Motor City, Dubai Production City, Dubai Marina and Mall of the emirates. The range of prices for a Studio is AED 20,999/year, a 1-bedroom apartment is AED 36,000/year, 2-bedroom apartment is about AED 47,000/year.
Jumeirah Village triangle
This is a locality with elegant building structures and offers cheap villas for rent in Dubai. This is a fantastic combination of luxury and affordability in Dubai. It is a place where you could make the most of your weekends by going to places like gyms, sports complexes, restaurants, cafes and more. It is close to attractive locations such as The Walk JBR, Mall of the Palm Jumeirah, Dubai International Airport, Dubai Mall and Al Maktoum Airport. Apartments for rent cost about AED 75,000/year for 1-bedroom villas and AED 105,000/year for 2-bedroom villas.
You can also look for cheap villas for rent in Dubai within the range of AED 70k to AED 1,50000 a year depending on the size and location of the villa. Akoya, Mira Oasis, and the Springs are some of the popular areas to search for one. Renting apartments is an intelligent way to reside in any location for the convenience of low maintenance and liability associated with any property.