In the last few years, we have witnessed rents in Dubai go up steadily and much faster than in most other parts of the world. Rising rents have inflated the cost of living in Dubai, thus forcing many residents to look for cheaper accommodation in more affordable parts of the city.
MoneyCamel team has compiled a list of the best budget areas where you can find the most affordable apartments for rent, along with enjoying the best that community-living has to offer:
International City – International City offers some of the most affordable apartments for rent in Dubai. Studio apartments for rent are available for AED 30,000-40,000 per year. One bedroom apartments for rent are available for an annual rent of AED 40,000-50,000. Two bedroom apartments for rent are available for AED 50,000-65,000 per year. Residents also have access to many retail and recreation options, since International City is located very close to Dragon Mart and the Dubai Fruit and Vegetable market.
Dubai Silicon Oasis – DSO has become a very popular choice amongst expats looking for affordable apartments for rent in Dubai. Though a bit far from the centre of Dubai, it is easily accessible through Sheikh Mohammed Bin Zayed road and Dubai-Al Ain road. The neighboring Dubai International Academic City houses a number of schools, colleges and university campuses. Although DSO is not yet serviced by the Dubai Metro, RTA has a regular bus service for the area. There are a wide variety of studio and 1-3 bedroom apartments at relatively affordable rents. (Studios between AED 35,000-45,000, 1 bedrooms between AED 50,000-70,000, 2 bedrooms between AED 70,000-85,000.)
Deira – Deira forms the biggest chunk of what is today known as ‘Old Dubai’. A thriving commercial hub and densely populated residential community, Deira offers some reasonably priced apartments for rent. Deira is located along the Dubai Creek and is close to the Dubai International Airport. Deira has a number of shopping malls, retail centers, local souks, schools and much more, making it a self-sufficient community. Studio apartments are available for AED 35,000-45,000, 1 bedroom apartments for AED 50,000-60,000 and 2 bedroom apartments for AED 65,000-80,000.
Bur Dubai, Karama & Satwa – The Bur Dubai community and neighboring areas like Karama and Satwa are filled with residential apartments and commercial properties available for rent. In Bur Dubai, Golden Sands is a popular cluster of buildings offering spacious apartments for rent. The average annual rents in
Bur Dubai - The rent in Bur Dubai currently for studio apartments are between AED 55,000-65,000 and for one bedroom apartments are between AED 80,000-90,000. Bur Dubai is a triving community in Duba with retail centers like BurJuman Mall and Lamcy Plaza, as well as a number of big supermarkets like Spinneys, Choithrams and Carrefour. The community provides easy access to parks, fresh vegetable & fruits markets and some of the most popular restaurants in Dubai. Karama and Satwa are cheaper areas to live in as compared to Bur Dubai. An added advantage of these communities is free home delivery from grocery shops and restaurants even for a small bill. These areas are well connected by the Dubai Metro too.
Discovery Gardens – Discovery Gardens is located in the Jebel Ali area. It is situated next to Sheikh Zayed road and is close to areas like Dubai Marina, JLT, and Media & Internet City. Featuring affordable studio apartments and 1-2 bedroom apartments for rent under AED 100,000, it is popular amongst many expats living in Dubai. The community has all the basic amenities like retail centers, medical centers, supermarkets, pharmacies, mosques, restaurants and cafes.