Are you looking for the most affordable housing units in Dubai? Then you will be glad to know that there are numerous 1BR apartments that you can rent at a lower price. The rents for these apartments start at an annual rate of 36,000AED.
Al Nahda
Al Nahda in Sharjah and Dubai presents the best living options for people who are looking for affordable accommodations along with easy access to everything that is needed for a comfortable and convenient life. The high quality of living, cheap rents as well as proximity to the best infrastructure makes Al Nahda one of the best places to live in Dubai. The price for a 1BR apartment starts from AED 50,000 per year.
IMPZ
IMPZ is a fairly new area but it has become a very popular place for the middle-income expats to live. It also topped the chart for being the most affordable area for home rentals in the year 2015. The average rent at IMPZ for a spacious 1BR apartment is AED 57,000.
There was a time when Deira used to be the main commercial hub of the city of Dubai. While it surely has lost some of its former glory, it is still one of the most vibrant and busy areas of the city. The average rent in this area starts from about AED 63,000.
Dubai Silicon Oasis
Dubai Silicon Oasis is widely considered as one of the best places to live for people who are looking for affordable and cost effective living options in Dubai. Not only the houses here offer cheap rental options but the shops nearby also present with pocket friendly options. The average rental prices for apartments in this area are about AED 60,000.
Discovery Gardens
The Discovery Gardens is widely considered by many to be an important strategic residential hub for professionals who are working in Al Maktoum and Jebel Ali Airport areas. The area offers convenient living options for reasonable prices. Generally, 1BR apartments come at an average price of around AED 68,000.
Apart from the locations described above, Jumeirah Park or Jumeirah Islands and Dubailand are some of the cheapest areas in Dubai for people to rent 1 bed units. Moreover, these neighborhoods are ranked as some of the best in all of Dubai which means that they always come with the finest living facilities. A number of surveys conducted by some of the leading property and real estate websites suggest that the average annual rentals for one bed apartments in these two areas are somewhere near AED 63,000 and AED 64,000. The annual rents for all 2 bed units in these respective areas are around AED 80,000 and AED 95,000.
There have also been reports of a lot of departures taking place in these top neighborhoods, particularly in the combined Dubai Marina and Jumeirah Beach Residential area. Here, one bedroom and two bedroom units are made available for only Dh116,000 and Dh184,000 respectively. In the combined Downtown Dubai/ DIFC areas, there is also a lot of outflow than the inflow of residents. The annual average rental prices for one bedroom apartments and two bedroom apartments are Dh139,000 and Dh222,000 respectively.
The rental prices for 1 and 2 bedroom apartments in areas like Jebel Ali Village and Discovery Gardens lie somewhere around Dh81,000 and Dh85,000, and they can be leased for prices like Dh86,000 and Dh153,000 in Jumeirah Village.
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