Most Budget-Friendly Residential Areas In Dubai
Property Finder recently announced the debut of Data Guru, an entirely new one-stop solution for all homeseeker enquiries. Based on listing data from the last twelve months, driven by Data Guru, Property Finder has identified some of the finest communities to consider for various types of home seekers in the UAE. Al Furjan, Discovery Gardens, Dubai Investment Park, Dubai Land, Dubai Silicon Oasis, Jumeirah Village Circle and Dubai Sports City are good budget-friendly options to look at in New Dubai. The average price in these areas for one-bedroom apartments is around AED 46,000 per year for rentals and AED 532,000 for ownership. Some of Old Dubai’s much-loved cultural neighborhoods including Al Qusais, Deira and Bur Dubai also have a lot of budget-friendly options to offer. In Sharjah, some of the price-friendly neighborhoods include one-bedroom apartments in Al Khan available for rent for around AED 23,000 and Muwaileh around AED 20,000 per year. Sharjah’s newest hotspot – Aljada offers a range of affordable housing options, along with Al Rahmanya and Tilal City. Average price for a studio apartment rental in Aljada is around AED 23,000 per year, while ownership prices for two-bedroom villas are around AED1,392,000. A variety of rental and ownership options in Dubai also offer greener housing options to choose from. These include the Greens, Jumeirah Golf Estates, Al Barari, Mirdif and Damac Hills. With average one-bedroom apartment rentals costing around AED 67,000 per year and ownership priced at AED 893,000, these communities offer access to well-planned facilities along with gated projects, designed for the wellbeing of residents and visitors alike. Al Barsha, Arabian Ranches, Al Furjan, Motor City and Dubai Silicon Oasis are top locations to opt for a family-friendly address in Dubai. In Sharjah, homeseekers can look at Al Khan, Al Qasba and Al Taawun for greater convenience with a wide range of supermarkets, schools and malls nearby, along with easy connectivity to other Emirates. Ras Al Khaimah’s Al Marjan Island, Mina Al Arab, Al Nakheel and Al Hamra Village are also some of the most suited areas with amazing amenities for parents and children alike. With average rents around AED 62,000 per year, for a one-bedroom apartment, Al Raha Beach is one of the popular family-suited communities in Abu Dhabi. Having a home in any of these areas puts you in easy reach from top schools, community living centers, play areas and more. More people are also considering seafront communities like Al Marjan Island and Mina Al Arab in Ras Al Khaimah for the plenty of diverse housing options they offer. Al Marjan also offers two-bedroom apartment options with average costs around AED 53,000 for rent per year and AED 1,038,000 for ownership. Across all the above options, homeseekers have a wide range of rental and ownership options to choose from which can be easily assessed better by using the Rent vs Buy calculator on Data Guru, to find the most profitable option by calculating the potential monthly rent and mortgage costs.
Tags : Property Finder announced debut Data Guru one-stop solution homeseeker enquiries communities UAE budget-friendly Dubai Investment Park Dubai Land Dubai Silicon Oasis Jumeirah Village Circle Dubai Sports City rental ownership greener housing