Affordable apartments in UAE | The United Arab Emirates (UAE) is a diverse and vibrant nation that accommodates the housing needs of its diverse population, ranging from budget-conscious individuals to those seeking lavish living experiences amidst green landscapes. A recent study conducted by the real estate portal Property Finder, utilizing data from the past year, has unveiled the ideal neighborhoods to cater to various home-seekers’ preferences across the UAE. These findings are based on insights and property data facilitated by Data Guru, a new feature recently introduced by Property Finder.
In Sharjah, budget-conscious residents can find economical housing options in neighborhoods such as Al Khan, where one-bedroom apartments can be rented for approximately Dh23,000 per annum, and Muwaileh, offering rental rates starting at Dh20,000 per year.
Dubai, too, has its share of budget-friendly locales. Al Furjan, Discovery Gardens, Dubai Investment Park, Dubai Land, Dubai Silicon Oasis, Jumeirah Village Circle, and Dubai Sports City present one-bedroom apartment rentals for about Dh46,000 annually or ownership opportunities for Dh532,000.
“Al Qusais, Deira, and Bur Dubai also have a plethora of budget-friendly choices,” according to Property Finder.
Green Oasis Living
For those who cherish green surroundings, Sharjah’s Aljada, Al Rahmanya, and Tilal City offer a variety of affordable housing options. In Aljada, renting a studio apartment costs around Dh23,000 per annum, while two-bedroom villa ownership is priced at approximately Dh1,392,000.
In Dubai, neighborhoods like The Greens, Jumeirah Golf Estates, Al Barari, Mirdif, and Damac Hills offer one-bedroom apartment rentals at an average of Dh67,000 per year, with ownership options starting at Dh893,000.
Business Bay, DIFC, Downtown Dubai, Dubai Marina, Palm Jumeirah, and Jumeirah Beach Residences present an array of premium facilities for those seeking a luxury lifestyle. The average rent for one-bedroom apartments in these areas is around Dh110,500 per annum, with ownership options starting at Dh1,626,500.
Al Majaz and Maryam Island in Sharjah offer luxury living, with the average ownership prices for two-bedroom units ranging from Dh638,000 to Dh1,026,000, respectively.
Abu Dhabi also boasts premium properties, providing residents with island-style living in Yas, Al Maryah, and Saadiyat.
Top family-friendly neighborhoods in Dubai include Al Barsha, Arabian Ranches, Al Furjan, Motor City, and Dubai Silicon Oasis.
In Sharjah, Al Khan, Al Qasba, and Al Taawun are excellent choices for families, with an abundance of supermarkets, schools, and malls in close proximity.
Ras Al Khaimah
Ras Al Khaimah offers family-friendly living in Al Marjan Island, Mina Al Arab, Al Nakheel, and Al Hamra Village, all equipped with amenities for both parents and children.
Al Raha Beach in Abu Dhabi is a popular family-oriented community, offering one-bedroom apartment rentals at an average rate of Dh62,000 per year.
Waterfront living enthusiasts can explore popular areas such as Al Sufouh, Jumeirah, Dubai Creek Harbour, Dubai Marina, and Palm Jumeirah. One-bedroom apartments for yearly rentals typically cost around Dh103,000, while ownership starts at Dh1,372,000.
Ras Al Khaimah
Seafront communities in Ras Al Khaimah, such as Al Marjan Island and Mina Al Arab, are also gaining popularity. Al Marjan offers two-bedroom apartments with an average rent of approximately Dh53,000 per year and ownership opportunities for Dh1,038,000.
In the UAE, the real estate market caters to a wide spectrum of residents, ensuring that everyone can find a place to call home. Whether you seek budget-friendly accommodations, green landscapes, luxurious living, family-friendly environments, or waterfront residences, the UAE has a diverse array of options to suit your preferences and needs.