Which are the Cheapest Areas in Dubai to Rent an Apartment? [Guide for New Expats]
The city of Dubai is remarkable and has a lot to offer ex-pats. If you are debating whether or not it is the right moment to relocate to Dubai, there are a few points that you need to first take into consideration. Because the city is constantly expanding, new neighborhoods for people to live in are continually being created as part of this process.
Because of this, deciding about a room for rent in Dubai or where you want to reside might be challenging, particularly if you are unfamiliar with the area. In this article, we will discuss the several areas of Dubai ideal for foreigners looking to rent studio apartments.
How much do you need to spend on accommodation?
We have narrowed down the alternatives based on the average rental price for each room type to provide you with the most accurate choices possible. In addition, we think that the minimum salary required to get a studio apartment for rent in Dubai is 5,000 AED per month.
In addition, you will be responsible for making a security deposit typically equivalent to five percent of the total annual rent. Your security deposit will be returned to you after your lease, providing that the rental property was not damaged.
Let's look at some of the most desirable neighborhoods in Dubai now that you have an idea of how much you need to include in your budget for lodging, shall we?
When deciding on a neighborhood, some of the things you should take into consideration are the following:
· Location close to important sites and attractions
· Accessibility to various forms of public transit
· The existence of an active foreign resident community
· The overall expense of maintaining one's lifestyle in the region
When we look at some of the top neighborhoods in Dubai for ex-pats to rent property, keep these considerations in mind as we do so!
If your salary is 5,000 Emirati dirhams (AED), these are the best places to have a house for rent in Dubai:
Best Places in Dubai to Rent an Apartment under AED 5K
1. Al Quoz
Young professionals hoping to be close to their places of employment and enjoy Dubai's nightlife will find Al Quoz an excellent alternative.
An annual rent of approximately 33,000 AED is typical for a studio flat in the Al Quoz neighborhood. The neighborhood is home to a large number of well-known eating establishments and drinking establishments, in addition to art galleries and places to see live music.
2. Business Bay
Young professionals and aspiring business owners will feel at home in Business Bay. An annual rent of AED 38,000 is typical for a studio apartment in the Business Bay neighborhood.
The region is home to a significant number of newly established businesses in the technology sector. Coworking spaces are plentiful in Business Bay, which is located close to the Dubai Mall and the Burj Khalifa. You can also visit this place to get bed space for rent in Dubai.
3. The Heights of Barsha (Tecom)
Those searching for a more reasonably priced place to call home in Dubai should seriously consider Tecom as an option. The annual rent for a Tecom studio apartment is typically around 32,000 AED.
4. Discovery Gardens
The neighborhood of Discovery Gardens is ideal for people who want to raise their families in a calmer, more laid-back setting. The annual rent in Discovery Gardens is an average of 36,000 AED for a studio apartment.
5. Al Nahda
Next, we have the place of Al Nahda! The annual rent for renting the studio apartment in Al Nahda is around AED 30,000. In addition, the region is home to some medical facilities and educational institutions.
6. Dubai Silicon Oasis
The Dubai Silicon Oasis is an ideal location for business owners and people working in the technology industry. On average, an annual rent of AED 34,000 is required to secure a studio apartment in Dubai Silicon Oasis.
The region is home to a significant number of newly established businesses in the technology sector. Do visit this place to catch ideas of office for rent in Dubai.
7. Media City
Those employed in the advertising or media industries will find Media City an ideal location. The annual rent for having a studio apartment in Media City is almost AED 45,000. The region is home to several companies involved in the media and advertising industries.
8. Sports City
Those who want to live close to the action will find that Sports City is the ideal place to do so. On average, an annual rent of AED 43,000 is required to secure a studio apartment in Sports City. In addition to being home to several restaurants and bars, this neighborhood also features a variety of sports facilities.
Those looking for affordable housing close to the city centre and who do not want to spend a lot of money on rent will find IMPZ an excellent option. Visit this place to catch ideas of 2 bedrooms apartment for rent in Dubai.
An annual rent of AED 41,000 is required for the typical IMPZ studio apartment. In addition, the region is home to a variety of medical facilities as well as educational institutions.
10. Jumeirah Lakes Towers
The Jumeirah Lakes Towers community is ideal for newly established businesses and young professionals. In Jumeirah Lakes Towers, the annual rent for a studio apartment is typically around AED 44,000. The region is home to a significant number of newly established businesses in the technology sector.
Get more information on Dubai rental properties from Waperty
To collect more information about Dubai rental properties or to see the best areas for renting apartments, visit Waperty. We have a huge collection of data and information for you to let you know which areas have apartments, rooms or houses for you according to your budget.