As the Emirates’ capital, Abu Dhabi offers a cosmopolitan lifestyle. Iconic landmarks and well-developed infrastructure make the city an attractive choice for their homes. That said, one can find several options to buy or rent an apartment in Abu Dhabi. Apartments for rent in such a city have their perks. That said, we have gathered the details of top non-luxury areas to rent an apartment in Abu Dhabi. Let’s explore them.
LIST OF NON-LUXURY AREAS TO RENT AN APARTMENT IN ABU DHABI
According to Abu Dhabi Q1 rental market report 2023 by dubizzle, apartments have been a popular choice among residents. As per the report, here are the affordable areas in Abu Dhabi which are a top choice for renting an apartment.
MOHAMMED BIN ZAYED CITY
Nestled in the mainland of Abu Dhabi, Mohammed Bin Zayed City is a popular choice among tenants. Apart from its proximity to Dubai, the area offers many residency options.
Moreover, it provides the benefits of a gated community and several everyday amenities.
Schools, parking spaces, healthcare centres and worship places are within easy reach. Besides, the area consists of zones which offer different properties such as villas, apartments and townhouses. As per the Q1 report, the tenants have paid AED 39k as the average yearly rent for apartments in this area.
Additionally, the studio apartments for rent in Mohammed Bin Zayed City have increased yearly rent by 1.98%. Besides, the annual average rental increase for one and two-bedroom apartments has been 2.25% and 0.15%, respectively.
The tenants have paid AED 27k to rent a studio apartment, AED 39k for a one-bedroom apartment and AED 47k for two-bedroom units on average. Here are apartments and flats for rent in Mohammad Bin Zayed City at budget-friendly prices.
KHALIFA CITY A
Located along the highway to Dubai, Khalifa City A is among the top affordable areas to rent an apartment in Abu Dhabi. As a project by Aldar, a well-known real estate developer in Abu Dhabi, the area offers easy access to the main parts of the Capital.
One can easily find supermarkets, a golf course, schools and several points of attraction. Besides, the development offers villa compounds, villas and apartments with an upscale lifestyle. For rented apartments, the tenants have paid an average yearly rental price of AED 35k.
During Q1 2023, the average rental prices for two-bed apartments for rent in Khalifa City increased by 6.10%. Meanwhile, the average rental price for one-bed and studio units has decreased by 0.22% and 4.22%, respectively.
Besides, the studio apartments for rent in Khalifa City A have a rental average price of AED 27k. The one and two-bedroom apartments have average rental prices of AED 41k and AED 62k, respectively.
AL MUROOR
Next on the list of top affordable areas to rent an apartment in Abu Dhabi is Al Muroor. Situated between Downtown Abu Dhabi and the Embassies District, one is spoilt for residency options in Al Muroor. The area also offers a host of commercial properties for rent such as co-working spaces in Abu Dhabi, suited to everyone’s budget.
Paid parking spaces, easy access to public transportation and a host of entertainment spots are some of the perks of living in Al Muroor. Moreover, for apartments on rent in the area, the tenants have paid an average yearly rent of AED 40k which has decreased by 3.34% since Q4 2022.
In addition, the average yearly rental price for studio and one-bed units has decreased by 2.95% and 1.26%, respectively. On the other hand, the two-bedroom apartments for rent in Al Muroor, Abu Dhabi have witnessed a decrease which is by 5.90%.
The average rental prices in Al Muroor for Q1 2023 include AED 38k for one-bed apartments, AED 50k for two-bed units and AED 28k for studios. Moreover, one can sift through the apartments and flats for rent in Al Muroor that best suit their needs.
AL KHALIDIYAH
Known as the cultural hub of Abu Dhabi, Al Khalidiya is located in the heart of the capital. It is among the top rental choices among locals and expats. The gated neighbourhood provides quick access to beaches, parks and commercial spots in the city.
Al Khalidiyah is home to mixed properties with mid to high-rise apartment buildings. The area offers several spots for everyday amenities and activities. Whether a health clinic, a school or a nursery, one will find all the places in the vicinity of this neighbourhood.
The average rental prices for apartments in Al Khalidiyah have increased to AED 62k in Q1 2023. Besides, the average yearly rental price for studio and one-bed units has increased by 2.67% and 11.09%, respectively. On the other hand, the two-bedroom apartments have an increase which is by 8.51% from Q4 2022.
Additionally, the studio apartments for rent in Al Khalidiyah have a rental average price of AED 29k. The one and two-bedroom apartments have average rental prices of AED 53k and AED 68k, respectively.
HAMDAN STREET
Hamdan Street has also made it to the list of affordable areas to rent an apartment in Abu Dhabi. It is one of the oldest areas of the city. Also, it houses several residential and commercial properties for rent in Abu Dhabi. Speaking of apartments, the tenants have paid a rental average price of AED 59k in Q1 2023.
The neighbourhood offers several affordable apartment complexes to rent. One can also opt for a series of towering buildings, shopping outlets and hotels, all at budget-friendly prices.
Additionally, the studio apartments for rent in Hamdan Street have shown a decrease in average yearly rent by 1.98%. Also, the average annual rental increase for one and two-bedroom apartments has been 3.84% and 2.77%, respectively.
On average, the tenants have paid AED 34k to rent a studio apartment. Meanwhile, a one-bedroom apartment in Hamdan Street for rent costs AED 45k per annum and AED 60k for two-bedroom units. Therefore, one can consider these trends before renting an apartment on Hamdan Street.
This concludes our list of top affordable areas to rent an apartment in Abu Dhabi. One can opt for the above-mentioned options to rent an apartment in Abu Dhabi that offer several amenities and easy access to the main parts of the city. Besides, it is also crucial to understand the pros and cons of living in an apartment before renting one.
Apart from apartments for rent in Abu Dhabi, if one is looking for other residency options, browse through these different properties for rent in Abu Dhabi.
Stay connected to dubizzle’s property blog for more on different area insights and their properties.
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