Known for its glittering lifestyle and burgeoning economy, Dubai is a vibrant cosmopolitan city. For individuals seeking shared accommodation in this bustling metropolis, choosing the right community is crucial. From the luxurious Palm Jumeirah to the dynamic Business Bay, Dubai offers a plethora of options for shared living arrangements. With all that said, let’s discuss more about some of the top communities for shared accommodation in Dubai. We will also walk you through the average rent and sales price trends of different property types.
List of Top Residential Communities for Shared Accommodation in Dubai
Properties in Dubai are known for their luxurious amenities and stunning architecture. The emirate offers a plethora of communities with co-living spaces. These popular communities for shared accommodation in Dubai cater to individuals seeking affordable, safe and vibrant living spaces. Here are some of the best communities for shared accommodation in Dubai.
Disclaimer: The following popular communities are chosen based on transactions conducted on the dubizzle platform and may not accurately represent real estate transactions governed by regulations in the Emirates.
International City
The area presents several options for shared accommodation seekers with its diverse range of apartments and villas. Apartments for rent in International City have an average price of AED 34,000 whereas you can buy them at an average price of AED 481,000. As per the dubizzle data, International City is also one of the popular areas to rent properties in Dubai under AED 80k per year.
Moreover, these apartments offer 6.97% ROI. The community boasts a variety of amenities including retail outlets, restaurants and recreational facilities.
| APARTMENT TYPES | STUDIO | 1-BEDROOM | 2-BEDROOM | 3-BEDROOM |
| Average Sales Price (AED) | 339,000 | 472,000 | 862,000 | 1,413,000 |
| Average Rental Price (AED) | 23,000 | 38,000 | 55,000 | 105,000 |
While primarily known for its diverse range of apartments, International City also offers villas for shared accommodation. With spacious interiors and serene surroundings, the villas in International City provide an ideal setting for communal living. Rental prices for villas in international City start from AED 106,000, offering affordability without compromising on comfort. Whereas, villas for sale are available at AED 1,637,000 offering a 6.45% ROI.
| VILLA TYPES | 3-BEDROOM | 4-BEDROOM | 5-BEDROOM | 6-BEDROOM |
| Average Sales Price (AED) | 1,637,000 | 1,625,000 | NA | NA |
| Average Rental Price (AED) | 112,000 | 115,000 | NA | NA |
Dubai Marina
Renowned for its stunning waterfront views and cosmopolitan atmosphere, Dubai Marina is another sought-after community for shared accommodation in Dubai. The average sale price of apartments in Dubai Marina is AED 2,907,000 with a 5.74% ROI. You can also opt to rent an apartment which has an average yearly rent of AED 148,000.
The community offers unparalleled lifestyle amenities including waterfront promenades, world-class dining options, and leisure facilities. Moreover, know these interesting facts about Dubai Marina before you buy or rent property here.
| APARTMENT TYPES | STUDIO | 1-BEDROOM | 2-BEDROOM | 3-BEDROOM |
| Average Sales Price (AED) | 1,295,000 | 1,680,000 | 2,728,000 | 4,672,000 |
| Average Rental Price (AED) | 59,000 | 101,000 | 164,000 | 262,000 |
DAMAC Hills
DAMAC Hills presents a serene retreat amidst lush greenery, offering both apartments and villas for shared accommodation. Those looking for an apartment for sale in DAMAC Hills should keep an average budget of AED 1,092,000. The area offers 6.77% ROI. You can also rent an apartment in DAMAC Hills for shared accommodation. The average yearly rent for an apartment in DAMAC Hills is AED 81,000.
The community provides a tranquil living environment away from the city’s hustle and bustle. Residents can enjoy a range of recreational facilities including golf courses, parks and community centres here.
| APARTMENT TYPES | STUDIO | 1-BEDROOM | 2-BEDROOM | 3-BEDROOM |
| Average Sales Price (AED) | 595,000 | 957,000 | 1,697,000 | 2,519,000 |
| Average Rental Price (AED) | 39,000 | 66,000 | 144,000 | 212,000 |
Students looking for shared accommodation in villas can also find a range of options to buy or rent in DAMAC Hills. The average price to buy villas in DAMAC Hills starts from AED 30,478,000, offering 2.35% ROI. Whereas, the average yearly rent for villas in DAMAC Hills is around AED 337,000. You can also explore these popular areas to buy villas in DAMAC Hills.
| VILLA TYPES | 3-BEDROOM | 4-BEDROOM | 5-BEDROOM | 6-BEDROOM |
| Average Sales Price (AED) | 3,099,000 | 3,844,000 | 7,866,000 | 16,853,000 |
| Average Rental Price (AED) | 238,000 | 471,000 | 422,000 | 891,000 |
Palm Jumeirah
Synonymous with luxury living, Palm Jumeirah is an iconic destination for those looking for shared rooms in Dubai. Palm Jumeirah offers several apartments to rent or buy in the area. The apartments for rent in Palm Jumeirah have an average cost of AED 234,000. Meanwhile, apartments for sale have an average cost of AED 14,321,000 with a 3.89% ROI.
The community offers unparalleled lifestyle amenities including private beaches, luxury resorts and fine dining establishments. Also, know these interesting facts about Palm Jumeirah to know more about the community.
| APARTMENT TYPES | STUDIO | 1-BEDROOM | 2-BEDROOM | 3-BEDROOM |
| Average Sales Price (AED) | 1,540,000 | 3,558,000 | 7,870,000 | 18,538,000 |
| Average Rental Price (AED) | 113,000 | 174,000 | 245,000 | 376,000 |
Besides, Palm Jumeirah is among the top communities for shared accommodation in Dubai. Those looking to buy a villa in Palm Jumeirah can invest an average amount of AED 51,471,000. They can then enjoy an ROI of up to 3.27%. Meanwhile, villas for rent in Palm Jumeirah are available at an average asking rent of AED 1,528,000 per year.
| VILLA TYPES | 3-BEDROOM | 4-BEDROOM | 5-BEDROOM | 6-BEDROOM |
| Average Sales Price (AED) | 22,127,000 | 32,758,000 | 45,086,000 | 66,747,000 |
| Average Rental Price (AED) | 900,000 | 1,212,000 | 1,362,000 | 1,853,000 |
Business Bay
As one of Dubai’s most dynamic business and residential hubs, Business Bay offers shared accommodation options amidst a thriving urban landscape. With average rental prices starting from AED 117,000 for apartments, the community provides easy access to commercial establishments
Moreover, the average price for an apartment for sale in Business Bay starts from AED 4,417,000. The area offers an impressive ROI of 5.10%. You can find several retail outlets and dining destinations in Business Bay.
| APARTMENT TYPES | STUDIO | 1-BEDROOM | 2-BEDROOM | 3-BEDROOM |
| Average Sales Price (AED) | 1,064,000 | 1,719,000 | 3,450,000 | 7,656,000 |
| Average Rental Price (AED) | 67,000 | 98,000 | 148,000 | 221,000 |
FAQs
Which is the best community to live in Dubai?
According to dubizzle data, International City, Dubai Marina, DAMAC Hills, Palm Jumeirah and Business Bay are some of the popular communities to live in Dubai.
Is sharing accommodation legal in Dubai?
Sharing accommodation in Dubai is subject to regulations outlined in the Real Estate Law, which includes provisions from the RERA Tenancy laws. Generally, unless specifically permitted by the landlord, sharing accommodation is not allowed in Dubai.
This brings us to the end of our list of Dubai’s top communities for shared accommodation. The emirate offers a diverse array of communities for shared accommodation, catering to varying budgets and lifestyle preferences. However, before you finalise make sure you know all the pros and cons of shared accommodation in Dubai.
Besides, if you are planning to enjoy winter sports in Dubai, here are some popular communities for winter sports in Dubai.
Additionally, if you’re considering investing in Dubai’s real estate market, explore the following options:
Stay updated with dubizzle property blogs for more updates on popular communities to buy and rent properties in Dubai.
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