In 2022, rental property units in Dubai witnessed an upward trend. Apartments are available in luxury and non-luxury areas, alike. Those interested in renting an apartment for a short duration showed interest in monthly and daily units. Whereas, those interested in renting apartments for a long duration, showed interest in apartments for rent on an annual basis. Let’s go through the most popular non-luxury areas to rent apartments in Dubai.
List of Top Non-Luxury Areas to Rent Apartments in Dubai on a Yearly Basis
According to the dubizzle 2022 Dubai annual rent report, tenants looking to rent apartments in the Emirate on an annual basis showed interest in Al Nahda, JVC, Bur Dubai, Deira and Dubai Silicon Oasis. The annual rent for these apartments for rent in Dubai ranges from AED 24,000 to AED 70,000 for studio, 1 and 2-bed apartments.
Al Nahda
Located on the Dubai to Sharjah border in Deira’s region, Al Nahda is home to a number of affordable communities. The peaceful neighbourhood boasts a number of healthcare facilities, schools, malls, shops, hotels and public transport options, among other amenities.
The average yearly rent price for apartments for rent in Al Nahda increased by 11.53% in 2022. The area with an average rental price of AED 40,000 was searched most among people looking to rent apartments in Dubai in affordable areas. If you are looking to live in the area, go through this list of apartments for rent in Al Nahda.
The average annual rent for studio apartments in the area averaged at AED 24,000, it was AED 32,00 for a 1-bed flat and AED 46,000 for a 2-bed apartment.
Jumeirah Village Circle
JVC is located centrally near Dubai Marina, JLT, Media City and Internet City. The area is home to a number of affordable apartments in Dubai. The area is popular among families, thanks to the number of schools, parks, hospitals, clinics and fitness centres among other amenities.
With an average rent price of AED 50,000 and a 21.22% increase in the average price of flats, Jumeirah Village Circle was second on the list of non-luxury places to rent apartments in Dubai.
To rent apartments in Jumeirah Village Circle, the rent for studio apartments averaged at AED 36,000. For 1 and 2-bed apartments, the yearly rent averaged at AED 49,000 and 70,000, respectively.
Bur Dubai
Bur Dubai, located on the western side of Dubai Creek, is a popular historic district. In addition to historical sites, the area boasts a number of amenities including malls, metro stations, schools, supermarkets, clinics, hospitals, churches, temples and mosques, among others.
The area ranked third with an average rental price of AED 62,000. The rental prices of apartments in Bur Dubai area increased by 16.94%. The average yearly rent for studio apartments in 2022 averaged at AED 32,000, the annual rent for 1-bed apartments averaged at AED 49,000 and it was AED 67,000 for 2-bed apartments.
Deira
Deira, the oldest commercial district of the city is home to many budget-friendly communities. Located on the bank of Dubai Creek, near Bur Dubai, the area boasts a number of malls, schools, universities, public transport options and health care facilities, among other amenities.
With a nominal 1.11% increase in the average price of apartments for rent and an average rental price of AED 57,000, Deira ranked fourth in the list of non-luxury areas to rent apartments in Dubai.
In 2022, the yearly rent of studio apartments averaged at AED 28,000. Whereas, for 1 and 2-bed apartments, the yearly rent averaged at AED 44,000 and 64,000, respectively.
Dubai Silicon Oasis
Located at the intersection of Sheikh Mohammed Bin Zayed Road and Dubai-Al Ain Road, the area is home to many apartments in Dubai.
Dubai Silicon Oasis ranked fifth with an average rental price of AED 45,000 and an increase of 21.47% in the average price of apartments in 2022. The average yearly rent for studio apartments in the area averaged at AED 29,000, whereas, it averaged at AED 40,000 and 61,000 for 1 and 2-bed flats.
If you wish to live on rent in the area, go through this list of apartments for rent in Dubai Silicon Oasis.
List of Top Non-Luxury Areas to Rent Apartments in Dubai on a Monthly Basis
Apart from yearly rental units, tenants looking for rental apartments in Dubai on a monthly basis showed interest in International City, Jumeirah Village Circle, Deira, Bur Dubai and Al Barsha.
According to dubizzle’s data, these have been the prices and average price increases for affordable apartments for rent in Dubai on a monthly basis in 2022.
International City
With an average monthly rent of AED 2,901 and an increase of 8.60% in the average rental prices, International City has been searched the most in the monthly affordable rental flat category.
Jumeirah Village Circle
With an average rental price of AED 6,325 and an increase of 11.91% in the average rental prices, Jumeirah Village Circle (JVC) ranked second in the list of non-luxury areas to rent apartments in Dubai on a monthly basis. Here is a list of monthly short term apartments for rent in JVC.
Deira
Deira ranked third in the list of non-luxury areas to rent apartments in Dubai. In 2022, The monthly rent of apartments in Deira averaged at AED 4,816 and there was an increase of 20.84% in the average rental prices of apartments in the area.
Bur Dubai
Bur Dubai ranked fourth among the affordable accommodations in Dubai. With an average monthly rental price of AED 6,780. The average rent of apartments in Bur Dubai increased by 8.11%. Here is a list of monthly short term apartments for rent in Bur Dubai.
Al Barsha
Al Barsha ranked fifth with an average rental of AED 8,269 per month. There was an increase of 24.67% in the average rental prices of apartments in the area.
List of Top Non-Luxury Areas to Rent Apartments in Dubai on a Daily Basis
In addition to yearly and monthly units, people have shown interest in the daily rental units in Dubai. According to dubizzle’s annual rent report, these were the affordable areas offering apartments for rent on a daily basis in 2022.
- Al Barsha was searched the most by users looking for daily rental units in Dubai. The average daily rent for apartments in the area averaged at AED 375.
- Deira ranked second with an average rental price of AED 289 per day.
- With an average daily rental of AED 288 Bur Dubai ranked third among affordable areas offering daily rental units in Dubai.
- Dubai Silicon Oasis ranked fourth with an average daily rental of AED 310.
- Al Barsha has ranked fifth among affordable daily rental flats with an average rental price of AED 361 per day. Here is a list of daily short term apartments for rent in Al Barsha.
Disclaimer: The prices and percent changes are based on dubizzle’s annual rent report for 2022 and are subject to change. It is advised to conduct thorough research and consult a real estate agent before renting an apartment in any of the listed areas.
Those were the popular non-luxury areas to rent apartments in Dubai. In addition to the aforementioned areas, you can also rent an apartment in Dubai in different communities.
Besides, if you are looking to rent a flat in a luxury area, here is a list of the top luxury areas to rent apartments in Dubai.
Stay tuned to dubizzle top property blog for more on popular communities to rent apartments in Dubai.
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