The real estate industry of Dubai has witnessed a growing demand for affordable housing solutions that cater to diverse lifestyles and budgets. Catering to this demand, several areas have rental apartments in Dubai under AED 80k annually. Such rental apartments provide for the needs of individuals and families seeking the perfect blend of comfort and cost-effectiveness.
Let’s look at these popular areas to rent apartments in Dubai under AED 80k per year.
List of Popular Areas to Rent Apartments in Dubai
Whether you are a young entrepreneur or a family looking for a new home, the bustling city has something for everyone. Dubai’s real estate offerings under AED 80,000 offer an exciting opportunity to call this iconic city your own. Moreover, the confidence and trust of tenants to rent apartments increase due to the strict adherence to RERA rules in Dubai.
Here are the insights into areas offering rental apartments in Dubai under AED 80k.
Disclaimer: The below-mentioned areas have been shortlisted based on the rental prices of apartments listed on dubizzle. It does not represent the real estate transactions regulated in the Emirates.
Jumeirah Village Circle (JVC)
According to dubizzle data, Jumeirah Village Circle (JVC) has emerged as a hotspot for those looking to rent apartments in Dubai without compromising their budget. The community has vibrant neighbourhoods like Dubai Marina, Internet City and Jumeirah Lakes Towers nearby.
JVC is particularly renowned for its appeal to families, boasting a wealth of amenities that cater to the needs of residents of all ages. From schools and parks to hospitals and fitness centres, JVC is a self-sufficient community. It offers a harmonious balance between work and leisure for its inhabitants. Also, it offers the advantages of a gated community. The average annual rental price of apartments in JVC has been AED 57,000.
Moreover, for those considering calling JVC home, the options are diverse and affordable. Studio apartments for rent in JVC are readily available at an average yearly price of AED 40,000. While 1- and 2-bed apartments can be rented at an average price of AED 57,000 and AED 82,000, respectively.
Bur Dubai
Bur Dubai stands second on the list of popular areas to rent apartments in Dubai under AED 80k. It is located on the western side of Dubai Creek. In Bur Dubai, history seamlessly coexists with contemporary amenities, offering a well-rounded living experience.
The district hosts an impressive array of amenities, including malls, metro stations, schools, hospitals and mosques, among many more. The modern conveniences make Bur Dubai an enticing choice for residents. To rent an apartment in Bur Dubai, tenants have paid an average rental price of AED 72,000 per year.
Studio apartments come at an average yearly rent of AED 33,000 in Bur Dubai. Whereas, 1-bedroom apartments offer a comfortable living space at an average yearly rent of AED 57,000. If you need more room, 2-bedroom apartments are available at an average yearly rent of AED 76,000.
International City
International City ranks third among Dubai’s preferred residential destinations for affordable rental apartments under AED 80k per year. It is a distinctive neighbourhood that encapsulates the essence of cosmopolitan living within Dubai.
As you explore International City, you’ll find yourself immersed in a world of diverse cultures, architecture and lifestyles. This vibrant district offers an atmosphere that is both dynamic and inclusive. As per dubizzle data, apartments in International City have been rented for an average price of AED 30,000 per year.
Studio apartments in International City had been rented at an average price of AED 22,000. Whereas, tenants have paid AED 34,000 for 1-bedroom apartments rent in International City. While 2-bedroom flats offer spacious living at an average yearly rent of AED 50,000.
Al Nahda
Al Nahda, nestled in the heart of Dubai, is a district where convenience meets affordability. The neighbourhood embodies the city’s dynamic spirit, offering a diverse array of modern amenities and affordable residential options.
It is ranked fourth on the list of most sought-after areas to rent apartments in Dubai under AED 80k annually. That said, tenants have paid an average rental price of AED 42,000 for an apartment living in Al Nahda.
For those contemplating making Al Nahda their home, the rental options are both varied and accessible. Studio apartments are available at an average yearly rent of AED 27,000. Whereas, 1- and 2-bedroom apartments have been attainable at an average yearly rent of AED 34,000 and AED 49,000, respectively.
Deira
Deira stands fifth on the list of popular areas to rent apartments in Dubai under AED 80k per year. As the oldest commercial district of Dubai, located close to Bur Dubai, Deira has evolved into a bustling and diverse community. It offers a seamless mix of affordability and convenience for its residents.
The district continues to capture the attention of those seeking affordable living in Dubai. With an average rental price of AED 57,000 per year, Deira’s popularity remained unwavering. For studio apartments in Deira, tenants have paid an average price of AED 27,000. Meanwhile, 1- and 2-bedroom apartments offered comfortable living spaces at an average yearly rent of AED 46,000 and AED 66,000, respectively.
FAQs
How much does it cost to rent apartments in Dubai?
In Dubai, the rental rates for apartments fluctuate depending on a range of factors including location, infrastructure and available amenities. Nonetheless, according to dubizzle data, apartments in International City have shown an average annual rental price of AED 30,000. With this rate, you can comfortably experience the conveniences of compact living in the vibrant city of the UAE.
How can I get my apartment rented faster in Dubai?
To rent your apartment faster in Dubai, you may employ some strategies. These include setting a competitive market-based price, using high-quality photos, advertising early on popular platforms, seeking recommendations and maintaining the apartment for tenants.
These were the prominent highlights of popular areas to rent apartments in Dubai under AED 80k yearly. Based on the above data trends, it is evident that one can potentially benefit from buying a property in Dubai and renting it out.
Furthermore, the Emirate’s wealth of amenities, public transportation and favourable taxation policies collectively enhance its appeal as a sought-after destination to rent and reside.
For more insights on rental trends in Dubai, stay connected with the dubizzle property blog.
Related Posts
