For many residents of Dubai, finding a neighborhood with inexpensive rates and a pleasant mood is a major priority, but finding a community that does both may be a problem. The nightlife at Dubai Marina is fantastic, but the rents are astronomical. Surely you’ve heard of the Palm Jumeirah. The same thing happened.
Those looking to invest in Dubai real estate had a prosperous year in 2019. According to Bayut’s year-end property report 2019, property values in the emirate have decreased over the last year. The statistics issued by the Dubai Land Department also show that sales transactions have risen in the city, suggesting that buyers and investors are showing a robust appetite for properties in the city. This means that now is a good time to put money into the UAE real estate market. Our list of the cheapest places to purchase property in Dubai includes studios, townhouses, and villas for people on a tight budget.
There aren’t many places where you can find low-cost home developments with a high-quality infrastructure already in place, but here at Better Homes, we can help you find affordable property in Dubai. We’ve put up a list of the best neighborhoods based on various characteristics, so keep reading!
- Mirdif
Mirdif, which is just a short drive from the airport, is a great place for families on a budget to call home. Everything you could want is within easy reach in this well-connected neighborhood. When you’re in Mirdif, you’ll experience a combination of old-world domesticity and carefree play. Mushrif Park, one of the city’s greatest parks, is located in this region, as are some of the city’s top schools. Fashion, home décor, jewelry and excellent dining are only a few minutes away at Mirdif City Centre. Mirdif is a wonderful location for those who want to be active.
- Discovery Gardens
This lush and leafy enclave in Jebel Ali is ideal for families. Ibn Battuta is the closest metro station. Dubai Metro Route 2020, which is now under construction, will have it under its control. If you’re looking for a night out, there are several restaurants and hotels nearby and several excellent schools and nurseries. If you’re looking for a quiet neighborhood with a lot of green space, this is the place to be. Discovery Gardens is an inexpensive and well-planned neighborhood with easy access to the metro and local businesses. It’s also close to Abu Dhabi.
- Jumeirah Village Circle (JVC)
JVC is a great spot to look if you’re looking for a unique neighborhood. It is situated in the center of New Dubai, which means it is within easy reach of the city’s top attractions. In addition, there is a large supply of reasonably priced houses in the area. It’s no wonder that this area is becoming a hotbed for new rental buildings because of its excellent location. Villas, townhouse-style homes, a mosque and sports facilities can be found in the neighborhood, which has about 2,000 properties in total. The homes are both inexpensive and roomy in a peaceful and welcoming environment. You will likely obtain a front lawn and big layout comparable to some of Dubai’s most exclusive villa neighborhoods if you can afford a townhouse here.
- Jumeirah Village Triangle (JVT)
Freehold neighborhood Jumeirah Village Triangle features more than 6,000 large homes near schools, sports amenities, and retail establishments. It’s a great way for young families to taste luxury without breaking the bank. It’s a peaceful neighborhood that provides all the advantages of living downtown but is also a short and simple commute to other sections of the city. JVT offers everything you could want or need, from beautifully manicured gardens and cafés to fast-food restaurants, supermarkets, banks, pharmacies, and florists.
- Dubai Sports City
Sports City has many perks, including excellent schools and spacious residences. The Buch Harmon School of Golf, the ICC Global Cricket Academy, the Athletics Academy, and the Football Academy are just a few of the top athletic facilities in the area. Dubai Sports City has been a favorite among both long-time residents of Dubai and recent arrivals due to its unique combination of a metropolitan feel and a homey atmosphere.
- Dubai Silicon Oasis (DSO)
DSO is a 7.2-square-kilometer free-zone technological park filled with residential and business complexes just off Emirates Road in Dubai. Small-town charm and amenity-packed structures abound in the neighborhood, offering residential towers and modest gated villa communities for sale and rental. It is divided into three primary sections: a cutting-edge technological park, Dubai’s sub-communities, and individual villas. Silicon Oasis is a wonderful appeal for first-time homebuyers and those looking for cheap housing alternatives inside the technological park and residential towers.
- Dubai Production City IMPZ
Production City, a mixed-use development by TECOM Group located near Sheikh Zayed Road. In Dubai Production City, there are a variety of facilities available in the apartments for sale. The community of Meisem is just a short distance away. Additionally, there are several schools, restaurants, and mosques in the neighborhood.
AED 290k is the typical price of a studio flat in Dubai Production City. Apartments in Dubai Production City with one bedroom cost on average AED 465k, while those with two bedrooms cost on average AED 675k.
- Serena
One of Dubai’s most popular neighborhoods for purchasing townhouses is Serena. Dubai Properties’ flagship project provides affordable community living in the Emirate of Dubai. Subdivided further, Casa Dora, Casa Viva, and Bella Casa make up the district.
Serena Dubai’s townhouses are an excellent investment for anyone looking for a peaceful environment near the city. Serena townhouses with two bedrooms sell for an average of AED 1.1M, while townhouses with three bedrooms sell for an average of AED 1.5M, and townhouses with four bedrooms sell for an average of AED 1.6M.
