House-hunting is no walk in the park, especially if the budget is tight and you do it in the middle of the summer.
Not only will you have to endure hopping from one place to another, with outside temperatures soaring close to 50 degrees Celsius, but you’ll have to make sure you’re not exceeding your budget – and this requires a lot of negotiation and price-comparison checks.
12 Cheques, Free AC and Flexible Payment: How to Negotiate Your Dubai Rent
To make it a little bit easier for you, we’ve reviewed the latest rental data and drawn up a list of top seven most affordable communities for tenants. Using data supplied by property consultants Asteco*, we’ve ranked the neighbourhoods in Dubai based on average rents of one-bedroom apartments.
So, whether you’ve gotten tired of your old apartment or recently joined the expat community in Dubai, it may be worth looking at this list of seven most budget-friendly areas to rent a one-bedroom apartment.
1. International City
Minimum rent: Dh35,000
Maximum rent: Dh55,000
How much rents have fallen in one year: -9 per cent
2. Deira
Minimum rent: Dh35,000
Maxium rent: Dh75,000
How much rents have fallen in one year: -11 per cent
3. Jumeirah Village
Minimum rent: Dh50,000
Maxium rent: Dh70,000
How much rents have fallen in one year: -8 per cent
4. Dubai Sports City
Minimum rent: Dh50,000
Maxium rent: Dh75,000
How much rents have fallen in one year: -6 per cent
5. Bur Dubai
Minimum rent: Dh50,000
Maximum rent: Dh 80,000
How much rents have fallen in one year: -11 per cent
6. Discovery Gardens
Minimum rent: Dh55,000
Maximum rent: Dh75,000
How much rents have fallen in one year: -2 per cent
7. Al Barsha
Minimum rent: Dh55,000
Maxium rent: Dh80,000
How much rents have fallen in one year: -7 per cent
To browse rents in Al Barsha, click here.
Where rents have fallen most:
1. Business Bay
Average decline: -14 per cent
2. Downtown Dubai
Average decline: -12 per cent
3. Bur Dubai and Deira
Average decline: -11 per cent
4. Greens, International City, Dubai Marina
Average decline: -9 per cent
5. Jumeirah Beach Residence, Palm Jumeirah, Jumeirah Village
Average decline: -8 per cent
*The numbers are as of June 2017, and percentages of increase/decrease are for the period between June 2016 and June 2017.
By Cleofe Maceda
