Dubai is a world-class destination that attracts people from many parts of the world for a comfortable living and rewarding working conditions. The surge of expats has created a real estate industry that is constantly growing.
Even though this industry provides excellent investment opportunities, it makes sense to start with something affordable and make your way up.
Therefore, today, we will discuss the most affordable areas to buy property in Dubai in 2023. After an overview of the areas, we’ll discuss their average prices and some important nearby facilities.
Here is a list of the most affordable areas to buy property in Dubai.
1. International City
When it comes to affordability, International City comes first to mind. It offers a continuously-expanding real estate market and investment opportunities, and many investors prefer this area because of its affordability and record ROI.
It is located in the Al Warsan region and covers a massive area of 8 million square meters (800 hectares). Its distinction comes from the unique low-rise country-style property clusters.
A key benefit of buying property here is the multicultural community that accommodates people from different parts of the world.
Dubai International City is your best choice if you’re looking for affordable living or investment in an area with closely-knit communities!
Average Prices (AED)
- 3-Bed Villa: 1,358,000
- Studio Apt: 234,000
- 1-Bed Apt: 320,000
- 2-Bed Apt: 663,000
- 3-Bed Apt: 929,000
Nearby Facilities
- School(s): English National School (15 minutes).
- Hospital(s): NMC Clinic (6 minutes).
- Restaurant(s): ShabuShabu-Nine Squares Restaurant (3 minutes), Wokyo Noodle Bar (20 minutes).
Distance from Important Landmarks and Attraction Spots
- BurjKhalifa: 25 minutes
- Dubai International Airport: 16 minutes
- Dubai Mall: 23 minutes
- Dubai Frame: 24 minutes
- Jumeirah Mosque: 29 minutes
2. Deira
Located at the northern end of Dubai Creek, Deira is the oldest and one of the most popular areas for affordable living. Many people prefer it for living and working because it’s a major trading hub.
Deira also has a special appeal to tourists because of its dazzling Gold market. Additionally, world-class restaurants and trendy malls make it an attractive area for travelers.
This area also features retail centers, government buildings, and offices. It is also rooted in history, thanks to prominent buildings such as the Heritage House and Al Ahmadiya School.
People from different cultures also feel right at home in Deira. For this reason, it is also immensely popular among expat apartment renters. This feature makes it a profitable investment opportunity with consistent returns in rental income.
Average Prices (AED)
- 5-Bed Villa: 2,430,000
- 1-Bed Apt: 745,000
- 2-Bed Apt: 1,108,000
Nearby Facilities
- School(s): English National School (14 minutes), American schools (14 minutes).
- Hospital(s): Belhoul Speciality Hospital (7 minutes), NMC Medical Centre (8 minutes).
- Restaurant(s): Calicut Notebook (22 minutes), Ashiana Restaurant (13 minutes).
Distance from Important Landmarks and Attraction Spots
- Burj Khalifa: 25 minutes
- Dubai International Airport: 14 minutes
- Dubai Mall: 20 minutes
- Dubai Frame: 16 minutes
- Jumeirah Mosque: 29 minutes
3. Dubai Investment Park
Dubai Investments Parks(DIP) is a specially-designed area to encourage investments in residential and commercial properties.
DIP is Located next to Jebel Ali Industrial Area and is divided into three different sectors, including
- The Industrial Complex,
- The Commercial District (for retail and office spaces), and
- The Residential Community features seven eco-friendly living areas.
The residential community offers affordable investment opportunities in villas, apartments, and townhouses.
The residential units blend contemporary and traditional architecture, and the community features large green spaces, waterways, and landscapes.
In short, it offers an upscale lifestyle with eco-friendly amenities such as sweeping outdoor spaces, swimming pools, and lakes.
The area is also attractive for business professionals because of its commercial components, providing a holistic community where you can live and work comfortably. Despite being full of amenities and facilities, it is one of the most affordable areas to buy property in Dubai.
Average Prices (AED)
- 4-Bed Villa: 1,840,000
- Studio Apt: 305,000
- 1-Bed Apt: 485,000
- 2-Bed Apt: 748,000
- 3-Bed Apt: 1,250,000
Nearby Facilities
- School(s): Greenfield International School (4 minutes), Nibras International School (6 minutes), Dove Green Private School (5 minutes).
- Hospital(s): NMC Royal Hospital (5 minutes), NMC Hospital (6 minutes).
- Restaurant(s): Veg Hut Restaurant (7 minutes), Tresind Dubai (34 minutes), Zenzi Thai (9 minutes).
Distance from Important Landmarks and Attraction Spots
- BurjKhalifa: 32 minutes
- Dubai International Airport: 35 minutes
- Dubai Mall: 30 minutes
- Dubai Frame: 24 minutes
- Jumeirah Mosque: 39 minutes
4. Jumeirah Village Circle (JVC)
Jumeirah Village Circle is located between Dubai Sports City and Emirates Hill. It was developed by Dubai’s prime real estate developer Nakheel.
It is a family-friendly residential community with expansive gardens, affordable properties, many canals, and a village-themed life in the heart of a busy metropolis. JVC also consistently ranks in the top 5 neighborhoods in the city.
All these qualities make JVC a favorite of buyers and renters. Since it attracts a lot of families and couples, investors get consistent rental incomes on their purchased apartments. The neighborhood also lies near schools, parks, clinics, hospitals, pharmacies, and fitness centers.
Average Prices (AED)
- 1-Bed Villa: 90,000
- 2-Bed Villa: 105,000
- 3-Bed Villa: 127,000
- 4-Bed Villa: 134,000
- 5-Bed Villa: 158,000
- Studio Apt: 459,000
- 1-Bed Apt: 732,000
- 2-Bed Apt: 1,120,000
- 3-Bed Apt: 1,485,000
- 4-Bed Apt: 3,840,000
Nearby Facilities
- School(s): Jumeirah Baccalaureate School (23 minutes).
- Hospital(s): Iranian Hospital (24 minutes), King’s College Hospital (11 minutes).
- Restaurant(s): Tasca (23 minutes), Samad Al Iraqi Restaurant (23 minutes).
Distance from Important Landmarks and Attraction Spots
- BurjKhalifa: 23 minutes
- Dubai International Airport: 27 minutes
- Dubai Mall: 22 minutes
- Dubai Frame: 24 minutes
- Jumeirah Mosque: 30 minutes
5. Al Furjan
Another popular and affordable residential project by Nakheel, Al Furjan, is a villa community situated between Sheikh Mohammed Bin Zayed Road (E311) and Sheikh Zayed Road (E11).
Apart from villas, this area offers investment opportunities in over 4000 apartments. Residents love the range of amenities such as swimming pools, parks, biking tracks, gyms, sports courts, cafes, restaurants, and many retail outlets.
Al Furjan has everything in close reach for a comfortable living, making it a key area to invest in for remarkable ROI. Its growing interest is evident from the fact that it is considered one of the best areas to rent properties by Indian expats (approximately 3.5 million in UAE in 2021).
Average Prices (AED)
- 3-Bed Villa: 2,525,000
- 4-Bed Villa: 3,752,000
- 5-Bed Villa: 4,630,000
- 6-Bed Villa: 5,555,000
- Studio Apt: 415,000
- 1-Bed Apt: 717,000
- 2-Bed Apt: 1,114,000
- 3-Bed Apt: 1,595,000
- 4-Bed Apt: 3,133,000
Nearby Facilities
- School(s): The Arbor School (7 minutes).
- Hospital(s): Advanced Care Oncology Center (7 minutes), Medicentres Al Furjan (4 minutes).
- Restaurant(s): Chicken on fire restaurant (4 minutes), Oregano Al Furjan (4 minutes), Bikanervala Al Furjan (5 minutes).
Distance from Important Landmarks and Attraction Spots
- BurjKhalifa: 28 minutes
- Dubai International Airport: 35 minutes
- Dubai Mall: 27 minutes
- Dubai Frame: 30 minutes
- Jumeirah Mosque: 36 minutes
6. Discovery Gardens
Discovery Gardens, also known as Jebel Ali Discovery Gardens, is located in the Jebel Ali district between Sheikh Mohammed Bin Zayed Road (E311) and Sheikh Zayed Road (E11).
It is an affordable residential area with family-friendly projects and proximity to commercial zones. For these reasons, this neighborhood is also quite popular among expatriate families.
The project features spacious apartment towers with green spaces, ample foliage, and manicured lawns. It is famous among Dubai residents for its affordable rentable studios, making it a worthy investment with reliable ROI.
The residential buildings are arranged into six different themed clusters called:
- Cactus,
- Zen
- Contemporary,
- Mediterranean,
- Mesoamerican,
- Mogul
Residents of Discovery Gardens also have close access to three medical centers, a metro station, a community retail center, and over 200 shops.
Average Prices (AED)
- Studio Apt: 320,000
- 1-Bed Apt: 463,000
Nearby Facilities
- School(s): Chubby Cheeks Nursery (6 minutes).
- Hospital(s): Axon MEDICA Polyclinic (31 minutes).
- Restaurant(s): Swades Vegetarian Restaurant (6 minutes), Amma’s Restaurant (6 minutes).
Distance from Important Landmarks and Attraction Spots
- BurjKhalifa: 24 minutes
- Dubai International Airport: 30 minutes
- Dubai Mall: 22 minutes
- Dubai Frame: 26 minutes
- Jumeirah Mosque: 31 minutes
Final Words
There you have it. A detailed post on the most affordable areas to buy property in Dubai. However, when investing your hard-earned money in real estate, it is always a good idea to consult an experienced real estate firm that knows the best and worst about different areas.
Firms like these will help you make the right decision based on your particular circumstances and investment goals so that you can reap its benefits for a long time.