List of cheapest areas to rent in Dubai in 2016

It’s not only the high cost of land that Dubai’s developers shy away from going “affordable.” The lower level of returns from affordable housing which are perceived by many as ‘low-standards’ apparently put off for most of them.

A report by Core, the UAE associate of real estate consultancy Savills, says, “Across the world, to build affordable housing, builders largely resort to cheaper materials and specifications to reduce their construction costs, leading to lower quality of construction.”

The image of affordable housing, moreover, being equated with inferior quality, only deters prospective buyers from making a commitment on one. When there is not much demand due to perception issues, developers are less inclined to build something in the affordable space.

These are some reasons identified by the Gulf News in an article for the soaring prices of flats in Dubai.

As a guide, especially for the overseas Filipino workers (OFWs) in Dubai, here’s a list of areas under low rental brackets for studio apartments. The table below also shows the brackets for one-bedroom and two-bedroom apartments.

1. Al Awir

This is a residential area yet untapped with lots of new developments coming in. This area is the cheapest to rent in Dubai as per the Rera rent calculator. The nearest metro station is Rashidiya metro station on the red line and there are buses to and from Al Awir.

2. Dubai Outsource Zone

The area is more suited to bachelors and is not very family friendly in terms of utilities, transport and other facilities. However, International City and Academic city are just a few minutes’ drive away. Another area with similar rent brackets is Dubai Investment Park (DIP).

3. Dubai International City

Though quite far from the center of Dubai, commute to and from this area is made bearable by RTA buses and the Rashidiya metro station which is the nearest metro stop. Dragon Mart and Al Warsan Lake are major attractions here.

4. Abu Hail

Abu Hail is a popular residential area at a comfortable distance from the center of Dubai and also has a dedicated metro station. It is mostly populated by Asian expatriates and has easy access to supermarkets and other utility outlets as well. Other areas in Dubai with nearly similar brackets are Al Ras, International Media Production Zone and Naif.

5. Gardens

A prime residential location, this area boasts a great environment and many utilities for families. The nearest metro is Ibn Battuta metro station and you would need to take a taxi to get to your residence. However, this won’t be for long as Dubai Metro Route 2020 will pass through Gardens and DIP.

6. Al Qusais

Al Qusais may be far away from the glitter of the city center, but staying here will give you easy access to any part of the city while protecting you from the hustle and bustle of the main areas. The area boasts utility outlets, schools and hospitals at every turn and has a dedicated metro stop as well.

7. Al Karama

Karama is one of the busiest areas of Dubai with mostly middle and lower income Asian expats. The area is famous for shopping, food and good residential units. The buildings may be older than ones found in other areas. ADCB metro station is the dedicated station for Karama. Another areawith similar rent brackets is Al Rigga.

8. Oud Metha

Oud Metha is mainly a business location. Residential units here are quite expensive in comparison but the area is quiet and has a dedicated metro station. There are good shopping outlets, churches and schools nearby. Al Nasr Leisureland is one of the main attractions.

Published: http://filipinotimes.ae/news/2016/04/13/list-of-cheapest-areas-to-rent-in-dubai-in-2016/

Newsarchive

Links

Latest news