Introducing the cheapest areas and houses in Dubai

Statistics indicate that with the increase in transaction volume, property prices in Dubai have risen. Despite some people thinking that house prices in Dubai are very expensive, there are areas in this city where the cheapest houses in Dubai can be found. These areas offer good amenities and access to well-known locations, and the prices of houses there are more affordable.

This phenomenon has led to an increase in motivation among investors and potential buyers seeking affordable homes in Dubai. In the following sections of this article, we intend to introduce the most affordable properties in Dubai. So, stay with us.

Affordable Property Prices in Dubai

The purchase price of houses in Dubai varies in different parts of the city in Iranian Rials (Toman); in this section, we will examine property prices. It is worth mentioning that over the past year, housing prices have shown positive trends. Generally, the price of a new property in Dubai ranges from around 400,000 to over 50 million dirhams. The minimum price to buy a 1-bedroom apartment in Dubai is 250,000 dirhams. Additionally, we must note that the expensive areas of Dubai include Al Habtoor City, Palm Jumeirah, Downtown, and the most affordable area is International City, Dubai Production City.

Most Affordable Areas to Buy Property in Dubai

According to statistics, affordable homes in Dubai are located in areas such as International City and Dubai Production City (IMPZ), which are among the most affordable areas to buy an apartment in Dubai. In the following section, we will introduce these two areas and other regions.

Buying an Affordable House in International City

International City is the top choice for purchasing affordable properties by buyers. This area has earned the title of the capital of affordable homes and ranks fourth in popularity for purchasing apartments. It also holds the fifth rank for the cheapest rental homes in Dubai. With over 500 budget-friendly houses or apartments, this area provides you with the opportunity to benefit from a property and all its amenities without any concerns.

In this universally favored area, there are several options for buying affordable homes in Dubai, such as studio apartments, one-bedroom apartments, and two-bedroom apartments. The cost for a studio apartment is around 250,000 dirhams, a one-bedroom apartment costs 345,000 dirhams, and a two-bedroom apartment is approximately 587,000 dirhams.

It should also be noted that the average annual rent in International City ranges from 19,000 to 55,000 dirhams for studio apartments and 24,000 to 55,000 dirhams for one-bedroom apartments. The attractions of this area include:

• Presence of Dragon Mart 1 and 2
• Largest center for Chinese goods with the highest discounts and most affordable prices
• Diverse range of delicious foods in various restaurants
• Various cinemas
• Al Warsan Lake

Buying Affordable Homes in Dubai Production City

This area, accessible from Sheikh Zayed Road, features apartments with luxurious amenities. The cost of purchasing a studio apartment in this area is around 290,000 dirhams. On the other hand, the cost of buying a one-bedroom apartment is about 465,000 dirhams, and a two-bedroom apartment is close to 675,000 dirhams.

Buying Affordable Homes in Serena Dubai

The most affordable homes in Dubai are also found in this area, which is very suitable for purchasing townhouses in Dubai. These row houses are the best choice for individuals looking to invest, especially for those who want a peaceful and hassle-free life near the city.

The cost of purchasing an affordable two-bedroom townhouse in Dubai is around 1 million dirhams, and for a three-bedroom townhouse, it's about 1.5 million dirhams. Additionally, if you intend to buy a villa in this area, a three-bedroom villa would cost around 1.5 million dirhams.

Buying the Most Affordable Home in Al Warsan Dubai

This area is one of the best places to buy a villa in Dubai and is close to International City. As parts of this area are under construction and development, the cost of purchasing a villa in Dubai in this area is more favorable compared to other areas. You should know that buying an affordable three-bedroom villa in Al Warsan is around 1.3 million dirhams.

Home Prices in Bur Dubai

Bur Dubai, one of the oldest neighborhoods in Dubai, is located on the western side of Dubai Creek. The most significant feature of this area is the affordability of rentals. This neighborhood has an old-world charm and offers various unique characteristics. The average annual rent in this area ranges from 20,000 to 60,000 dirhams for studio units and 36,000 to 130,000 dirhams for one-bedroom units. The attractions of this area include:

• Living like a tourist
• Affordable Abras (traditional boats)
• Visiting Dubai Frame to see the old and new parts of Dubai
• Authentic Indian cuisine

Affordable Homes in Discovery Gardens

This area is also one of the affordable neighborhoods for buying villas or different apartments in Dubai. It's very suitable for families, and its colorful apartments have contributed to its popularity.

This neighborhood offers a large number of swimming pools, parks, green spaces, and tennis courts. It's ideal for those interested in purchasing, with many supermarkets available. Additionally, it's close to metro and bus stations.

The average annual rent in Discovery Gardens Dubai ranges from 30,000 to 60,000 dirhams for studio units and 35,000 to 60,000 dirhams for one-bedroom units.

Home Prices in Dubai Sports City

This neighborhood, with affordable prices, is popular among sports enthusiasts. It features swimming pools, clubs, and venues for various sports activities. Dubai Cricket Stadium is also located in this area, hosting different sports events and concerts.

In addition to these, you can also visit the Els Club Golf or The Dome with your family or friends. It's worth noting that the average annual rent in Dubai Sports City ranges from 26,000 to 60,000 dirhams for studio units and 35,000 to 80,000 dirhams for one-bedroom units.

Buying an Affordable Home in Akoya Oxygen

This area is also one of the popular affordable neighborhoods with many amenities, such as golf courses, hospitals, and multiple parking spaces. If you want to buy a three-bedroom villa in this area of Dubai, you'll need to pay around 1.2 million dirhams. And if you're interested in a four-bedroom villa, be prepared to pay around 1.7 million dirhams.

Affordable Apartments in Fiora at Golf Verde Dubai

Fiora at Golf Verde offers some of the most affordable apartments in Dubai. Despite being cost-effective, they provide numerous amenities. The prices for these apartments start from 300,000 dirhams, making them a great option for investment.

The amenities of these apartments include a convenient location, modern gym, parking, landscaped gardens, and contemporary architecture. Furthermore, purchasing these apartments comes with an attractive payment plan, allowing you to easily buy an apartment within your budget.

Apartment Prices in Oxford Residence

Oxford Residence is also among the affordable apartments in Dubai, offering an easy payment plan. It's a suitable choice for those looking for a reasonably priced investment. This area features amenities such as thoughtful design, high-speed internet, children's play area, swimming pool, and more, which have contributed to the popularity of Oxford Residence in Dubai.

It's worth mentioning that the prices for studio, one-bedroom, and two-bedroom units start from 380,000 dirhams.

Golf Street by Samana

This street is located in Studio City Dubai and is one of the best cost-effective projects by Samana. The apartments on this street offer beautiful views and come with amenities like high-speed internet, stylish and unique design, 24-hour security, golf courses, fitness center, and a mini pool.

These amenities make this project attractive, and you can even experience buying a house in Dubai through installment plans with this project. This complex offers studio, one-bedroom, and two-bedroom units through a 7-year installment payment plan.

City Homes in Rukan

Rukan's city homes make buying a villa in Dubai achievable; these villas are offered for sale at unbelievably affordable prices. Situated in Dubai Land Oasis, Rukan's city homes come with amenities like BBQ areas, swimming pools, gardens, children's play areas, clubs, and a unique lifestyle along with exceptional design.

Rukan's city homes offer 1, 2, and 3-bedroom options starting at 300,000 dirhams, making them among the most budget-friendly villas in Dubai. Additionally, you can buy one of these homes through installment plans in Dubai. The monthly installments for these villas are only 1.5%, making them cost-effective.

City Homes in Springs

These homes are among the most affordable residences in Dubai, offering residents an enjoyable lifestyle. Arabian's city homes are located in Arabian Ranches 3 and provide various advantages and comfort amenities, including excellent design and high-speed internet.

3 and 4-bedroom homes are offered with an initial price of 1.5 million dirhams. Moreover, a post-handover payment option is available, making these homes even more affordable.

Valley City Homes

These city homes offer cost-effective prices and come with various comfort amenities, such as BBQ areas, fitness zones, shopping centers, parking, and landscaped gardens.

These 3 and 4-bedroom city homes are offered for sale at 1.6 million dirhams; however, this price is a starting point and might go higher. Installment payment options are also available for purchasing these homes.

Advantages of Buying Affordable Property in Dubai

Buying property on installments in Dubai or even renting the most affordable homes in Dubai has numerous advantages, including:

• Contributing to the country's growing economy
• Availability of diverse schools
• Option to rent out purchased property
• High level of security in the country
• Excellent healthcare standards
• Presence of advanced medical facilities
• Country's high level of development readiness
• Access to UAE visas
• High annual income opportunities
• Possibility of obtaining residency for family members
• Modern transportation system

Disadvantages of Buying Affordable Property in Dubai

Despite all the advantages mentioned in the previous section, there are also disadvantages to consider when buying property in Dubai. Some of the disadvantages include:

• Non-issuance of permanent citizenship with property purchase
• High property prices in Dubai compared to other regional countries
• High cost of insurance
• Private nature of most insurance policies

Final Thoughts on Dubai's Most Affordable Homes

In this article, we introduced the most affordable homes in Dubai. Depending on your budget, you can purchase your desired property, but keep in mind that unfurnished units are generally more affordable than furnished ones. Also, property prices in Dubai are subject to change due to the city's continuous growth and high demand for real estate. Please share your opinions with us and other readers of this article.