Have you signed up for a work opportunity in the UAE but can’t seem to find a place that suits your budget? Or maybe you were planning to move out of your studio apartment into a bigger 1-bed unit, but still can’t seem to find a place affordable enough to make the transition? You can wave goodbye to these or any other reasons that are holding you back from finding the most affordable 1-bed unit in Dubai or Abu Dhabi. Take our guide into account and get ready to pack your bags for moving into your new abode.
Per data corresponding to December 2016, the area with lowest average rent for 1-bed apartments in Dubai was International City, the suburban community extremely popular with tenants on the lookout for quality residence at affordable rates. Average rent for 1-bed units in International City remained AED 51k ($13.9k) per annum during December 2016. Although it is a little distance away from the city centre, it is provided with most facilities needed for comfortable living, and the nearby Dragon Mart is laced with more F&B, retail and entertainment options than one can possibly visit in a month.
Second on our list of top five most affordable localities for renting 1-bed units in the emirate was Al Nahda neighbourhood, where rent for the units averaged AED 53k ($14.4k). Al Nahda is one of the older settlements in the city and is densely populated by residents from all parts of the world. It benefits from several easily accessible RTA bus routes and is reachable by the Dubai Metro as well, meaning most residents won’t need to own a car to travel around the city. The third place was jointly claimed by Dubailand and International Media Production Zone, suburban communities that are highly popular with tenants. With rent averaging AED 58k ($15.8k), we have found little – except the constant need of a car for travel – to fault with Dubailand. It has plentiful green public areas, the quality of construction is uncompromised and the environment is peaceful by any standard.
Offering 1-bed units at an average rent of AED 63k ($17.k), the blissful Dubai Silicon Oasis was on the fourth position, while units in Dubai Investment Park, with an average rent of AED 66k ($17.9k) rounded up the list of five most affordable localities to rent 1-bed units in Dubai.
Units in the UAE capital remained a little less costly than those in its glitzy neighbour during the outgoing month, with the least costly 1-bed rental apartments being available in Mohammed Bin Zayed City. For a rent of AED 46k ($12.5k) on average, we reckon units in this centrally located community are a bargain for anyone looking for affordability coupled with ease of living and commuting within the city.
Next on the list, we had Madinat Zayed. Only a few kilometres away from popular attractions like the Emirates Palace and Abu Dhabi Beach, rental units in the area – renting for an average of AED 51k ($13.8k) – make an ideal setting for living in a community that offers a number of facilities like schools, hospitals, malls and parks, as well as affordability.
At third place was another neighbourhood on the main Abu Dhabi island, Al Karamah, where an average 1-bed unit cost AED 57k ($15.5k) to rent for a year in December 2016. Al Ghadeer, a peaceful residential community on the emirate’s northern border with Dubai, claimed the fourth spot with average 1-bed unit rent of AED 58k ($15.8k).
Al Ghadeer is perfect for people who work in either Dubai or Abu Dhabi, but want to live in quiet setting away from the city’s hustle and bustle. The last place on our list went to Al Mushrif community, where the rent for an average 1-bed apartment cost AED 58.5k ($16k) in December 2016.