Areas to buy affordable studio apartments in Dubai under AED 600k
For investors and buyers on a budget, affordable studio apartments in Dubai under AED 600k are a good option to consider, since they are competitively priced. There’s a growing portfolio of properties in Dubai where buyers can find studio apartments for budget-friendly prices of under AED 600k. Whether you’re looking to benefit from good rental yields or want to purchase a cosy pad for personal use, join us as we take a look at the five most popular areas where you can find affordable studio apartments in Dubai under AED 600k.
TOP AREAS WITH STUDIO APARTMENTS FOR SALE IN DUBAI UNDER AED 600K
Seeking a studio for sale in Dubai? Bayut’s data reveals that International City is the most sought-after locality for investors and buyers looking for affordable studio apartments in Dubai under AED 600k. The top areas list of studio flats to buy under AED 600k also includes Dubai Production City (IMPZ), Al Furjan, Discovery Gardens and Dubai South.
International City
The first entry on our list of top areas to buy affordable studio apartments in Dubai under AED 600k, International City, has long been a hub for budget-conscious investors, and it’s easy to see why.
Studio apartments for sale in International City are likely to remain in high demand due to their affordable prices, high ROIs, strategic location off Ras Al Khor Road and proximity to shopping destinations like Dragon Mart.
- Studio apartments in International City are available for AED 425k, earning it the position of the most affordable community on this list.
- Expected ROI: 8.40%
Dubai Production City (IMPZ)
Those seeking a suitable studio flat for sale in Dubai may also consider Dubai Production City.
The studios for sale in Dubai Production City offer residents easy access to essential amenities and entertainment facilities, including supermarkets, grocery stores, retail stores, clinics and pharmacies. It is home to the shopping and entertainment hub City Centre Me’aisem. Formerly known as The International Media Production Zone (IMPZ), the area hosts numerous companies specialising in media production.
- According to our data experts, the average price of studio apartments in the area is AED 544k.
- Expected ROI: 6.92%
Al Furjan
According to search trends on Bayut, the family-friendly Al Furjan is the third most popular area where investors can find a studio for sale in Dubai. The general trends indicate that the community is ideal for individuals seeking a long-term investment.
Al Furjan is renowned for its family-friendly environment and contemporary homes. It boasts lush green spaces, community parks and easy access to major highways, making it an ideal location for modern living.
- Studio apartments for sale in Al Furjan are available for AED 559k.
- Expected ROI: 7.80%
Discovery Gardens
Discovery Gardens offers a harmonious blend of affordable living and serene surroundings. Known for its diverse residential options and garden-themed clusters, this Nakheel Properties community appeals to those seeking a tranquil urban lifestyle.
Apart from amenities and location, the expected ROI for studios in Discovery Gardens is a significant attraction for prospective buyers seeking lucrative real estate investments in the city.
- The price to buy Discovery Gardens studio apartments averages at AED 538k.
- Expected ROI: 8.66%
Dubai South
Dubai South rounds off our list of the top areas for buying affordable studio apartments in Dubai under AED 600k. The dynamic district is known for its business opportunities, aviation facilities and futuristic urban planning.
Dubai South integrates residential communities with commercial developments, fostering a vibrant and integrated living experience. Depending on the chosen apartment building, the studios for sale in Dubai South may come with amenities such as gyms, children’s play areas, swimming pools, barbecue areas and more. The presence of furnished flats also makes the area a desirable location for property investors.
- Buyers can expect to pay an average of AED 600k for a studio apartment in Dubai South.
- Expected ROI: 6.41%
FIND MY TRUBROKER
Looking for affordable Dubai studios to buy under 600k? Connect with these trusted TruBrokers to find your dream property!
International City
Dubai Production City
Al Furjan
Discovery Gardens
Dubai South
FAQS ABOUT TOP AREAS TO BUY AFFORDABLE STUDIOS IN DUBAI
Looking to rent a studio? Here’s a list of the top areas to rent affordable studio flats in Dubai.
Affordable Dubai studios to buy under 600k have covered areas starting from 340 sq. ft.
Absolutely! Given the current performance of Dubai’s real estate market, investing in off-plan properties is a wise choice. However, like any major financial decision, it’s crucial to perform due diligence.
Dubai South studios priced at AED 600k offer 6.41% returns.
Please check with the developer regarding post-handover plans for off-plan studios for sale in Dubai.
Studio apartments for sale under AED 600k in Al Furjan and Discovery Gardens are conveniently located near the Red Line metro stations.
That concludes MyBayut’s guide to the top areas for buying affordable studio apartments in Dubai under AED 600k.
Looking for comfortable rentals instead? Potential tenants should consider focusing their search on the most popular areas with furnished apartments for rent in Dubai.
Stay tuned to MyBayut for all the latest news from the UAE real estate market and beyond!
