Settle Easily With These Top 5 Affordable Properties in Dubai 2023!

Luxury abounds in every corner of Dubai – renowned for its skyscraping marvels and unparalleled lifestyle, Dubai is on the minds and hearts of every investor. Eighty-five percent of Dubai’s homeowners are of foreign nationality, with Indians accounting for approximately 30 percent of property ownership.

The recently modified Golden Visa criteria are expected to boost the emirate’s investment trend. If you wish to invest in Dubai, here are some ideas for areas with affordable real estate.

Top 5 Affordable Properties in Dubai 2023

The most affordable properties in Dubai are shown in the following article, which can assist you in settling in Dubai.

1. The Jumeirah Village

Jumeirah Village is a prominent New Dubai neighbourhood known for its affordable freehold houses. This residential neighborhood, like many Luxury Apartments in Downtown Dubai, is preferred by working professionals in this area of the city due to its proximity to business hubs such as Dubai Investment Park and Jebel Ali Industrial Area. The location is convenient to Lulu Hypermarket, Al Barsha Mall, and Dubai Hills Mall.

Top 5 Affordable Properties in Dubai 2023

A one-bedroom ready flat starts at AED 84,935.86 on average, while a two-bedroom and two-bath flat costs around AED 447030.86.

2. International City

International City is one of Dubai’s most popular neighborhoods with foreign residents. It is a good location for students, working professionals, and real estate investors due to its proximity to Business Bay, Zayed University, and Ras Al Khor Industrial. Other marketplaces and shopping centers are nearby. In International City, a studio apartment costs between AED 223515.43 and AED 447030.86.

3. Dubai Sports City

Dubai Sports City is well-known for its low-cost accommodation, especially among Indian and foreign immigrants. The area is close to Jumeirah Village and provides quick access to Dubai Investment Park and the Jebel Ali Industrial Area. Within a 10-kilometer radius of the location, amenities such as healthcare and education are available.

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A ready one-bedroom and two-bathroom apartment here typically costs between AED 536437.03 and AED 670546.29. A two-bedroom apartment in the area starts at more than AED 670546.29.

4. Dubai Silicon Oasis

Silicon Oasis, a notable neighborhood in the southwest of Dubai, is a prominent residential area. Near Zayed University and the Amity University Dubai Campus, and adjacent to the International Centre for Biosaline, this neighborhood is popular with students and working professionals. Due to its proximity to educational areas and excellent road connections, Silicon Oasis is particularly popular with homeowners.

Top 5 Affordable Properties in Dubai 2023

A 376.73-square-foot studio apartment with one bedroom and one bathroom costs approximately Rs AED 3,79,969.36. A two-bedroom, two-bathroom condominium with more than 100 square meters in Dubai Silicon Oasis begins at AED 8,94,045.56.

5. Jumeirah Lake Towers

Jumeirah Lake Towers is a district in central Dubai, situated between Palm Jumeirah and Emirates Hills. The area is a well-known residential hub with important amenities such as schools, hospitals, grocery stores, and shopping malls. In addition, these structures are located approximately 12 kilometers from the Jebel Ali Industrial Area and 15 kilometers from the Dubai Investment Park.

The approximate ‘ask’ price for a 40 square-meter property in Jumeirah Lake Towers is AED 3,57,663. The average ‘ask’ price for a 2-bedroom, 2-bathroom apartment in the area is AED 12,51,820.08. With so many real estate investment opportunities emerging in Dubai, it is prudent to conduct extensive market research, preferably with the aid of a licensed broker or certified property consultant.

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