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Top 5 Affordable Areas to Buy Property in Dubai 2023

By Admin - Nov 20, 2023

Hello, future Dubai property owner! If you've been fantasizing about owning a piece of the dazzling Dubai skyline but dismissed it as a far-fetched fantasy due to the cost, we've got some good news for you: there are still pockets of affordability in this luxurious city in 2023. Let's take a walk through the top 5 cheapest areas to buy property in Dubai.

1. International City:

International City is more than just a neighborhood; it's the miniature version of the world. You may experience a worldwide atmosphere just outside your door because it is divided into groups, each representing a different country. From low-cost flats to shop locations with a wide range of products, this neighborhood is ideal for individuals who value cultural variety as well as affordability.

Location: It’s located on Al Awir road, Dubai.

Prices

Property Type Average Price (AED)
Studio 322,500
Apartments 799,999
Villas 1,499,999

2. Jumeirah Village Circle:

The Jumeirah Village Circle (JVC) is a hidden gem. It mixes low cost with a touch of elegance. Consider living in a community with lush nature and sophisticated facilities. JVC makes this a reality without wasting your funds. With parks, schools, and shopping options within reach, JVC is a family-friendly destination that caters to various lifestyles.

Location: It’s located on Al Khail road, Dubai.

Prices

Property Type Average Price (AED)
Studio 460,000
Apartments 749,999
Villas 2,100,000
Penthouses 1,950,000

3. Dubai Marina:

It's a bustling area known for its iconic skyline featuring tall buildings and a man-made canal. At Dubai Marina every day feels like a vacation. It's a collection of homes with jaw-dropping views of the marina. Imagine waking up to that view every day, sipping your morning coffee with the serene waters as your backdrop. Living here is like having everything at your doorstep. There's the Dubai Marina Mall, the Yacht Club, and tons of things to do. Your search for the perfect apartment in Dubai ends here, where the allure of Dubai Marina creates not just a home, but a lifestyle.

Location: Located near Palm Jumeirah, on Sheikh Zayed road, Dubai.

Prices

Property Type Average Price (AED)
Studio 1,250,000
Apartments 1,800,000
Villas 2,950,000
Penthouses 4,300,000

4. Downtown Dubai:

Downtown Dubai is a shining jewel in the emirate's crown. It's famous for amazing views of the tall Burj Khalifa and the dazzling Dubai Fountain. This place is lively and fancy, right in the middle of the city. You can find different types of homes and offices here, perfect for all sorts of people.

Location: It’s located on the Financial Centre road, Dubai.

Prices

Property Type Average Price (AED)
Studio 1,250,000
Apartments 1,800,000
Villas 2,950,000
Penthouses 4,300,000

5. Business Bay:

At the beating heart of Dubai's dynamic landscape lies Business Bay, a top contender for the best place to own property in the city. For those who believe in the mantra "live where you work," Business Bay is the answer. With its prime location, it's a hub for corporates and businesses, making it an ideal spot for professionals seeking the perfect work-life balance. If you're thinking about buying a place for a smart investment, Business Bay is the jackpot. People are always looking to rent here, especially those who work in the area.

Location: It’s located on Sheikh Zayed Road, Dubai.

Prices

Property Type Average Price (AED)
Townhouses 870,000
Apartments 1,333,000
Villas 22,900,000
Penthouses 3,600,000

Final Thought

When considering purchasing property in any of these places, keep your lifestyle, commuting habits, and goals for the future in mind. Dubai's real estate market has variety and these affordable areas offer a way to experience the city's sparkle without breaking the bank.

So, pack your dreams and begin exploring these budget-friendly opportunities in Dubai's amazing city!

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