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Best Areas To Rent Property In Dubai Based On Your Budget

Property for Rent in Dubai

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Do you need affordable property for rent in Dubai that will meet your budget? With its stunning skyline, vibrant lifestyle, and diverse neighborhoods, Dubai offers a wealth of rental options for everyone, including cheap apartments for rent. But being a part of this market, finding the perfect place without overstraining the pockets can be pretty stressful. 

In this guide, we’ll outline the most popular areas of Dubai available for rent, depending on your budget, helping you make an informed decision based on your lifestyle. If you are looking for a 2-bedroom apartment, a one-bedroom apartment, a penthouse, or just a studio, Free Room has it all!

How Much Should I Spend on Accommodation for Rent Property in Dubai?

When searching for Rental Properties in Dubai, a common question arises: How much should you spend on accommodation? According to popular finance tips, people should need to spend between 40 and 50 percent of their salaries on rent or mortgage. This is for people earning above AED 8000 per month, which means a budget of about AED 3200 to AED 4000. This budget range will assist you in finding cheap flats for rent in Dubai.

If your salary is below 8000 AED or looking for landlords offering the cheapest rent in Dubai, consider sharing a flat with others searching for a room for rent in Dubai. Sites like Free Room are very reliable in finding rooms and apartments, so if you want to live in the city while cutting costs, this can significantly benefit you.

Top Areas to Rent Property in Dubai on Your Budget

Now you have a complete guideline for determining your housing expenses budget, you can easily understand whether this community is perfect. 

Moreover, when finding cheap apartments for rent in Dubai, several factors must be considered, but the first is your budget. To help you find a budget-friendly apartment or private room for rent in Dubai, we will explore the best communities based on your salary.

Famous Areas to Rent Property in Dubai On A Budget of AED 10k Per Month

According to Dubai employee salary ranges, this is the average income level. If you earn approximately AED 10,000 monthly, you may need to find a studio for rent in Dubai. Below, we have mentioned some of the top areas for this range. However, these areas are also best to consider if you are looking for the cheapest area to live in Dubai.

Area Annual Rent Type of unit
Deira AED 29,000 studio
Bur Dubai AED 34,000 Studio
International City AED 24,500 Studio
Dubai Sport City AEB 35,500 Studio
Dubai residence Complex AED 30,000 Studio
Al Warsan AED 24,500 Studio
Dubai South (Dubai World Central) AED 29,000 Studio
Dubai Land AED 30,000 Studio
Town Square AED 34,000 Studio
International City AED 33,500 1-bedroom apartment
Dubai Silicon Oasis AED 33,900 Studio
Dubai Production City (IMPZ) AED 30,999 Studio

A Popular Area to Rent in Dubai on A Budget of AED 10K To AED 15K Per Month

Additionally, for those communities mentioned above, consider expanding your search to these popular areas in Dubai where rental prices range from AED 10K to AED 15K or more per month.

Area Annual rent Type of unit
DAMAC Hills AED 37,500 Studio
Jumeirah Village Circle AED 40,500 Studio
Arjan AED 39,500 Studio
Discovery Gardens AED 36,500 Studio
Meydan AED 44,500 Studio
Al Furjan AED 41,000 Studio
Al Qusais AED 37,500 One bedroom apartment
Al Warsan AED 39,500 One bedroom apartment
Al Nahda AED 41,500 One bedroom apartment

Places Where You Find Cheap Apartments for Rent in Dubai: Budget of AED 12.5k to AED 15K Per Month

If you earn AED 12,000 to AED 15,0000, you have more options than just apartment towers and complexes in Dubai, such as International City, Al Nahda, Deira, and many other places.

Areas Annual Rent Type Of Unit 
Al Qusais  AED 48,000 One bedroom apartment 
Discovery Gardens  AED 51,000 One bedroom apartment 
Jumeirah Lake Tower (JLT)  AED 54,000 STUDIO 
Al Nahda AED 53,500 Two-bedroom apartment 
Dubai silicon oasis  AED 46,000 One bedroom apartment 
Dubai Sports City  AED 50,500 One bedroom apartment 

Cheapest Place to Live in Dubai If Your Salary is AED 15K to AED 20K Per Month

A monthly income of AED 15,000 to AED 20,000 could give you a budget of AED 45,000 to AED 75,000/year (based on 30% of your income), allowing one looking for a property for rent in Dubai to consider the following communities: 

Area Annual Rent Type Of Unit
Al Jaddaf  AED 63,000 1 bedroom apartment 
Al Barsha  AED 59, 000 1 bedroom apartment 
Karama  AED 69,000 2-bed room apartments 
Dubai Marina AED 72,000 Studio
Business Bay AED 65,000 Studio 
Ras Al Khor AED 60,000 2 Bedroom apartment 
DAMAC Hills  AED 61,000 1 bedroom apartment 
Jumeirah Village Circle (JVC) AED 60,500 1 Bedroom apartment 
Meydan  AED 71,500 1 Bedroom apartment 
Barsha Height (TECOM) AED 66,500 1 bedroom apartment 

Best Areas to Rent Property in Dubai If You Earn AED 20K To AED 25K Per Month

A monthly salary of AED 20,000 to AED 25,000 could give you a rental budget of 75,000 AED to 90,000 AED/YEAR. You could find property for rent in Dubai within the following communities:

Area Annual Rent Type Of Apartment
ARJAN  AED 78,500 2-bedroom apartment 
Discovery Gardens  AED 72,500 2-bedroom apartment 
Al Jaddaf AED 78,000 2-bedroom apartment 
Al Fujran AED 82,000 2-bedroom apartment 
Damac Hills 2 AED 83,000 3-bedroom villa/townhouse
Ras Al Khor AED 81,500 3 Bedroom apartment 
Al Barsha  AED 81,500 2- bedroom apartment 
Jumeirah lake towers (JLT) AED 82,000  1 bedroom apartment 
Sheikh Zayed Road AED 88,000 1 bedroom apartment 
Downtown Dubai AED 84,500 Studio
Jumeirah Village Circle (JVC) AED 87,000 2 Bedroom apartment 
Bur Dubai  AED 72,5000 Two-bedroom apartment 
Greens AED 79,500 1 bedroom apartment 

Key Considerations When Searching for Houses for Rent in Dubai

There are various key factors to consider when finding a place to rent in Dubai. Since rent is usually a significant expense, deciding where to live can have a huge impact on your quality of life. Here are some crucial elements to keep in mind as you navigate the Rental Properties in Dubai: 

Property Type: Your choices will be defined by whether you are interested in a studio, an apartment, a townhouse, or a villa. 

Size: When deciding on the property, remember that the size you need will affect the rental price, so state your requirements as clearly as you can. 

Location:  When renting an apartment in Dubai, remember Apartments closer to the waterfront, in business hubs will come at a higher price point. 

Furnished vs. Unfurnished: However, it should be noted that letting an apartment with furniture and letting an apartment without furniture involves a different price level based on which you will have to pay rent and which you would have to pay as a security deposit. 

Age of Property: Housing affordability should also be considered in terms of the age of the property and its condition. If it is more modern and spacious, accessing better facilities will be more expensive. 

Views: It is important to note that properties with a frontage to the water body or any property surrounded by buildings are additional demands and exhibit higher rental costs. 

These attributes may differ from one preference to another, and one should always consider one’s needs first. It is essential to find the options that perfectly fit your budget without trading your essential demands. 

Conclusion

Choosing a property for rent in Dubai is one of the challenges that one will experience due to the numerous options available.  In this article, we have pointed out the criteria to consider in identifying one’s needs and setting a realistic budget to search for Houses for rent in Dubai. We aim to help you find the property that charges the cheapest rent in Dubai. 

For anyone seeking an economical unit of residence in this active city, Free Room is the leading and best website to search for studio and private rooms for rent in Dubai. Free Room’s extensive listings and user-friendly interfaces make it easy to locate any accommodation of their choice. Whether you are looking for a small, one-bedroom, cozy studio or a room to rent with other people, Free Room helps you find numerous options that will suit not only your pocket but also your mood. 

FAQs

Which is the cheapest place to live in Dubai?

If you are looking for the cheapest area for rent in Dubai, you might consider neighborhoods like Al Nahda, Deira, Al Barsha, and the international city of Al Barsha. Not only are the rents often lower, but they also offer excellent connectivity and essential amenities. 

How Much Does an Apartment Cost for Rent in Dubai? 

The cost of property for rent may differ in quantity, where a studio flat may cost AED 30000 to AED 50000 per annum, in contrast to a 2-bedroom flat may cost AED 80000 to AED 100000 if the property consists of 4-bedroom villas, the yearly rent spans from AED 200,000 to AED 265,000. 

What Portion of the salary can be spent on rent for property in Dubai?

The percentage of monthly salary for this need should be at least 30%. This budget allows you to not spend more than you earn while enabling you to give the right direction towards worthy expenditures.

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