What are cheapest properties in Dubai?

When it comes to buying property in Dubai, many people may think that the real estate market of Dubai is expensive. It should be said that the real estate market in Dubai offers low prices in comparison to other capital cities in the world. However, it was expensive in the past. But, if you think that most of properties in Dubai still don’t suit your budget, here are some of the cheapest properties in Dubai. Read on to the end.

Why is Dubai an Ideal Destination for Buying Affordable Homes?

Dubai, as one of the most modern cities in the world, has always been an attractive destination for real estate investors. Contrary to popular belief, Dubai offers a wide range of diverse and affordable housing options. The availability of various residential projects with modern amenities, transparent and investor-friendly regulations, zero income and property taxes, and advanced infrastructure make it an excellent choice for property purchases. Furthermore, Dubai’s real estate market, driven by high competition among developers, provides great opportunities for buying homes at reasonable prices with flexible installment plans.

Advantages of Buying Affordable Homes in Dubai

Here are some of the key benefits of purchasing an affordable home in Dubai:

• The option to rent out the purchased property.
• High security levels in the UAE.
• Availability of advanced healthcare facilities.
• Opportunity to obtain residency for family members.
• The UAE’s advanced and growing economy.
• A modern transportation system.

Challenges and Disadvantages of Buying Affordable Properties in Dubai

Despite the many advantages of purchasing property in Dubai, it is important to consider some challenges and disadvantages to make an informed decision:

• Limited access to luxurious amenities.
• Lower investment returns.
• No permanent residency in the UAE through property ownership.
• High cost of living.
• Fluctuations in the real estate market.
• Inability to work solely through property ownership.
• Potentially less desirable locations.

Cheapest Areas in Dubai for Budget-Conscious Investors

Dubai offers several areas that are ideal for investors with limited budgets due to their lower property prices. While these areas may not match the luxury of some of Dubai’s premium neighborhoods, they stand out for their developing infrastructure, adequate amenities, and economic growth potential.

Regions such as International City, Dubai Land, and Al Furjan provide affordable residential properties, creating excellent opportunities for investment in Dubai’s growing market. For those seeking long-term returns, these areas can serve as a springboard toward future profitability.

1. Dubai Investment Park (DIP): A Haven for Entrepreneurs and Budget-Friendly Living

Dubai Investment Park (DIP) is an emerging area in Dubai that combines residential and commercial properties. It is particularly attractive to businesses and entrepreneurs, while also offering affordable housing options for families. Thanks to its low prices, commercial facilities, and proximity to industrial zones, DIP is an excellent choice for individuals seeking affordable property investments.

Advantages:

1. Excellent access to commercial and industrial hubs.
2. Lower property prices compared to central Dubai.
3. Safe and peaceful environment for families.
4. Rapid growth of infrastructure projects.
5. Proximity to recreational and leisure facilities.

Disadvantages:

1. Far from central and tourist areas.
2. Limited public transportation options.
3. The environment is more tailored to commercial residents.

Price Range for 1-Bedroom Apartments in DIP:

• Lowest Price: AED 300,000 | ~81,000 USD
• Highest Price: AED 400,000 | ~108,000 USD

2. International City: A Multicultural Neighborhood with Affordable Prices

International City is one of Dubai’s most budget-friendly and multicultural areas, attracting both residents and investors due to its low property prices and strategic location. The neighborhood is divided into various clusters, each themed after different countries and showcasing unique cultural elements. Many expatriates, including Iranians, Indians, and Chinese, call this area home.

Advantages:

1. Highly affordable property prices.
2. Diverse and multicultural population.
3. Proximity to recreational and leisure facilities.
4. Close to Dubai’s industrial and commercial zones.
5. Easy access to major highways.

Disadvantages:

1. Congestion and heavy traffic in certain areas.
2. Far from Dubai’s luxury and main tourist attractions.
3. Some older infrastructure in need of renovation.

Price Range for 1-Bedroom Apartments in International City:

• Lowest Price: AED 250,000 | ~67,500 USD
• Highest Price: AED 350,000 | ~94,500 USD

3. Dubai Land: A Family-Friendly Area with Exciting Recreational Facilities

Dubai Land is one of the largest and most versatile areas in Dubai, making it an attractive neighborhood for families due to its abundant recreational facilities. From sprawling parks to diverse shopping centers and family-oriented residential communities, this area offers numerous investment options for budget-conscious buyers. While some parts of Dubai Land are still under development, the area holds significant growth potential.

Advantages:

1. Wide range of recreational facilities, including parks and shopping malls.
2. Spacious and family-friendly environment.
3. Ongoing development projects with strong price growth potential.
4. Affordable property prices compared to central areas.
5. Well-developed transportation infrastructure.

Disadvantages:

1. Some areas are still under development.
2. Considerable distance from business and downtown areas.
3. Potential traffic congestion during peak hours.

Price Range for 1-Bedroom Apartments in Dubai Land:

• Lowest Price: AED 350,000 | ~94,500 USD
• Highest Price: AED 450,000 | ~121,500 USD

4. Remraam: A Quiet, Family-Oriented Community with Modern Amenities

Remraam is a large, peaceful residential community that is especially appealing to families seeking affordable prices and a serene environment. The area offers good amenities, such as parks and shopping centers, nearby. Remraam is ideal for those looking to live in a non-central yet calm and economical location.

Advantages:

1. Peaceful and family-friendly atmosphere.
2. Proximity to nearby amenities.
3. Affordable property prices.
4. Easy access to Dubai’s main highways.
5. Safe environment suitable for children.

Disadvantages:

1. Relatively far from the city center.
2. Limited public transportation options.
3. Urban infrastructure requires further expansion.

Price Range for 1-Bedroom Apartments in Remraam:

• Lowest Price: AED 300,000 | ~81,000 USD
• Highest Price: AED 400,000 | ~108,000 USD

5. Dubai Silicon Oasis (DSO): Dubai’s Technology Hub with Affordable and Attractive Properties

Dubai Silicon Oasis (DSO) is recognized as one of Dubai’s technological hubs, hosting numerous tech companies. This area also offers affordable residential options for those looking to live in a modern and budget-friendly environment. With advanced tech infrastructure and access to modern amenities, DSO is an appealing place to live and work.

Advantages:

1. Technological and modern environment.
2. Low prices for residential properties.
3. Proximity to tech hubs and business centers.
4. Numerous shopping and recreational facilities.
5. High potential for price growth.

Disadvantages:

1. Relatively far from the city center.
2. Limited public transportation options.
3. Traffic congestion during peak hours.

Price Range for 1-Bedroom Apartments in Dubai Silicon Oasis:

• Lowest Price: AED 330,000 | ~89,100 USD
• Highest Price: AED 420,000 | ~113,400 USD

6. Al Quoz: A Blend of Industrial and Residential Areas for Budget-Conscious Buyers

Al Quoz is one of Dubai’s key industrial areas, which in recent years has added affordable residential complexes, making it a practical choice for families and individuals with limited budgets. While the area is primarily known for its industrial activities, the residential sections provide excellent value in terms of pricing and proximity to job markets.

Advantages:

1. Affordable prices for purchasing and renting properties.
2. Close to Dubai’s industrial and commercial hubs.
3. Suitable infrastructure for workers and employees’ families.
4. Easy access to major highways.
5. Proximity to some of Dubai’s best wholesale markets.

Disadvantages:

1. Industrial and busy atmosphere in certain parts.
2. Noise pollution and traffic during working hours.
3. Lack of green and recreational spaces.

Price Range for 1-Bedroom Apartments in Al Quoz:

• Lowest Price: AED 290,000 | ~78,300 USD
• Highest Price: AED 380,000 | ~102,600 USD

7. Al Furjan: A Quiet and Modern Community for Families

Al Furjan is a relatively new residential neighborhood that has rapidly developed to offer homes and apartments ideal for families. Despite its modern amenities, property prices in Al Furjan remain more affordable compared to other areas in Dubai. With ongoing infrastructure improvements and new projects, property values in this area are expected to rise in the future.

Advantages:

1. Modern and secure residential complexes.
2. Peaceful, family-friendly environment.
3. Access to amenities such as schools, shopping centers, and green spaces.
4. Strong potential for economic growth.
5. Close proximity to major highways and transport networks.

Disadvantages:

1. Relatively far from the city center.
2. Some amenities are still under development.
3. Dependence on private transportation for easier access to other areas.

Price Range for 1-Bedroom Apartments in Al Furjan:

• Lowest Price: AED 320,000 | ~86,400 USD
• Highest Price: AED 400,000 | ~108,000 USD

8. Discovery Gardens: Green Spaces and Affordable Prices

Discovery Gardens is one of Dubai’s areas known for its expansive green spaces and affordable housing options for buyers and renters. This neighborhood is particularly attractive to families seeking budget-friendly apartments with nearby amenities. Its proximity to key parts of the city makes it an excellent choice for those looking for lower costs without sacrificing accessibility.

Advantages:

1. Abundance of green spaces and parks.
2. Affordable prices for buying and renting.
3. Convenient access to Dubai’s main roads.
4. Peaceful and family-friendly environment.
5. Nearby amenities, including shops and shopping centers.

Disadvantages:

1. Lack of luxury and advanced facilities in some sections.
2. High population density in certain areas.
3. Distance from Dubai’s main commercial and tourist hubs.

Price Range for 1-Bedroom Apartments in Discovery Gardens:

• Lowest Price: AED 300,000 | ~81,000 USD
• Highest Price: AED 380,000 | ~102,600 USD

9. Mirdif: Peaceful Living in a Family-Friendly Environment Away from the Hustle

Mirdif is one of Dubai’s tranquil neighborhoods, ideal for families seeking a calm environment away from the city’s hustle and bustle. The area features beautiful parks, green spaces, and large shopping centers. With its affordable prices and serene atmosphere, Mirdif is an excellent choice for budget-conscious investors.

Advantages:

1. Peaceful and family-friendly environment.
2. Availability of parks and green spaces.
3. Affordable property prices for buying and renting.
4. Easy access to Dubai’s main roads.
5. Proximity to large shopping centers and essential amenities.

Disadvantages:

1. Relatively far from the city center.
2. Limited access to public transportation.
3. Heavy traffic during peak hours.

Price Range for 1-Bedroom Apartments in Mirdif:

• Lowest Price: AED 330,000 | ~89,100 USD
• Highest Price: AED 400,000 | ~108,000 USD

10. Jebel Ali: An Industrial Area with Affordable Properties Ideal for Investment

Jebel Ali is one of Dubai’s key industrial and commercial hubs. Located near one of the world’s largest ports, the area also offers affordable residential property options. Jebel Ali is particularly suitable for individuals working in industrial and commercial sectors, making it an excellent residential choice for them.

Advantages:

1. Low property prices, ideal for investment.
2. Proximity to Jebel Ali Port and industrial zones.
3. Suitable for industrial and commercial workers.
4. Easy access to major highways.
5. Availability of nearby commercial and essential facilities.

Disadvantages:

1. Industrial and busy environment in some areas.
2. Significant distance from Dubai’s tourist and entertainment hubs.
3. Limited recreational and green spaces.

Price Range for 1-Bedroom Apartments in Jebel Ali:

• Lowest Price: AED 270,000 | ~72,900 USD
• Highest Price: AED 350,000 | ~94,500 USD

Complete List of the Cheapest Homes in Dubai

Obtaining Dubai residency through property ownership is one of the most popular methods among Iranians for securing residency in the UAE. The availability of various installment payment plans has further increased this popularity.

Buying apartments in Dubai is the most favored option for both investment and living. Therefore, we will introduce a few affordable apartments and homes in Dubai and analyze the prices of budget-friendly properties. It’s important to note that property prices in Dubai can vary depending on the location and available amenities. Apartments for sale in Dubai are the most popular options for investment and to live in. So, here are cheapest properties in Dubai:

Fiora at Golf Verde

Fiora at Golf Verde is one of the cheapest apartments in Dubai that you can consider. This amazing collection is located at Akoya Oxygen (Damac hills 2) community that is among the most popular areas in Dubai. Here are the main features of this incredible apartment.

The Fiora Collection offers studio, 1BR, 2BR, and 3BR apartments that are well equipped and offer a great design. The prices for these units start from nearly AED 300K which is amazing, literally!

It should be said that low price doesn’t mean this apartment isn’t great. As it is one of the best projects of Damac Properties, it offers a well-connected location, contemporary architecture, and amenities including state of the art gym, landscaped gardens, parking etc.

An attractive payment plan makes this amazing project even more budget friendly!

Oxford Residence

Oxford Residence is also among cheapest apartments in Dubai that offers easy payment plan. It is perfect for those who are looking to budget-friendly investments. Here are details about this project…

The amazing collection of Oxford is a project by Iman Developers, and is located at Jumeirah Village Circle. Jumeirah Village Circle is a popular area for families who prefer a serene community.

A well-connected neighborhood, a thoughtful design as well as amenities like kids’ play area, infinity swimming pool, branded appliances, etc make Oxford Residence one of the most preferred properties in Dubai. Oxford Residence offers studio, 1BR and 2BR units, and the starting price is only AED 380k!

Samana Golf Avenue

Samana Golf Avenue is one of the best projects of Samana Developers, and is situated at Dubai Studio City. The unrivalled views of Dubai Skyline as well as a wealth of world-class amenities make these apartments among the most exclusive yet affordable ones!

A connected location, a unique design and also amenities such as 24/7 security, a miniature golf course swimming pool and gym make Samana Golf Avenue even more appealing. This incredible collection offers studio, 1BR and 2BR units with an excellent 7 year payment plan!

 Cheapest Homes in the Serena Area of Dubai

The Serena project is one of the most affordable developments in Dubai. This area mainly consists of row houses or townhouses, which contribute to the affordability of properties here. Buying a townhouse in Serena is an excellent choice for those looking for an inexpensive home in a peaceful environment. The price of an affordable 2-bedroom townhouse in this area is approximately AED 1 million.

Affordable Homes in Production City

Production City offers some of the cheapest homes in Dubai with full amenities. This area, which is also accessible via Sheikh Zayed Road, is highly convenient. The price for a studio apartment in this region starts at around AED 290,000, making it a popular choice for singles and students.

Low-Cost Housing in Bur Dubai

Bur Dubai, one of Dubai’s oldest neighborhoods, is well-known for its lower rental rates. This historic area attracts many tourists due to its vintage charm and international restaurants. Revitalized by its cultural attractions, Bur Dubai has become a vibrant place to live. Annual rent for a one-bedroom apartment in this area is approximately AED 60,000.

Cheapest villas for sale in Dubai

Families prefer to live in villas that offer proximity to the city’s main landmarks and also amenities. These properties become even more popular when they offer a low price. So, here are cheapest villas for sale in Dubai.

Rukan Townhouses

Rukan Townhouses are among the most popular villas in Dubai offered at exceptional price. These amazing townhouses are located at Dubailand Oasis, and offer amazing features.

Easy access to Dubai’s main landmarks, a unique lifestyle as well as amenities including BBQ area, swimming pool, clubhouse, gardens and kids’ area make Rukan Townhouses among the most desirable properties in Dubai. In addition, a simple design gives Rukan Townhouses timeless grandeur that not every home boasts! The magnificent collection of Rukan offers 1BR, 2BR and 3BR townhouses, and the starting price for these incredible townhouses is AED 300k. Rukan Townhouses are not only among the cheapest villas in Dubai, but also 1.5% monthly installment makes them as budget-friendly as possible!

Spring Townhouses

Spring Townhouses are also among the cheapest villas in Dubai. The Spring Collection offers a paradise-like style through its stunning surroundings, while the residents can also enjoy the best of urban living!

These magnificent townhouses are located at Arabian Ranches III that is filled with world-class amenities and also amazing benefits! An abundance of world-class amenities, incredible connectivity as well as a great design make these properties among the most popular ones in Dubai and also in the UAE.

This collection offers 3BR and 4BR townhouses with the starting price of AED 1.2 million. Post-handover payment plan makes these townhouses even more exceptional. If you are also looking for cheapest villas in Dubai, this one is for you. Go for it!

The Valley Townhouses

being one of the best projects of Emaar Properties, The Valley Townhouses are perfect choices for families who seek an affordable property choice.

The amazing townhouses of The Valley are beautifully crafted homes located at The Valley that is among the most desirable communities in Dubai. These popular townhouses are filled with amenities including fitness area, BBQ area, shopping mall, parking spaces as well as landscaped areas. This collection also offers close proximity to Downtown Dubai, Arabian Ranches and The Sustainable City.

A contemporary design and a serene area create a unique style of living for the residents of The Valley Townhouses. This collection offers 3BR and 4BR townhouses, and the starting price is just AED 1.16 million. Above all, a flexible payment plan makes these properties beyond affordable!

Types of Affordable Homes in Dubai to Suit Various Needs

Dubai, known as one of the most advanced cities in the world, remains a popular destination for property buyers and investors. Despite the high prices of some properties, there are still economical options available that attract budget-conscious buyers.

Studio Apartments for Initial Investments

Studio apartments are among the most affordable property options in Dubai. These apartments are ideal for singles or young couples seeking a cost-effective living arrangement.

Affordable One-Bedroom Homes

One-bedroom homes are also a great choice for budget buyers. These properties are available in various neighborhoods across Dubai, allowing buyers to start their property ownership journey with a modest budget.

Renovated Units and Pre-Owned Properties

Purchasing pre-owned or renovated units is another cost-effective way to enter Dubai’s real estate market. These properties are often priced lower and offer excellent potential for value appreciation.

Comparing the Prices of Dubai’s Cheapest Homes with Other Global Cities

Compared to major cities like London, New York, and Tokyo, Dubai continues to offer more affordable options for property purchases. This makes Dubai an attractive destination for homebuyers and investors. Key advantages of investing in Dubai include no taxes, a stable economy, and high security. However, market fluctuations and living costs can pose challenges for investors.

Comparison with Istanbul, Antalya, and Other Regional Cities

The table below highlights the differences in property prices, reasons for price variations, and the advantages and disadvantages of investing in these cities:

The choice between these cities depends on investment goals, budget, and the investor’s risk tolerance.

5 Common Mistakes When Buying Affordable Homes in Dubai and How to Avoid Them

1. Lack of Research About the Area: Always evaluate the future growth potential and infrastructure development of the area before purchasing.
2. Ignoring the Developer’s Credibility: Verify the developer’s track record and previous projects to ensure reliability and quality.
3. Overlooking Hidden Costs: Consider additional expenses such as building maintenance fees and taxes to avoid financial surprises.
4. Rushing Into Decisions: Never make hasty decisions under pressure from sellers; take your time to evaluate all options.
5. Not Carefully Reviewing the Contract: Read all clauses of the contract thoroughly and understand your rights to avoid misunderstandings later.

conclusion

According to the above, Dubai is one of the best places in the world to invest in real estate. Dubai real estate market offers attractive prices, high rental returns, easy payment plans as well as great capital appreciation. And these are the reasons why many investors from around the world choose Dubai as their first destination to invest in.

If you are also looking to invest in the extraordinary real estate market of Dubai, there are a variety of options for you. No matter how much your budget is. Just explore Dubai’s most desirable properties in dxboffplan.com and choose your own dream property in Dubai!