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In the recent years, the appearance of affordable properties for sale in Dubai, opened up the real estate market for a wider demographic. This means that if you’re interested in investing in property in the emirate, you can find a perfect fit for you, for under AED 800k.
The Jumeirah Village Circle (JVC)
This property had a rather quick popularity boost among buyers and renters. One of the reasons for this demand are the amenities and facilities that the property offers. Another reason is that residents have a quick and easy access to the Dubai Marina, Dubai Internet City, JLT and Dubai Media City. The apartment complex offers urban living spaces and facilities in a serene village-like setting. The average rent for a studio in JVC is set at AED 426k, and for a 1 - bedroom apartment - AED 690k.
The Dubai Silicon Oasis (DSO)
This modern suburb is filled with technology and innovations. The development consists of residential buildings, which are a perfect fit for those who want a comfortable and affordable lifestyle in Dubai. The property features such facilities as gyms, pools, saunas and steam rooms, and is located in a close proximity to shops, supermarkets and restaurants. This neighbourhood is also one of the most affordable in Dubai with studio apartment prices set at AED 225k.
Dubai Sports City
Another area with affordable properties, which offers a combination of urban living at its best and the comfort of a suburban area. This community is a perfect fit for families. It includes such amenities as supermarkets, entertainment facilities and eateries. Its convenient location makes it an attractive proposition for property buyers and tenants. Moreover, this property is a hot-spot for sport enthusiasts and offers a wide range of sporting facilities for residents.
International City
Most apartments in the International City are available for less than AED 800k. It has a diverse set of living spaces arranged in country-themed clusters, and other buildings, which serve as homes to expats. The neighbourhood includes supermarkets, sporting facilities and small restaurants, while most apartment buildings have private gyms and swimming pools. The average price for a studio apartment is AED 321k.
Jumeirah Lake Towers
Is another top affordable area to buy an apartment in Dubai. The property is set around artificial lakes and has 26 clusters (named from A to Z). Each cluster has three high-rise towers along with offices, hotels and shops. The neighbourhood also has schools, restaurants, and supermarkets. Residents with personal vehicles can quickly access Sheikh Zayed Road (E11) and First Al Khail Street. Plus, public transport is readily available. So, whether you have a personal car or not, this area is perfect. Studios at JLT start at AED 488k.
With the increasing speed at which the UAE real estate market is growing and developing, it is always a good idea to invest in property. Even if you don’t end up living in the apartment you bought, you can always rent it out for profit. Investments in Dubai is a sure and secure investment in your own future.
