Where Can I Rent a One-bedroom Apartment for Under AED 50,000?
The cost of rent is always a hot topic. The past few decades have seen house prices rise, and rental fees, climb dramatically. Rent is the major cost in most cities, and amounts can be pretty eye-watering. While Dubai hasn’t been immune from rising rental costs, the last year has seen rental prices soften significantly, which is great news for those looking to move or renew their tenancy.
If you’ve ever wondered, ‘Where can I rent a one-bedroom apartment for under AED 50,000,’ typically the answer would have been in International City, Al Nahda, or out of Dubai completely. But now there are many more options available. Below we look at some communities where you can rent for AED 50,000, or even less.
Set back from the main city, the Remraam community is perfectly suited to family life. The community is well established with a range of upscale apartment buildings offering a variety of options from studio to three-bedroom apartments. There are numerous retail outlets, community sporting facilities (including swimming pools), and the development has been extensively landscaped, creating a tranquil environment for spending your leisure time.
While Remraam is a little further out, there are excellent transport links to all of Dubai’s major routes, with nowhere in the city being more than a 30-minute drive. Remraam’s location means practically no traffic noise for its residents, a rarity for Dubai renters. There is also a genuine community feel, with multiple events for residents taking place throughout the year. And for AED 50,000, you will get you a high-quality one-bedroom apartment in Remraam.
Al Khail Gate
Less than a 10-minute drive from Kite Beach, Al Khail Gate’s major selling point is location, location, location. Set right in the heart of Dubai, residents have all of the city’s major attractions practically on their doorstep. And along with its enviable location, apartments are spacious and affordable, with a good range of one-bedroom properties available for AED 50,000.
The community has many sporting facilities, including volleyball, basketball, and tennis courts as well as a gym. There are also children’s playgrounds, parks, and gardens offering residents a tranquil retreat in the heart of the city. Unlike many other more affordable locations, Al Khail Gate is community managed, meaning all building and external facilities are maintained to a high level.
Jumeriah Village Circle (JVC)
JVC may be a popular destination for expats, but this development is located on a huge site, and, as a result, there is a lot of construction and open land. With little in the way of landscaped gardens, the view from your living room can look a bit barren. Additionally, retail and dining options are still developing, though there are a few hidden gems. Most of the one-bed apartments list for AED 50,000 or less and are between 500 – 700 square feet (sq ft), so on the smaller size.
Whilst this old part of Dubai has a unique atmosphere with bustling streets full of activity, the traffic is always busy, so if you’re working in another part of the city, being close to one of Deira’s metro stations is non-negotiable. Properties near the metro demand a higher rent, though finding one around AED 50,000 is realistic. However, be very selective, as many buildings are showing their age and maintenance issues are common.
Do you want an answer to the question of ‘where can I rent a one-bedroom apartment for AED 50,000?’ Our experienced team has a huge amount of high-quality properties available at affordable rates. Get in touch to learn more by calling us on 800 9933.