The Allsopp & Allsopp Dubai Property Market Report for Q3 2024 is now availableRead the report
As we close off the first half of 2024, Dubai’s property market has shown impressive growth across all residential sectors with no signs of slowing down.
If you ask us, there’s something pretty special about moving into a new home, especially in a city like Dubai.
So, have you been on the hunt?
Studio, one and two-bedroom apartments are a great option for those looking to rent budget-friendly spaces in Dubai and provide a perfect canvas for you to create a cosy and comfortable living space.
Here’s our top three reasons why you might want to consider renting an apartment:
1. Affordability
One of the biggest advantages is that smaller apartments are typically lower in cost. Meaning you can save money on rent and have more cash on hand for other things.
2. Convenient locations
Many smaller spaces are located in desirable neighbourhoods that are close to amenities such as shops, restaurants and entertainment options. Making it easier to enjoy all that the city has to offer without the travel!
3. Cosy atmosphere
With less space to fill, you can focus on creating a warm and welcoming environment that feels like home, priositing the things that matter most and letting go of unnecessary clutter. They are also easier to clean - which is always a bonus!
Convinced?
We don’t blame you - and that’s just to name a few.
Take a look below as we’ve pulled together Dubai’s top ten most popular areas that are budget-friendly if you are looking to rent:
Dubai Marina
The Marina has become an iconic spot for those looking to live in the heart of the city. Here you’re spoilt for choice, with endless hip restaurants, buzzing bars and trendy retail outlets. Perfect for the outgoing couple who can’t seem to hack a weekend in.
Dubai Marina is also perfect for those who enjoy an active lifestyle with a water-front route perfect for running, walking and cycling.
Rent typically starts at AED 90,000 for a studio apartment, with the average two-bed climbing up to AED 145,000 and higher depending on your pick for views, amenities and more!
Click here to view our listings in Dubai Marina.
Jumeirah Lake Towers
After its recent re-brand this vibrant community has never looked better! Jumeirah Lake Towers, also known as JLT, is built up of four lakes. Home to some of the city’s most talked about cafes, gyms, hotels and even spas - there’s no wonder why this buzzing neighbourhood has become a hot-spot for couples and young families.
Slightly less central than the likes of Dubai Marina, it is generally cheaper to rent here and you’ll have direct access to Sheikh Zayed Road and Al Khail Road.
Rent in JLT typically starts from AED 50,000 for a studio, going up to AED 115,000 for an unfurnished two-bedroom apartment. Take a look at some of our amazing listings here.
Downtown Dubai
Housing the world’s tallest tower and world’s largest mall, Downtown Dubai is a location that has something for everyone.
Arguably the city's most sought-after metropolitan neighbourhood, you have everything you could need and more on your doorstep - including the famous fountains!
If you’re looking for luxury, this is the area for you. With the average rental price starting from AED 100,000 for a studio apartment up to around AED 180,000 for a furnished two-bedroom apartment.
Discover your next home here.
Jumeirah Beach Residence
If you’re looking for beachside living, with top-notch restaurants and entertainment spots within walking distance of your home - Jumeirah Beach Residence (JBR) is where it’s at.
Take a walk along the shore after a long day at work and enjoy the beachy breeze, or grab a last minute movie with friends - one thing is for sure, you’ll never be bored living in this hotspot.
Rent here ranges from AED 70,000 for a studio rising to AED 250,000 for a two-bed duplex apartment. Check out our live listings here.
DIFC
A financial hub by day turns to a vibrant hub by night, home to inspiring art galleries and fine-dining vistas. DIFC is home to many luxurious towers and high-end restaurants, many of which are Michelin starred.
Priced to suit high earning individuals, it’s generally a place for those looking for a luxury lifestyle in a location easily accessible to the city's key business districts.
Rents usually range from AED 85,000 for a studio rising to AED 300,000 for a luxury fully-furnished three-bedroom apartment. Sounds like what you’re looking for? Click here.
Business Bay
Business Bay does what it says on the tin and is home to multiple commercial headquarters, high-rise towers and office blocks.
A community designed to cater to a variety of lifestyles, it provides both affordable and luxury living options.
It’s also home to various supermarkets, cafes, dog parks and fitness centres - so everything you need is in walking distance.
Rents in Business Bay typically range from AED 55,000 for a studio space and can rise up to AED 120,000 for a two-bed apartment. Take a look at the listings here.
Jumeirah Village Circle
Named Dubai’s most sought-after community (so far) in 2023, Jumeirah Village Circle, most commonly known as JVC, is nestled between Al Khail Road and Mohammed Bin Zayed Road.
Here you’ll find a family-focused neighbourhood that will take you a step away from the hustle and bustle of city life. A popular option for those looking for more budget-friendly place to call home.
Rents start at AED 37,000 for a furnished studio rising to around AED 130,000 for a two-bedroom apartment. Discover your dream home here.
Dubai Creek Harbour
Dubai Creek Harbour is known for its stunning lagoons, lush greenery and sea-facing, skyline views.
So if you’re looking for a home that says, peaceful but trendy and chic - look no further. As one of the city's most exciting upcoming communities, it’s also attracting plenty of retail outlets, restaurants and hotels!
Rents begin at AED 75,000 for a one-bedroom apartment and can range all the way up to AED 120,000 for a lagoon-facing two-bed apartment. Take a look at the listings here.
Discovery Gardens
The landscaping of the community is inspired by Mediterranean and Arabic architecture, featuring beautiful courtyards, fountains, and sculptures.
The community also has a number of transport links and recreational facilities, including swimming pools, tennis courts, and playgrounds.
Rents in the community begin at AED 50,000 for a one-bedroom apartment. Take a look at the listings here.
Dubai Sports City
Sports City is a vibrant community, perfect for sports enthusiasts and those who appreciate an active lifestyle.
The area is home to a wide range of state-of-the-art sports facilities, including a world-class cricket stadium, football academy, rugby park and a golf course.
Although the metro does not yet reach here, it’s conveniently located close to major transportation routes and key roads.
If you’re searching for an affordable apartment, rent here typically starts at AED 35,000 for a one-bedroom apartment and can range up to AED 80,000 for a three-bedroom. Let us help you find the one here.
If you need to find somewhere to sip on a cocktail, or mocktail to discuss where your next move may be (it’s hard work!) why not take a look at our recent blog: Top pool days to explore this weekend!