Top 9 most affordable communities to buy an apartment in Dubai

With the market becoming more affordable to buy a home, it might be the right time to consider budgeting towards your own mortgage instead of your landlords, don’t you think? To help figure out the best places to buy an apartment in Dubai, we made a list of the top affordable communities to consider when buying a studio or one bedroom apartment.

Below are 9 hand-picked communities to buy an apartment in:

One bedroom selling prices in Liwan, Dubai Land dropped by 20.5%

 

The median price for an apartment for sale in Liwan is AED 653 per sqft.

A one bedroom apartment for sale in Q4 2016 costed AED 629K  while in Q4 2017 a one bedroom was worth 500K.

Liwan is a part of Dubailand which covers an area of 278 square meters and includes 45 mega projects and 200 sub projects. Dubailand consists of six zones: Attractions and Experience World, Sports and Outdoor World, Ecotourism World, Themed Leisure and Vacation World, Retail and Entertainment World, and Downtown. 

Liwan offers a variety of  mid-tier apartments to choose from. Below are the median prices for a studio and one bedroom apartment in Liwan, Dubailand.

Click here to find out where Liwan, Dubailand is located.

Buy a studio in Dubai South for 389K

 

 

The median price of an apartment for sale  in Dubai South amounts to AED 754 per sqft.

A studio in Dubai South in Q4 2017 amounted to AED 389K and a one bedroom apartment in Q4 2017 amounted to AED 549K.

Dubai South was recently launched in 2016  to bring to market more affordable housing and consists of multiple developments such as: Dubai World Central Residential City, Dubai World Central Enterprise Park, Al Maktoum International Airport and Dubai World Central Golf City.

 In addition, Dubai South hosts multiple landmark events such as the much talked about World Expo 2020 and the world- class Dubai AirshowIn terms of accessibility, Dubai South is easily accessible from Downtown Dubai and Abu Dhabi. Expect Dubai South to draw in lots of tourism in the coming years!

Click here to find out where Dubai South is located.

Studio selling prices dropped by 9% in Remraam

 

The median price for an apartment for sale is AED 857 per sqft.

A studio in Q4 2016 went for AED 495K while in Q4 2017 it decreased to AED 450K and a one bedroom apartment in Q4 2016 went for AED 710K while in Q4 2017 it decreased to AED 620K.

The Remraam community is located in the heart of  Dubailand and is located in between Jebel Ali Free Zone and Al Maktoum Intl. Airport and is adjacent to Motor CityRemraam is sitting in the center of major locations in Dubai and it’s caught the attention of home buyers recently who are looking for more affordable communities to buy properties in. In terms of accessibility, Remraam has easy access to Sheikh Mohammed Bin Zayed Road, Emirates Road and Al Maktoum International Airport at Dubai World Central.

Click here to find out where Remraam is located.

One bedroom selling prices in Dubai Production City IMPZ dropped by 5.2%

 

The median price for an apartment for sale is AED 869 per sqft.

A studio in Q4 2016 went for AED 500K while in Q4 2017 it went for AED 517K and a one bedroom in Q4 2016 went for AED 770K while in Q4 2017 it decreased to AED 730K.

Dubai Production City is a development which covers an area of 43 million square feet just along Emirates Road. It’s placed by man made lakes and has beautiful picturesque landscapes.

Aside from IMPZ having so much to offer, it’s considered to be one of the most affordable communities to buy an apartment in Dubai.

Click here to find out where IMPZ is located.

Studio selling prices dropped  by 2.4% in Dubai Sports City

 

 

The median price for an apartment for sale in Dubai Sports City is AED 864K per sqft.

A studio in Q4 2016 went for AED 425K while in Q4 2017 it decreased to AED 415K and a one bedroom apartment in Q4 2016 went for AED 670K while in Q4 2017 it decreased to AED 635K.

Dubai Sports City is situated on Mohammed Bin Zayed Road and consists of mid-rise apartments, villas and townhouses and is split into multiple districts, just to name a few: Canal Residence, Victory Heights and Gallery Villas.

Dubai Sports City (also known as DSC)  is a sports complex with multiple sports venues such as Dubai International Cricket Stadium, Spanish Soccer Schools, ICC academy and more.

Click here to find out where Dubai Sports City is located.

 

Buy an affordable one bedroom in Majan, Dubailand for 718K

 

The median price of an apartment for sale is AED 933 per sqft.

A studio in Q4 2017 went for AED 600K and one bedroom apartment in Q4 2017 went for AED 718K .

Majan is a sub development  of Dubailand and covers around 15.6 million square feet. Once complete it will be considered to be the heart of Dubailand and the go to place as it will compromise of 32 percent residential apartments, 44 percent retail and the remainder will be for commercial use.

Click here to find out where Majan, Dubailand is located.

 

Studio selling prices dropped by 2.2% in Motor City, Dubailand 

 

The median price of an apartment for sale is AED 934 per sqft.

A studio in Q4 2016 went for AED 680K while in Q4 2017 it decreased to AED  665K and a one bedroom apartment in Q4 2016 went for AED 1.1M while in Q4 2017 it decreased to AED 995K.

Motor City is a motor sport themed  development which is part of Dubailand. Motor City compromise of 4 parts: Dubai Autodrome, Uptown Motor City, Green Community Motor City, Business Park Motor City and F-1X Dubai.

The Green community in Motors City consists of family houses, townhouses, bungalows and apartments.

Click here to find out where Motor City, Dubailand is located.

 

One bedroom selling prices in Al Furjan , Jebel Ali Village dropped by 8.5%

 

The median price of an apartment for sale went for AED 1005 per sqft.

A studio in Q4 2016 went for AED 523K while in Q4 2017 it went for AED 550K and a one bedroom in Q4 2016 went for AED 940K while in Q4 2017 it went for AED 860K.

Al Furjan is located between Sheikh Zayed Road and Mohammed Bin Zayed Road, adjacent to Discovery Gardens community. The development consists of low rise apartment buildings which include villas, townhouses and residential plots. Located within just a close proximity of 4 km to schools and malls. Al Furjan is conveniently located within 5 min to Ibn Battuta Mall and 10 min to Dubai Marina and JBR.  Al Furjan  community offers a wide variety of hotels, restaurants and dining outlets.

Click here to find out where Al Furjan is located.

 

Buy an affordable studio or one bedroom in Meydan 

 

 

The median price of an apartment for sale went for AED 1240 per sqft.

A studio in Q4 2016 went for AED 800K , in Q4 2017 it went for AED 1.1 M and a one bedroom in Q4 2016 went for AED 450K, in Q4 2017 it went for AED 730K.

Meydan is a unique metropolis, housing 83,000 residents in an eco-friendly environment. It contains the world’s largest residential tower, the Medyan One mall, hotels,a grand plaza and the world’s longest indoor ski slope at 1 km long. Aside from that it has a 1,829,865 square feet central park.

In terms of accessibility, it’s strategically placed by major highways and surrounded by green lush landscaping. Meydan One  also contains a 4 km man made waterway which has access to the arabian Gulf allowing residents and visitors in to the marina through yachts and boats.

Click here to find out where Meydan is located.

Looking to buy a studio or one bedroom apartment? Browse properties for sale here.

 

 

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