Invest in studios in Dubai under AED 500K

Here is why you should waste no time in buying yourself a studio…

Studios have become quite popular in recent years among cities all over the world, with more and more investors opting to buy studios rather than larger apartments or villas. Ever wondered why?

  1. Studios generally offer high capital appreciation and offer good rental yields. Who wouldn’t want that?
  2. In case you are looking to sell it in the future, they are usually easy to sell.
  3. You can invest in a studio, a low-cost asset, to help save for something bigger in the coming years!
  4. Studios are best for singles, students or couples looking to buy a home for themselves because it’s simply cost-effective.

What is the key component to look into before buying a studio?

Always remember location is key in a property investment.It would be best if it’s located in the city center, close to a workplace or university. In the case that you would like to sell it in the future, the selling point would be where it’s located.

To help you on your hunt for studios in Dubai, we’ve handpicked 6 low-cost studios in prime locations below:

Town Square by Nshama

Image Credit: Nshama

On September 2017, the first residential community in Town Square Dubai came to life.

It’s quite rare to find studios in Nshama, Town Square and they’re generally quite sought after by investors because Town Square is positioned in a prime location in Dubai.

Town Square by Nshama offers a wide range of lifestyle amenities including a modern gymnasium, coffee shops, convenience store, swimming pool, tennis court, basketball court, jogging track and cycling trails.

Town Square is situated at the intersection of Al Qudra and Emirates Road and covers 31 million square feet and is designed with unconventional public spaces. The project includes 600 retail outlets, 350 of which are located in the square itself. Town Square offers a stretch of cafes and restaurants making it perfect for dining.If your an outdoor person then you won’t mind the well-equipped green communities which Town Square offers it’s residents!

Jumeirah Village Circle, JVC

JVC is a wonderful freehold community which was first launched in 2005 with the majority of it complete and some parts may still be under construction. JVC offers a wide range of projects with all types of property: villas, apartments, townhouses, meaning buyers have a lot of choices.

You can unravel many affordable studios below 500 K in JVC and it’s located not too far off from communities such as Dubai Marina, Jumeirah Lakes Towers, and Jebel Ali among others hence making it an ideal location for buying. 

Jumeirah Village Triangle, JVT

Image Credit: Livinstyle

Jumeirah Village Triangle was launched in 2005 and completed in 2012. It’s regarded as one of the many affordable and sought after communities by investors.

JVT has a number of parks, basketball courts, bicycle tracks, tennis courts and children play areas. If you’ve got a dog or any other pet, you’ll be happy to know it’s also a pet-friendly community.

The Jumeirah Village Triangle comprises a series of villages linked to each other by lovely unenclosed landscape areas and canals. Jumeirah Village Triangle architecture combines both the Mediterranean and Arabian styles and themes. It’s distinctive design of red -tiled roofs, carved doors, and ornamental spiral columns bring out the very best of traditional Middle Eastern elements of design.

Dubai South 

Dubai South was launched as a government project in 2006 and was built to sustain a population of one million. Dubai South will no doubt develop into the preferred community to live work and invest in the coming years as we close in on 2020.

Its residential district is in close proximity to several key landmarks in Dubai and is easily accessible from Downtown Dubai and Abu Dhabi. Although most of Dubai South is still under construction, it will no doubt turn into one of most talked of communities in Dubai upon completion.

Remraam, Dubailand

Remraam in Dubailand was first launched in 2007 and completed in 2013. If you enjoy living amidst nature and would like all the modern day lifestyle facilities and amenities then this community might be of interest to you. The buildings are spread out meaning lots of space between the various buildings. Remraan has a wide range of studios, all of which are well below 500K!

Al Furjan

Image Credit: Nakheel

Al Furjan was launched in 2007 and is now a complete vibrant and affordable residential development. It’s one of the closest communities to the new airport, (Makhtoum International Airport) which is expected to be a major employment center in the coming years.

Al Furjan is conveniently located within 5 min to Ibn Battuta Mall and 10 min to Dubai Marina and JBR.  It’s a community which offers a wide variety of hotels, restaurants and dining outlets catering to everyone’s needs. Al Furjan is marked as one of the top communities to buy affordable studios or apartments within Dubai because it’s an emerging hot-spot.

Head to dubizzle and browse more studios for sale under 500K here.

 

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