To buy an off-plan property in Dubai, Location plays a vital role as landing an apartment or villa in an affordable neighbourhood is at the top of the to-do list for many in Dubai. However, finding a community that balances low rents and good vibes can be a big challenge. Affordable residential communities that also have a high-quality built-in infrastructure aren’t that easy to come by in any part of the world, however, we at Better Homes are the source for those looking for less expensive housing in Dubai. Being one of the most dynamic industry spaces in the UAE, the real estate market has undergone quite a lot of change in recent years, thus giving rise to various kinds of properties around the city. Like there are premium neighbourhoods and expensive residences catering to its vast population of wealthy expats, there are also residential communities and areas which are provided to the working people of Dubai and comprise the cheapest places to live in Dubai. Also, while choosing the areas, you also have to consider the proximity to retail establishments or easy access to public transportation. Offplandeal.com is a search engine platform which offers all the location details and the latest properties with amenities and location benefits.
Affordable Freehold Properties
Recently, in research on budget housing in Dubai, the Dubai RERA (Real Estate Regulatory Authority) published a price index which identified the best freehold places to live on a budget in Dubai. The research also reflected the changing sentiment of the real estate market in the international city, which had a significant impact on property prices. Some affordable residential communities in Dubai are:
- Jumeirah Village Circle (JVC):
JVC is nestled in the heart of new Dubai and is one of master-developer Nakheel’s most family-friendly community projects. It is a residential hub with state-of-the-art apartments, townhouses, and villas, which fall under the ‘affordable’ category. Surrounded by premium neighbourhoods like Emirates Hills and Al Barsha, and 30 mins drive from major areas like Dubai Marina and Downtown Dubai, JVC attracts quite a lot of home buyers and renters. Jumeirah Village Circle is located at the heart of Dubai with easy access from Al Khail Road and Mohammed Bin Zayed Road. Jumeirah Village Circle emerged as the 3rd most popular for buying apartments in Dubai. JVC is a growing investment hub.
- Jumeirah Village Triangle (JVT)
A freehold community, Jumeirah Village Triangle has 6,000 spacious villas close to schools, sports facilities and shopping centres. For young families, it offers an affordable taste of luxury living. Arabic and Mediterranean themed architecture compliments a serene community that offers all the benefits of living downtown and is also a quick and easy commute to other parts of the city. From landscaped gardens and cafés to fast food joints, restaurants, supermarkets, banks, pharmacies and florists, JVT has everything you need. The community is predominantly sought out for villas and townhouses, however; it is also home to apartment complexes as well. The entertainment hubs of Downtown Dubai and Jumeirah are located 20 to 25 minutes away JBR’s The Walk lies a 20-minute drive away from Jumeirah Village Triangle. Dubai International Airport is 30 minutes away from JVT.
- Dubai Hills Estate (DHE):
Dubai Hills is a master-planned development in Mohammad bin Rashid City that is being developed as a joint venture between Emaar & Meraas. The project consists of various communities with different components (villas, townhouses, plots and apartments). This is a high-end & luxury community which is considered to be one of the most popular investment options in Dubai today. Dubai Hills Estate has the location benefits such as villa community in Dubai with a mall within walking distance, the Dubai hills estate mall. The area will cover over 1.4 million sq. m. for parks and open spaces. Dubai Hills Estate is close to Downtown Dubai and Al Barsha.
- Downtown Dubai:
Downtown Dubai has become one of the attractive tourist destinations in the world. Downtown Dubai is known as the heart of Dubai. It is developed by Emaar Properties and it is known to be their crown jewel development. Due to its status and global appeal, Downtown Dubai is considered a metropolitan city. Asian, Arab and western expats have come to call the area home. The majority of these expats are young, high-flying professionals, couples or small families. Residents of Downtown Dubai have easy access to visit the Armani spa to enjoy a 50-minute rose petal body polish treatment just to escape the hustle and bustle.