Nestled in one of the biggest commercial hubs of the world, Dubai is a marvel in the middle of the desert. It is home to almost 30 million people with almost 60+% of the population being expatriate. It isn’t like the other places of the Middle East. It is a modern and future oriented world. Life is fast paced and people here are very competitive. Often dubbed as the land of opportunities, Dubai’s growth has been exponential ever since the turn of the century and will continue to grow as the years pass on. This is the reason the demand for studio apartment for rent in Dubai and shared accommodation are also increasing here.
Some of the major industries in the region are Tourism, Real Estate etc. to name a few. The region has changed in almost every way. Infrastructure is world class and so are the structures in the region. The marvel of the Sheikh Zayed Road is just a highlight of what the city must offer.
Often Dubbed as the “City Of Dreams”, the number of jobs in Dubai has increased tenfold over the years. Many new opportunities are coming up. This rise has led to a sharp increase in the number of expats in the region. The expats community of Dubai consists of Europeans, Americans, Indians, and Pakistanis etc. to name a few. The best part of the city is that all these communities exist in complete sync with each other. Dubai is and will continue to draw more and more people as the years pass by. And this has given rise in the availability of apartments for rent in Dubai.
A number of Development projects have sprouted in the region over the years. Some of the notable projects include The Dubai Frame, Dubai Creek, Downtown Dubai Mall etc. Some of the projects which are planned to come up in the future include:
- Mall of the World
- World one
- Museum of the future
- Bluewater’s Island
What makes Dubai Special?
What makes Dubai special? The country has seen a growth of development which is the first and only one of its kind in the Middle East. While many countries in the region have concentrated on regional political problems, The UAE has shown tremendous progress in almost every fold. The number of opportunities, respect, and of course the drive for globalisation has pushed Dubai up the global Charts. Foreign companies are increasingly investing in Dubai as it is a very vendor friendly environment to do business in.
Dubai has managed to grow from an area of just a few buildings to an expansive mega-land in the middle of the desert. Areas like Sheikh Zayed Road, Al Barsha, Bur Dubai, Dubai Marina etc. have grown from absolute nothing to some of the most important areas of the city.
With the major influx of expats in the region, the demand for quality yet affordable sharing and studio apartments in Dubai has increased at an alarming rate. The construction industry has continued to progress and newer projects are on the rise, despite the recent financial crunch that hit the UAE. Some of the notable builders of the UAE are Emaar, Damac Properties, Sobha Builders etc., to name a few.
What are the best areas to get studio apartment for rent in Dubai?
Dubai Marina
It is one of the best places in Dubai. Its offers a type of lifestyle which is unmatched and unique in the region. The picturesque views of the Dubai Marina canal are a marvel of their own. Don’t think twice, come make your home in Dubai Marina today.
Jumeirah Lake Towers
Located just opposite the Marina area, the Jumeirah Lake Towers are a cluster of office and apartment complexes of every shape and size. The artificial canals in the area add to the already existing beauty of the place.
Bur Dubai
Often called as “Historical Dubai”, Bur Dubai is home to some of the historical marvels of Dubai. It is also home to a number of different expat communities all within close proximity of each other. The apartments for rent in Dubai are relatively reasonable especially for families and bachelors as well. Surrounding areas such as the Al Mankhool area continue to rise up the popularity charts. Multiple shopping markets along with the presence of historical places like the Dubai Museum, Bur Dubai is a must visit place for every visitor to Dubai.
Downtown Dubai
One of the true iconic areas of Dubai, Downtown is home to the magnificent Burj Khalifa which is the tallest man-made structure on the planet. In close vicinity is the Dubai Mall which attracts about 30 million visitors a year. The Dubai Fountain is another famous attraction in the area. A number of apartments and private rooms on rent have come up in the area which are very expensive. But for those who can afford to live here, the lifestyle on offer is truly unmatched and enjoyable.
Deira
One of the most commercial areas of Dubai, Deira is home to one of the biggest markets in the country. It is one of the oldest areas of Dubai. It is also home to one of the largest density of Indians and Asians in the region. This has led to the rise of many Indian and Asian Cuisine restaurants in the region. So, if you are in this place for job or study, then shared accommodation and bed spaces on rent will be a great choice for you.
Palm Jumeirah
It is also one of the best places to live in Dubai. The beach facing houses offer some of the most spectacular views of the beach. The iconic Palm and Atlantis The Palm Hotel are the most notable attractions in the region. Villas here start at about AED 4 Million. The island is also home to a few celebrities like Shah Rukh Khan and a few more.
Now that some of the best areas of the city have been discussed, let us now talk about some of the most affordable apartments in Dubai.
Jumeirah Lake Towers Residence
A residential stretch of about 1.7 miles, Lake Towers Residence consists of about 40 residential towers. They house some of the most luxury flats in Dubai. Though the price of the place is relatively high, the lifestyle on offer is certainly unmatched. The project has 6000+ apartments and is also home to the majestic JBR The Walk project. Apartments here start at close to AED 200,000 per year annually. It’s certainly worth the investment for those who can afford it.
Dubai Land
A project which is expected to open up in early 2018, Dubai Land is one of the most awaited projects of the year. There are about 7000 units of housing on offer at the project. The best part of the project is that the units are available on mid-tier pricing range.
MBR city
With the phase one of MBR city already out, the USD 10 Billion is one of the most attractive townships in the region. Located on Al-Khail road, the city is spread over a sprawling 440 Hectares. The project by Meydan Sobha is expected to cover close to 1600 villas along with facilities such as an 8.8 kilometer cycling track along with a host of other sports and leisure facilities. If you are looking for renting in Dubai, you can contact them.
Serenia Residence
Located at one of the crescents of Palm Jumeirah, Serenia Residence is a beachfront property worth at a price of USD 400 Million. The vast property is spread over an area of about 7,896 square meters consisting of a total of 25o units of 4 BHK apartments and penthouses.
Al Habtoor City
Al Habtoor City is a part of the ambitious Dubai Water Canal Project on Sheikh Zayed Road. Valued at over USD 3 Billion, the project consists of 2 74-storey and a 52-storey building. There are a total of 1460 apartments on offer. The apartments range from a single bedroom to ultra luxury penthouses. It also has three five-star hotels coming up along with a theatre for the Franco Dragone Entertainment group. It is going to offer a luxury like no other and is certainly worth the investment. It can be a good option for those who are looking for fully furnished apartments in Dubai.
Dubai Wharf
Nestled close to the Dubai creek and in close proximity of the Cultural village, the project houses about 4 towers. The project is aimed towards covering a wide range of customers. 600 Budget friendly studio apartments along with single and double apartments are located on the project. It is located near to the Jaddaf Metro Station.
Town Square, Nshama
Dubbed as “Affordable Housing”, the projectis located in Al Barsha district of Dubai. It is expected to accommodate about 3000 townhouses and 18,000 apartments. As early as early 2018, about 3000 units of the project will ready for occupation. Student or job holders who are in search of cheap apartment for rent in Dubai, this can be a good option for them.
Oia Residences, Dubai Motor City
The upscale project is valued at a sky-high value of USD 125 Million. The project will feature about 269 units of residences each equipped with private terrace gardens amongst a host of other luxury additions to the project.
Emirates Hills
Named after the “Beverly Hills”, the Emirates hills is an upscale gated community located in the city of Dubai. It consists of an 18-Hole golf course as part of a number of other luxurious facilities on offer. Ever since its inception in 2003, the project has managed to attract a number of celebrity residents. Some of the big names include the Late Benazir Bhutto, Sunil Vaswani, Arif Naqvi etc. to name a few.
XXII Carat, Palm Jumeriah
The project consists of 22 luxury villas on Palm Jumeirah. Every villa is a beachfront property with a size ranging from 8,000 to 13,000 sq. feet.
Several social media influencers such as Mohanad Alwadiya have helped in the publicity of upcoming projects in the region.
All the major projects have been listed above. But how to choose which property is the right one for you?
With the World Expo 2020 coming up, many of the investors are looking towards expanding the real estate industry in the country. Areas in close vicinity to Sheikh Zayed Road along with those close to Emirates road are being targeted for development. Studio apartments in Dubai are available for sale for as low as 200,000 AED. The rental prices are pretty low as well. So right now, it is the best time to invest.
How to choose the best area for your rental apartment in Dubai?
Dubai is a very stressful environmental especially when it comes to traffic and work stress levels. The mechanical life in the city certainly pushes everyone to the limit. The exact location of your workplace, school location, traffic, etc has an all-important role to plan when it comes to choosing an ideal locality for your room. Following are a set of few points which may certainly influence your decision:
- Affordability of the area. Areas such as Downtown Dubai, Palm Jumeirah, are all fancy localities with sky high prices. However, these areas are financially accessible to just a few sections of the society. Hence, choosing the right area which is in sync of your financial levels is important.
- Decide on which type of house you wish to rent/purchase. If your family is big in number, a villa is the best option to opt for. One must note that villas start at almost AED 1 Million plus. Even the rents are at a few lakhs. Hence, if you want to rent flats in Dubai, a bit of planning needs to be done before making an investment of this altitude.
Make use of websites such as Dubizzle where you will find listings of villas and larger apartments for rent in Dubai which are in close vicinity to the major metro stations.
This article has been put together in order to introduce everyone to the best areas of the city. Despite the influx of money into the city development, there are a few issues concerning the feasibility of the projects. There are ample numbers of flats, however, there are no buyers or tenants to rent out to. However, areas like Mankhool are sprouting with low range and budget studio apartment complexes which can be rented out with ease. However, the state of the real estate market has improved since the turn of 2018 due to a fair recovery in the prices of properties. The presence of shared accommodations, studio apartments, budget flats and bed spaces etc. makes them a perfect fit for bachelors and families alike.
Research, explore and choose your home wisely! Dubai is certainly a gold mine but one has to make tough decisions. However, with just a pinch of smartness, you can have a pleasant stay in Dubai.
In order to find the best rooms and studio apartments for rent in Dubai, Abu Dhabi or Sharjah head over to our page: HOPO Homes
What does this blog answer?
- What are the best areas to get studio apartment for rent in Dubai?
- What are the most exciting residential projects coming up in Dubai?
- How to find a room for rent in Dubai ?
- How to search for right apartment for rent in UAE ?
- Where to find the best studio apartment for rent in Dubai ?
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