A list of regions in Dubai that are characterised by renting residential units at fair and inexpensive costs was monitored by the real estate website known as "Property Finder" in a recent report.
The "Deira" area was found to be the most desirable of these Dubai neighbourhoods. According to the survey, Dubai is a significant destination for families, visitors, businesspeople, and investors alike. This leads a lot of people to look for home that is within their price range. A number of other neighbourhoods are included on the list, including "Deira," "International City," "Satwa," "Al Qusais," "Remraam," "Dubai South," and "Dubai Production City."
Area of Deira
According to the findings of the survey, the Deira neighbourhood, which is the oldest business centre in Dubai, is one of the neighbourhoods that has the highest demand for housing and steady living conditions. Names like "Port Saeed," "Nayef," and "Raqqa Al-Bateen" are examples of the prosperous neighbourhoods and residential complexes that are included in this area.
Rental values in "Deira Dubai" begin at 28 thousand dirhams annually for a residential apartment in the "studio" category, at 46 thousand dirhams annually for a residential apartment in the category of one bedroom and a living room, and at 65 thousand dirhams annually for a residential apartment in the category of two rooms and a hall. These figures are based on the size of the apartment.
It is estimated that the annual rental value of a three-bedroom flat is approximately 95,000 dirhams on average.
Title: "International City"
In turn, International City came in second place with an average rental value of 23.45 thousand dirhams annually for the "studio" category, and an average of 33 thousand dirhams annually for a one-bedroom apartment and a hall. On the other hand, the average rental value for a two-bedroom apartment and a living room is 48 thousand dirhams, and the average rental value for an apartment with three bedrooms and a living room is approximately 100 thousand dirhams annually.
Regional Satwa
The "Satwa" neighbourhood came in third place, with an average rental value of approximately 50,000 dirhams per year for a residential apartment that is classified as a "studio." The rental value for an apartment that has one bedroom and a living room is 70,000 dirhams, and the rental value for an apartment that has two bedrooms and a hall is 90 thousand dirhams. The rental value for an apartment begins at 50,000 dirhams. The annual rent for this accommodation is 149 thousand dirhams, and it has three bedrooms and a hall. The Al Qusais region, on the other hand, came in at number four. There are a number of residential complexes in this region, in addition to the low- and medium-rise buildings that are characteristic of the general area. A "residential" area and a "industrial"region are also separated from one another inside this area. The average annual rental value for a "studio" apartment is approximately 29 thousand dirhams, and the average rental value for an apartment with one bedroom and a hall is 39 thousand dirhams. On the other hand, the average rental value for an apartment with two bedrooms and a hall is 48 thousand dirhams, and the average rental value for an apartment with three rooms and a hall is sixty thousand dirhams.
The "Al Remraam" region
In accordance with the findings of the survey, the "Remraam" region came in at number five. This region is split into two distinct regions: There are multiple residential towers included in it. In Al Remraam, the average rental value for studio units is approximately 34,000 dirhams, the average rental value for an apartment with one bedroom and a hall is approximately 47,000 dirhams, the average rental value for an apartment with two bedrooms and a hall is approximately 76.5 thousand dirhams, and the average rental value for an apartment with three bedrooms and a hall is approximately 35,000 dirhams.
Dubai, the City of Production
One of the distinguishing features of Dubai Production City is the wide variety of real estate units and luxury flats that come equipped with fully functional amenities. The average annual rental value for a "studio" unit is 33 thousand dirhams, the average rental value for an apartment with one bedroom and a hall is approximately 48 thousand dirhams, the average rental value for an apartment with two bedrooms and a hall is sixty thousand dirhams, and the average rental value for an apartment with three bedrooms and a hall is seventy-two thousand dirhams.
The "Dubai South" regions
The average rental value for a studio apartment in the "Dubai South" area is approximately 33,000 dirhams per year. The average rental value for an apartment that falls into the category of having one bedroom and a living room is 48,000 dirhams per year. The average rental value for an apartment that has two bedrooms and a living room is 70.000 dirhams per year, and the average rental value for an apartment that has three bedrooms and a living room is 120 thousand dirhams per year.