Narrowing things down: the cheapest and most expensive places to rent in Dubai

Published July 8th, 2014 - 11:42 GMT

 Looking for a place to rent in Dubai that doesn’t break the bank? Stay away from Shaikh Zayed Road or the commercial centre.

The cheapest studio apartment in Dubai can be found in International City, about 17 kilometres away from Dubai Mall, according to data compiled by property consultant Asteco. Affordable places to rent can also be found in Deira, Discovery Gardens and Jumeirah Village, which is even farther away, about 27 kilometres from the Burj Khalifa area.

Rental rates for most apartments in Dubai continued to increase in the second quarter of the year, but at a modest pace, between 1 and 10 per cent. Rents in some locations, such as Deira and Shaikh Zayed Road, have not increased a bit, although apartments in Shaikh Zayed remain one of the most expensive.

The report released on Monday, however, covered only 10 apartment locations in Dubai and did not include areas, such as Al Nahda and other peripheral communities, which may be offering better rates.

© Al Nisr Publishing LLC 2022. All rights reserved.

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