1 Answers
DesertDreamer
Updated:10/08/2024
Dubai offers diverse real estate options, including affordable housing in certain areas. This exploration identifies specific neighborhoods known for cheaper property prices.
1. Frequently Asked Questions
- Q: What areas in Dubai offer affordable housing?
- A: Areas like International City, Dubai Land, and Al Furjan have relatively lower property prices.
2. Areas with Affordable Housing
| Area | Average Price (AED) | Location Benefits |
|---|---|---|
| International City | 300,000 – 500,000 | Proximity to Dragon Mart, affordable amenities. |
| Dubai Land | 400,000 – 600,000 | Spacious layouts, family-oriented community. |
| Al Furjan | 500,000 – 700,000 | Well-connected, emerging neighborhood. |
| Dubai Investments Park | 600,000 – 800,000 | Industrial area with residential options. |
| Deira | 700,000 – 900,000 | Historical area with rich culture. |
3. Cost Breakdown of Housing
- International City: 30% of properties under 500,000 AED
- Dubai Land: 40% of properties under 600,000 AED
- Al Furjan: 25% of properties under 700,000 AED
4. Mind Map of Affordable Housing Options
- Affordable Areas
- International City
- Dubai Land
- Al Furjan
- Dubai Investments Park
- Deira
5. Summary Statistics
| Area | % of Properties Below 700,000 AED |
|---|---|
| International City | 70% |
| Dubai Land | 60% |
| Al Furjan | 50% |
| Dubai Investments Park | 40% |
| Deira | 30% |
6. Conclusion
While Dubai is widely known for its luxury real estate, certain areas provide affordable options for homebuyers. International City stands out for its budget-friendly prices, followed closely by Dubai Land and Al Furjan. These areas often feature good amenities, making them an attractive choice for first-time buyers and investors looking for affordable options.
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