We have listed the cheapest residential areas based on brackets defined by the official Rera Rental Increase Calculator.The areas are listed based on the lowest rental brackets for studio apartments in annual rent (Dhs). The table below also shows the rent ranges for one-bedroom and two-bedroom apartments in the same areas.
What does this mean?
For existing tenants
This bracket determines if you are eligible for a rental increase on contract renewal this year.
If your rent currently is:
- Within or equal to 10 per cent of the average rent in the area, your rent will not or should not increase.
- Less than the average rent in the area by 11 per cent to 20 per cent, your rent can be increased by a maximum of 5 per cent of the current rent payable.
- Less than the average rent in the area by 21 per cent to 30 per cent, your rent can be increased by a maximum of 10 per cent of the current rent payable.
- Less than the average rent in the area by 31 per cent to 40 per cent, your rent can be increased by a maximum of 15 per cent of the current rent payable.
- Less than the average rent in the area by 41 per cent or more, your rent can be increased by a maximum of 20 per cent of the current rent payable.
For new tenantsThese rental brackets do not determine or allow you to bargain on the price of a new apartment that you want to move into. If you are paying within or more than the rental brackets, the advantage is that rental increase in upcoming years for tenancy renewal will be at a slower rate.
Read more about some of these areas below:
1. Al AwirA residential area yet untapped, Al Awir has a lot of new developments coming in. This area is the cheapest to rent in Dubai as per the Rera rent calculator. The nearest metro station is Rashidiya metro station on the red line and there are buses to and from Al Awir.
2. Dubai Silicon Oasis Dubai Silicon Oasis is not close to the main part of the emirate and commute will prove difficult for people who do not have their own vehicles. The area is more suited to bachelors and is not very family friendly in terms of utilities, transport and other facilities. However, International City and Academic city are just a few minutes’ drive away. Another area with similar rent brackets is Dubai Investment Park (DIP).
3. Dubai International CityThough quite far from the centre of Dubai, commute to and from this area is made bearable by RTA buses and the Rashidiya metro station which is the nearest metro stop. Dragon Mart and Al Warsan Lake are major attractions here. Dubai Silicon Oasis, Academic City and Dubai Festival City are nearest areas which can be reached in 20 minutes or less by car.
4. Abu HailAbu Hail is a popular residential area at a comfortable distance from the centre of Dubai which also has a dedicated metro station. It is mostly populated by Asian expatriates and has easy access to supermarkets and other utility outlets as well. Other areas in Dubai with nearly similar brackets are Al Ras, International Media Production Zone and Naif.
5. GardensA prime residential location, this area boasts a great environment and many utilities for families. The nearest metro is Ibn Battuta metro station and you would need to take a taxi to get to your residence. However, this won’t be for long as Dubai Metro Route 2020 will pass through Gardens and DIP. For more about the Dubai Metro Route 2020, click here.
6. Al QusaisAl Qusais may be far away from the glitter of the city centre, but staying here will give you easy access to any part of the city while protecting you from the hustle and bustle of the main areas. Sharjah is not more than 20 minutes away by car in non-peak hours. The area boasts utility outlets, schools and hospitals at every turn and has a dedicated metro stop as well. See our area guide here for more.
7. Al KaramaKarama is one of the busiest areas of Dubai with mostly middle and lower income Asian expats. The area is famous for shopping, food and good residential units. The buildings are older than the ones found in other areas. ADCB metro station is the dedicated station for Karama. Another area with similar rent brackets is Al Rigga.
8. Oud Metha
Oud Metha is mainly a business location. Residential units here are quite expensive in comparison but the area is quiet and has a dedicated metro station. There are good shopping outlets, churches and schools nearby. Al Nasr Leisureland is one of the main attractions.
Buy Bitcoin
swith Credit Card
0 comments