If you are thinking about investing in the UAE’s real estate, Dubai is the most favourable market. It’s dynamic and profitable; Dubai attracts a lot of investors from other cities and emirates. If you are new or if you are a first-time buyer, we suggest going for 1-Bedroom Apartments in Dubai. That will not break your bank and will get you running as they are quick to sell.
As a buyer, the best real estate spots are places with relatively low prices with the potential for an increase in the future. Currently, the suburban communities in Dubai are amongst the best choices; they offer 1-bedroom apartments with high-end architecture and modern amenities.
In this article, we will explore the areas of Jumeirah Village Circle, International City, Dubai Sports City, and Jumeirah Lake Towers to find the best yet cheap 1-bedroom apartments in Dubai.
- Jumeirah Village Circle or JVC
JVC is equally popular both among the investors and the buyers looking for an abode. The neighbourhood of Jumeirah Village Circle is one of the greener areas in Dubai. What makes JCV an attractive choice is its close proximity to several professional hubs like Dubai Media City, Dubai Internet City, and Dubai Marina with its world-class restaurants.
As per apartments, the 1-bedroom units in JVC are spacious with high-end aesthetics and sumptuous life amenities. Also, when going on a hunt, you will find many buildings offering properties to buy so you will not face a shortage of choices.
- The average price of a 1-bedroom apartment here is 659,000 AED.
- International City
The apartments in International City are a source of massive attraction; they are divided into country-themed clusters, and the landscape sights are amazing. Also, the location of International City makes it a go-to place for investors; it’s located near the famous Dragon Mart and the neighbourhood is surrounded by supermarkets, restaurants, launderettes, and pharmacies.
In our opinion, International City is the best in terms of ROI. The prices are affordable, the choices are numerous, and the amenities it offers are modern.
- The average price of a 1-bedroom apartment here is 327,000 AED.
- Dubai Sports City
The suburban community of Dubai Sports City is a hotspot for real estate investments. Firstly, the DSC has a variety of properties available both in terms of price and size. Secondly, there are many tourist attractions near the community. And thirdly, the Dubai Sports City has outstanding sporting facilities including the Dubai International Cricket Stadium, Dubai Autodrome, and The Elfs Gold Course.
The presence of international standard schools and nurseries nearby also makes it a good spot if you are planning to move here with your family. You can also check rental properties available in DSC if you are looking to move there with your family.
- The average price of a 1-bedroom apartment here is 493,000 AED.
- Jumeirah Lake Towers
Being home to the city’s splendid free zones like DMCC and JLT, the Jumeirah Lake Towers have become a top-notch investment hub. Because of its location, it is equally popular among buyers. There are two Dubai Metro stations in close proximity to JLT; also, the entry and exit points of Sheikh Zayed Road are nearby. This makes it a perfect neighbourhood for people who rely on public transport for travelling.
The apartment JLT features are sleek and you get to enjoy the scenic beauty of lakes and parks. For groceries and everyday essentials, there are stores, salons, etc beneath each cluster of buildings so you do not have to go far.
The price here is comparatively high but the amenities, location, and incredible features of the neighbourhood make it worthy.
- The average price of a 1-bedroom apartment here is 736,000 AED.
The four areas discussed above have a large portfolio of properties available both for rent and purchase. If you are an investor, you have the opportunity to get a good rental yield from these properties and then sell them off at an ample ROI.
Also, these areas have been established recently in time and the price is going to increase manifold in the upcoming years. This makes it an ideal time for investing in property. Again, if you are starting, do consider the 1-bedroom apartments in Dubai first before going for bigger fish.