Ajman is the cheapest place to rent property in the UAE
In our latest quest to find affordable property, we stumbled across PropertyFinder’s latest trend report which claims that property rent in Ajman is actually the cheapest in the UAE.
According to the report, the average price per square foot of an apartment in Ajman is AED30 while the average price per square foot of a villa is AED22.
If you’re not willing to move, we understand and, we’ve also searched the interweb to find where the cheapest spots to rend in Dubai are...
According to property management company Asteco, International City is the cheapest place to rent a one bedroom apartment with an average annual rent of AED40,000.
Deira and Jumeirah Village follow in second and third place with an average annual rent of AED50,000 and AED55,000, respectively.
Those willing to spend AED55,000 per year need not be limited to Jumeirah Village. One-bedroom apartments in Dubai Sports City and Discovery Gardens are available for that price tag too.
If you've got a bit (a lot) more cash to spare, you can rent yourself a one bedroom apartment in Palm Jumeirah for AED110,000 a year. You can do the same in DIFC for AED100,000 and in Downtown Dubai and Jumeirah Beach Residence for AED95,000 a year.