Areas to rent studio apartments in Dubai under AED 40k
Looking for affordable studio rentals in Dubai? The emirate offers a wide range of rental options to suit various budgets. With plenty of pocket-friendly studios available, you can easily find a place to call home without breaking the bank. Unsure where to start your search? Check out our list of areas with studio apartments for rent in Dubai under AED 40k.
AREAS TO RENT STUDIO APARTMENTS IN DUBAI UNDER AED 40K
The consumer interest observed on Bayut reveals that International City is the top choice to find a cheap studio for rent in Dubai. Other popular areas with affordable studio flats in Dubai include Deira, Al Quoz, Al Qusais and Dubai Industrial City.
Let’s learn more about the top areas to rent studio apartments in Dubai under AED 40k.
INTERNATIONAL CITY
International City is at the top of the list of areas to rent affordable studio apartments in Dubai under AED 40k. This Nakheel development is best known for its country-themed clusters and low-rise apartment complexes.
Located along Al Awir Road (E44), International City is best known for its affordability and being home to the Dragon Mart.
The affordable neighbourhood offers amenities like clinics, supermarkets, pharmacies and sports courts, making it the most preferred area among tenants. The area also has several family-friendly restaurants serving a variety of global cuisines.
- Rents for studio flats in International City average at AED 27k.
DEIRA
Deira is a bustling neighbourhood in Old Dubai and is relatively more affordable compared to newer areas like Dubai Marina or Downtown Dubai. You can easily find budget-friendly flats in this area, including studio units.
Since rental payments make up a considerable chunk of the total monthly expenses, Deira is popular among those who want to keep their cost of living in Dubai on the lower side.
Most apartments in the area are located near the metro stations on the Green Line route, making it easy to access the city. Moreover, affordability and connectivity are the two major factors that make Deira one of the top areas to rent affordable studio flats in Dubai.
- Rental studios in Deira average at AED 28k.
AL QUOZ
Still looking for studios for rent in Dubai under 40k? Al Quoz is situated between Sheikh Zayed Road (E11) and Al Khail Road (E44).
It’s divided into residential and commercial zones. Al Quoz 1, 2, and 4 residential areas are located in the northeast, while Al Quoz 3 is mainly industrial, offering office and warehouse spaces.
- Studio apartments for rent in Al Quoz are available for AED 31k.
AL QUSAIS
Al Qusais is another old neighbourhood in Dubai divided into residential and industrial districts. Bordered by Al Nahda and Al Twar, it provides affordable studios for rent in Dubai and is close to the airport.
Dubai Metro’s Green Line and plenty of RTA buses serve Al Qusais, making it an attractive residential area for public transport users.
- Studio apartments for rent in Al Qusais are available for AED 31k.
DUBAI INDUSTRIAL CITY
Dubai Industrial City is one of the best areas to rent affordable studio flats in Dubai for under AED 40,000. The area is a strategically located economic hub designed to foster industrial growth.
Situated near Sheikh Mohammed Bin Zayed Road (E311) and Al Maktoum International Airport, it offers state-of-the-art infrastructure for businesses of all sizes.
Beyond its industrial focus, the city also provides a diverse residential market with affordable villas and apartments for rent or purchase.
- Renting studio flats in Dubai Industrial City would cost you AED 32k, on average.
FAQs ABOUT STUDIOS FOR RENT IN DUBAI UNDER 40K
CAN I FIND AFFORDABLE RENTAL APARTMENTS IN DUBAI NEAR METRO STATIONS?
Yes, you can! Deira, Al Qusais and Al Nahda Dubai are also counted among areas with affordable flats near Dubai Metro stations.
- STUDIO
- |
- 1 BATH
- |
- 423 SQFT
- STUDIO
- |
- 1 BATH
- |
- 330 SQFT
- 1 BED
- |
- 1 BATH
- |
- 821 SQFT
- 1 BED
- |
- 2 BATHS
- |
- 830 SQFT
- 1 BED
- |
- 2 BATHS
- |
- 783 SQFT
- 1 BED
- |
- 2 BATHS
- |
- 668 SQFT
- 1 BED
- |
- 2 BATHS
- |
- 804 SQFT
- 2 BEDS
- |
- 3 BATHS
- |
- 1334 SQFT
- 2 BEDS
- |
- 3 BATHS
- |
- 1334 SQFT
WHAT IS THE MINIMUM COST TO RENT AFFORDABLE STUDIOS IN DUBAI?
The minimum average rent for studios in Dubai is AED 27k for units in International City.
Bayut’s Dubai Transactions for studio apartments offers a detailed index of real estate transaction data from the Dubai Land Department, including property rent history, annual rental volume and values of area-specific rental transactions.
This resource enables you to make informed decisions by comparing advertised prices with actual transactional prices for properties of interest.
ARE THERE ANY OTHER PLACES TO RENT AFFORDABLE STUDIO APARTMENTS IN DUBAI?
Apart from the aforementioned areas, you can consider Dubai Silicon Oasis, Dubai South and Discovery Gardens to rent a studio flat in Dubai.
DO I HAVE TO SPEND A LOT OF MONEY TO RENT LARGER APARTMENTS?
While you can easily find a studio apartment for rent in Dubai, the affordable ones can sometimes be too small for your requirements. Those searching for slightly bigger units can consider the popular areas for renting cheap 1-bed flats in Dubai.
That wraps up our guide to finding affordable studios for rent in Dubai. Whether you’re looking for rental studios in Dubai on a monthly basis or an affordable, fully-furnished studio in the emirate, the available inventory will spoil you for choice.
If you’re looking to invest in studio apartments, these Dubai areas with reasonably-priced studios for sale offer good rental yields.
For more in-depth insights into the UAE real estate market, stay tuned to MyBayut.
