Best properties to buy for AED 800k and rent out in the UAE
With an AED 800k budget, you can explore various investment opportunities in the UAE real estate market. From cosy studios to spacious apartments, there’s a property to suit every investor’s needs. Whether you’re seeking high rental yields, capital appreciation or a blend of both, this guide will help you navigate the market and identify the best properties to buy for AED 800k and rent in the UAE.
TOP PROPERTIES TO BUY FOR AED 800K AND RENT IN UAE
Finding a property for exactly AED 800k might be challenging but not impossible! According to data fetched on Bayut, Dubai, Abu Dhabi, Sharjah and Ras Al Khaimah offer a wide range of properties for this amount.
Let’s look at popular properties to buy under AED 800k and rent in the UAE.
DUBAI
Dubai, a global real estate hub, offers a diverse range of properties for an AED 800k budget. While this may not secure a luxurious villa for sale in prime locations like Palm Jumeirah, it can still provide excellent investment opportunities.
Fortunately, those looking for investment opportunities in the AED 800k range will not be disappointed with the portfolio available. Several areas, ranging from affordable to mid-tier, feature vast properties for your consideration.
Residents will also have easy access to premium amenities, including a temperature-controlled swimming pool, a well-equipped gym, children’s play areas and dining options, all within walking distance.
Have a look at these top properties to buy for AED 800k and rent in UAE in Dubai:
- JLT, Meydan City, and Mohammed Bin Rashid City are good places to buy studio apartments for AED 800k.
- Dubai Silicon Oasis (DSO), Dubai Sports City, Dubai Production City and Town Square all feature stunning one-bedroom flats for sale in this price range.
Once you get the ownership, here is how much you can rent out your apartment for:
Area | Bed Type | Annual Average Rent |
---|---|---|
Area Jumeirah Lake Towers (JLT) | Bed Type Studio | Annual Average Rent AED 61,000 |
Area Meydan City | Bed Type Studio | Annual Average Rent AED 47,000 |
Area Mohammed Bin Rashid City | Bed Type Studio | Annual Average Rent AED 62,000 |
Area Dubai Silicon Oasis (DSO) | Bed Type 1-bed | Annual Average Rent AED 59,000 |
Area Dubai Sports City | Bed Type 1-bed | Annual Average Rent AED 61,000 |
Area Dubai Production City (IMPZ) | Bed Type 1-bed | Annual Average Rent AED 64,000 |
Area Town Square | Bed Type 1-bed | Annual Average Rent AED 63,000 |
- 1 BED
- |
- 2 BATHS
- |
- 741 SQFT
- 3 BEDS
- |
- 2 BATHS
- |
- 1121 SQFT
- 1 BED
- |
- 1 BATH
- |
- 719 SQFT
- 1 BED
- |
- 2 BATHS
- |
- 984 SQFT
- 2 BEDS
- |
- 3 BATHS
- |
- 2095 SQFT
- 4 BEDS
- |
- 5 BATHS
- |
- 3166 SQFT
- 1 BED
- |
- 1 BATH
- |
- 859 SQFT
ABU DHABI
The capital city is next on our list of areas to buy property for AED 800k and rent in UAE. Surprisingly, several Abu Dhabi areas are offering great apartments for sale for AED 800k. From studios to large 2-bedroom flats, you can take your pick!
- Consider Al Reem Island to buy a studio for AED 800k.
- Masdar City has a collection of 1-bed flats for sale in this range.
- For two-bedroom apartments, try your luck in Al Reef and Al Ghadeer.
If you plan to rent out your apartment after getting hold of it, here’s what you can expect to make:
Area | Bed Type | Annual Average Rent |
---|---|---|
Area Al Reem Island | Bed Type Studio | Annual Average Rent AED 54,000 |
Area Masdar City | Bed Type 1-bed | Annual Average Rent AED 65,000 |
Area Al Reef | Bed Type 2-bed | Annual Average Rent AED 74,000 |
Area Al Ghadeer | Bed Type 2-bed | Annual Average Rent AED 71,000 |
- 1 BED
- |
- 2 BATHS
- |
- 849 SQFT
- 2 BEDS
- |
- 3 BATHS
- |
- 1355 SQFT
- 1 BED
- |
- 2 BATHS
- |
- 970 SQFT
- 3 BEDS
- |
- 5 BATHS
- |
- 1955 SQFT
- 2 BEDS
- |
- 3 BATHS
- |
- 2018 SQFT
- 2 BEDS
- |
- 2 BATHS
- |
- 1029 SQFT
SHARJAH
If we search the northern Emirates, Sharjah is a good place to find apartments for AED 800k. What’s even more interesting is that there are more investment options than rental options in this price range! Hence, check out these neighbourhoods if you want to buy an apartment in Sharjah for exactly AED 800k.
- Al Khan, Aljada and Ajmal Makan City—Sharjah Waterfront offer one-bedroom flats within this price range, making them ideal investment opportunities.
- On the other hand, Al Majaz features both 1-bed and 2-bed apartments for your consideration.
After buying apartments as an investment, you can rent them out for averages listed below:
Area | Bed Type | Annual Average Rent |
---|---|---|
Area Al Khan | Bed Type 1-bed | Annual Average Rent AED 39,000 |
Area Aljada | Bed Type 1-bed | Annual Average Rent AED 44,000 |
Area Ajmal Makan City | Bed Type 1-bed | Annual Average Rent AED 47,000 |
Area Al Majaz | Bed Type 1-bed | 2-bed | Annual Average Rent AED 33,000 | AED 45,000 |
RAS AL KHAIMAH
Ras Al Khaimah is emerging as a strong competitor to Dubai’s real estate market. With significant developments underway, RAK offers a diverse range of properties for both expats and locals.
If you want to make the most of the investment opportunities in the city, here is a list of properties to buy for AED 800k and rent in UAE:
- Al Marjan is offering studios for sale in this price range.
- For AED 800k, you can invest in 1-bedroom apartments for sale in Al Hamra Village.
Renting out your apartment can be a lucrative option if you’re looking to invest in real estate. Here’s a breakdown of the potential annual rental income you could generate:
Area | Bed Type | Annual Average Rent |
---|---|---|
Area Al Marjan Island | Bed Type Studio | Annual Average Rent AED 33,000 |
Area Al Hamra Village | Bed Type 1-bed | Annual Average Rent AED 45,000 |
- 2 BEDS
- |
- 3 BATHS
- |
- 1361 SQFT
- 1 BED
- |
- 2 BATHS
- |
- 947 SQFT
- STUDIO
- |
- 1 BATH
- |
- 454 SQFT
- 1 BED
- |
- 1 BATH
- |
- 712 SQFT
- 1 BED
- |
- 2 BATHS
- |
- 1075 SQFT
- 1 BED
- |
- 2 BATHS
- |
- 881 SQFT
- 2 BEDS
- |
- 2 BATHS
- |
- 1144 SQFT
Ras Al Khaimah’s property market is on the rise, offering exciting opportunities for investors and residents. Explore the latest developments and discover your dream property in RAK. Check out Bayut’s guide to upcoming projects in Ras Al Khaimah for a comprehensive overview.
FAQs
DO OTHER EMIRATES OFFER APARTMENTS OR VILLAS FOR AED 800K?
After a recent boost in foreign investment and expats moving to the country, the UAE has seen a rise in property prices. Other than the areas mentioned in this guide, you can consider properties in Ajman. You can find 2 and 3-bedroom apartments for sale in Al Rashidiya for AED 800k.
WHERE CAN I FIND STUDIOS UNDER AED 500K IN THE UAE?
UAE never disappoints, especially if you seek properties within a specific budget. For those searching for studios under AED 500k in the UAE, you’ll find options in Abu Dhabi, Dubai and the northern emirates!
WHERE CAN I FIND AFFORDABLE APARTMENTS FOR SALE IN DUBAI?
Dubai Investment Park, International City, Discovery Gardens and DAMAC Hills 2 are popular areas to buy affordable property in Dubai.
WHERE CAN I FIND SHARED ACCOMMODATION IN DUBAI?
Renting or investing in a Dubai property can be tough for newcomers. Hence, we have compiled a list of the best areas for shared accommodation in Dubai. Your options include International City, Bur Dubai, JLT and more.
This concludes our profile on popular properties to buy and rent in the UAE for under AED 800k. If you desire more options in this range, several off-plan projects are in the pipeline, catering to investors’ and tenants’ needs. From affordable to luxury developments, there is something for everyone in the UAE!
Also, Bayut’s Dubai Sales Transactions page offers a detailed index of real estate transaction data from the Dubai Land Department, including property sales history, annual sales volume and area-specific transactional values. This resource enables you to make informed decisions by comparing advertised prices with actual transactional prices for properties of interest.
Ready to invest in UAE real estate? Properties for AED 800k offer excellent investment potential. Explore top locations and let Bayut GPT, your AI-powered real estate assistant, help you find the perfect property!
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