Finding studio apartments for sale in the UAE under AED 500k
Finding studios under 500k in the UAE may seem challenging, but plenty of excellent opportunities exist. Whether you’re a first-time buyer, investor or someone looking to downsize, there are several prime locations to find affordable studio apartments without compromising quality.
MyBayut has compiled a list of areas with studio apartments in the UAE under 500k, offering great value and potential returns in each emirate. Here’s where you need to start your search for studio apartments for sale in the UAE under AED 500k.
- Please note that the average sales prices (in AED) and ROI quoted here are accurate on the date of writing – December 9th, 2024.
- Property prices and ROI in each emirate depend on various factors, including market conditions.
Studio apartment under 500k in the UAE: Options in Abu Dhabi
Family-friendly areas in Abu Dhabi boast an array of properties, from luxurious waterfront apartments to spacious villas in gated communities. Saadiyat Island and Al Raha Beach offer stunning beachfront living with top-notch amenities.
Property Spotlight:
The UAE capital also offers a variety of affordable studio apartments under AED 500,000 in the UAE, particularly in Abu Dhabi’s high ROI areas like Al Ghadeer and Al Reef.
Want to buy studio apartments in Abu Dhabi? The following locations balance price and capital gains, making them an ideal destination for budget-conscious buyers looking to invest in a thriving real estate market.
- A studio apartment in Al Ghadeer is available for AED 440k, with an expected ROI of 8.28%.
- Al Reef studio apartments cost AED 471k, offering a strong ROI of 8.80%.
- Studio apartments for sale in Baniyas are priced at AED 466k, yielding an ROI of 3.64%.
Best studios under 500k in the UAE: Options in the City of Gold, Dubai
Whether you prefer the lush greenery of Arabian Ranches or the scenic waterfront views of Palm Jumeirah, Dubai’s diverse family-oriented areas will have a property to suit your preference.
The emirate also attracts pet parents as there are many pet-friendly places in Dubai with excellent properties, unparalleled views and amenities.
Property Spotlight:
Dubai is home to several key areas where you can find studios under 500k in the UAE. High ROI Dubai Neighbourhoods such as International City, Dubai Silicon Oasis and Remraam feature studio apartments that provide great value, offering modern amenities and easy access to the city’s main attractions.
Studio apartments for sale in Dubai are a prime choice for those looking to invest in the city’s dynamic property market.
- A studio apartment in International City is available for AED 375k, with an expected ROI of 9.18%.
- Dubai Sports City studio apartments are priced at AED 496k, offering an ROI of 8.04%.
- Studio apartments in Dubai Silicon Oasis (DSO) cost AED 500k, yielding an ROI of 8.33%.
- Studios for sale in Dubai Production City (IMPZ) are priced at AED 485k, yielding an ROI of 8.20%.
- In DAMAC Hills 2, studio apartments are priced at AED 458k, with an expected ROI of 8.64%.
- A studio apartment in Dubai Investment Park (DIP) costs AED 313k, boasting an ROI of 10.9%.
- Remraam studio apartments are available for AED 438k, providing an ROI of 9.66%
- Studio apartments in Dubailand cost AED 499k, yielding an ROI of 7.66%.
- Town Square offers studio apartments priced at AED 500k, providing an ROI of 8.14%.
- In Living Legends, studio apartments are priced at AED 481k, with an ROI of 10.1%.
Remraam and Living Legends are popular areas with the highest rental yields for studios in Dubai.
Best studios under 500k in the UAE’s Cultural Hub: Properties in Sharjah
Are you ready to immerse in rich Emirati culture and heritage? Sharjah, the UAE’s cultural capital, is the place to be! Sharjah offers more affordable family housing options than Dubai and Abu Dhabi.
Property Spotlight:
Sharjah is an attractive option for those seeking affordable real estate in the UAE. Studio apartments for sale in Sharjah in areas like Al Nahda and Muwaileh provide good rental yields and are located near key transport routes and shopping destinations.
With a growing number of new developments, Sharjah offers excellent opportunities for buyers looking for studios under 500k in the UAE.
- In Muwaileh, a studio apartment costs AED 471k and offers an ROI of 5.39%.
- Aljada studio apartments for sale are priced at AED 389k, with an ROI of 6.72%.
- A studio apartment in Al Khan is available for AED 436k, yielding an ROI of 6.46%.
- Studio apartments in Al Nahda (Sharjah) are priced at AED 225k, with an impressive ROI of 10.00%.
- A studio apartment in Al Majaz costs AED 267k, offering an ROI of 4.18%.
- Al Qasimia studio apartments are available for AED 240k, yielding an ROI of 4.75%.
- In Ajmal Makan City – Sharjah Waterfront, studio apartments cost AED 455k, with an ROI of 6.18%.
- Muwaileh Commercial offers studio apartments at AED 478k, with an ROI of 3.54%.
Please note: most properties in Sharjah are not freehold. Therefore there may be property buying restrictions applicable on expats that are not citizens of the GCC countries.
Studio apartments under AED 500,000 in UAE’s Serene Coastal Gem – Ajman
Looking for a peaceful family retreat away from the hustle and bustle? Ajman, the smallest emirate, might just be your perfect haven!
Property Spotlight:
Ajman offers affordable beachfront living options. The Ajman Corniche features modern apartments with sea views, while gated communities like Al Zorah provide luxury villas surrounded by mangroves and golf courses.
Ajman offers some of the best studios under 500k in the UAE. Areas like Ajman Downtown and Al Yasmeen are popular among investors, providing easy access to Dubai and Sharjah while remaining budget-friendly.
The northern emirate is an ideal spot for those looking to get the most value for their money. Where should you start looking for studio apartments for sale in Ajman?
- In Ajman Downtown, a studio apartment costs AED 203k, with an ROI of 7.47%.
- Al Rashidiya studio apartments are available for AED 279k, providing an ROI of 4.13%.
- Studio apartments in Al Nuaimiya are priced at AED 238k, offering an ROI of 5.27%.
- A studio apartment for sale in Al Yasmeen costs AED 349k, with an ROI of 4.43%.
- Al Bustan offers studio apartments at AED 278k, yielding an ROI of 3.32%.
- Studio apartments in Al Amerah are available for AED 349k, with an ROI of 2.39%.
- In Corniche Ajman, studio apartments cost AED 331k, providing an ROI of 0.99%.
- Studio apartments in Sheikh Maktoum Bin Rashid Street are priced at AED 287k, with an ROI of 1.44%.
- A studio apartment in Garden City costs AED 170k, offering an ROI of 3.23%.
- Al Alia studio apartments are available for AED 364k, yielding an ROI of 4.31%.
Studio apartment under 500k in the UAE, Ras Al Khaimah
Home to the world’s longest zipline and amazing mountain views, Ras Al Khaimah continues to attract homebuyers and investors to its thriving property market.
Property Spotlight:
Ras Al Khaimah offers a mix of beachfront properties and luxury retreats. Al Hamra Village provides a range of villas and apartments with access to beaches, golf courses and a marina.
Interestingly, Ras Al Khaimah is emerging as a popular destination for buyers looking for affordable properties. Studio apartments for sale in RAK in developments like Al Hamra Village and Dafan Al Nakheel offer excellent value under AED 500k, making it a strong contender for both investors and those seeking a more peaceful living environment away from the hustle and bustle of the larger emirates.
- A studio apartment for sale in Al Hamra Village is available for AED 464k with an ROI of 5.96%.
- Studio apartments in Al Seer cost AED 233k, offering an impressive ROI of 9.32%.
- A studio apartment in Dafan Al Nakheel is priced at AED 414k, with an ROI of 6.76%.
- Studio apartments in Aljazeera Al Hamra are available for AED 400k, yielding an ROI of 4.37%.
FAQs
Where can I find affordable apartments for sale in Dubai?
Dubai Investment Park, International City, Discovery Gardens and DAMAC Hills 2 are some popular areas to buy affordable property in Dubai.
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Can expats buy properties in Abu Dhabi?
Yes, foreign nationals are allowed to buy apartments, villas and townhouses in the designated freehold areas in Abu Dhabi.
Which are the preferred residential areas for families in Ajman?
Al Nuaimiya, Al Jurf and Ajman Downtown are some popular residential areas for families in Ajman for apartment living. Al Zahya and Al Yasmeen are the top choices for villas.
Whether you’re looking for a new home or an investment opportunity, top locations offering studios under 500k in the UAE will have something to offer. So, what are you waiting for? Start planning your investment today. And if you need further help, check out Bayut GPT – the world’s first AI-powered property search assistant!
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