If you’re looking for a long-term home that doesn’t break your bank, here’s a guide on the most popular communities to buy cheap houses in Dubai.
Whether you’re an investor searching for lucrative returns on real estate or someone in search of long-term home for your family, Dubai spoils you for choice. Villa properties in the emirate offer you luxury in terms of lifestyle and amenities. Pair that with an attractive price tag and you have a winner.
Even with the market costs taking an uptrend post pandemic, it is a time as good as any to buy property in Dubai. From facilities to prices, we give you a list of popular areas with cheap villas for sale in Dubai. Let’s take a look.
DAMAC Hills 2 ( AKOYA BY DAMAC )
DAMAC Hills 2 is an eco-friendly community to buy villas in Dubai. The community is located right off Al Qudra Road (D63) at a 20 minutes distance from Umm Suqeim Street.
The amenities in DAMAC Hills 2 feature waterplay fountains, a yoga enclave, a community centre, playgrounds and pools as well as a spa and luxury gym.
There are several high-end residential units in the community, offering a lavish lifestyle in Dubai.
See also: Villas for sale in Dubai
You can expect to pay an average of AED 1.1M for 3-bedroom villas for sale in DAMAC Hills 2, whereas a 4-bedroom villa costs upwards of AED 1.4M on average.
If you’re looking for bigger units, you can invest in spacious 5-bed villas in DAMAC Hills 2. The 5-bed villas in DAMAC Hills 2 are priced between AED 1.1M and AED 3M. DAMAC Hills 2 also offers a healthy ROI of 4.9% for sale villas in Dubai.
The Springs
The Springs ranks second among the most affordable villa community with houses for sale in Dubai. As the name suggests, The Springs is a peaceful haven, nestled amidst a blanket of green and beautiful lakes in the city.
The area comprises over 4,000 terraced and semi-detached villas, catering to all kinds of home buyers. Available housing options include 3 to 5-bedroom villas with modern architecture and spacious living spaces.
You can currently purchase a 3-bedroom villa in The Springs for an average price of AED 2.8M, whereas a 4-bed villa costs AED 3.5M approximately. The projected ROI for villas in The Springs is 5.2%.
DUBAILAND
Dubailand is another area in Dubai to buy cheap villas in three to five- bedroom layouts.
The area includes residential communities like Living Legends and Falcon City of Wonders (FCW) that are developed close to Sheikh Mohammed Bin Zayed Road (E311) and Emirates Road (E611). Offering access to a bunch of family-friendly attractions, including IMG Worlds of Adventure and Al Habtoor Polo Resort and Club, the area is most suited for those with kids in Dubai.
Those looking to buy houses in the area can choose properties from these popular sub-communities in Dubailand. You can buy 3-bedroom villas in Dubailand for an average cost of AED 2M. For 4-bedroom villas in Dubailand, you will have to pay around AED 2.5M on average. With a minor increase in average price-point, 5-bedroom villas in Dubailand can cost you around AED 3.4M. Dubailand villas also offer good rental returns of up to 5.8%.
JUMEIRAH VILLAGE CIRCLE (JVC)
Jumeirah Village Circle (JVC) is another popular community to buy houses in the city. JVC lies close to Media City, Dubai Marina and JLT. There are over 30 landscaped parks in this freehold community. From an investment point of view, this is a growing community that features an array of villas and townhouses.
The average cost of a 3-bedroom house in JVC is AED 2M, whereas 4 and 5-bed houses are available at AED 2.2M and AED 3.2M respectively. Aside from competitive prices, JVC offers impressive average rental returns of 6.1%.
DAMAC HILLS
Spread over 42 million sq.ft, DAMAC Hills is a popular community in Dubai, located away from the city centre. The neighbourhood is divided into three distinct parts: Akoya Park, Akoya Drive and Trump International Golf Club.
While the Akoya Park features lavish villas and small waterways, Akoya Drive offers access to high-end restaurants, shops and other exciting offerings. Trump International Golf Club, on the other hand, is a gated community, with an 18-hole golf course and a few private villas that overlook the district’s lush fairways.
DAMAC Hills features a host of sports, wellness and leisure facilities. If you’re looking to buy villas here, you can choose from 3 to 5-villas in the community.
The average cost of a 3-bed house in DAMAC Hills is AED 2.2M while 4 and 5-houses average at AED 2.9M and AED 4.7M. The ROI of houses in DAMAC Hills stay at 6.5%, boasting a good investment capital in Dubai.
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