Stop Renting, Start Owning – Dubai Homes Under AED 1M!
During an individual’s productive years, a primary goal is to secure housing for oneself and their family. In today’s modern era, this can be accomplished through renting, self-construction, or direct purchase. In Dubai, the latter option is the most accessible for a majority of its population.
Many of us dedicate tireless efforts towards earning a decent livelihood to secure a place to call home. However, property ownership often remains an elusive aspiration, primarily due to soaring real estate prices. Consequently, a significant portion of the population finds themselves in the cycle of renting properties throughout their working lives.
Within this blog, our focus centers on the potential for home ownership through esteemed developers, offering properties in prime Dubai locations for under AED 1 million. Why? To help you envision property ownership as an attainable reality. Owning a home in Dubai has become more feasible than ever before, thanks to an array of entry-level home ownership options provided by various property developers in the city. This blog will delve into these options, shedding light on the possibilities. Moreover, Dubai residents benefit from relatively straightforward access to mortgage facilities, enabling the transformation of monthly rental payments into mortgage installments towards their very own property.
Affordable Homes Under AED 1 Million
For those who have resided in this bustling metropolis for numerous years, the surge in rental rates, especially post-pandemic, has been undeniable. Nevertheless, the city continues to unveil fresh real estate prospects to accommodate its burgeoning population. Consequently, prominent developers are diligently crafting new residential projects to cater to the housing demands brought about by the influx of residents into Dubai.
In tandem with this trend, a diverse range of pricing alternatives has emerged, including studio units priced below 1 million dirhams. Such developments are particularly heartening for the workforce aiming to transition from tenancy to homeownership. Developers are introducing flexible payment arrangements, effectively drawing an increasing number of individuals towards the prospect of owning a home. Notably, financial institutions have also entered the scene, offering mortgage options spanning from 50% to 80% of property value, even for those with a salary as ‘modest’ as AED 15,000.
With the aid of suitable mortgage solutions, convenient payment plans such as 1% monthly installments, and a nominal down payment requirement, a plethora of property choices awaits you, enabling you to finally secure your own abode in Dubai, liberating yourself from the cycle of renting once and for all.
Properties to Buy in Dubai Under AED 1 Million
Here is a list of properties that you can choose to buy if you have decided to stop renting and start owning your home in Dubai.
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Orchid Residences | Starting from AED 674,000
Starting Price: AED 674,000
Handover Date: Ready to move in
The Orchid Residence in Science Park stands out as a premium real estate gem, backed by the esteemed Al Ansari Real Estate Development. This marks Al Ansari Hospitality’s inaugural venture into freehold property.
This living space boasts top-tier finishes, amenities, and design aesthetics.
Uniquely towering in its location, it’s prominently situated on Umm Suqeim Road (Al Barsha South 2), with close proximity to major highways like Sheikh Zayed Road and Al Khail Road.
Its strategic position on Umm Suqeim Road ensures seamless connectivity to key routes, including Sheikh Zayed Road, Al Khail Road, and Sheikh Mohammed bin Zayed Road.
Nestled in Science Park on Umm Suqeim Road, Al Barsha South, Orchid Residence offers its residents breathtaking views and top-notch amenities, ensuring a comfortable and homely environment.
Orchid Residence Key Highlights
- Walking Distance Outlets
- Supermarkets & Mini Marts:
- Olive Mart (Mini mart, Mont Rose Residence A, 0.6 km)
- The Sugar Artistry (Sweet shop, Mont Rose Residence B, 0.6 km)
- Carrefour Supermarket (City Centre Al Barsha, 0.8 km)
- Al Fakher (Sweet shop, City Centre Al Barsha, 0.8 km)
- Supermarkets & Mini Marts:
- Restaurants and Bars:
- Babu Town (Restaurant, Mont Rose Residence B, 0.6 km)
- Fusion Restaurant (The S Hotel Al Barsha, 0.6 km)
- Joga (Restaurant, The S Hotel Al Barsha, 0.6 km)
- Tim Hortons (Restaurant, City Centre Al Barsha, 0.8 km)
- Clinics & Pharmacies:
- Marina Pharmacy (City Centre Al Barsha, 0.8 km)
- Optihal (Optician & eyewear shop, City Centre Al Barsha, 0.8 km)
- Irham Pharmacy (Al Salam Barsha South, 0.9 km)
- Irham Medical Centre (Medical clinic, Al Salam Barsha South, 0.9 km)
- Salons & Spas:
- Cezar Palace (Men’s salon, Bella Rose, 0.5 km)
- Beauty Loft (Ladies’ salon, Mont Rose Residence A, 0.6 km)
- Almansour Ladies salon (Genesis By Meraki, 0.8 km)
- Almansour Gents Salon (Men’s salon, Genesis By Meraki, 0.8 km)
- Services:
- Minutes (Watch repair shop, City Centre Al Barsha, 0.8 km)
- Rose King Flowers (Flower shop, City Centre Al Barsha, 0.8 km)
- Pick My Laundry (Laundrette, Platinum One Serviced Apartments, 0.9 km)
- Unique Uniforms & Tailoring (Tailoring shop, The Light Commercial Tower, 1.0 km)
Orchid Residence Building Amenities:
- Rebel Internet Restaurants
- Catering kitchen (Street level)
- Hosgeldin Gents Salon (Men’s salon, Street level)
- Auob Hossein Smoking Requisites (Smoking accessories shop, Street level)
Register Your Interest Here or Call to Book Now on +971 800 3773.
2. Fashionz By Danube | Starting from AED 850,000
Starting Price: AED 850,000
Handover Date: Q1 2027
Fashionz, located in Jumeirah Village Triangle (JVT), Dubai, is Danube Properties’ latest residential venture, offering luxurious studios and 1 to 3-bedroom apartments. Nestled in a prime city spot, this development promises unparalleled convenience with essential amenities at your fingertips.
Step into a realm enriched with top-tier facilities, ensuring entertainment, leisure, and recreation. Cherish memorable moments with family in these exquisite units. The interiors, branded by Fashion TV, elevate your lifestyle, opening doors to endless possibilities.
Discover a haven in this development, presenting a plethora of opportunities to uplift your living experience. The contemporary design, coupled with natural elements, adds allure to your home. With access to premium services, rejuvenate and embark on a fresh life journey in this remarkable setting.
Fashionz By Danube Key Highlights:
- Exclusive range of studios, 1 to 3-bedroom apartments.
- Immerse in a premium lifestyle in this elite development.
- Proximity to renowned attractions and leisure spots.
- Serene ambiance with natural vistas.
- Endorsed and designed by Fashion TV Brand.
- Situated in the renowned JVT, Dubai.
Fashionz By Danube Amenities:
Fashionz by Danube Properties boasts a plethora of amenities and services, enhancing daily living and enriching various facets of life. This development provides residents with a comprehensive living environment, catering to nearly all their needs.
Key Facilities:
- Gymnasiums
- Swimming Pool
- Ample Parking
- Lush Gardens
- Sports Courts
- Jogging Tracks
- BBQ Zones
- Parks and Green Spaces
Register Your Interest Here or Call to Book Now on +971 800 3773.
3. Elitz 3 By Danube | Starting from AED 699,000
Starting Price: AED 699,000
Handover Date: Q4 2026
A successor of Elitz 2, Elitz 3 by Danube Properties introduces a new wave of luxury residences, ranging from studios to 3-bedroom apartments, in the heart of Jumeirah Village Circle (JVC), Dubai. This architectural gem showcases a unique glass facade, symbolizing contemporary elegance and distinguishing it from neighboring structures.
Strategically located in JVC, Elitz 3 ensures seamless connectivity to major highways like Al Khail Road, Sheikh Mohammed Bin Zayed Road, and Sheikh Zayed Road, facilitating easy commutes across Dubai.
These opulent residences are meticulously crafted, balancing comfort with sophistication. Every detail within the interiors exudes luxury and precision.
Beyond its prime positioning, Elitz 3 offers an unmatched lifestyle with a plethora of amenities. Residents can relax in the lush gardens, rejuvenate in the pool, or energize at the modern gym. The building’s design prioritizes natural light and airflow, promoting a tranquil and eco-friendly habitat.
Elitz 3 By Danube Key Highlights:
- Premier high-rise residential project with top-tier amenities.
- Nestled in the sought-after JVC, Dubai.
- Distinctive glass facade setting it apart.
- Direct access to key highways for effortless commuting.
- Panoramic city and community views from select apartments.
- Flexible payment options tailored to buyers.
- Close proximity to schools, hospitals, and shopping centers.
Elitz 3 By Danube Amenities:
Danube Elitz 3 presents a comprehensive suite of amenities, tailored to meet the desires of its residents, guaranteeing a lavish community living experience. This development prioritizes residents’ comfort, convenience, and well-being, ensuring every luxury is just a step away. Dive into a lifestyle enriched by top-tier facilities that set new benchmarks in living standards.
Key Facilities:
- Retail Shops
- Swimming Pool
- BBQ Zone
- Children’s Day Care
- Wellness Hub
- Splash Pad for Toddlers
- Green Spaces and Parks
- Dining Cafes and Restaurants
Register Your Interest Here or Call to Book Now on +971 800 3773.
4. Golf Greens By Damac | Starting from AED 984,000
Starting Price: AED 984,000
Handover Date: 2028
Golf Greens at Damac Hills, Dubai, is a standout twin-tower residential project by Damac Properties, offering luxurious 1 & 2 bedroom apartments and 2 & 3 bedroom townhouses. Rising 20 stories, Towers A and B showcase a blend of modern architecture and green spaces. This upscale development is a nexus of essential and leisure amenities, complemented by breathtaking views of the verdant landscapes and Trump International Golf Course.
Each tower houses spacious homes, meticulously designed with refined layouts and top-tier details. Equipped with smart technology, premium fixtures, and plush furnishings, these residences epitomize luxury living.
Strategically located, residents have easy access to a plethora of community amenities, including Golf Courses, Damac Mall, supermarkets, hotels, Fishing Lake, dining options, and retail stores. On-site facilities encompass pools, cafes, gardens, security services, and parking.
Its prime location near Hessa Street and Emirates Road ensures swift connectivity to Dubai’s key spots. Nearby attractions like Dubai Studio City, Dubai Sports City, Dubai Autodrome, JVC, Dubai Marina, and Jumeirah Beach are just a short drive away.
Golf Greens at Damac Hills Key Highlights:
- Sophisticated 1 to 3 bedroom apartments and townhouses.
- Iconic 20-story A & B twin towers.
- Array of top-notch amenities and services.
- Panoramic views of Trump International Golf Course and green expanses.
Golf Greens at Damac Hills Amenities:
Golf Greens in Damac Hills, Dubai, stands out as a remarkable residential project, boasting top-tier recreational amenities for an enhanced living experience. Upon entering, residents are greeted with a plethora of premium services and facilities tailored for utmost comfort.
Key Facilities:
- Swimming Pool
- Balconies adorned with greenery
- Trump International Golf Course
- Serene Lagoons
- Pedestrian pathways
- Robust Security Services
- Children’s play zone
- Wellness Center
- Gymnasium
- Designated Parking spaces
Register Your Interest Here or Call to Book Now on +971 800 3773.
5. Oceano By Luxe Developers | Starting From AED 850,000
Starting Price: AED 850,000
Handover Date: To be announced soon
Oceano is the latest gem on Al Marjan Island in Ras Al Khaimah. Although it is not in Dubai, it still has the potential of becoming a tourist hotspot, especially due to its location as well as the opening of Wynn Casino Resort. You can even rent it out on Airbnb and benefit from the rental income or value. What’s best is that real estate brokerage companies in Dubai like Footprint Real Estate, can manage the management of your property be it maintenance or renting it out on your behalf. It offers a range of units for purchase, from 1–4 bedroom apartments to duplex penthouses and two unique sky villas. Retail spaces are also up for grabs. Residents can indulge in upscale amenities such as an infinity pool, their own private beach, and a host of sports and wellness facilities.
Key Highlights and Amenities of Oceano By Luxe Developers:
- Location: Nestled on Al Marjan Island.
- Travel Time:
- 30 minutes to the center of Ras Al Khaimah.
- 1 hour to Dubai by car.
- Educational Institutions (10-15 minutes drive):
- Red Bus Nursery
- Little Treasures Nursery
- Jazira Al Hamra Primary School for Boys
- RAK Academy – British School Al Hamra
- Medical Facilities:
- Rak Medical Center Al Hamra (10 minutes by car)
- Oriana Aesthetic Clinic (located on Al Marjan Island)
- Entertainment & Leisure (10-15 minutes drive):
- Al Hamra Sailing Club
- Al Hamra Golf Club
- Al Jazirah Al Hamra (historical pearling village with souq, fort, and watchtowers)
- Shopping & Dining:
- Al Hamra Mall (over 130 boutiques, dining venues, VOX Cinemas, Funville)
- Al Hamra Waterfront (shopping, watersports, 222 berth marina)
- Real Estate Benefits:
- Luxury waterfront living on Al Marjan Island.
- Eligibility for a 10-year Golden Visa (based on property value).
- Opportunity for rental income:
- Average ROI on Al Marjan Island: 6%
- Starting rental price for a 1-bedroom: AED 30K (USD 8K) annually.
Register Your Interest Here or Call to Book Now on +971 800 3773.
Conclusion
As a young professional earning around 15,000 AED monthly, you can now easily stop renting and start owning. There is a lot of flexibility in terms of mortgage options, payment plans, and what’s more is that developers are now offering 1% monthly installment options as well. A trusted real estate brokerage company in Dubai like Footprint Real Estate can offer you more facilities like paying with cryptocurrency. So if you want more details and explore your options you can whatsapp us on +971 50 901 1699 or register your interest here.
