Dubai represents the image of luxury and sprawling beaches with a lifestyle dripping with luxury. But wouldn’t it be amazing if I told you that to experience this magic you don’t have to break the bank? Indeed, there is a way which is to become a little resourceful in Dubai. Through only this, you can eliminate your thirst for a fantastic and exclusive life. This guide will equip you with the tools and information needed to live well while renting an apartment in Dubai.

1. Find an Affordable Living Place

First and foremost, finding the budgeted location is important for you to live a happy life in Dubai. As highlighted by Nick Webster in The National News the Dubai rental property market is becoming dynamic. This calls a more research and informed decisions about renting an apartment in Dubai. Here are some of the things to should consider in this regard:

Exploring Areas

It is not mandatory to rent an apartment in Dubai at a location that might be vibrant but comes with a hefty price tag. Therefore, you can choose some other destination including:

• Jumeirah Village Circle (JVC): this is one of the family-friendly communities offering exclusive, elegant and spacious apartments. If you want a studio bedroom apartment for rent in Dubai here, the starting price is around AED 2.5K per month.
• International City: a place full of cultural hotspots and sizzling café is an international city. You opt for this place for the start price of AED 1.8K per month.
• Deira: this is another exclusive neighbourhood full of tradition and history. Here you can find studios for around AED2K per month.

Share your Accommodation

If you are in the state of co-living, then go for it. This is because it will benefit you by splitting the rent. This significantly cuts your living costs. You can use different online platforms through which you can search for a roommate.

2. Learn Budgeting Like a Pro

To live comfortably, you must have a financial plan. You can create one for your tailored according to your needs through:

 50/30/20 rule

Through using this rule, you have to allocate 50% of the income for utility bills and groceries, 30% of the income for entertainment and dining and 20% for the savings and debt.

Monitor your spending

You can simply download the budgeting apps and can monitor your spending. It is interesting to note that in the U.S. only around 5.2 million individuals used the finance managing apps, as of July 2022. This shows that monitoring your budget will surely benefit you.

3. Unleash your Inner Chef

Additionally, it may seem a regular advice to eat home-cooked food. But in reality, this could save a lot of money which you may have spent on high-end restaurants and café. To enjoy food and unleash your inner chef you can choose from the below options:

• Plan your Food: this does not mean that you should cut your food. This simply means to plan your diet to avoid impulsive grocery.
• Opt for local markets: at the local market, Dubai is one of the best places where you can choose fresh products at affordable prices.

4. Become a Public Transport Pro

Another way to live well on a budget while renting an apartment in Dubai is using public transport. Some of the pocket-friendly options you can select for commute are:

• Using the metro which is clean, affordable and efficient to access key regions in the District.
• Budget-friendly busses: you can also travel from these buses that connect various routes and neighbourhoods.
• Water Taxis: this is one of the cool ways to explore the city when living a rent with limited finance.

Free Entertainment Options 

Dubai is not a place only for luxury experiences and shopping spots, you can enjoy many places for free. When living in rent with a limited budget, must visit the below places to make yourself relax and unwind:

• La Mer Dubai: is a beachfront development that offers an exclusive mix of places including shops, water fountains, restaurants offering sizzling food and more for free.
• Al Bastakiya Art District: enjoy the art gallery and admire the showcase of local talent in the charming neighbourhood.
• Hatta Weekend Escape: if you want to end the hustle and bustle then enjoy a trip to Hatta where you can Hike.

Conclusions

Dubai is the land of opportunities for the locals and for the foreign individuals. Further, these opportunities are not only in the form of jobs or businesses; but Dubai offer exceptional living spaces. Buying a home or renting a 1 or 2-bedroom apartment in Dubai, of it requires planning and accurate decision-making, especially with limited finance. Use the above guide to make sure that you can find the best place to rent a home in Dubai and also live well.