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Al Ghadeer by Aldar is technically located in Abu Dhabi, however, due to its proximity to Dubai, this report has included it in the Dubai table for comparison purposes. The community is still priced significantly below any other mid-range property in Dubai.
Most other affordable developments in Dubai are located along the Shaikh Mohammad Bin Zayed corridor or in Mirdif in the form of smaller compounds. Mirdif contains a large variety of villas built by different owners and, therefore, quality may vary from unit to unit. It should be noted that Mirdif is available on leasehold basis only.
Layan and Al Waha are Mediterranean-style master plans in Dubailand. They have two-, three- and four-bedroom villas and two- and three-bedroom apartments.
Abu Dhabi still lacks purpose-built affordable villa communities as only two master plans target this segment; Hydra Village and Al Reef Villas. Both are located on the outskirts of the city in the Al Shahama area and are for sale to all nationalities.
Other affordable units are available in Khalifa City and Mohammad Bin Zayed City, in the form of stand-alone villas or smaller compounds of varying levels of quality. These properties are available on freehold basis to UAE nationals only. Expatriates can only lease in those areas.
Source: Property Weekly