When analyzing villa rental prices, Mirdif has the highest quantity of schools in close proximity at the most affordable price. The area is host to five schools, including GEMS Royal School, Ontario International School Dubai, Dar Al Marefa School, Star International School and Uptown School. For this community, the average annual rental price of a two-bedroom villa is AED 79,500, followed by three-bedroom villas at AED 110,000 and four-bedroom villas at AED 120,000.
Al Barsha 1 and 2 combined, which offer three-bedroom and four-bedroom villas, provide house-hunters with school-age children with a range of 19 schools to choose from including Dubai National School, GEMS Dubai American Academy, King School Al Barsha and Al Mawakeb School, amongst others. For these communities, the average rental price for three-bedroom villas is AED 160,000 and AED 198,000 for four-bedroom villas.
Communities like Umm Suqeim 1 and 3 offer residents close access to seven schools, including Kings School Dubai and Raffles International School, with three- and four-bedroom villas available for bigger families. Three-bedroom villas in Umm Suqeim 1 have an average rental price of AED 190,000, while average prices for three-bedroom villas in Umm Suqeim 3 come in slightly higher at AED 196,000. A similar trend was observed for four-bedroom villas in Umm Suqeim 1 with the average rental price being AED 217,500, while four-bedroom villas in Umm Suqeim 3 are at AED 220,000.
PROPERTIES FOR SALE IN CLOSE PROXIMITY TO SCHOOLS
For those property-seekers looking to invest in a three-bedroom villa in close proximity to schools, the most affordable option for buyers is Mirdif, with villas priced at an average of AED 2,350,000, following a similar trend to the rental market. Other affordable communities include Springs with three-bedroom villas averaging AED 2,400,000, followed by Barsha at AED 3,000,000, Jumeirah Park and the Lakes at AED 3,500,000.
For those larger families with school-age children, four-bedroom villas in the Springs are the most affordable with an average price of AED 3,000,000, followed by and Jumeirah Park at an average of AED 4,000,000 and Barsha at AED 4,350,000.
“For families, proximity to a good school is a significant factor when choosing the right home, for both renters and buyers. At dubizzle Property, we always seek to empower our users by providing transparent and accurate property data in order to help them make well-informed decisions. For parents in particular, choosing a property close to their child’s school can make a considerable difference in their day to day lives, for everything from morning drop offs to class plays to sports practice. Our reports allow parents to find an affordable property in close proximity to a high-quality educational institution, offering them a convenient lifestyle and greater peace of mind,” commented Samer Abdin, General Manager at dubizzle Property.
dubizzle is the leading classifieds platform for users in the United Arab Emirates. Since its launch in 2005, dubizzle has become the number one platform for users to buy, sell, or find anything in their community. A community where underused goods are redistributed to fill a new need, and become wanted again, where non-product assets such as space, skills and money are exchanged and traded in new ways that don’t always require centralized institutions or ‘middlemen’.
dubizzle is an OLX Group company:
The OLX Group operates a network of online trading platforms in over 40 countries. It builds market-leading classifieds marketplaces that empower millions of people to buy, sell and create prosperity in local communities.
With over 300 million monthly users worldwide, OLX Group makes it fast and easy to buy and sell almost anything online, such as household goods, phones, cars, and houses. Through consumer brands including Avito, dubizzle, letgo, OLX, Stradia and Storia, more than 10 million things are exchanged on its market-leading apps and platforms every single month.
The OLX Group is powered by a team of 4,000 people, operating from 25+ offices across five continents. The team is united behind a single mission to enhance people's lives by facilitating win-win exchanges. OLX Arabia is actively expanding in the MENA region in Bahrain, Egypt, Kuwait, Lebanon, Oman, Qatar and Saudi Arabia.
© Press Release 2018