Du­biz­zle Prop­erty re­veals av­er­age rentals, af­ford­able prop­er­ties in Sharjah

The Gulf Today - Business - - UAE -

DUBAI: du­biz­zle Prop­erty, the UAE’S big­gest and most vis­ited Prop­erty plat­form, re­veals the av­er­age rentals and sale prices of prop­er­ties with views of the Cor­niche in Sharjah.

The Sharjah Real Es­tate Reg­is­tra­tion Direc­torate (SRED) re­cently re­ported that there has been a 6 per cent year-on-year growth of real es­tate trans­ac­tions in the emi­rate, with the value of trans­ac­tions surg­ing to DHS14.6 Bil­lion In THE irst three quar­ters of 2018. With over 130k list­ings at any given time, du­biz­zle Prop­erty has hand­picked Buhaira Cor­niche, Al Ma­jaz, Al Ma­jaz 3 and Al Khan ar­eas for res­i­dents look­ing for af­ford­able apart­ments with a wa­ter view in the emi­rate.

In line with emi­rate-wide prop­erty price trends, apart­ments in Sharjah have wit­nessed a yearon-year de­crease in rentals in the irst nine months of THE year. Stu­dio apart­ments in Al Ma­jaz were IDENTIIED As THE most AF­FORD­ABLE op­tion, av­er­ag­ing at Dhs22,000 per year, wit­ness­ing a de­crease of 10 per cent com­pared to last year. This is fol­lowed by Al Ma­jaz 3 at Dhs22,400 per year (-10 per cent drop since last year), and Al Khan at Dhs23,000 (-15 per cent since last year).

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