Dubizzle Property reveals average rentals, affordable properties in Sharjah
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).