22
For Rent Mowaihat 3 5 BHK Asking rent 110,000 Last 100,000 ( 4 Cheques ) 5000 sq. ft.
For a 5-bedroom villa in Mowaihat 3, with a size of 5,000 square feet, the asking rent is AED 110,000 per year. The last rental price was AED 100,000 (paid in 4 cheques).
Key details:
Rent per Square Foot:To calculate the rent per square foot:
Rent per sqft=110,0005,000=22 AED per sqft per year\text{Rent per sqft} = \frac{110,000}{5,000} = 22 \, \text{AED per sqft per year}Rent per sqft=5,000110,000=22AED per sqft per year
This is AED 22 per square foot per year, which is relatively reasonable for a large villa in the area. If the last rent was AED 100,000 for the same property, this shows a 10% increase in the asking rent, possibly due to factors like:
Payment Terms:The landlord is asking for the rent to be paid in 4 cheques, which is a standard practice in many areas in the UAE, especially for residential properties.
Market Context:Rent for villas in Mowaihat 3 can vary based on factors like:
4o mini
Key details:
- Location: Mowaihat 3 (likely in Ajman)
- Size: 5,000 square feet (spacious villa)
- Bedrooms: 5
- Asking Rent: AED 110,000 per year
- Last Rent: AED 100,000 (paid in 4 cheques)
Rent per Square Foot:To calculate the rent per square foot:
Rent per sqft=110,0005,000=22 AED per sqft per year\text{Rent per sqft} = \frac{110,000}{5,000} = 22 \, \text{AED per sqft per year}Rent per sqft=5,000110,000=22AED per sqft per year
This is AED 22 per square foot per year, which is relatively reasonable for a large villa in the area. If the last rent was AED 100,000 for the same property, this shows a 10% increase in the asking rent, possibly due to factors like:
- Improved demand in the area or increased property values.
- Possible property upgrades or better maintenance that justify the rent increase.
Payment Terms:The landlord is asking for the rent to be paid in 4 cheques, which is a standard practice in many areas in the UAE, especially for residential properties.
Market Context:Rent for villas in Mowaihat 3 can vary based on factors like:
- Proximity to key amenities (schools, hospitals, shopping malls, etc. )
- The condition of the property.
- The overall demand for larger villas in the area.
4o mini
Property Information
- TypeVilla
- PurposeFor Rent
- Reference no.Bayut - 101498-MNOuMP
- FurnishingUnfurnished
- Added on14 November 2024
Features / Amenities
Balcony or Terrace
Shared Kitchen
First Aid Medical Center
Kids Play Area
+ 11 more amenities
Trends
Location & Nearby
Location
Schools
Restaurants
Hospitals
Parks
