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Proximity to the main street (Sheikh Ammar Street) makes the units located on the street more in demand, and thus their rent is higher, at 32,000 AED
Location:
2. Security Deposit:
3. Rental Market in this Area:
4. Factors Affecting Rent Prices:
5. Comparison to Other Areas:
Are the prices suitable for you?
- Proximity to the main street (Sheikh Ammar Street) makes the units located on the street more in demand, and thus their rent is higher, at 32,000 AED per year.
- Advantages:
- Easy access to public transport.
- Close to shops, schools, hospitals, and other facilities.
- A strategic location for commuting and daily trips.
- On the other hand, units located in the back of the building are typically less expensive due to their distance from the main road, offering more tranquility but might be a bit farther from public transport or some amenities. These units are rented for 30,000 AED per year.
- Advantages:
- More peaceful environment.
- Less crowded, offering more privacy.
2. Security Deposit:
- When renting a property, a security deposit is usually required to protect the landlord in case of any damage to the property during the lease.
- The deposit amount here is 3,000 AED, which can be paid either in cash or via a cheque.
- If no damages occur when the lease ends, the full amount is refunded.
3. Rental Market in this Area:
- Based on the prices mentioned, it seems that the rental prices in this area are moderate, compared to other areas, which could be more expensive.
- If the apartments are new or recently renovated, the price might be slightly higher.
- If the area provides full services such as shopping centers, schools, and entertainment zones, it could increase demand and thus affect the rental prices.
4. Factors Affecting Rent Prices:
- Availability & Services: If the area is under development or being upgraded, rent prices might increase in the future. For instance, new projects, infrastructure development, or added amenities could raise demand, which leads to price hikes.
- Condition of the Property: New or recently renovated properties tend to have higher rental prices. Modern, well-maintained apartments are generally in higher demand.
5. Comparison to Other Areas:
- When comparing these rental prices to other areas in the city, they seem to be reasonable or even good for the location.
- For example, other areas might have rental prices ranging from 35,000 AED to 45,000 AED, especially in more prime locations or areas with more facilities.
Are the prices suitable for you?
- Based on your needs and location preference, if you’re looking for peace and quiet with reasonable access to amenities, the apartments located in the back for 30,000 AED might be a good choice.
- If you prefer to be closer to the main street, with easier access to services and facilities, the 32,000 AED option is a better fit.
Property Information
- TypeApartment
- PurposeFor Rent
- Reference no.Bayut - 106160-pfY3zG
- FurnishingUnfurnished
- Added on23 January 2025
Features / Amenities
Balcony or Terrace
Centrally Air-Conditioned
Central Heating
Lobby in Building
+ 3 more amenities
