Tiara Residences - Rents Agreed - Market Trends
Tiara Residences : Rents Agreed and Market Trends
Author: Gareth Davies - Award Winning Property Consultant
The rental growth at Tiara Residences slowed-down over the past twelve months and is similar to the average for the communities within Palm Jumeirah.
The affordability of rent payments creates a “ceiling rent” in any location and is linked to disposable income and wage increases, if any.
Graph: Rental Monthly Growth (AED/sq.ft) for Tiara Residences
Source: PropertyMonitor.ae
Graph: Rental Monthly Change (AED/sq.ft) for Palm Jumeirah
Source: Property Monitor
RENTS AGREED
Views of the sea or marina are important requirements for most prospective tenants. Apartments should be bright and light and any furniture should be in good condition to meet the expectations of the many European and North American tenants.
Rents Agreed to New Tenants
Source: PropertyMonitor.ae
Source: PropertyMonitor.ae
Source: PropertyMonitor.ae
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