Property prices for rent in Al Hamra Village (Ras al-Khaimah)

The rent prices in real estate in Al Hamra Village, in the Ras al-Khaimah region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.

AED 42,864.67
Average price last 6 months
AED 40.76
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Al Hamra Village has barely changed in the last 6 months. In February, the average price per sq.feet was AED 42.11. In March this price barely changed remaining at AED 41.35 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from AED 41.73 to AED 41.83 per sq.feet. The price per sq.feet has fallen 93 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of AED 41.78 to AED 38.72 during June, and July.

Average price

When referring to the price in Al Hamra Village (cities), this has risen considerably in the last 6 months. The rent price in February is AED 37,000, rising in March till AED 40,136. During the following two months (April, May) the price has had an average rise from AED 38,568 to AED 41,682. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 120 % during the last two months.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of AED 48,492 they are 29 % more affordable than the average price for Al Hamra Village . The properties with the highest average price have 4 bedrooms, Their price is 127 % more expensive than the average. After that we have properties with 3 bedrooms priced at AED 84,370.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of AED 32.57 / sq.feet, with an average AED 38.73 / sq.feet price in Al Hamra Village. The properties with the most expensive average prices have 2 bedrooms. They are 4 % more expensive than the average followed by properties with 1 bedroom with a price at AED 37.6 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of AED 48,492 it is 31 % more affordable than the average price in Al Hamra Village. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "Townhouse". At a price of AED 83,080 it is 135 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of AED 34.95 / sq.feet followed by "Villa" priced at AED 39.14 / sq.feet. "Apartment" is the most expensive type of property with a AED 40.41 / sq.feet value followed by "Villa" with an average price of AED 39.14 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Al Hamra Village
Number of properties used in region Ras al-Khaimah
AED 48,492
AED 38.73
446
7,662
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Other cities in region Ras al-Khaimah