The rent prices in real estate in Al Hamra Village, in the Ras al-Khaimah region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Al Hamra Village has risen during the last 6 months. In March, the average price per sq.feet was AED 36.09. In April this price barely changed remaining at AED 37.73 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from AED 36.91 to AED 37.72 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of AED 37.32 to AED 38.58 during July y August
When referring to the price in Al Hamra Village (cities), there have hardly been any changes in the last 6 months. The average price for March is AED 35,885. During April the price had a slight fall till AED 32,781. During the following two months (May, June) the average price fell 95 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 116 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of AED 40,875 they are 82 % more affordable than the average price for Al Hamra Village . The properties with the highest average price have 3 bedrooms, Their price is 81 % more expensive than the average. After that we have properties with 2 bedrooms priced at AED 45,500.
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 / sq.feet, with an average AED 38.83 / sq.feet price in Al Hamra Village. The properties with the most expensive average prices have 1 bedroom. They are 3 % more expensive than the average followed by properties with 2 bedrooms with a price at AED 36.08 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of AED 40,875 it is 81 % more affordable than the average price in Al Hamra Village. "Townhouse" is seen as the second most affordable property type. The most affordable property is "Flat" followed by "Townhouse". At a price of AED 24,510 it is 19 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of AED 6 / sq.feet followed by "Flat" priced at AED 36 / sq.feet. "Flat" is the most affordable type of property with a AED 36 / sq.feet value followed by "Townhouse" with an average price of AED 6 / sq.feet.