Property prices for rent in Siji (Fujairah)

The rent prices in real estate in Siji, in the Fujairah region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

AED 161,093
Average price last 6 months
AED 103.34
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Siji has had a strong fall during the last 6 months. In June, the average price per sq.feet was AED 120. In the following month the price per sq.feet fell considerably to AED 101.52. The price for the following two months in (August, September) fell 91 % with regard to the previous two months. The price per sq.feet has fallen 94 % 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 105.55 to AED 98.91 during October, and November.

Average price

When referring to the price in Siji (cities), there have hardly been any changes in the last 6 months. In our first sample month during June, the average price is AED 161,236. In July This price remains at AED 159,981. During the following two months (August, September) the price has had an average rise from AED 160,608.5 to AED 169,039.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from AED 164,824 to AED 153,631 in October and November.

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 153,179 they are 13 % more affordable than the average price for Siji . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 46 % more expensive than the average aforementioned.

With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of AED 68.7 / sq.feet, with an average AED 96.27 / sq.feet price in Siji. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 12 % more expensive than the average value aforementioned.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in Siji
Number of properties used in region Fujairah
AED 153,179
AED 96.27
1,416
1,430
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value