Apartment rental prices have remained level in Ajman but have continued to soften in Sharjah.
That's according to the latest report by Dubizzle, which highlighted that the Ajman stats indicate that the market is beginning to stabilise.
Al Rashidya, Emirates City and Al Jurf in Ajman remained the most popular areas for 1-bedroom apartments and experienced no change in prices in the first nine months of 2019.
Meanwhile, rents for 2-bedroom apartments in Al Rashidiya and Al Jurf increased by 3 per cent and 2 per cent respectively, with prices in Emirates City remaining unchanged.
In contrast, the top three areas for 1-bedroom apartments in Sharjah - Al Nahda, Al Qasimia and Al Qasba - recorded a decrease in rental prices.
The 2-bedroom and 3-bedroom apartments witnessed a similar trend, with popular areas Al Nahda, Al Qasba and Al Majaz experiencing an average price decrease of 10 per cent, 11 per cent and 4 per cent respectively.
OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output increases at its first meeting since oil prices jumped - and then retreated - following Israeli and US attacks on Iran.
The United Arab Emirates has consolidated its status as a leading force and key player in the digital nomad economy, rising to second place globally as a top destination for digital nomads in 2025.
A walkout by French air traffic controllers to protest against staff shortages and ageing equipment forced airlines to cancel hundreds of flights on Thursday, just as the summer season gets under way.
Abu Dhabi’s economy continues to show strong momentum in 2025, with new data from the Statistics Centre–Abu Dhabi revealing a GDP of AED 291 billion in the first quarter, up 3.4 per cent year-on-year.
Dubai has launched a programme for first-time home buyers, aiming to make homeownership more accessible and affordable by facilitating priority access to new launches, preferential pricing and tailored mortgage solutions.
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