dubizzle releases first ever Sharjah property report comparing Q1 2015 data to Q1 2016
What insights have we discovered from this report?
In Sharjah rental prices for one-bedroom apartments declined by 3.95%. Al Qasba dropped from AED 46,000 to AED 40,000 and Al Nahda from AED 40,000 to 38,000.. Whereas three-bedroom apartments in Al Nahda remained the same.
Sales price per sq. ft. in Sharjah decreased overall by 7% from the same period the previous year; area most affected were Al Qasba that dropped by 39% compared to Q1 2015.
Sharjah has proven to be a growing, affordable base option for professionals working in Dubai.
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