The Fairmont Residences - Rents Agreed - Market Trends

The Fairmont Residences - Rents Agreed - Market Trends

Rents Agreed in Fairmont Residences and Market Trends

Author: Gareth Davies - Award Winning Property Consultant

The average rent for Fairmont Residences apartments increased by 18% during the 12 months to February 2024. But during the past 6 months rental growth has level-out.

Beach access and views of the sea still important requirements. Apartments should be bright and light and any furniture should be in good condition to meet the expectations of the many European and North American tenants.

Source: PropertyMonitor.ae

The construction work in adjacent sites is nearing completion and having a less impact on rents of apartments facing the construction sites than in the past.

Rents Agreed at Fairmont Residences

Source: PropertyMonitor.ae

Source: PropertyMonitor.ae

Source: PropertyMonitor.ae

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