Property renters and buyers can still find affordable options in Sharjah and Ajman.
That's according to the latest report from Bayut, which shows that while prices have dropped, return on investment stayed high reaching 7 per cent on Sharjah and 11 per cent in Ajman.
Al Majaz is the most popular community for apartment buyers in Sharjah, whilst renters look towards Al Nadha.
Meanwhile, Ajman Downtown was the area of choice for investors and Al Nuaimiya remained top for rentals.
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Founder and Managing Director of Emaar Properties, Mohamed Alabbar revealed that Emaar has sustained its collection rate of 98 per cent, with its sales backlog standing at around AED 180 billion.
Sheikh Abdullah and India’s Jaishankar discuss strengthening ties
Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has met India’s Minister of External Affairs, Dr Subrahmanyam Jaishankar, in Abu Dhabi.
New mixed-use development planned for DIFC, due within two years
Dubai developer H&H has revealed details of the Water Gardens, a new mixed-use destination in the Dubai International Financial Centre (DIFC), with the first phase due to be completed in 18 months.
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