Home » News » Obtain out the amount of decline in rental condominium costs in 32 districts of Riyadh through last July

Obtain out the amount of decline in rental condominium costs in 32 districts of Riyadh through last July

Al-Marsad newspaper: The rents index on the “sakani” platform recorded a minimize in the normal rental values ​​of household apartments from 1% to 52% in 32 districts of the city of Riyadh.

The rental index indicated that 43 Riyadh neighborhoods had 200 household leases or much more, together with far more than 18,000 apartment leases in July in comparison to June.

The relaxation of the 11 districts recorded a stability in the average rental values ​​of residential residences, with an enhance of up to 15%, of which over 4,800 contracts in July.

The a few districts that recorded the greatest amount of condominium contracts had been the district of Dhahrat Laban, which recorded an raise in ordinary rental values ​​of 4%, though the next highest number of condominium contracts was the district. of Tuwaiq, which recorded an common decrease of 12%. rental values, and the Al Aziziyah district recorded a decline of 4% 14% and rated third in the number of household condominium contracts.

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