Rising demand lifts rents of bigger villas in Khalifa City A, reports Bayut.com

By: bayut.com
 
Nov. 26, 2013 - PRLog -- In Khalifa City A, bigger villas have been performing exceptionally well during the first 3 quarters of the year so far. Real Estate Analysts at thenational.ae and Bayut.com noticed a steep rise in rents of 3 and 4+ bedroom villas in Khalifa City A and finds these facts convincing enough to attract more investments. According to the portals stats, rental price of 4+ bedroom villas for rent in Khalifa City A continued to rise throughout the year and increased by 22.47% in the first three quarters. With one more quarter to go and the most happening one, property experts expects further rise in rents here.

It is also interesting to note that 4+ bedroom villas for rent in Khalifa City A  out number smaller villas by a huge difference and they also posses sound demand, making these villas a charming investment option in the residential sector of Abu Dhabi real estate. As per Bayut.com’s data, the rental price hike recorded for 4+ villas in Q1 was the lowest of the of the 3 quarters and only marginal at 0.46% but in Q2, the percentage increase was much impressive and registered a hike of 12.72%. In Q3, their rents also increased and brought along a spike of 8.17%. With 22.47% rental price hike recorded in the year so far, rental price of 4+ bedroom villas in Khalifa City A is likely to increase further in Q4.

Rents of 3 bedroom villas in Khalifa City A also increased during the first two quarters of the year by 25.65% but dropped by 3.22% in Q3 bringing their rental price hike of the first 3 quarters down to 21.73%. Looking at the stats recorded for family villas in Khalifa City A, it can be said that bigger investments made in the residential sector of Abu Dhabi promises bigger gains, in terms of both ROI and rental income.

For more information please visit: http://www.bayut.com

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Source:bayut.com
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Tags:Bayut.com, Khalifa City A, Villas For Rent, Abu Dhabi Property
Industry:Real Estate
Location:Abu Dhabi - United Arab Emirates
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Page Updated Last on: Dec 03, 2013
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