Has confirmed the decline in rental values of villas in the past period

Moreover, the CEO of Standard Property Management Company, Abdulkarim Al-Mulla, has confirmed the decline in rental values of villas in the past period, coinciding with the increase in the supply in the market, said that villas are already competing with residential units in terms of Price attraction, due to the advantages of villas beyond residential units.Mulla gave examples of the average rental prices of villas in some regions of Dubai, which started from AED 80 to AED 100 in the ′′ Wahidah ′′ region, while the average rental of villas in the region was the same as ′′ Almamazar ′′ between 110 thousand and 140 thousand dirhams.Rental values in the Abu Hail region range from 90 thousand to 110 thousand dirhams, in ′′ Mirdif ′′ between 80 thousand and 125 thousand dirhams, and in the ′′ Qasis ′′ area between 85 A thousand and 110 thousand dirhams, and in ′′ comfort ′′ between 100 thousand and 130 thousand dirhams.

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