Apartment rental prices have remained level in Ajman but have continued to soften in Sharjah.
That's according to the latest report by Dubizzle, which highlighted that the Ajman stats indicate that the market is beginning to stabilise.
Al Rashidya, Emirates City and Al Jurf in Ajman remained the most popular areas for 1-bedroom apartments and experienced no change in prices in the first nine months of 2019.
Meanwhile, rents for 2-bedroom apartments in Al Rashidiya and Al Jurf increased by 3 per cent and 2 per cent respectively, with prices in Emirates City remaining unchanged.
In contrast, the top three areas for 1-bedroom apartments in Sharjah - Al Nahda, Al Qasimia and Al Qasba - recorded a decrease in rental prices.
The 2-bedroom and 3-bedroom apartments witnessed a similar trend, with popular areas Al Nahda, Al Qasba and Al Majaz experiencing an average price decrease of 10 per cent, 11 per cent and 4 per cent respectively.
XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.
Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal valued at a record $12.5 billion, according to sources familiar with the matter on Wednesday.
The chairman of India's largest conglomerate Tata Sons will not seek reappointment, he said, citing the board's lack of backing after tensions with the charitable arm that controls the group.
Passengers flying to Dubai through Emirates can now change their travel dates free of charge in an unlimited capacity under a new measure announced by the airline to offer greater flexibility.
A US appeals court has allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok and Snap Inc's Snapchat on Monday over claims they designed their products to be addictive to young users.
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