This is where the importance of the Rental Index tool comes into play. It is a service provided by the Ejar platform. allowing users to view the price range, average rental values, and the number of transactions based on the rental contracts documented in the Ejar network. The price range is based on estimating the upper and lower limits of the most frequently occurring commercial transaction values according to the type of unit.
This tool helps you explore the prices actually implemented in desirable neighborhoods. Additionally, having prior knowledge of real estate transactions gives you a chance to secure the best residential unit in your chosen area and helps you determine and even enhance your ability to purchase it in the case that you need financing solutions. Furthermore, knowing the actual prices protects you from falling into the trap of outrageous prices due to marketing offers from some real estate companies.
Visit the rental index link then enter the city, area, and neighborhood where you wish to live, invest, or work.
Look for data from the beginning of the year to the current time to obtain accurate market information.
Residential: You will find options such as apartments, floors, and villas.
Commercial: You will find offices, shops, and showrooms.
Classifications vary from one neighborhood to another based on the type of property you are looking for, giving you a comprehensive view of the available options.
Renting is an expense that we must handle wisely, which is why it is important to benefit from the Rize service which offers you the "Rent Now, Pay Later" option. Rize is the first Saudi digital platform that enables customers to rent their residential units with flexible, reasonable monthly payments and an easy, convenient payment method.