The apartment would most likely be classified as a condominium in the US; individual owners and renters of single family homes/units in a multi-story, multi-unit building, with security, facilities, and common areas.To the point: My landlord has informed me he is raising the rent by 8.5% upon contract renewal in October, but read on.Dubai has government regulations concerning rental increases.

https://www.har.com/content/department/newsroomHouston Real Estate Highlights in March, 2024:-Single-family home sales declined 7.5 percent year-over-year;-Days on Market (DOM) for single-family homes went from 62 to 55 days;-Total property sales were down 7.0 percent with 8,939 units sold;-Total dollar volume fell 5.6 percent to $3.5 billion;-The single-family median price rose 1.6 percent to $330,000;-The single-family average price rose 1.3 percent to $412,464; -Single-family home months of inventory registered a 3.5-months supply, up from 2.6 months a year earlier;-Townhome/condominium sales continued to decline, falling 6.7 percent, with the median price up 5.1 percent to $235,000 and the average price up 2.2 percent to $276,262.

The property because of its location is now comping at close to 430K, I think I actually reset the market in the that condominium complex because I bought at 420, now they are all selling for at least that.

What type of properties are you targeting single family homes, condominiums, townhomes, what city and county?

pid=2072Houston Real Estate Highlights in April, 2024:-Single-family home sales rose 9.2 percent year-over-year;-Days on Market (DOM) for single-family homes went from 56 to 49 days;-Total property sales rose 8.7 percent with 9,611 units sold;-Total dollar volume was up 13.8 percent to $4 billion;-The single-family median price rose 3.0 percent to $340,000;-The single-family average price rose 4.6 percent to $437,198; -Single-family home months of inventory registered a 3.7-months supply, up from 2.6 months a year earlier;-Townhome/condominium sales continued to decline, falling 1.3 percent, with the median price down 1.8 percent to $230,000 and the average price down 0.5 percent to $278,048.

My most recent experience was selling my condominium, a very wise investment I made 8 years ago, to purchase my home in 2023. 

Have done a 1-8 condominium here in SoCal, self managed and different properties across many states.

I am immensely grateful that the pandemic, in its own peculiar way, presented me with the opportunity to save money and devote time to rectifying my credit score, ultimately enabling me to pay off all my debts within the span of that very year.Emboldened by this newfound financial stability, I ventured into the realm of real estate by earnestly exploring available condominium options in Las Vegas, Nevada.

Besides our home , I own a condominium and some property with other investors.

The condominium project itself has to be evaluated, not simply the individual unit.