August 1, 2024

Dubai rent hikes ‘slowing down’ as more tenants renew contracts

Rents in Dubai are expected to keep rising, but at a slower rate, as the market begins to show signs of stability, with more rental listings remaining unchanged in the second quarter of this year. Data indicates that a larger proportion of Dubai residents renewed their tenancy agreements during the second quarter, even as rents hit record levels in the emirate. Taimur Khan, head of research at...

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