Rental Decline Communities

Dubai: Are rents dropping in some communities after double-digit hikes?

Rent has been rising post-pandemic on the back of a growing population in the emirate Rents in some Dubai communities have declined. Overall, however, rents are increasing at a slower pace. Real estate industry executives say that the era of double-digit rent increases is behind us as the market has matured. It is now seeing much more stable and gradual growth in rentals. Rents and...

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