Your search results
Posted by Dubai Vista Estate on 10/10/2022
0

New record on the rentals market in Dubai!

Dubai Vista Estate brings you the latest news of the week, regarding the record-breaking rental market in Dubai!

 

As rents and property prices soar, so do rentals! Faced with sharp rent increases and eviction notices, tenants are resorting to the Real Estate Regulatory Authority (Rera) rent index.

We can see that the prices of villas and apartments have increased by about 28% and 26% in Dubai.

During the episode of Covid-19, rents have increased in Dubai, the rents of an apartment today is closer and closer to that of a villa, because the supply of villas has decreased …

To give you an idea, the apartments located on the Palm Jumeirah have experienced an increase of 38%, followed by the Downtown area with 37%, the greens and the views with 37%. The more remote areas such as discovery garden 27%, Dubailand (25%) and Dubai Sports City (21%) have seen a sharp increase in contrast to 2021.

 

rental market

Compare Listings