Property Rate Increases

Anticipating a 50% Surge: Dubai Short-Stay Rents Set to Skyrocket in the New Year

Anticipating a 50% Surge: Dubai Short-Stay Rents Set to Skyrocket in the New Year

As the New Year approaches, Dubai's property investors and landlords who have relied on short-term rentals are basking in the glow of rich rewards, with year-over-year rate increases soaring to unprecedented heights, reaching up to 50%, according to market sources. Throughout December, short-term accommodation reservations in Dubai have experienced a surge, particularly for luxury properties. A...

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