Rental Prices

Rising Demand for Co-Living Spaces in Dubai Spurs Rent Increases for First-Time Residents

Rising Demand for Co-Living Spaces in Dubai Spurs Rent Increases for First-Time Residents

A significant number of newly arrived residents in Dubai, particularly those in their 20s or early 30s, are increasingly opting for co-living spaces as their preferred choice of accommodation. Market sources indicate a growing trend towards co-living rentals, with lease rates showing signs of stabilization in response to this heightened demand. Read this also : Dubai International Airport Tops List as...

New Procedure for Dubai Landlords Seeking Rent Re-Evaluation

New Procedure for Dubai Landlords Seeking Rent Re-Evaluation

Dubai landlords now have a new process in place if they wish to seek a rent re-evaluation, as announced by the Real Estate Regulatory Authority (RERA). Instead of relying solely on the most recent Rental Index update, landlords have the option to request a higher rental amount, but with a significant change in the procedure. Read this also : More tenants are turning into...

Dubai's Real Estate Market Shifts to Favor Sellers Amid Price Surges

Dubai’s Real Estate Market Shifts to Favor Sellers Amid Price Surges

Dubai's real estate landscape is witnessing a transition into a seller's market, driven by the substantial gains experienced over the past three years in property prices. Industry experts suggest that as the rapid surge in real estate prices begins to stabilize, some investors are considering capitalizing on their assets by selling and exploring emerging markets for potentially higher returns. Click...

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