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May 20th, 2024 - 08:17 GMT

Dubai tenants go for smaller flats in city during record high rents

Tenants in Dubai are increasingly choosing to relocate to smaller houses within the city as rents remain at a record high in many areas. Industry executives said the inflow of young professionals and smaller families is fuelling the demand for smaller houses while landlords also prefer such units as they are more affordable, easy to rent out and provide robust returns on investment. Meanwhile, residents looking for larger units are ...
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Average rents at the Dubai International Financial Centre were the highest at approximately Dh200 per square foot annually.
May 12th, 2019 - 05:52 GMT

Office Rents in UAE Fall in Q1 2019

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