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Rent fall in Dubai: Welcome change
XPRESS - Dubai,Dubai, United Arab Emirates
Property rents in Dubai continue to soften as distressed owners try to cut losses and hedge against uncertainty, property brokers say.
XPRESS - Dubai,Dubai, United Arab Emirates
Property rents in Dubai continue to soften as distressed owners try to cut losses and hedge against uncertainty, property brokers say.
From August last year, a one-bedroom apartment in the highly urbanised and sought-after areas of Bur Dubai and Karama have dropped by 40 per cent (from Dh100,000 to Dh60,000 this March), according to an XPRESS study comparing the advertisements during the two periods. ...
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