Dubai Rental Rates Increase up to 25%
There is no doubt that the Dubai Real Estate Market is booming. We heard industry experts say this at the beginning of this year, and six months in, the numbers have already spiked up by 25%.
In this surge in prices, the following communities appear to inflate faster than others:
The change was first evident in the mid-to-high-end segment but is now shifting towards affordable areas. The recent visa reforms have attracted professionals from around the world to Dubai, thus increasing demand in such areas and overall affecting the properties' price points.
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