Rental prices for residential and commercial property in Dubai have declined again this month due to an increasing supply of property, according to a recent real-estate report. Dubai, UAE- October 15, 2010 – Dubai has become a key international real estate development hub and is increasingly attracting more and more visitors and temporary workforce from all quarters of the world. However...
Falling rents gives opportunity to expats as well locals from neighboring cities to have better standard of living at reasonable rates. Dubai, UAE- Sept 21, 2010 – Dubai is recognized as the commercial and tourism capital of the UAE and is globally regarded as one of the most sophisticated, futuristic and a cosmopolitan city in the world. At one point of time we use to think living in...
Abu Dhabi commuters and expats from across the globe flock to Dubai Marina due to incredibly attractive rents. Dubai, UAE- Sept 21, 2010 – In a situation where the inventory is swelling, prospective house hunters in Dubai appear to have everything going in their favor. One the one hand, the prices of rentals in Dubai is incredibly attractive while on the other hand, there are plenty of...
Surveys revealed that even this year with rents dipping, Dubai has again turned out to be the preferred destination for tenants of neighboring cities to shift their homes. Dubai, UAE- August 23, 2010 – A major dip in rents has prompted more than a one third of tenants across the UAE to switch homes last year, with several opting furnished residential rentals in Dubai at prime locations...
Rents ease in areas such as Al Barsha, Bur Dubai, Marina and Jumeirah Lakes Towers. Dubai, UAE- August 20, 2010 – In the recent years Dubai has been the leading hub for tourism as well as business. Every year many tourists as well as expats visit Dubai to spend vacation and for the work respectively. New Research shows that home and office rents continued to soften in the second quarter of...
The downfall in rental markets in Dubai enables the residents as well the expatriates to rent lavish villas and apartments at affordable prices. July 14, 2010 – UAE, Rentals in Dubai are continuing to move from an owners’ to a tenants’ market with tenants enjoying more room to bargain as prices continue to fall. As the supply in the residential sector nears its peak, rentals...