Rents in Dubai have increased up to 15 percent since the Real Estate Regulatory Authority (Rera) Rental Index was updated earlier in March this year. “The Rera rental index was updated earlier this year to reflect rental increases, with most districts seeing increases in the range of 8 to 15 percent. We have seen a higher number of renewals compared to new leases as tenants look at renewing in...
Short-term rentals could prove a popular option for visitors to Dubai during summer months, Dubai short-term rentals could thrive in the summer, according to accommodation management firm Frank Porter. A range of tourism initiatives in Dubai and rising prices in European resorts make a visit to the UAE an attractive option for business and leisure travelers. Short-term let accommodation is set to enjoy...
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