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Dubai rents continue to fall

Posted on 23 July 2009

From Kippreport.com: Dubai rents continued to drop in July as more properties were introduced into the market, according to Landmark Advisory’s July rent index. The study also states that some areas in Dubai are seeing increases in rental rates, although they are not the norm.

Properties in neighborhoods such as International City saw rents slide by up to 22 percent in July compared with June, with Jumeirah Beach Resident (JBR) and Palm Jumeirah say rents rise by as much as 14 percent………Full Article: Source


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