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Real Estate Briefing - Categorized | Market Moves, Middle East and Africa more

Dubai sees drop in rents of old buildings

Posted on 15 November 2010

From Emirates247.com: Dubai is currently witnessing a drop in rents of old buildings, according to Saeed Al Kindi, Chairman, Dubai Rental Dispute Settlement Committee. A drop in rents of old buildings in the emirate is because people are increasingly shifting to newer ones, he added.
Most of these buildings lack modern infrastructural facilities such as health clubs, underground parking, entertainment units, dedicated security, etc……………………………………….Full Article: Source


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