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Dubai rental yields fall
- United Arab Emirates: Tuesday, May 13 - 2008 at 10:31
Rental yields in the Dubai residential property market dipped in April as property prices rose faster than rents, according to a report by Al Mal Capital, a UAE-based investment bank. A year's rent was on average equal to 7.1% of the property's value, down from 7.3% in March, cited Bloomberg.
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Jeff Florian, Senior ReporterTuesday, May 13 - 2008 at 10:31 UAE local time (GMT+4)
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