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Sunday, December 6 - 2009

Dubai rents up 40-50%

  • United Arab Emirates: Thursday, September 15 - 2005 at 07:22

Dubai tenants renewing their contracts this autumn are discovering the reality of rent rises with 40-50% common. For example, a one bedroom apartment in The Greens is up from $11,000 to $16,500, and a five-bed Umm Suquiem villa from $30,000 to $44,000. Rising rentals are fuelling investor interest in Dubai.

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