Rents climb to 27.7% in 2023 as Dubai continues to attract visitors

The CBRE Dubai Residential Market Snapshot noted that average apartment and villa rents increased by 27.9% and 26.3%, respectively

Business, Opinion, PropertySteven Leckie9 March 2023CBRE, property in Dubai, property trends Dubai, property prices, Dubai prices, renting in Dubai, rent in Dubai, Rental Yields, hig rental yields Dubai, Dubai populationComment

Affordable apartments offer highest returns in Dubai

Some of the emirate’s best-known communities produced higher yields

Opinion, PropertySteven Leckie15 April 2021best rental returns Dubai, Rental Yields, hig rental yields Dubai, renting in Dubai, Dubai rental, affordable properties Dubai, affordable housing DubaiComment

The affordable housing challenge re-examined

Over the past five years, the UAE’s two biggest real estate markets, Abu Dhabi and Dubai, have acknowledged the rising housing demand from mid-income white collar workers. While Abu Dhabi has set a quota for affordable housing in new developments, Dubai is yet to implement such a measure. Developers are taking notice, albeit slowly, of the housing requirements of a previously underserved market.

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