Dubai rental market cools as supply surge hands tenants new negotiating power
Dubai's rental market is cooling for the first time in years, with data showing rents have eased across all housing categories as accelerating supply and geopolitical uncertainty shift negotiating power from landlords to tenants. Rents fell by an average of 1.1 per cent in the three months to May 20
AI Translated Summary:
Dubai's rental market is experiencing a cooling trend as increased supply and geopolitical uncertainties shift power to tenants. Average rents have decreased by 1.1 percent in recent months.
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