Dubai rental rates continued a downward trend experienced during 2018, according to brokers. Asteco says there are now an increasing number of price-conscious tenants, irrespective of a property's location, size or quality.
However, year-on-year rents are down in most categories not only luxury. What is driving the prices to fall? Hosts Mustafa Alrawi, Assistant Editor in Chief and Chris Nelson, Assistant Business Editor delve deeper.
Also in this episode:
- A round-up of the business news you need know from thenational.ae. (0.50)
- How rents have fared in the different areas of Dubai this year. (1.52)
- The latest on US-China trade war. (7.39)
- And we speak with Jennifer Gnana, The National's energy correspondent about the upcoming Opec meeting in Saudi Arabia amid a week in which part of the Kingdom's oil installations came under attack. (12.41)
Subscribe to Business Extra to receive new episodes every week:
Apple Podcasts | Android | Google Podcasts | Spotify | Audioboom | RSS
____________
Find out where rent fell in Dubai in the first quarter
