Where Dubai apartment rents have risen and fallen, Q2 2017
Find out how rental prices for Dubai apartments have changed during the second quarter of 2017 and the average annual rates you will pay, according to data provided by Asteco.
It's good news for tenants, but not so for landlords as rents continued to fall during the second quarter.
Housing supply is expected to double in 2017 to 17,700 units compared to 8,750 in 2016, according to Asteco. The growing supply is likely to amplify the downward price pressure in the second half of the year, the agency said.
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Updated: July 11, 2017 08:45 AM