Where Dubai villa rents have risen and fallen, Q2 2017
Find out how rental prices for Dubai villas have changed during the second quarter of 2017 and the average annual rates you will pay, according to data provided by Asteco.
Downward pressure continued on the Dubai property market during the second quarter, according to property broker Asteco.
Villa rental rates declined marginally in the second quarter across all communities except Mirdif and Al Barsha where prices remained stable. Palm Jumeirah and Springs posted the greatest decline at 4% with the highest y-on-y drop occurring in Springs (16%), Jumeirah (14%), Arabian Ranches (13%), Palm Jumeirah (13%), Al Barsha (12%), Mirdif (11%) and Umm Suqeim (10%).
Click here to see Dubai apartment rental data during Q2, 2017.
Updated: July 12, 2017 12:27 PM