Dunyo Accounting LLC

2024-03-07

Tenants in Dubai's mid-market residential areas now getting 'revised' rental increases

Dubai: As lease renewal periods come up, tenants in Dubai are encountering significant rent escalations, with property owners adjusting rental charges to align with ‘market norms’. Consequently, landlords are implementing up to a 20 per cent increase in rent wherever feasible.

https://gulfnews.com/business/property/tenants-in-dubais-mid-market-residential-areas-now-getting-revised-rental-increases-1.1709696501566