Rents could drop in some older buildings as smart rental index is launched
Manage episode 459932828 series 2279980
Does Dubais new Smart Rental Index make the rents drop? Data reveals a surge in revenue, high transaction volumes across various property types, and significant rent increases, particularly in affordable areas. The reports highlight both the popularity of ready-to-move-in properties and the continued confidence in off-plan developments. Furthermore, the market's international appeal is underscored by investor participation from various nationalities and the development of luxury projects
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