Thursday 02 May 2019Thursday 02 May 2019
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One cheque rents' on way out as Dubai Landlord Power Wanes
As we close off the first half of 2024, Dubai’s property market has shown impressive growth across all residential sectors with no signs of slowing down.
Dubai realtor Allsopp & Allsopp says rental transactions are up 75% during first quarter of 2019.
Sam Bridge from Arabian Business writes about the rise in transactions seen by Allsopp & Allsopp in Q1 of 2018. “Allsopp & Allsopp said buyer registration in the first quarter of 2019 is up by 20 percent with sales transactions seeing an 18 percent increase while tenant registration has jumped by 55 percent with rental transactions seeing a 75 percent surge.”
Link to article: https://www.arabianbusiness.com/news/417812-one-cheque-rents-on-way-out-as-dubai-landlord-power-wanes