Tuesday, 20 January 2009

Dubai Rent Index

Here is the link to the RERA Rent Index:
http://www.arabianbusiness.com/544209?start=1

The recent decree by Sheikh Mohammed bin Rashid Al Maktoum states that those only rents lower than 25% of the market value can be hiked, not that the rents should match the market value but we'll see won't we?

1 comment:

  1. Well, if they want to see an exodus from this country, they should hike rents even further. The current economic condition won't allow it.

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