Growth in the average rent

Growth in the average rent

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  • Growth in the average rent record

Realty price bubble risk one of the lowest in Dubai

According to a survey conducted by a Swiss multinational investment bank, UBS. Dubai has the second market with the lowest price bubble risk after Warsaw among 25 leading cities. The highest risk:

  • Toronto
  • Frankfurt
  • Munich
  • Zurich
  • Hong Kong

Record growth in the average rent was registered in Dubai in September 2022.

According to global commercial real estate services, CBRE. Average rental price increased by 26.6% compared to September 2021. In September 2022, average rental price:

  • Apartments – $24,500
  • Villas – $73,200

Leading areas in terms of average rental price:

  • Apartments – Palm Jumeirah ($63,000)
  • Villas – Al Barari ($257,700)
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