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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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