Woe is rent

The annual rent increases throughout Dubai have been widely reported and the subject of much discussion as to when this increase will either show a slower ascent or even start to decline. These discussions have continued this week with the comments from the UAE central bank in respect of the levels of inflation and the effect rental rates have on pushing this to artificially high levels. The rising cost of residential rents in Dubai has been one of the biggest contributors to inflation since 2004. Read More..