Dubai Tenants Face Urgent Choices Amid Rising Rents

Send us a text Dubai tenants are facing tough decisions in the coming weeks as they need to decide whether to renew their leases or relocate, prompted by changes in the RERA Rental Index. This updated index allows landlords to set rents in line with current market rates, leading to expected double-digit rent increases, particularly for apartments. Rent hikes could reach up to 20 percent upon lease renewal, significantly impacting tenants’ budgets. With the summer break approaching, tena...