Dubai Sports City Blog

DSC News & Updates

Shaikh Mohammad issues decree on property rent caps in Dubai while renewing tenancy contracts

| December 23, 2013

The Decree issued by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai states that if the rent of the renewed property unit is less than 10% of the average similar rent value in the locality, Landlords will not be allowed to raise rents. The […]

Dubai house prices rising fastest in the world – again

| December 10, 2013

A world-beating 28.5 percent  increase in house prices in Dubai in the 12-month period ended September 30, 2013, according to property research firm Knight Frank The average global house prices reached a new peak in the most recent quarter according to the report, surpassing their previous peak in the second quarter of 2008, after which […]