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Will Dubai villa rents rise? What Rera index says

Posted By on January 15, 2015

The Springs and The Meadows in Dubai

Rents in Springs, Meadows and Jumeirah Village Triangle remain stable

The first Dubai rent index update of 2015 saw apartment rents going up by 6 to 25 per cent across various freehold communities, but that’s not the case with the villa segment.

Lease rates have remained stable across freehold villa communities, a comparison by ‘Emirates24|7’ of 2015’s first rent index update against 2014’s last index figures reveals.

Rents in the Springs community has seen no rental increase with rents for two-, three- and four-bed dwellings remaining at Dh120,000 to Dh135,000 per annum (pa); Dh180,000 to Dh200,000 and Dh200,000 to Dh250,000 pa, respectively.

The index reveals no rental rise in the Meadows as well. Three-bedroom villas still lease between Dh220,000 and Dh250,000 pa, while four-bed units are renting for Dh250,000 to Dh300,000 pa….read more

Source: Emirates 24/7

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