Wednesday, 8 July 2015

10 most expensive cities to rent property: Where does Dubai rank?

Emirate registers quarterly fall of 0.6%: report

The pace of increase in rentals in Dubai has slowed down substantially over the last one year, making it far cheaper to rent a luxury property here compared with global cities such as London, New York and Hong Kong.

Rents for luxury properties in the emirate fell 0.6 per cent in the first three months of 2015, according to UK-based Knight Frank.