Roughly 69.7% of tenants seeking apartments prefer furnished properties, while 28.9% are searching for unfurnished options

Emirate among the top three cities to record the highest level of rental growth for H1 2021.

Some of the emirate’s best-known communities produced higher yields

The Dubai rental property cycle generally lags the sales market by about 12-18 months. As such, today’s average asking rents are broadly equivalent to levels last seen in early 2013. The Real Estate Regulatory Agency’s updated rental index for this year reflects this cycle, with no significant change recorded for freehold rentals as compared to last year.

Research has shown that many landlords have indeed either reduced their lease values or offered incentives for their tenants to minimise vacancy levels. Nevertheless, even with the current scenario, Dubai’s real estate rental returns are still considered among the top in the region as well as on a global level.