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Dubai real estate sees surge in tenant registrations and listings

Overall rental trade volumes rose 94 percent in November as renters opted for flexible rent payments with 4+ cheques.

Overall rental trade volumes rose 94 percent in November as renters opted for flexible rent payments with 4+ cheques.

Tenant Surge and Increased Listings:

Dubai’s real estate sector experienced a remarkable shift last month, witnessing a staggering 110 percent year-on-year increase in tenants registering for rentals. Correspondingly, landlords responded with a substantial surge, boosting listings by 91 percent, indicating an evolving landscape favoring landlords.

Rising Property Viewings:

The report by Allsopp & Allsopp additionally highlights a significant uptick of 99 percent in property viewings for rentals, indicating heightened interest and activity within Dubai’s real estate market.

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