rental contract

Rising Rents

Buyers Switch to Home Ownership After Rent Increases?

According to real estate experts, rising rental costs are pushing many Dubai residents to purchase real estate in the emirate for the first time. One of the key reasons for the trend is that mortgage rates are now comparable to or frequently less expensive than the monthly rent for a home in Dubai. Another reason why people were eager to own their own houses was the inconvenience of having to renegotiate...

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