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Dubai rents: 10 most affordable places for villas and apartments

The average price of renting property in Dubai climbed 28.5% between January 2022 and the same month this year.
The most expensive places to rent, as revealed by Arabian Business, are Palm Jumeirah, Al Barari and Emirates Hills. The average cost of renting a villa on Palm Jumeirah is now more than AED1m.(Arabian business)

The newly closed Dubai-based fund focuses on the emirate’s build-to-rent housing market, with two projects on the Dubai Water Canal, which will be branded as Eden House, The Canal, and Eden House, The Park. The two properties are expected to “address a market gap for affluent renters” in Dubai, according to a statement.(Zawya)

The price of high-end Dubai properties is forecast to rise 13.5% next year, thanks to its relative affordability and booming interest from foreign buyers (and its welcome of Russian wealth).

The city easily tops Knight Frank’s ranking of prime residential price growth for 2023, easily doubling the gain predicted for prime Miami property, which took second place. London, on the other hand, may see the biggest slowdown. See which cities are expected to see prices rise — and fall — the most at the link in bio.

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