The Greens - Rents Agreed - Market Trends

The Greens - Rents Agreed - Market Trends

Dubai Property News
Rents Agreed

Rents Agreed in The Greens, Dubai.

Author Gareth Davies - Award Winning Broker and Property Consultant

  • The rate of growth for rents at the Greens has decreased each month since March  and recorded no change during August, September and October.  

  • Rents in many communities have started to level out as the affordability of people working in Dubai “gets stretched and a rent ceiling has been reached”.

  • There is still demand from tenants for all sizes of apartments but as the rents increased the expectations of potential tenants in terms of the standard of kitchens and bathrooms has increased. 

  • There is good demand at Greens for ground floor apartments with gardens or yards.

  • Apartments with modernised kitchens and bathrooms (such as the cost-effective vinyl wrapping systems) are achieving the top rents and the least number of cheques.

Source: PropertyMonitor.ae

Rents Agreed to New Tenants (not tenancy renewals).

Studio Rents. Source: PropertyMonitor.ae

1-Bedroom Rents. Source: PropertyMonitor.ae

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