Russian influx drives up rental prices in Dubai

[ad_1]

Waquar and his family were staying in a one-bedroom apartment in South Dubai paying $9,500 (£7,750) annually. When his lease was about to expire last month, the owner wanted to raise the rent by about $3,000. He initially searched for a new apartment in the same locality, but rents had gone up by more than 40%.

[ad_2]

Source link

Leave a Reply

Your email address will not be published.