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Dubai: Rent increases in Sharjah are now rising at some of the fastest rates in the UAE, with average hikes on lease renewals being in the range of 18-25% against the 5-10% increases seen in Dubai or Abu Dhabi.
Of course, Sharjah started to see sharp spikes in rents only this year, and this is most apparent at the older buildings in the city and specifically in lease renewals. Plus, the rent increases are coming off a much lower base.
Source: Gulf news
