Existing tenants in Dubai South feel full force of 15-20% hikes in rent renewals

By Staff Reporter
Dubai: The rise in rents experienced by all the established locations in Dubai has finally reached Dubai South in full force.

Tenants who had been living in the sprawling mixed-use development for some time have certainly been feeling it, with lease contracts getting renewed at 15-20 per cent higher than what they have been paying. This has been particularly noticeable in renewals done through the summer.

Source: Gulf News