Wednesday 25, June 2014 by Georgina Enzer

Double bubble for Dubai?

Rents in Dubai, for both residential and commercial property have been skyrocketing this year, with rent for a two bedroom flat in Business Bay now anywhere between AED 145,000 at the low end and AED 180,000 on the high end. Three years ago tenants were paying around AED 75,000. Rents in this locale have increased on average by 100 per cent over the last year.

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