Some Dubai developers now plan residential projects to rent rather than just sell

Some Dubai developers now plan residential projects to rent rather than just sell

Dubai's property market has been on a tear these three years, whether it's on sales or rent gains. That's an incentive for developers to build projects to rent rather than just sell.

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Dubai: Even as Dubai’s hyperactive offplan market keeps them busy, some developers are starting to think of building new residential units they can rent out rather than only sell. Such a shift would also come in handy at a time when overall property sales and prices are seen as stabilizing after two record-setting years.



At the same time, Dubai’s rental market could be in for another strong year of all-round gains, and this is exactly where developers are spotting opportunities. Deyaar, the Dubai developer listed on DFM, expects to create up to