UAE: Fear of Eviction, Rising Rents Push Residents To Buy Properties

UAE: Fear of Eviction, Rising Rents Push Residents To Buy Properties

Tenants in Dubai are increasingly looking to buy properties as they fear receiving eviction notices from landlords due to the rise in rentals. According to reports, the supply of new residential units remains tight in both sales and rental markets, which means little relief from rentals for tenants and price increases for buyers. The emirate’s …

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Tenants in Dubai are increasingly looking to buy properties as they fear receiving eviction notices from landlords due to the rise in rentals. According to reports, the supply of new residential units remains tight in both sales and rental markets, which means little relief from rentals for tenants and price increases for buyers. The emirate’s …