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Dubai Landlords Attracts Tenants
Dubai Landlords Attracts Tenants
In a bid to allure tenants, landlords in Dubai are offering tempting deals to counter the oversupply of residential rentals in Dubai.
Dubai,
UAE,
United Arab Emirates
(pr4links.com)
14/02/2011
In a bid to allure tenants, landlords in Dubai are offering tempting deals to counter the oversupply of residential rentals in Dubai.
Dubai, UAE- Feb 14, 2011 - Earlier, living in a gleaming city like Dubai was just a dream but now the scenario is completely opposite. The recent real estate situation which is facing a downward spiral allows investors as well renters to buy or rent properties in Dubai and live a higher standard of living at absolutely attractive prices. The real estate reports say, due to the oversupply of residential rentals in Dubai, landlords are tend to offer tempting deals to allure tenants.
There have been many upcoming projects in 2012 which will increase the supply of new apartments in the prime areas of Dubai. This will ultimately affect the prices of rents as to occupy the maximum number of units by the tenants. Real estate agents predicted rentals in Dubai will drop for another 12 to 24 months. They are expected to bottom out when rents fail to make up for the "hassle factor" of owners managing repairs, maintenance and associated costs, etc. Other owners have also become creative to tempt tenants with non-cash offers in a bid to halt the rental price crash. Also, some property owners are offering incentives to tenants like free TV and internet services to stem the fall in rents. The current period in rental properties in Dubai is a tenants-market which allows them to rent luxury apartments in iconic buildings of Dubai and enjoy the feeling of lavish lifestyle.
Move In Dubai, an accomplished real estate company in Dubai provides all sorts of rentals properties in Dubai. Their skilful expertise and flawless services will put forward the best Dubai houses for rent in short span of time. They also assist landlords by providing them potential tenants for their property. They have a huge rental property portfolio placed in all the major areas of Dubai.
For more information on this company, visit: http://www.moveindubai.com/
Contact:
Shop 2, Al Bishri Building,
Al Barsha, Dubai, U.A.E
Dubai, UAE
Tel: 00971 (0) 44 327 866
Fax: 00971 (0) 44 327 865
http://www.moveindubai.com/
Email: alfrenzodubai@gmail.com
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