Apr 29 2007
Real estate in Dubai rents set to fall
International Property News and Articles from Propertyshowrooms.com wrote an interesting post today on
Here’s a quick excerpt
Dubai is experiencing a shortage of affordable rental property which has driven rents up in both residential and commercial property. Dubai has over 27 million square feet of office space under construction. The Central Business District alone has office space totals to about 15.86 million square feet. Mr. Ian Albert, Regional Director, Colliers International remarked on the situation revealing that Dubai office space is equivalent to that available in Geneva, Rio De Janeiro, Beijing and Singapore.
Read the rest of this great post here
Leave a Reply
You must be logged in to post a comment.