Dubai Property Rental Market

The Dubai property rental market in Q2 2022 showcased steady growth, marked by increased demand and moderate rent hikes across key areas. According to Morgan’s International Realty, neighborhoods like Dubai Marina and Downtown Dubai experienced heightened interest due to their strategic locations and amenities. Asteco reported a 4% quarterly rise in apartment rents and a 6% increase for villas, with annual growth reaching 15% and 23% respectively . The Dubai Land Department noted that 81.41% of rental contracts were annual, indicating a trend towards longer-term leases . This stability reflects Dubai's appeal to both residents and investors seeking reliable rental yields. For a comprehensive analysis, explore the full Q2 2022 Dubai Real Estate Market Report by Morgan’s International Realty:
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