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on18 September 2024
Existing tenants in Dubai South feel full force of 15-20% hikes in rent renewals
Dubai: The rise in rents experienced by all the established locations in Dubai has finally reached Dubai South in full force.
Tenants who had been living in the sprawling mixed-use development for some time have certainly been feeling it, with lease contracts getting renewed at 15-20 per cent higher than what they have been paying. This has been particularly noticeable in renewals done through the summer.
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