Average rents in Dubai grew by 28.5 per cent in the 12 months to January 2023 — the Emirate’s highest rental growth on record. According to real estate services and investment company CBRE, average apartment rents grew by 28.8 per cent to reach Dh98,307 during this period. Villa rents reached Dh290,242, registering a growth of 26.1 per cent.

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