Living into a metropolis like Dubai is no lesser than a dream lifestyle but the only concern many people have in mind is the skyscraping rent that makes it a bit expensive to live into Dubai. If increasing property rent is your concern then you need to read this post till end. In a recent report, Asteco revealed that landlords are willing to lower down the rents as tenants are in search of cheaper accommodations. With this rental relaxation, just get in touch with a professional Moving Company in Dubai and plan your move to live your dream lifestyle.
What Does Asteco Q3 Report Says?
Asteco is a leading real estate service company that monitors Middle East’s real estate market and buyer’s behavior throughout the year. In its 3rd report for the year 2016, it has been observed that areas like Jumeirah Village Circle and Dubai Sports City have seen an overall 2%-3% increase in rents and an even bigger percentage of 5% can be witnessed in Business Bay area. But instead of compromising on these values, tenants have started to find cheaper accommodations in different parts of Dubai.
What Can I Do?
This sudden change in tenant’s behavior is forcing landlords to lower down the rent bar for retaining existing tenants and saving money on maintenance and refurbishment before handing over keys to new renters. And the possibility to living into Dubai at a lower rental cost gave Moving Companies a green signal to stay proactive. This is because makes it evident that if you rent an apartment in Dubai, you will be saving a significant amount from rent. Not only on residential properties, you can even save a specific amount of money on commercial properties and pay less for continuing your business activities.
So if you’re interested to relocate with your family, shift your workforce or initiate a new business in Dubai, this might be the right time to make your move. Get in touch with a moving company in Dubai to obtain moving costs and schedules and start anew in Dubai’s land of opportunity.
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