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Tenants can now decide where they want to live, what sort of home they wish to rent and how much they’re ready to pay. According to Jones Lang La Salle’s April 2010 Residential Market survey, the total number of freehold residential stock released in Dubai is 278,000 units (both villas and apartments). This includes the 5,000 units that were launched between January and March 2010. Future supply by the year-end is expected to increase that number by a further 22,000 units. With such a vast over-supply in the market, the time is ripe for tenants to have their pick of the best.
published: gulfnews
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