UAE renters dictate their terms

According to the poll from dubizzle Property, 61 per cent said they had successfully reduced their rent in the past 12 months, with 17 per cent of those polled securing a decrease of more than 15 per cent of their annual rent. Real estate rental prices have been declining throughout 2021.

The average rental price in Dubai decreased by 9.8% in September, while in Abu Dhabi rental prices decreased by an average of 11.2%.

«Real estate in the UAE is becoming more and more affordable, which means that tenants have more opportunities to negotiate in order to guarantee the provision of a market price for their property», said Samer Abdin, general manager of dubizzle Property.

More than a third of renters (35%) use online real estate platforms and the Dubai Land Department calculation system as a means of comparing real estate prices.

Mr. Abdin added: «When making an important decision about where to live, we recommend that users conduct research to make sure they get a competitive rental agreement. As the UAE moves further in favor of tenants, it is becoming an increasingly competitive and attractive place to live».