An increase in offers from developers will balance the market and influence the growing demand from tenants. Also, according to the experts, the influx of housing will slow down the rapid rise in rental prices which was observed over the past three years.
Despite the increase in new properties on the market, there will not be a sharp decline in rental prices. According to analysts, rental rates should stabilize, but at a new and higher level. The reason for this is the consistent demand from a growing number of expats and the active development of the economy in Dubai.