Colife predicted Dubai real estate rents to Soar 20%in the new year
In Dubai, UAE, Ilnara Muzafyarova, head of Colife, a real estate management firm, predicted a 20 % jump in short-term rentals or up to 6 months in Deira, compared to 2023, and a 15 % rise for long-term or above 6 months but this is anchored by the organic growth within the market, which has also seen a 15 % increase in apartment prices from mid-2022 to mid-2023, in addition there is no evidence