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08/10/2015 07:16 AST
Although the cost of renting properties in some parts of Dubai has gone up, there are still bargains to be found in today’s rental market.
According to the data compiled by a property portal, a number of apartments in Dubai Marina, Downtown Dubai, Jumeirah Lakes Towers, Dubai Sports City and Business Bay registered annual rental declines of between 2.6 per cent and 19 per cent in August.
This doesn’t mean rental figures across all types of apartments in these communities have declined.
Smaller properties, such as studio and one-bedroom apartments can command higher rates in sought-after communities, but can offer some bargains in secondary locations.
So, for house hunters to save money on rent, the key is to do their own homework. Here’s a quick look at how much rents have risen or fallen in some of Dubai’s popular communities, according to property portal Bayut.com.
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