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Dubai freezes rents for contracts signed in 2008

Dubai freezes rents for contracts signed in 2008

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Old Jan 20th 2009, 1:48 am
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Location: Dubai, UAE
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Default Dubai freezes rents for contracts signed in 2008

Article in Gulf News

The decree includes a mechanism to deal with low rents (us Gardens tenants will have the smiles wiped off our faces then). Should be good news for everyone else depending on how they determine the average market rate.
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