View Poll Results: Rents for June 2009 in Dubai: up or down?
They will increase 20%
4
21.05%
No change
7
36.84%
Go down 20%
6
31.58%
Go down 40% or more
2
10.53%
Voters: 19. You may not vote on this poll
Rents in June 2009
Nov 27th 2008, 2:12 pm
#1
BE Enthusiast
Thread Starter
Joined: Apr 2008
Posts: 380
Rents in June 2009
Hi,
Two months ago I posted a poll about rents for next year. 75% thought they were going to increase. How about now? Share your guess for June 2009.
Cheers,
Two months ago I posted a poll about rents for next year. 75% thought they were going to increase. How about now? Share your guess for June 2009.
Cheers,
Nov 27th 2008, 3:39 pm
#2
BE Forum Addict
Joined: Aug 2007
Posts: 3,287
Re: Rents in June 2009
I honestly think there won't be a lot of difference to today.
I think a lot of investors will brave it out for as long as possible and leave apartments empty, as has been done already.
I think a lot of investors will brave it out for as long as possible and leave apartments empty, as has been done already.
Nov 27th 2008, 3:55 pm
#3
BE Forum Addict
Joined: Jun 2008
Location: Abu Dhabi
Posts: 1,633
Re: Rents in June 2009
Are you asking about Dubai or Abu Dhabi? There is a difference and I suspect that Dubai will remain the same or go down slightly but Abu Dhabi will keep rising due to the current shortage of accomodation :curse:
Nov 27th 2008, 5:43 pm
#4
banned
Joined: Oct 2008
Posts: 7,611
Re: Rents in June 2009
Yea, think ad will increase slightly..not the stupid rises we have witnessed this year.
Nov 28th 2008, 4:16 am
#5
Concierge
Joined: Feb 2007
Posts: 29,625
Re: Rents in June 2009
I have voted no change, but it depends on the property. I had a client last week who was looking for a 4 bed in Jumeirah. Two of the villas I viewed weren't suitable but the landlords were prepared to negotiate, unheard of in the past couple of years.
Nov 28th 2008, 6:09 am
#6
BE Forum Addict
Joined: Apr 2005
Location: Melbourne
Posts: 4,553
Re: Rents in June 2009
One of the big(gest in Dubai - I guess) developers reckons that rents will go down between 20-40% by the middle of next year....
