Dubai landlords are introducing new leasing perks to retain tenants in response to the city’s rising property supply. This trend comes amid an increase in available rental units, prompting property owners to enhance their offerings to remain competitive in the market.
Leasing Incentives
To attract and keep tenants, landlords are offering various incentives, including:
- Rent discounts or flexible payment terms
- Complimentary furnishings or upgrades
- Extended lease durations with favorable terms
- Covering utility costs or maintenance fees
Impact on Tenants
These perks provide tenants with more affordable and attractive options, making it easier to secure desirable housing. Tenants benefit from increased negotiation power and better value in an expanding rental market.
Market Outlook
As supply continues to rise, landlords are expected to maintain or expand these perks to sustain occupancy rates. This competition may lead to evolving rental market dynamics, favoring tenants in the short to medium term.
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