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Real estate companies announce reduction of rents and exemption from the value of insurance
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several real estate companies launched special offers for renting residential units in Dubai, most notably exempting tenants from “commission” and the value of insurance, while other offers included reducing the annual rent to values ​​​​up to 5000 dirhams

several real estate companies launched special offers for renting residential units in Dubai, most notably exempting tenants from “commission” and the value of insurance, while other offers included reducing the annual rent to values ​​​​up to 5000 dirhams, with granting free months, in addition to installment payments. on 12 checks. Real estate agents considered that these offers, which they described as tempting and generous, come within the framework of competition between companies to attract more new tenants, but they stressed the need for a mechanism and regulatory standards for them, for fear of a kind of confusion in the market. They expected that more owners and developers would present new offers with the influx of more tourists and investors to the country, in conjunction with the activities of the "Expo 2020 Dubai", and the economic recovery after the "Corona" pandemic.