Rental values in Dubai rose most in the past year than anywhere else in the world, according to new figures released by Knight Frank on Sunday.The Knight Frank Prime Global Rental Index showed rents in the emirate increased by 18.3 percent in the year to March.
By contrast, the leading financial centres of Hong Kong, New York and London were some of the weakest performers, recording falls of 2.3 percent, 2.6 percent and 3.1 percent respectively. Rental values in Dubai rose 10.1 percent in the past six months and by 3.5 percent in the first quarter of 2013, the index also showed.
Categories: Asia, United Arab Emirates