Latest news and articles about rental market from NEX English
A recent study revealed that the rent control system in Paris and several major cities has reduced rent increases by <strong>5%</strong> without negatively impacting rental supply. This pressure comes at a critical time as the French government seeks to address citizens' needs.
Dubai has achieved a new milestone in the rental market by leasing a luxury apartment in the Burj Khalifa for a record amount of <strong>12 million AED</strong>. This deal highlights the increasing demand for luxury properties in the emirate.
Landlords in the rental market are increasingly turning to rental insurance to protect their investments due to rising concerns over unpaid rents. This shift follows the implementation of new laws that limit rent increases and freeze expiring contracts.