by Multi Planet Property 
Given the quantity of individuals looking for homes, some locals think landlords are getting “greedy” and charging outrageous rates because they think their empty properties will be occupied quickly.
While it is true that rents have increased, are landlords the only ones responsible for this trend? A more accurate image of Dubai’s rental industry is being painted by new data.
Executives in the real estate sector report that in certain parts of the emirate, the difference between the sale prices of rented and vacant properties might be as high as 50%.
Due to the local population growth outpacing the availability of residential units, property prices and rents have been steadily rising in most of Dubai’s major regions, surpassing their prior high observed in 2014.
The population of Dubai increased by around 25,700 during the first quarter of this year, according to the most recent data. However, just 8,350 units were supplied between January and March; as a result, demand is exceeding supply and, from a rental standpoint, Dubai is becoming a landlord market.
