More than one-in-five UAE residents are paying more in rent for the same property in the second quarter of 2018 compared to the year-earlier period, according to a survey by yallacompare, the Middle East comparison site. Yallacompare’s Consumer Confidence Index Q2 polled 1,347 UAE residents on the state of their finances.
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It found that 38.6 percent of residents are paying more rent, with 21 percent paying more for same place. 19.8 percent are paying less to rent out the same property now than they were last year, while 34.9 percent are paying the same.
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