Dubai authorities urged to act against rising rents
Khaleej Times on Monday published an article, discussing the current rent crisis in Dubai. While a rent committee is in force, the daily wrote, the force with which it applies rules is, at best, disappointing. "Some fall on deaf ears and others take time before an amicable settlement to the owner-tenant dispute is reached," it added.
The argument that owners are justified in hiking rents given the rising costs of construction material, does hold water.
According to the article, the demands on the housing sector will only get worse in Dubai. Thus it is vital the city authorities act quickly by building both low and middle-income housing that will cater to all incomes.