Recently published statistics by the Dubai Land Authority show that the real estate rental costs in Dubai declined by 20 percent in 2001, reported Al-Hayat . The same source attributed this drop in costs to excessive available land, including residential and office buildings, in the Emirate. New residential and office building projects will be completed this year, which is expected to push the cost of rent down even further. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
