Rising rents in Dubai have put residents in a tight spot, which is hampering the holiday plans of a large number of expatriate families this year.
According to Khaleej Times, several families that save money over the year to visit their home country or a tourist destination to beat the summer heat say they are forced to remain home because their household budget rents take almost 40 to 50 per cent of their monthly income.
They blame the landlords for the increase. One resident told the paper that his house rent is slated to increase from Dh60,000 for a two-bedroom villa in Satwa to Dh93,000 as of September 1.
