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Russian demand for rent in Dubai has increased by 527% in two years

As noted by experts who analyzed the rates of rent in Dubai among the Russians, demand has increased by 527.07% over the past two years. At the end of last year, the attention of Russian citizens to real estate rentals in Dubai decreased slightly. In December - by 22.1% compared to November. And in November - by 23.74% relative to October. Thus, the demand for tenants from Russia fell for two months in a row in 2022.

However, despite this, data for December 2022 was more than 2.5 times higher relative to December 2021, and more than 6 times higher compared to December 2020 figures.

Overall, over the past year, 2022, Russian demand for property rentals in Dubai has increased by 257.47% over the 2021 figures.

The greatest attention from Russians to rent was in October - almost 2 times higher than the monthly average results.

According to the real estate market experts, the greatest interest from Russian citizens is shown in such locations as Dubai Marina, Downtown Dubai and other places where there are the most tourists vacationing in the region. Those who are planning to live in the UAE a little longer, choose more distant from the sea residential complexes. It is also noted that to rent an apartment for a month now more expensive than living in an apartment on the beach. The fact that when you come to rent accommodation landlord takes a deposit for possible damage to property, so when checking in must be carefully document all the defects that were in the apartment before you.

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