Average apartment prices up in Dubai but down in Abu Dhabi

Average apartment rents in Dubai increased by 3% in January compared to the previous month but amounts varied across property types, the latest data shows. Average rents reached an annual rate of AED138,000 overall with the market seeing some adjustments, according to the latest report from property portal Bayut. The firm also reports an improvement in yields for apartment property investors, reaching an average of just over 6% but these do vary according to property type, location and quality w...