Third of UAE residents paying less rent, survey finds


Nearly a third of UAE residents are paying less towards house rent than they were a year ago, while 37 per cent are paying the same.

That’s according to the comparison site Yallacompare’s consumer confidence tracker for the first quarter of 2019, which surveyed more than 1,000 people on the state of their finances and attitudes towards work.

The study also found that the percentage of tenants paying more has dropped to 33 per cent compared to 36 per cent in the previous quarter. 

Meanwhile, around 63 per cent of those surveyed said they are still in the same home they were in a year ago, with 70 per cent of them saying they are not planning to move in the next year.

“It’s not surprising that more and more people are paying lower rents than a year ago,” said Jonathan Rawling, CFO, yallacompare. “The proportion paying more, however, is still high and residents clearly need to do more to secure lower rents.
“We repeat our previous advice – that moving home, with all the associated costs, does not necessarily lead to a significant drop in rent. Tenants are more likely to secure lower rates by negotiating with their existing landlord. This must be done three months before the lease expires, before the contract automatically renews on existing terms.”

More from Business

Coming Up on Dubai Eye

  • Lunch with Lloyd

    11:00am - 2:00pm

    No one knows entertainment better than veteran Dubai broadcaster Mark Lloyd.

  • Afternoons with Helen Farmer

    2:00pm - 5:00pm

    Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.


On Dubai Eye

  • Meet Gift, female food delivery driver

    Gift came here from Nigeria and failed to find a job, until a pizza company offered her one. She's now one of the very few female delivery drivers in the UAE.


    Farmer's Kitchen is back for 2021!
    With our partners Spinneys, we are going to help you wave goodbye to boring dinners, cluttered fridges, and lumpy leftovers!