Recent content by oren.bloom

I would prefer to keep a tenant who pays on time and takes care of the apartment, but the apparent market gap is making the renewal decision less straightforward. The current rent is about AED 11,540, while comparable Dubai advertisements seem to be around AED 12,640. Those are asking figures...

How large is your sample, and are the 32 days measured from the original listing date or the latest relisting? That distinction could change the result considerably. I’d also separate townhouses by neighbourhood and condition before treating 3.3% as a market-wide negotiation gap.

A useful next step is to calculate three break-even rents for each property: all-cash, your intended financing, and financing at a higher rate. Then compare those figures with supportable rent for that exact completed building, not a broad Dubai average. Keep any applicable property-related...