Dubai rental market predicted to be steady in 2012

[Nicholas Wallwork]

Apartment and villa rents in Dubai are expected to remain steady in 2012 but some experts believe they could dip as new supply comes onto the market. The emirate’s rental real estate market held steady for a fourth consecutive quarter according to the latest report from property consultancy Asteco. It said it the market is [...]

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[James Greg]

As far as I know these are the statements of government and their effort to keep the market stable, but as experts say which is quite true, with a new wave of fresh houses available it won't be a guarantee how long would the govt be able to force people to pay more.