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More UAE tenants paying less rent

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With the persistent decline in rentals, the number of UAE residents paying reduced rents compared to last year have increased. However, they have been advised to negotiate prices with landlords at least three months before the renewal of the contract for better bargaining, revealed a new survey. According to the yallacompare Consumer Confidence Tracker for first quarter of 2019, 30 per cent of residents were paying less rent in the first quarter of 2019 compared to 26 per cent in the fourth quarter of 2018.

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