One-cheque rents a rarity in Dubai, say brokers

A survey of Dubai real estate brokers has confirmed the demise of one-cheque payments for apartment and villa tenants.

The poll commissioned by propertyfinder.ae said the previously strict one cheque requirement had diminished, with most landlords now offering two, four or even six cheque deals.

The survey, which analysed responses from a sample of the 3,000 brokers, revealed that more than half of them believed four cheques was now the benchmark for renters.

Only 6 percent of brokers said they still believed one cheque to be the norm for the industry in Dubai.

via One-cheque rents a rarity in Dubai, say brokers – Real Estate – ArabianBusiness.com.

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