The real estate agents of Dubai have mentioned that more than 70% of the people who own apartments in the renowned Burj Khalifa are unwilling to sell their property, but they are looking forward for a good increase in the lease rates to reap the maximum benefit.
According to the Portfolio Manager at Networth Real Estate, Rano Rahim, increase in rates is one among the major expectations of the Burj Khalifa owners. According to her, "Further, almost 70 per cent of the people are not ready to sell the property as it has a brand value attached for them. They don't mind putting it up for rent in order to earn returns on their property. Right now, people are only enquiring and asking for our advice on rents and sales values. Since their investment is so huge we are trying to get them the maximum returnsâ€.
Rental Appartment
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