Real estate firms turn to special offers to lure tenants

Real estate firms in Dubai are unveiling incentives such as rent-free periods and reduced rates in a bid to lure tenants in an oversupplied marketplace, a property analyst said Sunday.

Offers such as flexible payments are a sign developers will take a hit on revenue in return for increased occupancy, said James Gauduchon, head of marketing for UAE-based Better Homes.

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