As the supply of additional office and apartment buildings continues unabated in Dubai, the highly competitive property leasing rates are now being dictated by a new market dynamic. Location, or specifically close proximity to a Dubai Metro station is now becoming a priority for many tenants, who are prepared to pay up to 20% extra for the privilege, says Asteco, the largest property services company in the United Arab Emirates. “The Dubai Metro has added a whole new market dynamic and as the network is rolled out across the Emirate, the rental disparity will become even more pronounced than it is already,” said Asteco CEO Elaine Jones. Full article and source: http://www.albawaba.com/business/pr/metro-%E2%80%98hot-spots%E2%80%99-demand-390216