DUBAI PROPERTY MARKET TILTS TOWARDS TENANTS: If more Dubai’s tenants decide to renew rather than look at new rental options, landlords of new apartments and villas will be in a spot of bother. Because real estate agencies are talking about a slowdown in leasing as potential tenants baulk at 20-30 per cent rent hikes. Market analysts say rents (and property prices) are still a long way off from 2014 peaks, but that won’t comfort prospective tenants since they are not just grappling with rental inflation. When residents are juggling with rising commodity prices, , some leeway on rents would help. And in a market where demand keeps rising, landlords would not want their properties remaining empty. This is not a re-run of 2014. (By Manoj Nair, Business Editor)