Apartment rents in Dubai have fallen in many areas of the city in the past six months, according to the latest guidelines published by the Real Estate Regulatory Agency , Arabian Business can reveal.

Minimum rental values have dropped by as much as nearly 30% in RERA's updated index for tenants and landlords which was last published in April.

However the rate of decline in values has slowed compared to the fall between the December 2008 and April 2009 RERA indices, when rents dropped by up to 50 percent in some areas.