Rents drop in Dubai's popular areas.

Rents dropped up to nearly eight percent in several key areas of Dubai in April due to increased supply of residential units and are likely to fall further, property services firm Landmark Advisory on Tuesday.

"Lease rates in most areas, in both the residential and commercial markets, will fall in the coming months, especially for lower quality buildings in the least developed and integrated communities," said Jesse Downs, director of research.

Rents for one-bed room apartments on the Palm Jumeirah dropped 4.2 percent, while the decline was 2.9 percent in Dubai Marina, 4.7 percent in the Downturn Dubai, 5 percent in International City, 6.6 percent in Jumeriah Lake Towers and 7.7 percent in Motor City.