Where to invest in Dubai to see high return on short-term rentals

Where to invest in Dubai to see high return on short-term rentals

With around 40,000 units coming onto the market in 2021, Dubai is set to continue its surge in property offerings. The property market has also become more affordable allowing potential investors to choose from a wide range of attractive offers which include never seen before interest free payment plans and DLD waiver fees.

Investors can now purchase completed properties over an eight- or 10-year payment plan direct from the developer with deposits at the lowest we have seen, making it an ideal opportunity for not only those who wish to increase their property portfolio but for first time investors who have previously been unable to jump on the property ladder.

Investors are being drawn to the hassle-free approach of short-term rentals, which enables them to sit back and watch as their property generates profitable yields. The market held strong throughout 2020, as guests desired more space in lockdown and it took off in 2021 as restrictions eased overall.

In terms of areas that do best for short-term rental – we have been seeing a shift in preference. There is still high demand for prime areas such as Dubai Marina, Palm Jumeirah and Downtown, however we are now also seeing increased demand for bookings