Unveiling Dubai’s top 3 locations for profitable rental investments
- Date: 14-Jun-2023
- Source: Zawya
- Sector:Real Estate
- Country:UAE
Unveiling Dubai’s top 3 locations for profitable rental investments
Dubai, UAE – Realiste, the pioneering proptech company in the UAE, uses its intelligent platform "Index" to predict three hyped projects in Dubai that might not provide substantial profitability to investors.
Realiste has presented a list of the best Dubai locations for property investment with a focus on renting. a list of the most profitable areas for short-term rental and long-term rental (occupancy, legal part, profit), and also talked about the most profitable investment strategies in these areas.
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Blue Waters: it now gives 6.5 according to Realiste. Last year, the price of apartments here was two times lower. Here it is better to stick to the long-term strategy, as your apartments will pay off 100%. In the area there are shops, supermarkets, the beach, and all the necessary infrastructure around.
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Jumeirah Beach Resorts: here it is necessary to adhere to a short-term strategy, the platform estimates this area at about 4.5. JBR is a fairly quiet area and the people who live here enjoy a higher standard of living. Despite the fact that this is a good location with new buildings, the price increase will not exceed 5%.
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Jumeirah Lakes Towers: this area is great for both long-term and short-term strategies. Since this area