Opportunity to avail high rental yields in Dubai through holiday home
Blog Description
Holiday Homes to Yield Rental Return to Property Investors
Dubai is a coveted destination for tourists and business people alike and millions flock into the city every year. Holiday homes and vacation rentals are the new favorites in Dubai, enabling one to yield higher rentals within a shorter period of time.
Tourist and Business People Choose To Stay in Holiday Homes
Most of the Dubai visitors stay and enjoy at least two weeks to go around and experience Dubai Life.
Holiday homes are furnished property units that are leased out, on a regular and ongoing basis. It offers a home feels stay where you can do your laundry and other household stuff like cooking.
Some visitors stay a little longer than usual, saving more funds and allowing them to relax and enjoy the home ambiance. That makes them choose Holiday homes over hotels.
Holiday homes also give you an ease of life where you can acquire someone or services to keep your place clean comfortable during your stay.
Visitors can also enjoy all the amenities and facilities available during their stay.
For that reason, the huge percentage of property owners who enrolled their properties into Holiday homes is satisfied and enjoying the great return of investment with no hustle.
Holiday Homes Generate Good Rental Returns
Dubai is considered one of the most sought-out tourist destinations in the world and the hospitality industry of the city is strong and evergreen.
The multi culture and diversified city never failed Visitors & to enjoy Dubai because of these remarkable places, beaches, nightlife hubs, Food & restaurants and other outdoor activities and enjoy the 365 days of sunshine.
Unlike other properties, short-stay vacation rentals enable owners to be flexible with their rental rates, especially during holiday seasons.
With the advent of events like EXPO 2020 and Global Village, there has been a surge in the number of people flocking into the city, consequently increasing the demand for holiday homes and vacation rentals.
Why Dubai is one of the Top Tourist Destinations after Covid 19?
Dubai is applauded for its remarkable defense COVID-19 and has been named the most resilient city in the world. These incentives have increased the number of visitors in the city for work, leisure, and entertainment.
As Dubai recover and reopen in quick time to the world from Covid 19, Tourist and visitors emerge to visit and enjoy one of the safest places to stay on the globe.
Events like EXPO 2020 have increased the inflow of visitors to the city with most of them adapting for short-term stays through the course of the event.
For visitors and especially families who travel together, security and health safety is the top priority before pleasure, and that’s the guaranty that Dubai is giving to its residents and visitors as well.
Top community where rental Yields went up
According to the reports by Arabian Business, at present, a 90 percent average occupancy is being reported in popular areas like Palm Jumeirah, Dubai Downtown, and Dubai Marina.
Moreover, the latest data by Property Finder shows that the Dubai Investment Park has seen a 2.82% increase in rental apartments while Jumeirah Breach Residence showed a 3% increase.
Short-term rentals are clearly the new favorites in Dubai as their returns are almost 40% higher than long-term rentals in Dubai.
Owning a property in Dubai requires viable knowledge about the trends and tendencies of the city. For the past 17 years, Flying Colour and Signature Habitat have been assisting clients in investing in properties and finding the right home for them. Please feel free to mail your queries at admin@signaturehabitat.com or contact us at +971 4 542366.