Top vacation destination plus a booming real estate is equal to?
Yes, an ideal city for renting out vacation homes.
Not to mention the ever-growing love for staycations.
Let’s further explore why you should choose Dubai to list your property as a STR:
1. Higher Return On Investment
As compared to long-term leases, short-term rentals give you 20-30% higher ROI in Dubai (National News, May 2023).
2. Seasonal Surge in Price
During peak tourist seasons (especially for festivals and events), the demand for vacation homes increases significantly in Dubai leading to higher rental rates.
3. Steady Stream of Tourists
Dubai’s growing tourism industry leads to low vacancy rates so your property will remain occupied for most part of the year.
4. UAE Government’s Favorable New Regulations
It has become easier and more secure for property owners to enter the holiday homes industry.
Well yes then there’s the maintenance and upkeep but why do it yourself?
Just hire a professional property management company and enjoy a hassle-free experience!
Let’s get connected….
Explore our comprehensive range of property management services by clicking here.
