Buy Rental Property in Dubai – Where You Can Get the Highest Yield – Top 10 Places
This is a good property if you buy rental property in Dubai, you will get the highest rental returns anywhere in the world. It is no hidden fact that rental returns in Dubai real estate are among the highest in the world.
Why should you buy rental property in Dubai?
Well, because rental properties in Dubai offer the highest yield as compared to the major real estate capitals around the world.
If you want to know about the benefits of buying property in Dubai, you can visit our website Sweet Home Real Estate Investments GmbH. However, jump right into the details of the top 10 rental hotspots in Dubai.
1. Dubai Sports City:
When it comes to rental properties in Dubai, Dubai Sports City (DSC) as a freehold community holds a special place among tenants and investors. The community is spread over an area of 4.6 million square feet.
Dubai Sports City is home to the Dubai International Cricket Stadium (25,000 seater), ELS Golf Club (world class golf course) and many other sporting activities, which will include more in the coming years.
2. Dubai Silicon Oasis:
Dubai Silicon Oasis is one of the few lease hold communities in Dubai. Mainly focused on IT and Tech startups and is close to Dubai Academic City. It is a mixed-use community consisting of residential apartments, villas, townhouses as well as commercial buildings/offices, retail units and industrial spaces.
DSO is located in the heart of the city, it has academic city and provides about 9% yield on an average.
3. Jumeirah Village Triangle:
Jumeirah Village Triangle is a strong contender when it comes to mixed and affordable living in Dubai. From an aerial perspective, the community resembles a triangle hence the name Jumeirah Village Triangle. JVT has direct connectivity to the E44 (Al Khail Road), E311 (Shri Mohamed Bin Zayed Road) and a road entering the community directly if you are coming from Emirates Living. The laid-back lifestyle offered by the JVT to the residents is definitely a plus point and on top of that it offers more than 8% yield to the community investors.
4. Dubai International City:
Dubai International City is one of the best performing housing community in Dubai with the lowest rated by far. In line with low-income households, the International City has cemented its position as a hot spot for property investors in Dubai. As far as access is concerned, you have Downtown Dubai 14 km away, Global Village 15 km, DXB International Airport 10 km, Dragon Mart 2 km and Mirdiff City Center just 5 km away.
5. Discovery Garden:
You can consider Discovery Garden as the big brother of International City. Both are located on opposite sides of the city from each other, offer affordable housing and offer the best rental returns to the investors. Discovery Garden has a direct link to E11 (Sheikh Zayed Road) and is very close to many attractions. If you are looking to buy a rental property in Discovery Garden, you can expect an average rental return of 9%.
6. Dubai Investment Park:
That has a lot to do with the location not being very central to the city. However, the demographics of Dubai are changing rapidly and it is now bringing DIPs into the limelight. Dubai Investment Park is a unique blend of industrial areas and residential clusters. One thing to note is that DIP Dubai is a leasehold community just like Silicon Oasis.
7. Jumeirah Village Circle:
When it comes to middle-income housing communities in Dubai, Jumeirah Village Circle (JVC) is the most talked about. It is a mixed-use community consisting of apartment buildings, villas, townhouses, commercial towers and retail outlets. JVC has direct access from the E44 and D61 (Hesa Street). It is across the street from some of the already talked about communities like Dubai Sports City and Jumeirah Village Triangle.
8. Dubai Production City:
Dubai Production City (DPC), formerly known as the International Media Production Zone (IMPZ), is another important middle-income housing community. Residents of neighboring communities such as Dubai Sports City, Jumeirah Golf Estates and Motor City usually visit Dubai Production City for grocery shopping at Carrefour Market in Meesem City Centre.
9. Liwan:
If you are a foreign investor and have just started thinking about buying a rental property in Dubai then you may not have heard of the community called LIWAN at all. LIWAN is a fairly new community located adjacent to the Dubai Silicon Oasis and is a master development of Mazaya Holding. The lead developer in LIWAN is Mazaya itself and a few projects by Binghatti (mainly focused towards Dubai Silicon Oasis). Like its neighboring community of Dubai Silicon Oasis, LIWAN also has good rental returns.
10. Remram:
RemRam has been around for a while. Initially, when the community was launched on the outskirts of HesaStreet, the only people interested in buying/renting were looking for cheaper alternatives. RemRam Expo 2020 is 11 km from the site, 15 km from Dubai Marina, 5 km from Motor City, 9 km from Global Village, 21 km from Downtown Dubai and 16 km from DWC Airport.
How did you like the above information? If you are looking to buy Top Short TermRental Properties in Dubai that offers the best return on investment then visit Sweet Home Real Estate Investments GmbH today.
