Why Investing in Dubai Rental Properties is a Win-Win for Investors?
With some major attractions such as Burj Khalifa, Dubai Marina, artificial island Palm Jumeirah, soaring skyscrapers, a mix of old and new architectural wonders, and stunning natural landscapes, this modern-day oasis has become one of the biggest tourist destinations. All this makes owning a rental property in Dubai a highly profitable venture. Residential properties in Dubai offer over 7 percent of the gross rental returns on average, which places UAE among the world’s most lucrative locations, in terms of real estate investment. Thus, if you are planning to invest in Dubai rental properties, then it is a win-win for you.
Reasons Why You Should Invest in Rental ApartmentsWell, there are 3 key reasons why your focus should be on rental property as an investor namely:
- Superior Rental Yields- The investors in Dubai can expect around 5-9 % of gross rental yield, with an average of 7% returns on investment. If you invest in the best short term rental apartments in Dubai, then you can expect some great returns on your investment.
- Consistent Population Growth- The population has grown to 569% in the last 30 years in Dubai. With the regular introduction of new initiatives and policies, Dubai has attracted and continues to attract visitors and residents from across the globe. All these factors increase the demand for rental properties, which makes your investment a great decision.
- Desirable Living Location- Places like Dubai Marina, Downtown Dubai, Business Bay, and various other locations in Dubai are worth living. Thus, buying rental property in these locations is a great option to enjoy high returns on investment.
Best rental apartments in Dubai to invest
If you are seeking some great options to invest in Dubai, especially rental apartments, then you can choose from the below options:
- Business Tower in Business Bay | Shell & Core
- The Pulse Residence
- Dubai Creek Residence Tower 2 North
- The Lagoons Harbour Views 1
- Al Safa One
- Bluewaters Residences
Dubai is one of the most sought-after cities to invest in when it comes to real estate. So, what do you think about making an investment in the Dubai realty sector? If you are interested in investing in Dubai properties, feel free to reach out to Sweet Home Dubai- A one-stop destination for all your Dubai real estate requirements. For more information, visit us at https://www.sweet-home-dubai.com/, and let our realty experts help you in adding a great investment to your portfolio.