Real estate markets all around the world, when compared to UAE, fall short on rental yields. Thus, it is no surprise that Dubai manages to attract a lot of investment not just from domestic investors but foreign ones as well. If you think you’re missing out, you need to read on to see how properties in Dubai are only just increasing in numbers. You can take a look at the number of projects being undertaken by the biggest giants like Emaar, Damac, Nakheel and Deyaar, to name a few.
Global events and interests have piqued around Dubai as the city has managed to provide opportunities for the last decade. Even though there has been a decline being noted by experts over the last two years in ValuStrat values for residency homes, apartments and villas. However, this doesn’t stop the city from growing. Projects are underway to make available at least 48,500 units before October’s Expo 2020.
Although Monaco is still the most expensive city in the world to buy property in, Dubai still leads the global demand for property being the most lucrative investment hub. How? Let’s take a look at the various rental yields offered in apartment complexes in various places in Dubai:
It is indeed noteworthy to factor in these numbers to plan on investing in Dubai. Similarly, if you take a look at the apartment complexes that are offering the highest yields, you can certainly invest in property for rent in Dubai in the following places:
The question is not why you should buy property in Dubai. The question is, why wait? Because every moment that passes is another opportunity someone else will take.