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Dubai’s percentage of tenants who prefer short-term rentals has risen these past few years. This has offered a new venue for investors to invest to achieve higher rental yields.
No matter what type of short-term property rental you run, competition is still tight. It takes more than just informing your targeted audience of a new listing. That includes an AirBnB or any Dubai property investment at that.
The latest trend in residential property in Dubai to sweep it today is co-living. This is particularly beneficial to professional stay-at-home workers and entrepreneurs. Co-living is a novel concept in Dubai.
It’s public knowledge that Dubai currently experiencing a decline in property prices. Under the circumstances, it is important to note what Warren Buffet, the Oracle of Omaha, said, “Be fearful when others are greedy and greedy when others are fearful.”
July is the best month for Dubai real estate since December 2017. Many property investors were buying and selling more real estate properties for Dubai property investment in July. Developers have gained a lot in the off-plan side as the Dubai Land Department registered 2,274 deals.