What are the rental yields like in different areas of Dubai, UAE?
Rental yields in Dubai can vary significantly depending on several factors, including:
- Property type: Villas typically have lower yields than apartments.
- Location: Prime areas often offer higher yields, though demand can be more competitive.
- Size and amenities: Larger properties with more amenities may attract higher rents but also have higher costs.
- Market conditions: Overall, market trends can impact rental yields across the board.
Here's a general overview of average rental yields in some popular Dubai areas:
| Area: | Average Rental Yield: |
|---|---|
| Downtown Dubai | 4.5% - 6.5% |
| Dubai Marina | 5.5% - 7.5% |
| Palm Jumeirah | 4.5% - 6.0% |
| Business Bay | 5.0% - 7.0% |
| Jumeirah Lake Towers (JLT) | 6.0% - 8.0% |
| Deira | 5.0% - 7.0% |
| Bur Dubai | 4.5% - 6.5% |
| International City | 6.0% - 8.0% |
It's important to note that these are just averages, and individual properties may deviate significantly.
Disclaimer: This information is for general purposes only and should not be considered financial advice. Always consult with a qualified real estate agent or property manager for accurate and up-to-date information about rental yields in specific areas of Dubai.
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