At the same time, the greatest interest in renting luxury stand-alone properties was observed in the Umm Suqeim district. During the first quarter of the year, the rental price of villas in this neighbourhood increased by 50%. However, the highest increase in prices for premium villas of 89%, was recorded in Dubai Hills Estate, Palm Jumeirah and Arabian Ranches 2.
For investors willing to earn the highest rental income, an important criteria will be the ROI that is generated by the property. The International City district, which offers affordable real estate for sale, has recorded the most impressive annual yield of 9.16%.
According to Haider Ali Khan, CEO of Bayut and dubizzle, Dubai has strengthened its position as a mainstream destination, attracting more people with diverse backgrounds from all over the world. The growing number of visitors of the portal demonstrates the ongoing demand for purchasing and renting properties in various districts, and the credibility of the Dubai real estate market.