DUBAI, UAE | Holiday homes in hot demand
Private developers in Dubai and small investors are increasingly resorting to holiday homes, which offer substantially higher returns as compared to long-term rentals, say industry executives. They said that the average rental return in Dubai is around 7-8 per cent, while holiday homes offer up to 25 per cent more returns to investors, as they are the hottest growing segment in the emirate. In addition, developers and investors can use their properties for short-term rentals, while also making it available for sale. Read more on: https://www.khaleejtimes.com/business/real-estate/holiday-homes-in-hot-demand/