Improving the rental yield of real estate investments is a sure way of earning high returns on the investment made. One way to make sure of it is by eliminating any hidden costs that might bring down the rental yield of the property. But more importantly and taking priority amongst other factors is investing in the right location.
Here is a list of Dubai locations with attractive rental yields -
Downtown Dubai
Aside from being one of Dubai's busiest tourist spots, Downtown Dubai is the perfect place to live for those who appreciate the finer things in life. It's home to some of the world's largest and biggest; including Burj Khalifa, The Dubai Fountain, and The Dubai Mall, plus the area offers an array of entertainment and shopping options that are perfect for tourists and residents.
It is a prime location in the heart of the city that offers residential, commercial, and mixed-use towers-- spanning 45 million square feet with open green spaces and lakes.
Rental yield - 5.92%
Jumeirah Beach Residence (JBR)
As one of the city’s most established waterfront communities in Dubai, JBR offers a luxurious waterfront lifestyle with high-end apartments developed in the Mediterranean and Arabic architectural styles. This ultra-sophisticated community embodies the spirit of aesthetic beauty and contemporary design at its finest. With its bustling arenas adorned with world-class restaurants, retail, and entertainment venues, it is the city’s one of the most iconic destinations.
Properties in Jumeirah Beach Residence are spread across six clusters including Shams, Bahar, Amwaj, Sadaf, Rimal, and Murjan.
Rental yield: 6.61%
Dubai Marina
Dubai Marina is touted to be one of the world's largest, most meticulously planned waterfront developments. One of the most sought-after communities in Dubai, Dubai Marina has become a preferred residential destination for both expats and locals.
Stretched across 50 Million sq.ft. and canal spans over 3.5 km with access to the sea, the area hosts some of the city’s most luxurious apartments and premium villas alongside shopping centres, retail hubs, superb dining venues, and a yacht club.
Rental yield: 7.23%
Jumeirah Lake Towers (JLT)
JLT is home to five hotels, two universities, 68 commercial and residential along with mixed-use towers, parks and running tracks, over 600 retail outlets with more than 300 restaurants and cafés. The area mostly consists of high-rise towers offering a wide range of properties for sale and rent. Apartments are the common type of accommodation in the area, properties in Jumeirah Lakes Towers are mostly freehold which means buyers are guaranteed with full ownership of the property.
Situated in the heart of Dubai, JLT is an ideal destination to live, work, and play.
Rental yield: 7.26%
Emirates Living
The Emirates Living is one of the most sought-after residential destinations in Dubai featuring desirable neighbourhoods including The Springs, The Meadows, The Lakes, Hattan, and Emirates Hills. The area aims to provide comfortable and family-friendly residences set across in a lush green landscapes with pathways around lakes and offers a tranquil community. The Emirates Living master development is home to more than 8,600 villas covering a total area of 52.2 Million sq.ft.
The intricately designed luxury community is lined with 70 lakes spread over 14.2 million square feet and 96 floating fountains.
Rental yield: 6.81%
Business Bay
Business Bay lies in the shadows of Dubai Mall and Burj Khalifa, just south of the Downtown, with an infrastructure well equipped to promote businesses, trade, and luxury living. It is a thriving business centre of the city with plenty of residential and commercial state-of-the-art buildings with high-end amenities.
The options range from splendid apartments and villas with 1,2,3 and 4 bedrooms along with aesthetically pleasing spacious studios.
Rental yield: 6.28%
Arabian Ranches
Arabian Ranches is one of the most sought-after premium villa community in Dubai. A tranquil gated development is adorned with scenic landscapes, lofty greens and a lush state-of-the-art golf course.
Split into Arabian Ranches 1, 2 and 3, the breathtaking desert-themed development features luxury homes in well-established sub-communities like Al Mahra, Al Reem, Joy, Sun, Aseel, Camelia, Reem Community, Samara and more.
Rental yield: 6.02%
Dubai South
Dubai South is an emerging 145 sq. km master-planned urban development. The area promotes to be a smart and sustainable city by providing adequate facilities, world-class infrastructures, and resident-friendly communities. It is a preferred destination for people to live, work, and invest as it is projected to sustain a population of a million. As an economic platform, it is designed to support every conceivable kind of business and industry and create 500,000 jobs.
Dubai South is hailed as a high return of investment real estate opportunity with various options across apartments, villas, townhouses along with commercial units.
Rental yield: 5.87%