Top 8 communities with the highest rental yield in Dubai [2019]
Despite the drop in property prices and rentals over the last few years, Dubai still offers rental yields more than double of what is offered by the world's major established cities such as London, Paris and New York, according to industry analysts.
It is expected that Dubai’s residential demand will remain strong and even be further boosted by the city’s booming tourism sector and by Expo 2020 which is expected to attract 25 million unique visitors from 180 nations and up to 33 million visits over the 6 months period the event will be held on.
If you are considering to invest in Dubai’s real estate market, here is a short list of prime locations to consider which will earn you maximum return on investment.
- Emaar South
Ideally positioned at the crossroads of Dubai and Abu Dhabi, Emaar South is just minutes away from the Expo 2020 site and Al Maktoum International Airport. Accessible via the Dubai World Centre peripheral road, Emaar South is truly where the future of Dubai takes flight. Within easy reach of Dubai's city centre via Sheikh Mohammed bin Rashid Al Maktoum highway, all your favourite landmarks are just a short drive away.
This much anticipated community is also home to Emaar’s latest project "Expo Golf Villas" which prices start from just AED 999,888, Emaar South is a community that is expected to get massive returns on investment once Expo 2020 starts and Al Maktoum International Airports starts getting busy.
- International City
Investors looking at buying a property in Dubai and renting it out for a high return on investment (ROI), should look at International City. This community suits well the working class and those looking for affordable properties in Dubai, International City offers an amazing 8.6 per cent rental yield to property owners and are very affordable.
International City is a commercial, residential, retail and tourism development featuring clusters with exceptionally incomparable architectural designs from different cultural style. Each cluster is named after its countries inspirational design namely: England, Emirates, Russia, Italy, Spain, France, Persia, Greece, Morocco and China.
- Arabian Ranches
Arabian Ranches is one of Emaar’s most sought-after residential communities, built with a vision that advocates tranquillity and family life. Featuring a desert theme, the development is set on 1,650 acres and offers a mixture of 4-6 bedroom detached villas and 2-3 bedroom townhouses giving a wide range of choices to the discerning customer.
The community gained popularity recently due to its perfect location and amazing amenities that include an 18-hole championship golf course. The community is currently offering 5.8% return on investment which makes it suitable for those who want to invest on a villa rather than an apartment.
- Downtown Dubai
Hailed as Emaar’s flagship mega-development, Downtown Dubai occupies two of the most prestigious square kilometres in Dubai and is home to the world’s tallest building Burj Khalifa.
Downtown Dubai is known to be home to many awe-inspiring and breathtaking sights, whether it is the world renowned Burj Khalifa, the beautiful lakes surrounding its perimeters, the timeless dancing fountain lining the famous Burj Khalifa Boulevard or the boutique shops and entertainment hubs, not to mention the lavishly luxurious 5 star hotels in Downtown Dubai including The Palace Hotel, The Ramada Downtown Hotel, Dubai Mall Hotel, Qamardeen Hotel and Al Manzil Hotel.
Strategically located in the heart of the city, Downtown Dubai will continue to always be in high demand. The community currently offers on average 5.4 per cent ROI, which could get much higher when it comes to premium apartments facing the Burj Khalifa and Dubai fountain.
- The Springs
Springs is a well-established gated community by Emaar that has redefined modern living in Dubai. An established gated community of town houses set amidst scenic waterways and lush landscaping, The Springs is an ideal residential choice for families.
Conveniently located near Dubai Marina, Internet City, Dubai Media city and Knowledge Village, The Springs is the cherished home for families and professionals and is currently earning investors 6.3% return on investment, making this community one the best villa investment options in Dubai.
- Sports City
Dubai Sports City is a development by Dubai Properties spanning 50,000,000 square feet and features mid-rise apartment buildings, townhouses and villas.
While the community is most suited for those with a car, there are plenty of amenities that are within walking distance and if that’s not enough, Mall of the Emirates is just 15 minutes away.
The multi-locale sports complex is located in Sheikh Mohammed Bin Zayed road and currently offers an amazing 7.9% ROI to owners, making it one of the best locations to invest in Dubai.
- Madinat Jumeirah Living
Madinat Jumeirah Living is an exclusive freehold residential community by Dubai Holding located in the world famous Jumeirah, overlooking the Burj Al Arab, one of the most luxurious hotels in the world.
Nestled amongst a vibrant landscape with direct panoramic full sea views, consisting of 60 buildings the development will be an unparalleled resort destination and is expected to become one of Dubai’s hottest attractions.
All the building will have a unique taste of old souq looks but yet with a modern design to complement the richness of the surrounding landscapes. With spacious layout, modern interiors with elegant features, Madinat Jumeirah living apartments will surely get along well with the beautiful Burj Al Arab views and is expected to provide investors impressive rental yields once ready.
- Port de La Mer
Inspired by the allure of the Mediterranean, Port De La Mer offers panoramic views of the open sea and Dubai skyline, it is truly a one-of-a-kind island retreat within the city.
The private residential community comprises of a spectacular facilities and amenities, located at the tip of the north peninsula at Jumeirah, a unique affordable community by Meraas that is expected to yield great returns on investment.
La Rive at Port de La Mer is the latest development in the community, this island getaway is perfect for those who enjoy the finer things in life and offers spectacular selection of 1-5 bedroom apartments with stunning marina views.
Hope this short article was helpful, if interested to learn more about investing in Dubai, feel free to get in touch with one of our expert agents by clicking on the “Book a meeting” button below or use the chat box to write us your enquiry.