Monday, January 19, 2009

Invest In Dubai and Short Term Rental

Renting out a personal property as a holiday home in Dubai has become as much of a trend as it is in other major tourist destinations of the world like France, Italy and Spain etc. Renting out your property on short-term basis gives you a chance to utilize it for your personal use at any time of the year.

A decent real estate in Dubai such as home, apartment, villa or resort can be your second home away from home where you can take respite from the routine life and relax. Owner of a Dubai property can get the best use of it by renting it out on short-term basis for handsome rental yields, and can also use it for personal stays and vacations.

You can do short term rentals due to the following factors:

Dubai is one city that’s rapidly stretching its limits but the space still appears to be shrinking given the multiplying population.
People from all over the world head for Dubai in search of better career prospects.

Moreover, the city flaunts a very appealing outlook which attracts throngs of tourists and holidaymakers globally. So it’s the expat population and tourists who need properties for short term rental most.
Dubai being the financial centre of the world is also home to some major businesses and hosts a multitude of seminars, conferences and corporate level meetings on a regular basis. These frequent corporate activities also create a heightened demand for short-term rental properties in Dubai.

In Dubai, there is a wide array of properties available for short-term rental and their costs vary according to location, type and size. High-end Dubai short-term rental properties include Dubai hotel apartments, furnished and serviced apartments, and obviously, seven and five star hotel rooms and suites.
Serviced apartments in Dubai are also very popular for short stays where the occupant can enjoy the luxury, comfort and services of a hotel at a lesser price.

For families on a short stay, self catering apartments are a popular choice providing the occupants the comfort of home.

A common option for all visitors to the city is Dubai Holiday apartments rental. Whether you are on a short or long trip, or even if you are a permanent resident of Dubai, apartment rental is one of the most popular options among all classes.
For tourists and holidaymakers, Dubai holiday homes are an ideal choice besides holiday apartments and holiday villas in Dubai.

Investment in Dubai short term rental real estate can bring you very high returns in the shape of rental yields besides continuous appreciation of your property’s face value. The time is ripe to invest in Dubai (as property prices have dropped 40% already and expected to drop by 60% by end of 2009) in short term rental and start enjoying the handsome profits immediately.

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