Dubai’s strong yields In a slow market, high-yield units are still the fast sellers
Despite the drop in rents across the market, buy-to-let investors in Dubai can achieve higher rental yields compared with other mature property markets such as London, Singapore, Hong Kong and India.
“The average rental yield for properties in Dubai is approximately 7-8 per cent, while the real estate market in India gives a return of 1-3 per cent and Europe provides 2-5 per cent,” says Imrann Nawab, sales manager at SPF Realty.
“Properties in prime locations offer rental returns of about 5-7 per cent. There are areas that even provide 10-12 per cent. For instance, in areas like International City where property prices are low, investors buying studios and one-bedroom apartments can easily achieve a healthy return of 10 per cent on their investment.”