Investing in short-term property with Key View Dubai can offer numerous advantages for investors looking for a high return on investment. Here are some reasons why you should consider investing in short-term property in Dubai:
1. High Demand
Dubai has become a popular destination for leisure and business travellers, with millions of visitors every year. This high demand for short-term rental properties has resulted in an increase in rental prices and profitability for investors.
2. Amazing Rental Yields
Dubai's short-term rental market offers some of the highest rental yields in the world, with returns often exceeding 20% more than long-term. This is because the demand for short-term rentals is high and the supply is limited. Thousands of people browse for business and leisure accommodation in Dubai every day making it one of the most visited cities in 2023.
3. Tax Benefits
Dubai offers tax-free real estate investment, allowing investors to keep more of their profits. In addition, there are no capital gains taxes in Dubai, making it an attractive destination for real estate investment.
4. No onerous rental contracts and no sticky tenants
Short-term leases have fewer legal requirements compared to long-term rental agreements, making them less complicated to manage. One can find that it can be very difficult to remove a tenant on long term rental agreements, should the landlord want to do so, where this is not the case on short term. Avoiding difficult tenants and the complications that come with long-term rental contracts, short-term property investment can provide a simpler and stress-free experience.
5. Flexible use of the property
Short-term rental properties offer owners more flexibility in how they use their property. Unlike long-term rentals with fixed rental agreements, owners of short-term rental properties can reserve their property for personal use when they need it. This provides owners with greater control over the occupancy of their property and the ability to use it for personal purposes such as vacations or business trips. This versatility and customization make short-term property investment an attractive option, tailored to the specific needs of the owner.
6. Regular maintenance and more eyes on the property
As a short-term property investor, you can rest assured that your property will receive frequent cleaning and upkeep, as it will be consistently occupied by a rotating roster of tenants. This means that any issues with the property are more likely to be identified and addressed before they become larger and more expensive problems. Key View has a highly trained in-house cleaning and maintenance team that will keep your property like new.
7. Stable Economy
Dubai has a stable and thriving economy, which has been growing consistently for many years. This stability and growth make Dubai a safe and secure destination for investment.
8. Ease of Investment
Dubai offers a straightforward and streamlined process for investing in short-term property, making it easier for investors to get started.
9. Modern Infrastructure
Dubai has a modern infrastructure, with well-maintained roads, reliable public transportation, and state-of-the-art telecommunications and utilities. This infrastructure makes it easier for investors to manage their short-term rental properties.
10. Potential for Capital Appreciation
Dubai's real estate market has shown strong growth in recent years, and this trend is expected to continue in the future. This means that in addition to high rental yields, investors may also benefit from capital appreciation.
In conclusion, we truly believe that investing in short-term property in Dubai offers numerous benefits for investors. With its modern infrastructure and strong tourism industry, Dubai is an attractive destination for short-term rental investment where Key View Dubai has established itself as one of the leading Airbnb property management companies.