Dubai Rental Information As hotel rates in Dubai are second only to that of New York in terms of average daily rates it is clear that for a corporate
or holiday traveller to Dubai alternatives such as shortstay rental have now become a requirement.
The vacation rental market is set to receive a major boost with the handover of the much anticipated Palm Jumeirah Villas and
apartments and Jumeirah Beach Residence apartments. All these properties totalling 11,000 units in all will be on the market
between November 2006 and Jaunary 2007.
In case you are the owner of a property that you wish to rent to an interested prospective tenant, you have to decide which
would be the best way to make your rental property most appealing to potential renters. Real estate agents support that there
are several ways in which this can be done.
There is always the solution of furnishing your rental property.
Many landlords decide that this is the best possible way to
increase the rental agreement on their property and if they do have furniture in excess, it is actually a convenient way to
store them and make profit from their use by the tenant. In case this sounds like something you would be interested in doing,
you have to make sure that your rental property is in excellent condition and that the phone jack on the wall and other
appliances are in perfect shape.
With average room rates at $250 US per day presently 2 and 3 bed apartments in Dubai Marina can not only compete with this
rate but provide a larger accomodation for those with a family or group.
Presently homeowners are achieving rental returns between 18-25% for shortstay rentals. Those homeowner in the above
mentioned projects should be able to also achieve the same returns due to the strong demand for properties on the beach or
associated with a signature project such as the Palm Jumeirah.
There is also the option of partly furnishing your property.
This method will appeal to renters who are interested in finding
a house that is not packed with furniture that do not match and that they want to bring in some of their own. But it is
always a good idea to offer a nice quality couch, bed, mattress, drawers and kitchen appliances. Nice looking furniture will
make your property much more appealing to potential renters and will help you securing the rent you wish to receive every
month.
A farm holiday in Dubai is a great way to experience the country. Most houses are large enough to accommodate a few families.
Some homes are split into two apartments, allowing for privacy and a lower overall cost. Many people find this atmosphere
relaxing and you get to experience the country lifestyle during your visit.
Renting a Dubai villas is less expensive than renting in the city. They can be easier to find too. Keep in mind that these
rentals are often found in remote locations. You will need to rent a vehicle to get around. Since there is no public
transportation in the area, a car is necessary. This will use up some of the money saved on the lower rental fees.
