What kind of property should I buy in Dubai for rental income?

Mike_Kennedy

Friends, I've got a decent chunk of money just sitting in my bank accounts and I don't want inflation quietly eating away at it. So I've been thinking about putting it into property in Dubai and renting it out. The place is both a major business hub and a huge tourist draw right now, so there's a ton of demand flowing in from all sides. Plus once I'm older I could just move there myself. Right now I can't decide between an apartment, a house, or a villa, or if there's something else worth looking at. What would you recommend?

Lonely_Wolf

That's actually not an easy question to answer. With rentals you've got to figure out who you're trying to attract first. Tourists tend to go for houses and villas, while business folks lean toward apartments near the business districts. Once you've got that figured out, the type of property kind of picks itself.

Paul_Van_Castelen

Now that I think about it, business folks mostly stick to hotels near the business districts instead of renting apartments. Apartments are more for people coming in on longer work trips. Tourists on the other hand tend to go for that relaxed, laid-back stay at villas with a pool, somewhere close enough to the coast too. So I'd actually lean toward villas for sale in Dubai, you can check some out here: https://atvir.com/uae/residential-complexes/villas . But that's obviously up to you.