Dubai real estate has offered one of the best rental yields in the world, especially in new communities giving better returns than many major cities around the world.
Property Finder’s latest data disclosed that communities such as Meydan and Damac Hills offer gross rental yields of 9.3 per cent and 8.9 per cent, respectively. Dubai Silicon Oasis apartments, meanwhile, provided the highest gross rental returns in the emirate at 9.5 per cent in the first half of 2019 compared to 9.2 per cent a year ago.
The study further disclosed that average rental returns in Dubai are better than big cities despite a decline in prices and sales in the past couple of year
