You are likely well aware of Dubai’s booming economy and its vibrant residential real estate market. However, the Dubai real estate market has some issues that could be viewed as opportunities.
According to recent findings by CBRE, the leading global commercial real estate company, Dubai is facing significant supply shortages from 2024 onwards. With only approximately 1.4 million square feet of office space expected to be introduced to the market over the next three years, this will be insufficient to meet the current levels of demand. This shortage, coupled with rising demand, is driving rental prices upwards, making the role of an office landlord particularly attractive for the coming decade. Today’s technology enables individuals to become landlords without the need for enormous down payments.
pool Two is designed for maximized rental income
Iris Bay Tower (Dubai, Business Bay) size: 13700 sq.m. cost US$4 900 000 (as of2023) value: US$5 390 000 (as of August 2024) Rented out: yes, until January 2026 Rental yeild in 2024: 9,9%+ | |
Mazaya Tower (Dubai, Jumeriah Lakes Towers) size: 1267sq.m. cost US$ 490 000 (as of2023) value: US$540 000 (as of August 2024) Rented out: yes, until January 2027 Rental yeild in 2024: 10,6%+ | |