Short-term rentals in the UAE are 20% more profitable than long-term rentals

This is reported by experts who compared the profitability of short-term and long-term rentals for a period of 2 to 5 years. Due to the ever-growing influx of tourists, the cost of renting in the UAE is constantly increasing. At the same time, a more flexible system of short-term lease agreements allows the landlord to quickly read the market conditions and receive higher profits. In addition, with annual leases, landlords can raise rates in a strictly defined range, when there are no such restrictions as with short-term leases. The maximum increase in the amount of rent is usually recorded in prestigious areas of Dubai, such as Palm Jumeirah and Dubai Marina