Top 4 Dubai communities which offer the highest rental yield
Dubai Sports City
Topping the list, Dubai Sport City provides the highest return on investment averaging 9.2 per cent per annum on rental yields. The multi-locale sports complex is located in Sheikh Mohammed Bin Zayed Rd and offers a variety of residential and commercial housing with leisure, retail and recreational facilities.
Dubai Silicon Oasis
Dubai Silicon Oasis comes in second with a 3.6 per cent decrease in prices for the past six months but the rental yields come at 8.7 per cent year-to-date to investors.
Ideal location for the working class and those looking for affordable properties in Dubai, International City may have dropped 2.6 per cent but offers of 8.6 per cent rental yields to property owners.
Jumeirah Village Triangle
Although still under construction, Jumeirah Village Triangle is the fourth place in the rating, averaging 8.45 per cent on rental yields since dropping 2 per cent six months ago. Located between Sheikh Mohammed bin Zayed Road and Al Khail Road, JVT is also a great area for frequent travelers and beachgoers as it is 30 minutes from Dubai International Airport and 15 minutes to the beach.Discovery Gardens, Dubai Investment Park, Jumeirah Village Circle, Liwan, IMPZ, and Dubai Residence Complex are the remaining properties that offer rental yields between 7.9 per cent to 8.4 per cent. Additionally, between 1 per cent and 2.8 per cent of apartment prices have fallen in the last 6 months.Deepening on the location and type of community, Dubai offers better rental yields. In return, it’s an ideal country for buying investment property.