The apartment units of Dubai Silicon Oasis (DSO) offer the highest rental yields for Dubai at 9.5 percent, and DSO is the most lucrative community. This is followed by Meydan and Damac Hills with 9.3 percent and 8.9 percent gross rental yields respectively.
Dubai offers multiple choices for accommodation. Real estate agents need to determine the factors that motivate buyers to purchase particular properties. Here are some of Dubai resident’s responses:
Prices of homes in Dubai continue to decline as more corrections are implemented in the sector. Housing declines by 10 percent annually across different residential communities. It is said that the annual house prices in Dubai decreased by 10.6 percent. This is according to the Dubai House Price Index for February 2019.
If you are planning to buy a house in Dubai, it is usual for you to have confusing emotions and thoughts about the new place. If you see the following red flags on the day of your house inspection, then you might reconsider the offer.