Dubai’s thriving property market is known not only for its luxurious residences and cutting-edge amenities, but also for its impressive ROI potential. Investors from all over the world have taken advantage of the emirate’s high returns and low prices. If you’re looking for a profitable investment opportunity, a studio apartment in one of Dubai’s highest rental yielding areas might be the answer. Let’s take a closer look at the areas with the highest studio rental yields in Dubai, as determined by our data analysts.
The Best Studio Areas Yields Unit Rental in Dubai
The majority of Dubai’s high rental yield locations are in the emirate’s outskirts. These suburbs are not only affordable for homebuyers, but also for tenants, thanks to factors such as newer developments, excellent facilities, and a peaceful, family-oriented setting. If you make a wise investment in these areas, you may benefit from higher rental yields, which will help you financially in the long run.
According to our findings, Al Quoz is the best area for high studio rental yields in Dubai 2022, with an average ROI of 8.31%. This vast mixed-use area, located between Al Barsha and Business Bay, has easy access to Al Khail Road and Sheikh Zayed Road, which is convenient for residents who need to commute to other parts of the emirate on a regular basis. Furthermore, Alserkal Avenue, a well-known design hub, is located in the neighborhoods. Shopaholics will also appreciate its proximity to Al Barsha’s Mall of the Emirates, as well as Times Square Centre, Oasis Mall, and smaller community malls.
The studio apartments for sale in Al Quoz, with an average price of AED 376k, are ideal for investors looking for low-budget units with high rental returns. Al Khail Heights is a well-known community for buying studios in Al Quoz; those interested should first look at Al Khail Heights floor plans.
Aside from providing owners with a 7.91% rental return, International City is also one of the cheapest communities in Dubai to buy property in. The community is popular with investors looking for competitively priced units and healthy returns because it is located right next to the popular shopping mall Dragon Mart.
The average price of a studio apartment in International City is AED 217k. The neighborhood has a variety of amenities such as restaurants, clinics, grocery stores, and pharmacies; it is also well-connected by public transportation, making it ideal for tenants looking for low-cost housing. Potential buyers can make a more informed investment by reviewing the floor plans at International City.
Silicon Oasis in Dubai
Dubai Silicon Oasis is ranked third among high studio rental yield areas in Dubai. A free trade zone is located in this mixed-use development to help the various businesses and industries in its technology park. It also has good housing options. The neighborhood is serene and well-kept, with vast swaths of pristine green space.
With an average price of AED 315k, the ROI of studio apartments for sale in Dubai Silicon Oasis is 7.50%. A look at Dubai Silicon Oasis floor plans will give you a better idea of the layouts that are available.
City Of Motors
Motor City is one of the areas in Dubai with the highest studio rental yields for a variety of reasons, including a large property portfolio, a strategic location off E311 and beautiful cobblestone streets. As evidenced by popular venues such as the Dubai Autodrome, a professional motorsports circuit, the self-contained community is a haven for racing enthusiasts. Another plus is the presence of pet-friendly apartment complexes.
The average price of a studio in Motor City is AED 429k, with a 7.24% ROI. Those interested in the community can look through available floor plans for popular buildings in Motor City.
Village Of Culture
This area is also known as Dubai Culture Village and is a popular choice for studios for sale in Dubai due to its high rental yields. As the name suggests, the area focuses on the culture of the emirate, as evidenced by the literary societies, art centers, and museums nearby. The waterfront development is near Al Jaddaf and has several apartment units for rent and sale.
With the ROI standing at 6.79% and sales price averaging AED 647k, the time is ripe to buy studios in Culture Village. Examine the floor plans in Culture Village to get a better idea of the available layouts in the area.