Property yields in Dubai depend on many factors, so results can vary. The average yield in the city is 6-8% per annum in dollars.
Let's look at a specific example - a 57m² flat in the FH Residence project in JVT:
The cost of the flat plus 4% DLD (registration tax) will be $240k.
The annual operating costs (service charge) are $2.3k.
The projected annual income is $17.9k, which is equivalent to $1.5k or ₽134k per month.
The final yield is 7.4 per cent per annum in $.
These figures represent the net profit, as the utilities are paid by the tenant on a long-term lease, and all other expenses are already included in the calculation. Therefore, investing in property in Dubai is profitable, even if it is a budget option. It is only important to choose the right location.
