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Renting out property in Dubai

Aram GrigorianSenior Property Expert
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Renting out property in Dubai

Long-term residential property rent in Dubai is an effective tool for generating passive income.

The average annual yield in Dubai is up to 8%, which is higher than in London (2.9%), Hong Kong (2.3%), and other developed markets. From June 2021 to June 2022, the average rent increased by 21.7%.

How does the rental process work, and what nuances does the owner need to be aware of – we are discussing with AX CAPITAL expert Aram Grigorian.

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