The Allsopp & Allsopp Dubai Property Market Report for Q3 2024 is now availableRead the report
Thursday 02 September 2021Thursday 02 September 2021
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Ep 22: Dubai opens its doors - short-term lettings market reaps the benefits
As we close off the first half of 2024, Dubai’s property market has shown impressive growth across all residential sectors with no signs of slowing down.
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On this episode of taking care of business, COO, Carl Allsopp is joined by Head of Short-Term Lettings, Dillon and Operations Director, Paul Kelly. They discuss the rise in short-term lettings enquiries since the UAE was placed on the UK's Amber list, the reasons why short-term lettings are becoming popular for new expats and the benefits to landlords of leasing their property on a short-term basis.
Did you know a landlord can increase their annual yield by 20-30% by switching from annual leases to short-term leases?