What is the rental yield I can expect?
Currently in Dubai there is a healthy rental market especially to foreigners and rental yields are between 8-10%. Obviously, in time, with all the apartments which will be available to rent, and as capital values rise, yields may drop to somewhere nearer 6-8%. It is worth bearing in mind that currently there is a shortage of property to either rent or to buy to live in and many developments will not be available to live in until the end of 2006. The current building program is only expected to meet current demand. However, 20 companies a day open up in Dubai and it is anticipated that the population will double by 2010, which will keep demand high for many years to come.
