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NKF Real Estate secures up to 20% recurring rental income through holiday homes for investors in DubaiNKF Real Estate secures up to 20% recurring rental income through holiday homes for investors in Dubai

NKF Real Estate secures up to 20% recurring rental income through holiday homes for investors in Dubai along with photographs of Nahida Khan, Founder and CEO of NKF Real Estate, for your kind perusal Holiday homes in the UAE usually fetch 2-3 times more rental income compared to income from long-term lease, which varies from 5-7 percent in Dubai – a reality that is encouraging estate agents such as NKF Real Estate to place investors’ properties on vacation rentals for maximum recurring income.Currently, home-owners can benefit from up to 20 percent rental return on their assets per year – one of the highest Return on Investment (RoI) – in the world, if they place their properties on popular holiday home rental platforms. Although most property management agencies put investors’ homes on long-term leases that fetches between 5-7 percent returns, the newly-established NKF Real Estate has been fast to put its client’s homes on vacation rental market that is generating up to 20 percent of the investment in annual rental income for home-owners, depending on location, size and amenities.The number of holiday homes in Dubai has reached 21,000 in 2023, around 2.82 percent of the 743,000 residential units in Dubai in 2022. Holiday homes hosted 137,144 guests in Dubai in the first quarter of 2023. Properties in Dubai usually fetch between 5-7 percent annual rental income. For a property bought with Dh1 million, buyers could earn from Dh50,000 to Dh70,000 in rental income, that includes the service charges, which range between Dh12-20 per square feet. At this rate, a buyer would take around 15-16 years to recover the Dh1 million investment.Hope this press release interests you.Regards,Pan Asian Media Group

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