Short Term Rental

20% higher returns: Why UAE homeowners are listing properties for short-term rentals

20% higher returns: Why UAE homeowners are listing properties for short-term rentals

Short-term rentals are emerging as a major second income for UAE residents as they are high in demand and offer much higher returns. Industry executives say that many first-time property owners are listing their properties for short-term rentals to earn a second income. Similar to other sectors, the short-term rental market also took a hit during the coronavirus pandemic in 2020 but recovered sharply...

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