Dubai Holiday Rentals
Posted by fallenx888x on Wednesday, September 19, 2012
Many recent surveys by
local and international bodies ascertain that despite the recent global
financial crisis, tourism in Dubai has not been affected and the emirate
continues to attract tourists and holidaymakers of the world in its
traditional fashion. Their fervour can only be seen intensifying with
Dubai flaunting more and more tourist attractions. The results of these
surveys show staggering growth in Dubai's tourism - the year 2007 saw 13
per cent more visitors to Dubai than 2006, while for this year the
experts predict a 10 per cent increase in the number of foreign
nationals visiting the Middle East.As Dubai remains a major tourist
hotspot, short-term property rental here is one of the most thriving
businesses. There has long been no slowdown in Dubai's holiday and
short-term rental property and prices and demand have only climbed with
each passing year. Be it holiday apartments, villas, beach and holiday
resorts, rental rates of all have increased manifold over the past few
years. Even the rates of other short term rental property such as, self
catering apartments and serviced hotel apartments, have not escaped the
uncontrollable price hike.This continuous upward trend in Dubai's
tourism industry and in turn in its short term property rental sector
may have boggled the visitors and cost heavily on their funds, but has
definitely been lucrative for the investors. High rental yields,
excellent capital appreciation, and the ability to use the property as
second home are some of the factors that make investors put their money
fearlessly into short-term rental properties.For more info,Please visit Dubai Holiday Rentals Besides
tourists and holidaymakers, many other people visit the city for
reasons ranging from business to employment and others. This segment of
Dubai's transient population is also a major contributor to the growth
of the city's real estate sector that deals with short stays. The way
Dubai has laid its doors open wide to the job searchers and travellers
from across the globe, investment in its short-term rental property can
prove to be the most lucrative of all known property investments.For
further details click here