Market Report

Top 5 Short Term Rental Locations - Dubai

October 31, 2023

Top 5 Short Term Rental Locations in Dubai

If you're considering investing in Dubai real estate, the short term rental model is a great option.

In the last 12 months, Dubai has seen annual revenue of AED 165.4K, with a 5% increase from the previous year, an occupancy rate of AED 57%, also up 5% from the past year, and an average daily rate of AED 792.4, which experienced a 3% decrease from the previous year. 

So, let's dive into the top short-term rental locations in Dubai according to AirDNA.

➤ Location 1. Downtown Dubai

Dubai’s iconic Downtown area is a must-visit location, known for its awe-inspiring Burj Khalifa, the world’s tallest building. Short-term rentals in Dubai provide easy access to attractions like the Dubai Mall, Dubai Opera, and the stunning Dubai Fountain. With a variety of vacation homes and serviced apartments available, travelers can choose accommodation that suits their preferences and budget.

AED 202k Revenue

62% Occupancy

AED 892.7 Daily Rate

➤ Location 2. Jumeirah Lake Towers

Jumeirah Lakes Towers is a dynamic residential and commercial area known for its stunning cluster of high-rise towers surrounding beautiful artificial lakes. Short-term rentals in JLT offer a convenient location with easy access to the Dubai Metro and Sheikh Zayed Road. Vacation homes and serviced apartments in this area provide a range of amenities, including swimming pools, gyms, and recreational facilities. JLT’s vibrant dining scene, waterfront promenade, and proximity to  Marina make it an attractive choice for a short stay in Dubai.

AED 121.1k Revenue

65% Occupancy

AED 511.4 Daily Rat

➤ Location 3. Dubai Hills

Dubai Hills, also known as Dubai Hills Estate, is a luxury residential area located within Mohammed bin Rashid City, Dubai, United Arab Emirates.

It is home to the expatriate community of Dubai. Dubai Hills includes villas, apartments, business parks and the Dubai Hills Mall. The villas and apartments are grouped around an 18-hole golf course.

AED 174.3k Revenue

64% Occupancy

AED 741.5 Daily Rate

➤ Location 4. Nad Al Sheeba 2

The neighbourhood is in proximity to Mohammed Bin Rashid City and the upcoming Meydan City. Nad Al Sheba 2 is a villa-only community featuring many private villas developed by Nakheel. This community is particularly known for the peaceful lifestyle it offers.

AED 253.5k Revenue

63% Occupancy

AED 1.1k Daily Rate

➤ Location 5. Arjan

Arjan is a new district within Dubailand, situated on the outskirts of Dubai. The community is bordered by Al Barsha South towards the north and Sheikh Mohammed Bin Zayed Road towards the south. Further down south, there is Dubai Motor City – home to Dubai Autodrome.

AED 70.8k Revenue

62% Occupancy

AED 311.6 Daily Rate

So that’s the top short-term rental locations in Dubai.

Got any questions? ➤ Book a 15-minute consultation (link in bio) or contact us at +971 4 494 3874

dV Property International – Your global real estate investment partner.

Source - AirDNA

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