Business and Finance
Business and Finance
Wed, November 27, 2024
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Dubai real estate: Buyers split budget to acquire more units for self-use, rentals
- The current shift to affordable housing options in Dubai's residential real estate is taking interesting turns, with buyers with substantial budgets are seen splitting them to acquire two properties rather than one - one for self-use and the other for renting out, industry insiders said.
The article from Arabian Business discusses a trend in Dubai's real estate market where buyers are increasingly opting to split their budgets to purchase multiple properties rather than investing in a single, more expensive unit. This strategy is driven by the desire to use some properties for personal use while renting out others to generate income. The shift is influenced by several factors including the stabilization of property prices, attractive rental yields, and the flexibility offered by the market's current conditions. Real estate experts note that this approach allows investors to diversify their portfolios, mitigate risks, and benefit from both capital appreciation and rental income. This trend reflects a broader market adaptation to economic conditions, with buyers looking for ways to maximize returns in a competitive environment.
Read the Full Arabian Business Article at [ https://www.arabianbusiness.com/industries/real-estate/dubai-real-estate-buyers-split-budget-to-acquire-more-units-for-self-use-rentals ]
Read the Full Arabian Business Article at [ https://www.arabianbusiness.com/industries/real-estate/dubai-real-estate-buyers-split-budget-to-acquire-more-units-for-self-use-rentals ]
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