Best Places to Invest in Rental Property in Dubai With High ROI

Best places to invest in rental property in Dubai

Are you a budding or experienced investor looking for a lucrative investment opportunity in Dubai? With so many best places to invest in rental property, choosing one can be confusing. We have compiled a list of high rental yield areas in Dubai to facilitate all new and professional buyers.

From affordable studios to elegant villas, invest in your dream property in one of the best locations in the city. Ready to explore these areas? Continue reading to know more.

Dubai has investment opportunities for every budget, from affordable communities to bustling neighbourhoods. These areas feature diverse properties such as apartments, villas, penthouses and duplexes.

Are you planning to buy a rental property in Dubai? Focus on areas that offer high rental yields and are budget-friendly. To help you with the decision, we have listed down some high-rental yield areas in Dubai. Let’s get straight into it.

Disclaimer: All the property prices and rental yields have been taken from the DLD transaction records available on Data Guru.

1. International City

International City is one of the best places to invest in rental property in Dubai due to its average rental yield of up to 8.81%. It is divided into nine clusters and features budget-friendly properties. Housing over 60,000 residents, it stands out for its stunning architecture and connectivity. 

Villas and apartments for sale in International City are ideal for investors looking for high returns at low costs. Another standout feature is its connectivity to main roads like E311 and E44. Additionally, the area is in demand due to its top-tier amenities. It boasts Dragon Mart 1 & 2 malls, dining options, and schools. 

Well-facilitated properties in Dubai Sports City

Location

Al Warsan Village

Unit Types

  • Apartments: Studio to 4-bed
  • Villas: 3-bed

Sale Prices and Gross Rental Yields

Property TypeAverage Sale PriceGross Rental Yield
ApartmentsStudioAED 291K8.58%
1-bedAED 414K9.03%
2-bedAED 635K8.28%
3-bedAED 1.3M7.34%
4-bedAED 1.5M
Villas3-bedAED 1.7M

Nearby Communities

  • Academic City: 11 minutes drive
  • Dubai Silicon Oasis: 13 minutes drive
  • Al Warqa’a 1: 14 minutes drive
  • Mirdif: 18 minutes drive
  • Mushrif: 22 minutes drive

Nearby Attractions

2. Dubai Sports City

Next on our list of the best places for rental property is Dubai Sports City, a haven for sports lovers. The area features many sports courts, an ELS club and a fitness centre. All this makes it popular among active lifestyle seekers.

Another highlight is its safe and unparalleled lifestyle making it ideal for families. Investors should consider buying an apartment in Dubai Sports City due to its prime location, competitive costs and market demand.

International City in Dubai

Location

Al Hebiah 4

Unit Types

  • Apartments: Studio to 3-bed
  • Villas: 3 to 6-bed
  • Penthouses

Sale Prices and Gross Rental Yields

Property TypeAverage Sale PriceGross Rental Yield
ApartmentsStudioAED 514K8.91%
1-bedAED 742K8.87%
2-bedAED 1.07M7.43%
3-bedAED 1.5M
Villas3-bedAED 3.4M
4-bedAED 4.4M54-b3.02%
5-bedAED 8.1M4.64%
6-bedAED 15M

Nearby Communities

  • Motor City: 8 minutes drive
  • Al Barsha: 11 minutes drive
  • Jumeirah Village Circle: 13 minutes drive

Nearby Attractions

  • Dubai Indoor Kartdrome: 7 minutes drive
  • Dubai Polo & Equestrian Club: 8 minutes drive
  • Dubai Autodrome: 10 minutes drive
  • Extreme Fun: 10 minutes drive

3. Dubai Silicon Oasis

Live, work and enjoy – this is what Dubai Silicon Oasis is all about. It is a mixed-use area and has residential, commercial and leisure options. It is the talk of the town among tenants due to its well-facilitated and connected lifestyle. 

Residents enjoy easy access to Sheikh Mohammed Bin Zayed Road and Dubai Al-Ain Road. Besides, everything from malls to clinics and gyms to beauty salons is a stone’s throw away.

Another enticing feature is the presence of chiller-free apartments that lower utility bills. All these features make this area a popular investment choice with high rental yields. Browse the apartments for sale in Dubai Sports City and invest in one of the sought-after locations in the city.

 lifestyle at Dubai Silicon Oasis

Location

Nadd Hessa

Unit Types

  • Apartments: Studio to 3-bed
  • Villas: 3 to 6-bed
  • Duplexes: 2-bed

Sale Prices and Gross Rental Yields

Property TypeAverage Sale PriceGross Rental Yield
ApartmentsStudioAED 2.1M8.98%
1-bedAED 641K8.86%
2-bedAED 1.3M
3-bedAED 1.6M
Villas3-bedAED 4.1M
4-bedAED 4.2M
5-bedAED 5.1M
6-bedAED 7.5M

Nearby Communities

  • Dubailand: 11 minutes drive
  • Dubai Festival City: 16 minutes drive
  • Business Bay: 18 minutes drive
  • Downtown Dubai: 19 minutes drive

Nearby Attractions

4. Jumeirah Village Circle (JVC)

Developed by Nakheel, Jumeirah Village Circle comprises 2,000 residential units, including apartments, villas, penthouses and duplexes.

The area has an impressive demand among expats and locals due to its freehold nature and family-centric lifestyle. Apartments for sale in Jumeirah Village Circle offer a high rental yield of up to 8.15%.

 Well-furnished property in Jumeirah Village Circle

Location

It is located close to Al Khail Road, Hessa Street and Sheikh Mohammed Bin Zayed Road.

Unit Types

  • Apartments: Studio to 4-bed
  • Villas: 1 to 5-bed
  • Penthouses: 1 to 4-bed
  • Duplexes: 1 to 4-bed

Sale Prices and Gross Rental Yields

Property TypeAverage Sale PriceGross Rental Yield
ApartmentsStudioAED 593K8.29%
1-bedAED 935K8.07%
2-bedAED 1.4M7.74%
3-bedAED 1.8M8.36%
4-bedAED 3.2M
Villas3-bedAED 2.9M
4-bedAED 3.5M

Nearby Communities

  • Dubai Internet City: 15-minute drive
  • Dubai Media City: 17 minutes drive
  • Jumeirah Lake Towers: 19 minutes drive
  • Dubai Marina: 26 minutes drive

Nearby Attractions

  • Dubai Marina Walk: 20 minutes drive
  • Ain Dubai: 20 minutes drive
  • The Lost Chambers Aquarium: 23 minutes drive
  • TEPfactor Dubai: 26 minutes drive

5. Discovery Gardens

With a focus on sustainability and an eco-friendly lifestyle, green communities are a famous choice in Dubai. Among the many, Discovery Gardens is popular among investors.

It is a family-friendly area, thanks to its safe and relaxed environment. Everything, from supermarkets to schools is readily available within the community. Other than this, public transport such as buses and metro stations are nearby.

Did you love this community? Browse the rental apartments in Discovery Gardens and find your next investment.

High ROI in Discovery Gardens

Location

Jebel Ali Village

Unit Types

  • Apartments: Studio to 3-bed
  • Duplexes: 2-bed

Sale Prices and Gross Rental Yields

Property TypeAverage Sale PriceGross Rental Yield
ApartmentsStudioAED 498K7.88%
1-bedAED 769K7.99%
2-bedAED 1.4M6.25%
3-bedAED 1.7M

Nearby Communities

  • Palm Jumeirah: 19 minutes drive
  • Dubai Marina: 19 minutes drive
  • Jumeirah Beach Residence: 21 minutes drive

Nearby Attractions

  • Madame Tussauds Dubai: 11 minutes drive
  • Bluewaters by Dubai Retail: 12 minutes drive
  • The View at the Palm: 17 minutes drive
  • Dubai Parks and Resorts: 21 minutes drive

6. Dubai Investments Park (DIP)

As an eco-friendly area, Dubai Investments Park (DIP) is one of the best places to invest in rental property in Dubai. It is a mixed-use development comprising residential and commercial properties. Located near Al Maktoum International Airport, it features apartments, villas and duplexes.

Investors can buy rental properties in the following seven sub-communities:

  • The Green Community
  • Ritaj
  • Dubai Lagoon
  • Park View Heights
  • Dunes Village
  • Ewan Residences
  • Staff Accommodation
Dubai Investments Park

Location

Near the Jebel Ali Area

Unit Types

  • Apartments: Studio to 3-bed
  • Villas: 1 to 5-bed
  • Duplex: 2 to 3-bed

Sale Prices and Gross Rental Yields

Property TypeAverage Sale PriceGross Rental Yield
ApartmentsStudioAED 352K
1-bedAED 684K
2-bedAED 1.04M8.44%
3-bedAED 1.5M
4-bedAED 3.2M
Villas2-bedAED 953K
3-bedAED 4.2M
4-bedAED 2.7M
5-bedAED 4.1M

Nearby Communities

  • Expo City: 16 minutes drive
  • Al Furjan: 16 minutes drive
  • Jumeirah Golf Estates: 18 minutes drive
  • Jumeirah Beach Residence: 28 minutes drive

Nearby Attractions

  • Motiongate Dubai: 19 minutes drive
  • Legoland Dubai: 19 minutes drive
  • Riverland Dubai: 21 minutes drive
  • Ski Dubai: 26 minutes drive

FAQs

1. Is Buying a Property in Dubai a Good Investment?

Yes! Buying a property in Dubai is favourable for investment purposes due to high rental returns and real estate demand.

2. Which Area in Dubai Is Best for Rental Income?

Some of the best areas for high rental income include International City, Dubai Silicon Oasis and Jumeirah Village Circle.

So, what are you waiting for? Choose one of the best places to invest in rental property in Dubai from our list. Invest in Dubai, enjoy high returns and add a lucrative investment to your portfolio.

Explore more about property buying in Dubai on the Property Finder blog.

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