The SCALE Dubai Investment Forum: Unlock opportunities for Short-term Rental Investment
We are excited to announce the upcoming SCALE Dubai Investment Forum, a premier event set to take place during the SCALE Dubai conference. The investment forum is a unique opportunity for property managers and real estate investors from around the globe, to explore the burgeoning short-term rentals market in Dubai and the Middle East.
Why Attend the SCALE Dubai Investment Forum?
Expert Insights and Networking: The forum will feature industry leaders and regional experts who will share their insights on market trends, investment strategies, and the future of vacation rentals in Dubai. Attendees will have the chance to network with key players in the industry, fostering connections that can lead to lucrative investment opportunities.
Market Analysis and Trends: Dubai’s short-term rentals market is experiencing a significant boom. According to recent data from AirDNA, there are over 46,000 active short-term rental listings in Dubai, with an average occupancy rate of 50% and an annual revenue of approximately $13,000 per rental unit.
A recent market report from Deloitte suggests that this growth is driven by Dubai’s appeal as a top tourist destination and the increasing preference for unique, home-like accommodations over traditional hotels.
The Appeal of Dubai’s Short-term Rentals Market
Dubai’s short-term rentals market is thriving, with a strong demand for short-term rentals. The city’s strategic location, world-class infrastructure, and year-round tourism contribute to the robust performance of vacation rentals. In 2023, the market saw an 8% increase in active listings and a 6% rise in revenue per available rental (RevPAR) (AirDNA) (D&B Dubai).
Technological Integration and Sustainability: Future trends indicate a shift towards smarter homes and sustainable practices.
According to Dubai holiday home company, Like Home. Properties equipped with smart technologies such as keyless entry and voice-activated systems are increasingly popular. Additionally, sustainable features like energy-efficient appliances and eco-friendly building materials are becoming crucial for attracting environmentally conscious travellers.
Regulatory Support and Major Events: Dubai’s favorable regulations and major events hosted at Expo City Dubai are set to further boost the short-term rentals market. The government’s supportive stance towards short-term rentals and the global spotlight from these events will likely drive more tourists to the city, enhancing the demand for short-term rentals.
Join Us at SCALE Dubai
Don’t miss this chance to gain invaluable insights and connect with industry leaders at the SCALE Dubai Investment Forum. Whether you are a seasoned investor or new to the market, this forum will provide the knowledge and connections you need to succeed in the dynamic world of vacation rental investments.
Register now to join us and be part of shaping the future of short-term rentals in Dubai.
