Top Finished Projects for Investors: Long-Term Rental Information

5:15 pm  |  07.09.2023

Long-term rent is usually chosen by couples of different ages. They most often prefer double apartments on the territory of the family community with a developed social infrastructure and places for entertainment. 

Such projects have a convenient location: parks, supermarkets, and public transport stops are within walking distance, and schools and kindergartens can be reached in 5-10 minutes by car. Family Community has parking, a gym, recreation and playgrounds, and 24-hour concierge services. 

We offer you a selection of ready-made complexes that are well suited for family tenants and have high profitability – from 5.9 to 9%. ROI and price are indicated for two-bedroom apartments. 

Luma21

Luma21

District: JVC

Cost: from AED 1.3 million (USD 354,000)

Rent: AED 90,000 (USD 25,000)

ROI: 9%

Luma21 is a low-rise residential development in Jumeirah Village Circle (JVC). The building consists of five floors, in which you can buy residences with both furniture and without. All apartments are presented with built-in appliances. 

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For families with children in the complex, there is a children’s playground in a closed green area. For recreation in the complex, there are green gardens and a swimming pool on the roof. 

Luma21 is situated in the central district, surrounded by various landscape parks. JVC-Halfa Park, located within walking distance from the development, is one of them. Dubai International Cricket Stadium is a 10-minute drive away to watch cricket with the family.

Reva Residences

Reva Residences

District: Business Bay

Cost: from AED 1.35 million (USD 368,000)

Rent: AED 110 thousand. (USD 30,000)

ROI: 7.6 %

Reva Residences is a residential complex on Marasi Drive. All residences are furnished and ready for rental. All apartments have a large balcony and a fully equipped kitchen.

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Residents can relax in a thermo-regulated swimming pool or wellness area for yoga while the children have fun in the children’s club. Near the complex, there are a variety of F&B establishments and shops, and on the territory of the project, there is a green area for walks. In the evening you can relax in one of the many restaurants.

After a busy day, you can walk on a rented boat or yacht on the canal – just a quarter-hour walk from JPS Yachts & Boats Rental Dubai. The South Ridge Park is just a short walk away. 

Located in Business Bay, the property is conveniently located for business travelers and their families.

MBL Residences

MBL Residence

District: JLT

Cost: from AED 2 million (USD 545,000)

Rent: AED 150,000 (USD 41,000)

ROI: 6.5 %

MBL Residence is a residential complex in the area of JLT. To purchase apartments are available furniture and without. All residences have fully equipped kitchens and bathrooms, and spacious walk-in closets. The apartments offer panoramic views of the pool, lake, and city scenery.

The future residents of the project will have a pleasant time on green sites and in swimming pools. Children can play in the playground or swim in the family pool. A fitness center, restaurants, and cleaning services are available for residents.

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Near the complex, there is a park area, and less than 100 meters – a lake. It is nice to walk with family and children. Within a 10-minute drive of the complex is Dubai Marina Resort, with its own shopping center, yacht club, and promenade.

Marina Gate

Marina Gate

District: Dubai Marina

Cost: from AED 2.9 million. (USD 790,000)

Rent: AED 235,000 (USD 64,000)

ROI: 6.9%

Marina Gate is a modern project for comfortable living in Dubai Marina. The complex includes three multi-story buildings. The apartment has a «smart house» system with smart keys. 

Residents can enjoy the tropical swimming pool with a terrace, play squash on a special court, or play sports in the gym. Children will be able to play in a separate room or a recreational area. On the project podium are boutiques and places for entertainment, and products can be bought or ordered in the local supermarket. 

Dubai Marina’s location gives residents access to the seafront and marina. The property is conveniently located just a five-minute walk away from the marina and a public transport stop.

17 Icon Bay

17 Icon Bay

District: Dubai Creek Harbour

Cost: from AED 1.8 million (USD 490,000)

Rent: AED 130,000 (USD 35,000)

ROI: 5.9%

17 Icon Bay is a 41-story skyscraper in Dubai Creek Harbour. All residences have their own balcony, functional kitchen, and built-in wardrobe. Many options for the property in the complex are offered with furniture – immediately after purchase, they can be rented out. 

Residents can swim in the pool or relax in the green area on the podium. For children, there is a playground on the street and a room for games indoors.

Dubai Creek Harbor is an ideal location for long-term stays, with shops nearby. Central Park is a 5-minute walk away with playgrounds and a skate park, Creek Marina Yacht Club, and a promenade.

Due to the developed infrastructure, transport accessibility, and amenities for adults and children, such projects attract family tenants for long-term rental. Such projects in high-demand areas of Dubai will bring stable high returns to investors. 

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