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Dubai real estate investment · Guidance in English & Hebrew

Elsewhere, you buy an apartment. In Dubai, you buy cash flow.

The same USD 500,000 earns roughly $15,000–$22,500 a year in gross rent in London, versus around $36,000 in Dubai as a short-term rental. AF PROPERTIES guides international investors from choosing a unit to getting the keys.

~7.2%Short-term yield, Dubai
~5.5%Long-term yield, Dubai
~3–4.5%Gross yield, London
London · Paris · New York · Europe · Dubai

Where your money works hardest

Gross rental yields compared across London, Paris, New York, popular Southern European destinations (Cyprus, Greece and Portugal) and Dubai, and what local tax takes from the rent.

Average annual rental yield

Approximate gross yields, before costs and taxes. For London, Paris and New York the bar shows the typical range. In Dubai: long-term (annual lease) versus Airbnb-style short-term rental.

Global cities (range)Southern EuropeDubai
0% 2% 4% 6% 8% Paris 2.5–3.5% London 3–4.5% New York 3–5% Portugal 4.3% Greece 4.4% Cyprus 5.1% Dubai · long 5.5% Dubai · short 7.2%

Sources: London, Paris and New York are approximate ranges of average gross apartment yields as widely reported in market data (e.g. Global Property Guide); they vary strongly by neighbourhood. Dubai, 5.53% for long-term apartment rentals (Global Property Guide, May 2026). Cyprus, 5.14%; Greece, 4.38%; Portugal, 4.29% (Global Property Guide, 2026). Short-term rentals, 7.2% on average for one-bedroom apartments (Khaleej Times, July 2026). Historical averages, not guaranteed.

A USD 500,000 investment

Expected annual gross rent, based on the yields in the chart

Paris$12,500–17,500
About $1,040–1,460 a month
London$15,000–22,500
About $1,250–1,875 a month
New York$15,000–25,000
About $1,250–2,080 a month
Dubai · long-term$27,500
About $2,290 a month · ≈ AED 101,000 a year
Dubai · short-term$36,000
About $3,000 a month gross · ≈ AED 132,000 a year · 1.6–2.4× London

Arithmetic illustration only: investment amount × average gross yield, before costs. USD 500,000 ≈ AED 1.84 million at the fixed peg of 3.6725 AED per USD. Actual returns depend on the property, the area and occupancy.

Long-term rental

Steady income, no headaches

~5.5%

  • Annual lease, rent paid up front in a few cheques
  • Low running costs: management fee and service charges only
  • Suits investors who want predictable cash flow
Short-term rental · Airbnb

The apartment works like a hotel room

~7.2%

  • Higher income in tourist-friendly areas
  • A management company handles everything: guests, cleaning, maintenance
  • Requires a Holiday Home permit, furnishing, and the management company's fee
  • Income varies with the season and tourism

The choice doesn't have to be final: you can start with a long-term lease and switch to short-term, or the other way round. In Q2 2026, Dubai short-term rental revenue fell sharply after regional events (Nukta), which is why we build a forecast for your specific area and unit.

Tax: the UAE doesn't tax your rent

For individuals, the UAE currently levies no personal income tax and no tax on rental income, and there is no annual property tax. Your country of tax residence may still tax income from abroad, so the full picture depends on where you live.

ComparisonCyprusGreeceDubai
Average gross yield~5.1%~4.4%~5.5% long-term · ~7.2% short-term
Local tax on rental incomeProgressive income tax of 0%–35% on 80% of the income, plus 2.65% health contributionProgressive tax of 15%–45% depending on income0% personal income tax
Buyer's purchase costs2.5%–6%6.4%–8.8%4% DLD registration fee
Annual property taxSet by local authoritiesENFIA, an annual tax based on the propertyNo annual property tax, only service charges
CurrencyEuroEuroDirham, pegged to the US dollar
0% tax on rental incomeThe UAE does not levy personal income tax on individuals, including on rent from property.
No annual property taxOwners pay building service charges, not a yearly property tax. The main one-off cost is the 4% DLD registration fee.
Golden Visa routeProperty investors from AED 2 million may be eligible for the UAE Golden Visa, subject to the rules in force at the time.

Sources: Cyprus taxes, Greece taxes (Global Property Guide, September 2026). This is general information, not tax advice; every investor should check their position with a tax advisor in their country of residence.

Global cities vs DubaiLondonParisNew YorkDubai
Average gross yield~3–4.5%~2.5–3.5%~3–5%~5.5% long-term · ~7.2% short-term
Short-term rentalSubject to local restrictionsSubject to local restrictionsSubject to local restrictionsLegal with a Holiday Home permit
Local tax on rental incomeYes, income taxYes, income taxYes, income tax0% personal income tax in the UAE
Recurring property taxCouncil taxTaxe foncièreAnnual property taxNone, only service charges
FinancingMortgageMortgageMortgageDeveloper payment plans on off-plan projects
CurrencyPound sterlingEuroUS dollarDirham, pegged to the US dollar

Your country of residence may require you to report and pay tax on income from abroad. Check your personal position with a tax advisor before buying. The figures are general and are not investment or tax advice.

Dubai · the next metropolis

Buy in a city that hasn't finished growing

Dubai has an urban master plan to 2040 and an economic agenda to 2033, and the UAE works to a 50-year government plan running to 2071. More residents, more companies and more visitors mean more demand for rental homes.

5.8MResidents projected for 2040, up from 3.3 million in 2020
x2The goal: double the size of Dubai's economy by 2033
Top 3The goal: one of the world's top three cities to live, invest and work
  1. 2021Dubai 2040 Urban Master PlanFive urban centres, including a science and technology hub in Dubai Silicon Oasis and a new economic centre around Expo. Park space doubled.
  2. 2033The D33 AgendaDoubling the economy within a decade and attracting companies, investment and talent from around the world.
  3. 20405.8 million residentsPopulation growth of about 76% compared with 2020. Every new resident needs a home.
  4. 2071UAE Centennial 2071A 50-year government plan for the economy, education and innovation.

Sources: Dubai 2040 Master Plan (Khaleej Times), D33 Agenda (Invest in Dubai), UAE Centennial 2071 (WAM). These are government targets, not a price forecast.

Projects

Projects we're marketing now

Every project has been checked for developer, location and payment plan. Open a project to see images, payment plans and what's included in the unit.

How it works

From the first call to the keys

  1. Discovery callGoals, budget and timeline. 15 minutes, no obligation.
  2. Zoom meeting2–3 projects that fit your budget exactly, with a yield calculator.
  3. Written proposalPayment schedule, additional costs and the project documents.
  4. Reservation & signingThrough the licensed broker, with payment into the project's escrow account.
  5. Handover & managementReceiving the unit, renting it out and ongoing remote management.
FAQ

What investors ask us most

Can foreigners buy property in Dubai?

Yes. In Dubai's designated freehold areas, foreign nationals can buy and own property outright, with the title registered at the Dubai Land Department (DLD).

Is it safe to buy in Dubai from abroad?

The purchase is made through a licensed broker and registered with the Dubai Land Department. For projects under construction, your money goes into the project's escrow account, not directly to the developer or the broker.

Why not Cyprus or Greece?

They're good destinations too, and inside the eurozone. But average yields there are lower, and you pay tax on the rent locally and file a return there. In the UAE there is no personal income tax on rent for individuals, and the option of short-term rental lifts the yield.

What about tax?

The UAE doesn't tax individuals' rental income and has no annual property tax. Depending on your country of tax residence, you may still need to report and pay tax there, so it's worth setting up the ownership structure in advance with a tax advisor.

Can buying property lead to a UAE residence visa?

Property investors from AED 2 million may be eligible for the UAE Golden Visa, subject to the current rules and eligibility criteria. We'll go through the up-to-date requirements with you.

How much capital do I need to start?

In projects under construction you usually pay a 10%–30% deposit plus the 4% registration fee, and the rest in instalments up to handover. The project calculator shows the amounts based on the unit price.

Who manages the apartment after handover?

A local management company handles leasing, rent collection and maintenance. You receive regular reports and payouts.

What if the market goes down?

Like any real estate market, Dubai has cycles. That's why we choose projects based on rental demand, not only on potential price growth, and check the developer and the supply of apartments in the area.

Get in touch

Let's see what fits your budget

Leave your details and we'll get back to you on WhatsApp with 2–3 projects that fit exactly. No obligation. Personal guidance in English and Hebrew.