The Pros and Cons of Short Term Rental
If you have a property lying idle for quite some time, and you are not able to put it up for long term rental, you have the option to rent it out on short term basis. Short term rental is a well-known type of property investment, in which you rent your property for shorter periods ranging from few days to several months. But before putting up your property for rent in Dubai , you might want to first check out the pros and cons of short-term rental. Here are some insights: Pros of short-term rental Prime benefit of short term rental is that it provides flexibility to the owner in terms of choosing the time & duration for rent. It is also very lucrative as the owner gets to decide the prices according to time of the year, demand and property type. Dubai is a busy metropolis. It attracts a lot of visitors and tourists all year round. If you are planning to offer your property for short-term rental, you can target business professionals, families, and individual...