Realiste, the UAE's leading artificial intelligence company, has unveiled the three districts with the highest rental yields in Dubai, according to its artificial intelligence platform, the Index.
The data shows that Al Thanyan First and Second District topped the list, with an average property price of AED 550,000 and a rental yield of 8.3%, providing investors with a return of AED 45,650 per annum.
Al Thanyan First also tops the list with an average property price of AED 1.05 million and a rental yield of 7.8%, providing owners with a return of approximately AED 81,900 per annum.
Finally there is Jabal Ali Industrial Area Part II with properties priced at an average of AED 825,000. Investors can expect annual rental yields of up to 7.6%, resulting in a potential return of AED 62,700 per annum.
These areas have been identified as the most lucrative in terms of rental income, offering investors a great opportunity to maximise returns, said Alex Galtsev, Founder and CEO of Realiste: 'With Realiste's innovative artificial intelligence technology, investors can now make informed decisions and invest in the areas most likely to yield higher returns.