STAMN
The "new favorite" stimulated by tourism has ushered in a new boom
Source: | Author:STAR AND MOON | Published time: 2024-09-11 | 32 Views | Share:
With the growth of tourism and demand for flexible living, Dubai's real estate sector is undergoing a new transformation – a booming short-term rental market. According to Dubai Tourism's international visitor situation from January to July 2024, Dubai received 10.62 million overnight tourists from January to July 2024, an increase of 8% from January to July 2023.

https://mp.weixin.qq.com/s/7jTLLzcPifRi5BukZz-VqA



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▲ Dubai international passenger arrivals from January to July 2024

It is understood that in 2024, compared with 2023, the demand for short-term rentals in Dubai has surged by 30%, making the return for investors 20% higher than that of traditional leases. The trend in short-term rental investment income offers new investment opportunities for more savvy investors and tourists.

短期租赁成为新宠 /Short-term rentals become the new favorite

Dubai's short-term rental business is booming, with a booming tourism industry and increased demand for flexible living options leading to a significant increase in bookings. The short-term rental model not only brings considerable benefits to investors, but also provides tourists with more diverse and convenient accommodation options. Most short-term renters with families prefer lifestyle-oriented, asset-rich, and easily accessible neighborhoods.

In recent years, Dubai has become a luxury tourist destination, with tourists willing to pay more for high-end accommodation. There is a clear trend towards families and groups preferring larger holiday homes over multiple hotel rooms, which is driving demand for short-term rentals of holiday villas and spacious apartments.

From the beginning of 2023 to 2024, Dubai's demand for short-term rentals continues to grow, and favorable trends such as demographic dividend and economic growth provide landlords with high occupancy rates and considerable rental income opportunities

With the changing weather in Dubai, the fourth quarter of Dubai's tourism season will welcome a large number of tourists, which is an opportunity for investors to usher in considerable income, indirectly showing Dubai's hot real estate market.

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Popular areas revealed

1

JVC is close to Dubai Marina, high-end living groups, convenient transportation and rich supporting resources, favored by Europe and the United States, and JVC's price advantage and future development trend are very considerable.

2

Business Bay, Arjan, Downtown Dubai, Palm Jumeirah, DAMAC Hills and other areas are also hot sectors.

The above areas are popular with family and group tenants, and have become the focus of the short-term rental market, and the prospects are very promising.




Points to note for investors:


When entering the short-term rental market, investors need to pay attention to key points such as regulatory clarity and compliance, as well as sustainability initiatives. Ensure that all relevant regulations and processes are understood, with a focus on environmental protection and sustainability, to meet consumer demand for a high-quality, eco-friendly lifestyle. For investors looking to maximize returns in the short-term rental market, it is important to keep an eye on market demand and changes. Choosing the right area and property allows investors to get more stable and attractive returns.

With the further consolidation of the market and the strengthening of government regulatory measures, the short-term rental market will be more regulated and orderly.

Company Profile

Dubai-STAR AND MOON Real Estate Company

Dubai STAR AND MOON Real Estate is an independent overseas branch of Xinwan Holdings, a group company headquartered in Nanchang, Jiangxi, China, with 30 years of comprehensive development experience.

Xinwan Holding Group is a comprehensive and diversified large-scale growth group company, which was founded in 1993 and is headquartered in Shenzhen, Guangdong-Hong Kong-Macao Greater Bay Area. The Group has a number of core business subsidiaries, such as Shenzhen Causeway Bay Cultural Tourism Group Co., Ltd., Jiujiang Causeway Bay Investment Co., Ltd., Shenzhen Shifang Commercial Management Co., Ltd., Fuhang Commercial Management Co., Ltd., etc.

     The Group has always adhered to the corporate mission of "lighting up the city and creating a better life", continued to practice the brand concept of "making a new life more beautiful with heart", implemented the development goal of "shaping new landmarks in the city and activating a new life of cultural tourism", and gradually moved towards the innovation of a comprehensive cultural, commercial and tourism group in collaboration with the four core sectors of commercial development and operation, cultural and tourism landmark building, comprehensive real estate development and asset management, so as to build a sustainable and upward urban value and a better life.

     Since its development, the group has invested more than 4 million square meters in development area, nearly 1.2 million square meters of self-owned properties, and invested more than 30 billion yuan in foreign countries.

Representative Cases:

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▲Lushan ° Causeway Bay Square

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▲Shenzhen ° Rong Yue Shifangli

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▲ Lotus ° Causeway Bay Plaza

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▲ camphor tree ° three emperors

......

    STAR AND MOON Real Estate - Xinwan Group's overseas company, the future business development model is "driven" by four modules, namely real estate development and operation, commercial investment and operation, real estate sales and leasing, and immigration and study abroad services, and the four major sectors assist each other and integrate and develop each other; The company is committed to building the four core sectors of Dubai's real estate-related chain business, establishing a solid professional foundation, and providing customers with a full range of products and services.

     In 2024, STAR AND MOON Real Estate will develop with the four major business models of "development + marketing + business + immigration and study", first breaking through to business, with the help of commercial operations, settling in Dubai with an asset-light model, endorsing customers and peers in the form of asset-light, followed by real estate development, taking asset-heavy development as a flashpoint, demonstrating the company's professional ability and financial strength, so that more customers and peers can trust the company, and re-marketing, immigration, and study abroad will attract traffic, and push the company's development to a new height.

New projects

DUBAI-STAMN ONE【tentative name

STAMN ONE [tentative name] is a new comfort-class residential building developed and built by STAMN in Dubai-Jumeirah Garden City.

The project is planned and designed with 77 sets, with a small number of households and high privacy; There are studio441-518Sqf and 1BR828-1439Sqf. The project creates exclusive theme landscapes, fitness facilities, swimming pools and other complete living facilities for the owners. Jumeirah Garden City is the heart of Downtown Dubai, with convenient transport links and lifestyle facilities, and a 10-minute traffic radius to the city centre, the beach, the old city centre, the financial centre and the MRT station entrances. Residents living here can fully enjoy the bustling city of Dubai, a vibrant and cosmopolitan city.

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▲Project renderings

Contact us to create a better tomorrow together

办公地址:Office 402,Iris Bay Tower,Business Bay,Dubai,UAE

公司邮箱:Starandmoonrealestate @gmail.com

Company Phone: +971 048805580 0504003556