{"id":7954,"date":"2021-06-02T10:53:39","date_gmt":"2021-06-02T06:53:39","guid":{"rendered":"https:\/\/keyonerealtygroup.com\/?p=7954"},"modified":"2025-05-13T10:27:19","modified_gmt":"2025-05-13T06:27:19","slug":"maximize-your-holiday-homes-profits-in-dubai-for-2021","status":"publish","type":"post","link":"https:\/\/www.keyone.com\/blog\/maximize-your-holiday-homes-profits-in-dubai-for-2021\/","title":{"rendered":"4 tips to maximize your holiday home\u2019s profits in Dubai for 2021"},"content":{"rendered":"\n<p>Despite the adverse effects of the pandemic on the hospitality industry, the market for holiday homes is thriving and occupancy and higher nightly rates are up by 124%. A clear indication that buy-to-let properties generate higher returns (between 40%-60%) than properties for rent.<\/p>\n\n\n\n<p>With the official launch of <a href=\"https:\/\/keyonerealtygroup.com\/blog\/expo-2020-buoys-the-real-estate-mark\/\" target=\"_blank\" rel=\"noreferrer noopener\">Expo 2020<\/a> in October, tourist numbers are only expected to rise. This means that demand for short-term rentals is foreseen to increase as well.<\/p>\n\n\n\n<p>If you are a landlord looking to increase your holiday home\u2019s profit, or simply someone looking for a reason to invest in a vacation home, read on to find out the ways you can maximize your income from your holiday home.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The perfect location<\/h2>\n\n\n\n<p>Location is a crucial factor in a guest\u2019s decision-making process. It also has the greatest impact on the income you generate.<\/p>\n\n\n\n<p>Whether your vacation home is focused on minimum stays or daily bookings, guests prefer a more central location where transportation is accessible. Your holiday home might be located in a serene hideaway, but ensuring good transport links will increase its appeal and price.<\/p>\n\n\n\n<p>Almost 80% of guests will ask if your property is within walking distance of a metro station.<\/p>\n\n\n\n<p>Similarly, local attractions like beaches and popular tourist spots, and available parking spaces will likely draw more visitors to stay and pay more.<\/p>\n\n\n\n<p>Here are other factors that can increase your property\u2019s location\u2019s appeal:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Beautiful views<\/li>\n\n\n\n<li>Cafes and restaurants that are close by<\/li>\n\n\n\n<li>A supermarket within walking distance<\/li>\n\n\n\n<li>Taxis available from the street<\/li>\n\n\n\n<li>Landscaped surroundings<\/li>\n<\/ul>\n\n\n\n<p>We gathered popular areas in Dubai that yields some of the highest profits.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><a style=\"color: #E74D57!important;\" href=\"https:\/\/www.booking.com\/hotel\/ae\/ocean-heights.html?lang=xu\" target=\"_blank\" rel=\"noreferrer noopener\">Dubai Marina<\/a><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"654\" src=\"http:\/\/127.0.0.1:8000\/blog\/wp-content\/uploads\/2021\/06\/cityscape-of-dubai-united-arab-emirates-at-dusk-wi-TAKETA9-1024x654.jpg\" alt=\"best city in dubai\" class=\"wp-image-7963\" srcset=\"https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/06\/cityscape-of-dubai-united-arab-emirates-at-dusk-wi-TAKETA9-1024x654.jpg 1024w, https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/06\/cityscape-of-dubai-united-arab-emirates-at-dusk-wi-TAKETA9-300x191.jpg 300w, https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/06\/cityscape-of-dubai-united-arab-emirates-at-dusk-wi-TAKETA9-768x490.jpg 768w, https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/06\/cityscape-of-dubai-united-arab-emirates-at-dusk-wi-TAKETA9.jpg 1034w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">City Walk<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"676\" height=\"480\" src=\"http:\/\/127.0.0.1:8000\/blog\/wp-content\/uploads\/2021\/06\/citywalk-gallery13-MERAAS.jpg\" alt=\"meraas city walk\" class=\"wp-image-7964\" style=\"width:840px;height:596px\" srcset=\"https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/06\/citywalk-gallery13-MERAAS.jpg 676w, https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/06\/citywalk-gallery13-MERAAS-300x213.jpg 300w\" sizes=\"(max-width: 676px) 100vw, 676px\" \/><figcaption class=\"wp-element-caption\"><sup>Image by MERAAS<\/sup><\/figcaption><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Palm Jumeirah<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"http:\/\/127.0.0.1:8000\/blog\/wp-content\/uploads\/2021\/06\/wow-view-of-atlantis-resort-R9KZ36U-1024x683.jpg\" alt=\"Palm Jumeirah holiday home\" class=\"wp-image-7965\" srcset=\"https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/06\/wow-view-of-atlantis-resort-R9KZ36U-1024x683.jpg 1024w, https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/06\/wow-view-of-atlantis-resort-R9KZ36U-300x200.jpg 300w, https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/06\/wow-view-of-atlantis-resort-R9KZ36U-768x512.jpg 768w, https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/06\/wow-view-of-atlantis-resort-R9KZ36U.jpg 1215w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><a style=\"color: #E74D57!important;\" href=\"https:\/\/www.blvdheights.salesoffplan.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Downtown Dubai<\/a><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"923\" height=\"613\" src=\"http:\/\/127.0.0.1:8000\/blog\/wp-content\/uploads\/2021\/06\/downtown-area-during-calm-night-with-colorful-neon-2DYBS2V.jpg\" alt=\"downtown dubai holiday home\" class=\"wp-image-7966\" srcset=\"https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/06\/downtown-area-during-calm-night-with-colorful-neon-2DYBS2V.jpg 923w, https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/06\/downtown-area-during-calm-night-with-colorful-neon-2DYBS2V-300x199.jpg 300w, https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/06\/downtown-area-during-calm-night-with-colorful-neon-2DYBS2V-768x510.jpg 768w\" sizes=\"(max-width: 923px) 100vw, 923px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Appearance and Facilities<\/h2>\n\n\n\n<p>The facilities and interiors of your property can be the deciding factor on whether your guests choose to book or not. Here is a list of some key facilities that are crucial to have in your holiday home:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Air Conditioning (especially in this Dubai heat)<\/li>\n\n\n\n<li>Washing Machine<\/li>\n\n\n\n<li>Iron and Ironing board<\/li>\n\n\n\n<li>Key to each bedroom for privacy<\/li>\n\n\n\n<li>Kitchen appliances and utensils<\/li>\n\n\n\n<li>Fast Wifi<\/li>\n\n\n\n<li>HD TV<\/li>\n\n\n\n<li>Natural light<\/li>\n\n\n\n<li>A Private balcony<\/li>\n<\/ul>\n\n\n\n<p>Adding special touches like a coffee machine, blender, food processor and hot tub is a good incentive to increase your rates and boost your bookings. Likewise, if your property has its own private pool, is pet-friendly, and offers unique facilities, paying extra will not be an issue for your guests.<\/p>\n\n\n\n<p>Investing in good quality and durable furniture is also another way to increase your property\u2019s appeal. Most may think that furniture must be costly to look good, however, this is not always the case. There is a wide variety of shops that sell classy and affordable furniture across Dubai.<\/p>\n\n\n\n<p>You can even buy second hand bespoke pieces on Dubizzle and Facebook Marketplace.<\/p>\n\n\n\n<p>Making sure that your interiors are updated and match your location is also a bonus. If your holiday home is near the beach, having interiors that are more tropical yet modern can make your guest truly feel like they are home away from home.<\/p>\n\n\n\n<p>Having great interiors is not just about vanity. It\u2019s about ensuring that your guests have a great stay and will want to be repeat customers. To have guests go beyond by recommending your vacation home and leaving good reviews for others to see.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Marketing on point<\/h2>\n\n\n\n<p>The holiday homes that get the most bookings are those with high visual appeal. Having high-quality pictures is one of the most important factors in ranking high on listings.<\/p>\n\n\n\n<p>Your pictures should have a storyline to create a great first impression when guests come across them online. Capture photos in bright rooms, use a good camera or hire a professional photographer to ensure that your pictures do justice to the beauty of your vacation home.<\/p>\n\n\n\n<p>If you want to get more bookings, you have to get your property in front of potential customers by listing it in every travel booking site. However, it is not easy to manage your listings across multiple sites. Every platform has different requirements and onboarding categories that owners may not have time to manage or fulfil.<\/p>\n\n\n\n<p>Using a lettings agency may benefit you more than trying to handle it all on your own.<\/p>\n\n\n\n<p>Key One Holiday Homes is an expert holiday home solutions provider and manager helping landlords both locally and internationally manage and maximize their property\u2019s profits. We handle everything from transforming your buy-to-let property into the go-to vacation home in Dubai to taking pictures, marketing, preparing it for incoming and outgoing guests, cleaning and sanitation, and ensuring maximum occupancy rates.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Dynamic Prices<\/h2>\n\n\n\n<p>Setting your price too high can make bookings slow and make guests feel overcharged. Similarly, setting it too low may hinder you from earning profit or potential customers can doubt the quality of your property.<\/p>\n\n\n\n<p>Low rates are also more than likely to attract bargainers looking for a cheap deal who might not care for your holiday home.<\/p>\n\n\n\n<p>Here are different approaches to pricing your holiday home:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Price per night \u2013 the most common pricing model. Straightforward and easy to implement and manage.<\/li>\n\n\n\n<li>Length of stay \u2013 this strategy allows you to offer discounted rates for longer stays.<\/li>\n\n\n\n<li>Discounts and special offers \u2013 there are multiple deals you can offer your guests e.g., early-bird discounts, last-minute deals, and promotions like \u2018book three, get the fourth for free.\u2019<\/li>\n\n\n\n<li>Price per guest \u2013 this is also known as occupancy pricing. This strategy allows you to set a basic rate and then add an extra charge on top depending on the number of guests.<\/li>\n<\/ol>\n\n\n\n<p>When setting a price, it is important to know the high and low seasons. Factoring your property\u2019s location, its unique features, local competition, and your target guests can put a competitive edge on your price.<\/p>\n\n\n\n<p>Benchmarking is also an effective way in deciding pricing strategies. Research the properties listed in the same vicinity as yours. Determine how much they are charging, what amenities they offer, and how they present their property. By comparing your holiday home against other listed properties, you can calculate how much you can charge as well as your potential rental yields.<\/p>\n\n\n\n<p>If you are interested in turning your property into a beautiful holiday home in Dubai, getting more bookings, and maximizing your profits,<\/p>\n\n\n\n<div class=\"wp-block-buttons is-horizontal is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-499968f5 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-fill\"><a class=\"wp-block-button__link has-white-color has-text-color has-background wp-element-button\" href=\"http:\/\/keyonerealtygroup.com\" style=\"background-color:#091b3d\" target=\"_blank\" rel=\"noreferrer noopener\">List Your Property With Us!<\/a><\/div>\n<\/div>\n\n\n\n<p>Source: <a href=\"https:\/\/www.smartcrowd.ae\/blog\/market-updates\/should-you-invest-in-a-dubai-holiday-home-in-2021\/\" target=\"_blank\" rel=\"noreferrer noopener\">SmartCrowd<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite the adverse effects of the pandemic on the hospitality industry, the market for holiday homes is thriving and occupancy and higher nightly rates are up by 124%. A clear indication that buy-to-let properties generate higher returns (between 40%-60%) than properties for rent. With the official launch of Expo 2020 in October, tourist numbers are [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7957,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[125,126,9,32,127,128,11,129,130,16,17,131,132],"class_list":["post-7954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-investment","tag-downtown-dubai","tag-dubai-marina","tag-dubai-real-estate","tag-dubai-real-estate-market","tag-holiday-homes-dubai","tag-holiday-rental","tag-invest-in-dubai","tag-luxury-holiday-homes","tag-palm-jumeirah","tag-properties-for-sale-in-dubai","tag-property-management-companies-in-dubai","tag-vacation-rental","tag-visit-dubai"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>4 tips to maximize your holiday home\u2019s profits in Dubai for 2021<\/title>\n<meta name=\"description\" content=\"The market for holiday homes is thriving and occupancy and higher nightly rates are up by 124%. 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