Is Airbnb or short-term letting profitable on Palm Jumeirah?
Yes — Palm Jumeirah is one of Dubai’s *most lucrative short-term rental markets. With daily rates between **AED 1,000–5,000+*, especially during peak tourist seasons, the ROI can outperform traditional long-term leases.Key factors:High tourist traffic to Atlantis, The Pointe, etc.Global events like COP28, Formula 1, and Expo tourism spillover.High demand for 2–3 bedroom beachfront holiday homes.Licensed holiday home operators make management easy.Estimated ROI: 7%–10% net annually for well-managed, sea-facing units.