Costs · Dubai Marina

Property Insurance in Dubai Marina

What landlords in Dubai Marina should insure and what it costs.

Price per sqft

AED 2,400 per sqft

1-bed rent

AED 115,000/yr

Gross yield

7–8%

Short-let occupancy

84%

What to cover

Building cover usually sits with the owners' association. Owners should hold contents and landlord liability — roughly AED 800–2,500 a year for an apartment in Dubai Marina, more for a furnished short-let unit.

Short-let specifics

Holiday-home operation needs a policy that explicitly covers paying guests. Standard home policies exclude it, and platform guarantees are not insurance.

Dubai Marina at a glance

Dubai Marina is waterfront high-rise living with the strongest short-let performance in the city. Buying sits at AED 2,400 per sqft — roughly AED 1,872,000 for a standard one-bedroom — while long-term tenants pay about AED 115,000 a year. Hosted as a licensed holiday home, the same unit averages AED 662 a night at 84% occupancy, around AED 202,969 gross. Owners on our managed programme average AED 280,097 — a 38% uplift.

Frequently asked questions

Is insurance mandatory in Dubai?

Not for owners, but mortgage lenders require life and property cover.

Does Airbnb cover damage?

AirCover helps but is not a substitute for a landlord policy covering short-term letting.