Annual budget
Set aside 1–1.5% of property value a year. For a AED 1,638,000 unit in Business Bay that is a realistic reserve for AC servicing, plumbing, white goods replacement and repainting between tenancies.
Short-let adds
Hosted units need deeper cleaning cycles, linen replacement roughly every 12–18 months and faster wear on soft furnishings — budget an extra 3–5% of revenue.
Business Bay at a glance
Business Bay is the canal-side business district minutes from Downtown and DIFC. Buying sits at AED 2,100 per sqft — roughly AED 1,638,000 for a standard one-bedroom — while long-term tenants pay about AED 95,000 a year. Hosted as a licensed holiday home, the same unit averages AED 547 a night at 78% occupancy, around AED 155,731 gross. Owners on our managed programme average AED 214,909 — a 38% uplift.
