Annual budget
Set aside 1–1.5% of property value a year. For a AED 2,964,000 unit in Palm Jumeirah 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.
Palm Jumeirah at a glance
Palm Jumeirah is Dubai's ultra-prime beachfront address of branded residences and signature villas. Buying sits at AED 3,800 per sqft — roughly AED 2,964,000 for a standard one-bedroom — while long-term tenants pay about AED 190,000 a year. Hosted as a licensed holiday home, the same unit averages AED 1,093 a night at 86% occupancy, around AED 343,093 gross. Owners on our managed programme average AED 473,468 — a 38% uplift.
