Why Buy a Serviced Apartment in Dubai?

Serviced apartments are furnished residential units that blend home comforts with hotel-style services and amenities. They typically include a kitchen, living area, housekeeping, utilities, Wi-Fi, and 24/7 security. All under flexible lease terms from a few days to months. 
In Dubai, they are registered as hotel apartments under DLD and regulated by Dubai Economy & Tourism (DETD).

Are you confused between a serviced apartment or your regular apartment? Then you need to see this: - 

• High rental yields (typically 5–7 % annually) and strong capital appreciation in prime zones
• Golden Visa eligibility if investment > AED 2 million.
• Flexibility & convenience: ideal for business travellers, young families, or expats needing temporary housing.
• Adds different benefits: Inclusive maintenance, concierge, housekeeping – no landlord hassle.
• Smart home features are increasingly common (automation, energy efficiency)

Strong secondary market demand from tourists, professional tenants, and short-stay users.

Here are some of the most notable serviced apartment options, with current pricing and location:

• DAMAC Maison Dubai Mall Street 

DETAILS: 1 BR, AED 2.5 million (905 sq. ft.), yield ~5–7 %

• Kempinski BLVD, Downtown

DETAILS: 1 BR, AED 3.3 (814 Sq. Ft.)

• Address Harbour Point, Creek Harbour

DETAILS: 2 BR, AED 1.6 million (1,141Sq. Ft.)

• Artesia DAMAC Hills

DETAILS: 1 BR, AED 420,000

• Palazzo Versace, Culture Village

 DETAILS: 2 BR, AED 4,300,000 (1,685 Sq. Ft.)

• AYS Serviced Apartments 

DETAILS: AED 2 million, eco-friendly and innovative tech-enabled

• One Za’abeel (One&Only style urban resort) 

DETAILS: Simplex & duplex serviced units with shared resort amenities.

• Who Should Consider serviced apartments in Dubai?
• Expats relocating or working temporarily—ready-to-move, no setup, full support.
• Investors looking for steady ROI, short-stay demand, and limited management hassle.

Families or remote-workers wanting space, kitchen, home-like privacy, and fallback to luxury services.
Considering all its benefits is one side of the story because knowing anything also means to know its drawback too, so if you want to invest in any serviced apartment, then you need to mitigate the following factors: - 

• Scrutinize the Operator's Track Record: Don't just accept a big brand name while buying a serviced apartment in Dubai, rather investigate the specific operator's performance history, financial stability, and reputation for managing properties in Dubai. A poor operator can drastically reduce your returns.
• Decipher the Management Agreement: This is a critical document. Pay close attention to the contract length, termination clauses for both parties, and the notice period required. Avoid agreements that are overly long or heavily favor the operator.
• Understand the Fee Structure: Look beyond the headline management fee. Be aware of hidden costs for marketing, reservations, maintenance reserves, refurbishment clauses, and other administrative charges that can eat into your net income.
• Clarity on Owner's Usage Rights: The agreement should explicitly state how many days per year you can use the apartment, the booking procedure (blackout periods during high season), and any associated costs for your own stays.
• Performance Guarantee Clauses: If offered, understand the exact terms of any guaranteed rental return. Is it a net guarantee after deducting all fees? What happens if the operator fails to meet it?
• Beware of "Guaranteed Returns": Treat long-term guaranteed returns (e.g., 5-8 years) with caution. Often, the cost of this guarantee is built into the inflated purchase price. Model the investment without the guarantee to test its true viability.
• Future Capex Liabilities: Inquire about the building's sinking fund for major future repairs (e.g., elevator replacement, facade cleaning). If inadequate, you could face a special service charge assessment.