From a basic 1 bedroom to a luxurious 2 bedroom
This 112 sqm one-bedroom apartment with two balconies and stunning sea & Palm Jumeirah views was limited by its single bedroom, accommodating only four guests, which restricted its appeal to smaller groups for short-term rentals.
This 112 sqm one-bedroom apartment with two balconies and stunning sea & Palm Jumeirah views was limited by its single bedroom, accommodating only four guests, which restricted its appeal to smaller groups for short-term rentals.
We took a comprehensive renovation project with key improvements:
- Layout Optimization: We reconfigured the existing layout to create a second bedroom
- Interior Design Enhancement: We incorporated high-quality materials and curated a modern, aesthetic.
- Expanded Guest Capacity: The renovation enabled us to increase the guest capacity from 2 to 8
We took a comprehensive renovation project with key improvements:
- Layout Optimization: We reconfigured the existing layout to create a second bedroom
- Interior Design Enhancement: We incorporated high-quality materials and curated a modern, aesthetic.
- Expanded Guest Capacity: The renovation enabled us to increase the guest capacity from 2 to 8
The redesigned apartment, with two bedrooms and a stylish interior, now attracts more families and groups, enhancing its appeal for short-term rentals.
- Increased Revenue: of €73,000 annually from short term rentals. With a net profit of €63,600 after all expenses such as service, utility and management fees,
- Improved ROI: Total return on investment 22% from short-term rent and capital gain.
- Increased Property Value: from €485,000, to €605,000.
This transformation shows the power of thoughtful renovations in maximizing the return on investment for short-term rental properties in the dynamic Dubai market.
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