Dubai steadily up in Airbnb pricing

Dubai is among the five most expensive cities in the world in the Airbnb ranking.

Dubai, UAE. Dubai is one of the five most expensive cities in the world in terms of short-term rental housing on the Airbnb website, according to a study by Bloomberg. The average cost of renting a home per day in Dubai is US $ 185. Thus, the emirate missed forward on such tourist destinations as Miami, Boston, Reykjavik and Tel Aviv.

The Airbnb platform currently offers access to over 6,000 short-term rental properties. On average, each apartment earns US $ 2,400 on this service and is rented out for 22 nights a year. At the same time, supply is growing in areas remote from the beach, such as Sports City, Jumeirah Village Circle, Production City, Greens, Tecom and Business Bay, where housing is more affordable.

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