Dubai is our destination during the mid-term break.
Turks who come to Dubai during school breaks start asking themselves, "I wish I owned a house here," after experiencing the city for a few days. Visits that begin as vacations are gradually turning into serious investments...
School holiday periods mean a significant increase in not only tourism activity but also in housing investments for Dubai. This study evaluates the shift in Turkish investors' interest in Dubai during this period.Angelshine Property Founder Betül Işık pointed out that the line between vacation and investment is becoming increasingly blurred.
"A visit that started as a vacation is turning into an investment plan."
Betül Işık, noting that the primary motivation for Turks coming to Dubai during the mid-term break is mostly vacation, summarized the most common situation they encountered in the field as follows: “Many people come saying 'I came to vacation.' However, after experiencing Dubai for a few days, the following question inevitably arises: 'What would it be like to have a house here?' The scenario we experience most often is that a visit that starts as a vacation turns into a project tour, and then the project tour turns into a serious investment plan.”
1+1 and holiday home concepts are gaining popularity.
Stating that investor interest is concentrated in certain housing types during school break periods, Işık listed the most sought-after options as follows:
Highlighting that investors no longer want "empty houses," Işık said, "They are turning to houses they can both use themselves and generate rental income from when they are not in use."
"A sunny, safe, and child-friendly city"
Betül Işık also touched upon the factors that increase Dubai's appeal for Turks during school breaks, stating that climate and living comfort are particularly decisive factors in the preferences of families: “While it's cold in Türkiye during school breaks, Dubai is sunny. Besides that, security is very high; it's a city where you can comfortably travel with children. Entertainment, shopping, and the sea are all available. Families with children, in particular, feel truly comfortable in Dubai; everything is planned, organized, and comfortable.”
“The first question is clear: What will this house bring me?”
Işık emphasized that Turks who come for vacation and consider investment are now acting much more consciously, noting that the most frequently asked questions focus on financial returns: “The first question is usually very clear: 'What will this house bring me?'Then questions arise about the monthly rental income, how many years it will take to pay for itself, and whether it can be rented out if there are no investors. So it's no longer just about buying a house, making a smart investment They want it.”
Short-term rent, long-term value appreciation.
Betül Işık stated that purchases made during school break periods include both short-term and long-term goals, and said that Dubai is one of the rare markets that can offer this balance: “Investors generally say the following: 'I'll rent it out in the short term, and it will appreciate in value in the long term.' Dubai is a very advantageous market in this respect. It is strong in short-term rentals, and also provides reliability in the long term.”
"Dubai is no longer just a holiday destination."
Stating that the perception of Dubai is rapidly changing for Turks, Işık concluded his remarks as follows: “Previously, people would say 'Let's go to Dubai for a holiday,' now they are talking about 'Should we buy a house in Dubai?' Mid-term holidays are also periods when this transformation accelerates. People come, see, experience, and in the end they say: 'If I come here every year, why shouldn't I have a house here?'"
Kaynak: HORECA TREND and Angelshine Property
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