08/04/2026
I own 9 Airbnbs in Dubai. My short-term rental revenue is down roughly 50% compared to the same period last year. That's not a projection. That's my actual portfolio.
I've moved most of my units to monthly rentals while this plays out. Not glamorous. But it's what the data tells you to do.
Here's what infuriates me when I talk to other owners right now: people are seriously considering signing long-term contracts to "lock in income." That is one of the worst decisions you can make in this market and I'll tell you exactly why.
Sign a long-term tenant today at 20-30% below your previous rent. That tenant sits in your apartment for 2-3 years. Dubai tenancy law makes removal nearly impossible unless you're selling or moving in yourself. When the market recovers - and it will recover - you're still collecting your depressed 2026 rate while the rest of the market has moved on without you.
Monthly or short-term keeps your exit open. Take the short-term pain.