THE DUBAI CO-LIVING MARKET

The Co-living in Dubai is predominantly operated by non-professional rent-to-rent operators, extremely fragmented and targets a diverse demographic.

The Co-living sector is an inelastic industry with low overheads, a diverse client base, and a product which unlike the holiday rental market, is not over-supplied. Co-living provides higher returns per square foot compared to typical residential models and taps into an almost unlimited market when operating in large cities. Our objective is to acquire land to develop purpose-built co-living accommodation or by repurposing conventional residential and commercial spaces.

“The corporate holiday homes market in Dubai is fragmented and relatively inflexible, with a diverse clientele predominantly aged between 25 and 45 years old. This segment caters mainly to business professionals and temporary residents seeking short-term, high-quality accommodation options.”

The Dubai Co-living market is worth AED 5.35 billion per year. Big cities will continue to attract young populations from home and abroad. Those people will need an affordable place to live.

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