Wonder how much your property could earn on Airbnb in Dubai? Use Homevy’s free calculator to get a quick estimate based on location, property size, and amenities.
Calculate Your Airbnb EarningsWe get it. You don’t want to set up a property for Airbnb without first understanding how much you can make from it. Let’s fix that.
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Seasonal fluctuations are a huge determinant of your Airbnb rental income. Popular tourist destinations have higher demand (and premium rates) during holiday seasons. On the flip side, off-peak seasons often come with a drop in bookings and lower pricing.
Homevy’s Edge: We use these patterns to adjust our pricing strategy and marketing efforts throughout the year.
Major events in your property location play a part in your earnings. Festivals, workshops, sport events, and concerts ALWAYS increase demand for short-term rentals. During these periods, you’ll enjoy fuller occupancy and make more money.
Homevy’s Edge: We create partnerships with event organizers and offer special packages to help you attract more guests during high-demand times.
This is the most important factor that determines your short term rental earnings in general. Properties in city centers, popular attractions, or highly sought-after neighborhoods command higher rates and enjoy higher occupancy.
But not only that. Proximity to public transportation, malls, restaurants, and relaxation venues can also increase your property's appeal.
If your property is in less central locations, we’ll complement it with unique amenities and experiences, luxury furnishing, and other specific traveler needs.
Homevy’s Edge: If your property isn’t located in a “highly-sought” neighborhood, we go the extra mile to bring the furnishing up to standard and make it super enticing to guests. This ensures that regardless of location, your property is positioned to get guests ALWAYS.
Larger properties or those with unique features (like a pool or stunning city views) get higher bookings, and at a premium price. However, smaller properties in prime locations are also highly profitable due to higher occupancy rates. The more amenities you can offer, such as Wi-Fi, parking, swimming pool, or a fully equipped kitchen, the more you can charge a premium price.
Homevy’s Edge: We always capture your amenities and unique selling points. Also our listings accurately represent what guests can expect. This goes a long way in maximizing your bookings and positive reviews.
Oh yes. Your management strategy plays a key role. If you don’t respond to guests promptly or the apartment isn't properly maintained, you risk losing potential guests and getting negative reviews.
Homevy’s Edge: At the core of our management strategy is hospitality. We go above and beyond to communicate with guests, respond to their needs, and keep the property in the best conditions at all times.
Can you just furnish your rental property with a functional sofa, TV, kitchen equipment and a bed? Hmmn. You guessed right. No. The more exceptional your property is, the more guests will be attracted to book it. And the more guests book, the more the money printer goes brrrrrr. You get the vibe.
Homevy’s Edge: During onboarding, we always double-inspect every property to ensure it has the best amenities to attract guests and repeat bookings. If it doesn’t, we work closely with you to create more amenities.
Pricing can be a double-edged sword, or the sword that brings you money. This is what we mean. The pricing strategy for your short term rental should always be at the prime of demand and supply. If it’s not, you’ll miss out on more rental revenue.
Homevy’s Edge: We used advanced data analytics and AI tools to automatically optimize the best prices for bookings.
Retention = Repeat bookings = More revenue. A phenomenal guest experience will do two major things. 1 - give you great reviews which will convince other potential guests. 2- give you repeat bookings. Both go a long way in increasing your net rental revenue.
Homevy’s Edge: We put intentionality in everything we do for guests. From the check-ins, check outs and support provided, we go the extra mile so guests can have an amazing experience and leave great reviews.
If you don’t market it, you can’t sell it – said a great philosopher at Homevy. But we’re serious. Good marketing will increase the booking rate of your Airbnb, and well, bad marketing…we don’t have to complete it. You know the result.
Homevy’s Edge:We always create an entire marketing strategy for the rental property of our clients. From listing optimization to more nuanced techniques like SEO, we go the extra mile to ensure your airbnb is properly optimized
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