UAE's houza.com Announces Yield Calculator for Investors and Landlords

February 18, 2021
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To help its userbase find the best investment opportunities, UAE-based property portal, houza.com, has added a new yield calculator capability to its search engine. 

The calculator shows landlords and investors their potential yearly net return on a specified residential property, allowing them a more robust option when it comes to selecting a listing to invest in. 

Houza’s Chief Operating Officer Sebastian Ritter, explains:

“In itself, displaying service charges to buyers is exclusive to houza in the region, but combining that with net return or ‘yield’ data is a new level of insight for investors.

“We rolled out trends and transactions data on houza in January, which has been incredibly well-received by both agents and consumers, so we’re expecting the yield calculator to be just as popular. It adds another string to our bow in achieving complete market transparency.”

And the timing for this tool is perfect for the investor market. Ritter explains that the Dubai market is already an investor’s paradise. 

“Dubai has always been a beacon for investment and the Expo this year, coupled with the anticipated influx of investors following recent relations with Israel and Qatar, will be transformative for the market. The introduction of citizenship for foreigners including investors provides a further stimulus for the investor community.

“The timing couldn’t be any better. Having both the transaction prices and yield calculator in place allows us to give enhanced insights to end-consumers and investors alike.”

The tool is powered by REIDIN Data Analytics, a data partner with houza. REIDIN’s services offer long-term visibility on rental price averages, which the calculator uses to more accurately predict revenue on specified properties for investors and landlords. 

General Manager of Aston Pearl Real Estate, Safura Abasniya says: 

“The introduction of the yield calculator is truly a game-changer for the investor and landlord circle. Never before in the region has this information been as readily accessible as it is on houza so we’re excited to be able to showcase this tool to our clients.”

February 18, 2021
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

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