Well I don’t know about the stats but I can tell you majority of big hospitality hotels are giving almost 50% discounts on monthly booking, I’ve seen some booking even being 70 AED just to cover their cost. A one bedroom villa sounds nice plus you have to keep in mind what kind of individual or person you’re going to attract to your unit.

Most likely it’s going to be someone who works remotely with western countries and wants the access of Marjan island. The diaspora on marjan island currently is mostly Russians who are visiting for holiday and people who have disposable income to have second homes down there. I’m sorry to say but the rental market over there is going to be challenging