UAE-based Azizi Developments, a subsidiary of Azizi Group, has launched sales of BAYT by Azizi in Dubai Sports City, "a new short-term rental home concept through which investors can yield higher returns by having their owned apartments managed and serviced for them."

The UAE’s first real estate investment fund Emirates Reit is securing a 21% increase in rental income during the first quarter of 2017 from one year ago to a total USD12.6 mn (AED 46.28 mn), helped by demand for space at the Index Tower and two of its school assets, Gulf News reports.