The market for short-term letting is therefore growing in Dubai. Despite the controversy over short-term accommodations, more tourists use them while being in the city, and sometimes people decide to rent a short-term accommodation. Flexibility and potentially higher profits work in the homeowners’ favor. Thus, we have provided a guide on short-term property rentals in Dubai as a reference.
What does short-term rental in Dubai mean?
In Dubai, homes that are rented out every month, weekly, or even daily are categorically called short-term rental homes. These apartments are generally fitted with relevant services like; internet, water as well and power.
Holiday homes are accommodations rented out for a short period in Dubai. These units are individual villas or apartments in residential or composite buildings for residential and commercial purposes. However, let me emphasize that there is a simple condition one must adhere to when it comes to short-term rental properties in Dubai: The whole of the property or the premises, whichever one deems Shares to be an apartment. Here is how you can apply for or alter a vacation home permit in Dubai.
In Dubai, short-term lets are fully equipped and add special services to accommodators, such as housekeeping service, parking service, washing service, fitness center and swimming pool, TV and internet service, home cleaning services, etc.
Note: The central responsibility of the hotels, or the hotel apartment buildings, is that they cannot rent out their apartments as holiday homes, as per the Dubai Department of Economy and Tourism.
Who is staying at the short-term rental unit?
Tourism in UAE, especially in Dubai, has been on the rise; therefore, short-term rentals are on the rise as well. The ‘home away from home’ concept has been in the selling strategy of hotels for quite some time now. Dubai short-term accommodations, however, are just as comfortable, if not at times better, then hotels. Short-term rental houses in strategic locations within the Emirate of Dubai remain fashionable and flashy resulting from their cheap prices, proximity to most viewed touring spots, and reasonable access to public means of transport.
Short-term lets are preferred by families enjoying their holidays in the city, mid-career business persons, and consultants. Thus, these apartments offer more self-sufficiency and a home with all the furnishings compared to hotels.
Advantages of short-term rentals
Short-term rentals in Dubai are beneficial for tenants and landlords, alike.
Benefits of short-term rentals for tenants
Dubai has executive apartments that are fitted with all amenities, and short-term renters can get them fully furnished. To say the matter differently, Shohreh does not feel the expenses and hassle associated with decorating a temporary lease.
Benefits of short-term rentals for landlords
In the case of short-term lease of property, there is higher earning for landlords and property owners as compared to long-term lease agreements. This is because they have the advantage that they can lease their land for as long as they so desire. Moreover, due to fluctuating demand which varies with the seasons, landlords of units that are let on a short-term basis can up their rental incomes.
Short-term lets are not limited to the terms of a lease hence landlords can make good use of their properties when under the short-term let category.
Laws for short-term rentals in Dubai
While LT rental agreements fall under the charmed jurisdiction of DET, ST rental agreements fall under the jurisdiction of the Ejari system.
Insert from Dubai: permission and approval from DET is mandatory before one is allowed to sublet apartments to short-term occupants. Apart from registering personally as an individual operator on the DET website, homeowners in Dubai can also contract licensed operators to help him or her apply for a permit to use the property for short-term rental purposes.
Even the tenants are allowed to sublease (let out their property) temporarily if they possess the no-objection certificate of the property’s owner.
Registration and Permit
The individual operators including the landlords or the tenants have to first sign up and they can do this by following the link, Department of Economy and Tourism. It is possible to achieve this by signing up a “Homeowner” account under the Vacation Home Section.
Who should be contacted for more information on short-term leases in Dubai?
If you would like more information on short-term rentals in Dubai, the Dubai Economy and Tourism Department has a hotline at 600-555-5559. You may also send your queries, through email, to info@visitdubai.com.
With this, we come to the end of the guide on short-term lettings in Dubai. DirectSB can be used by owners who want to lease their property in Dubai to market rooms for rent. Furthermore, any person who wants to rent a house in the UAE can find this list of apartments for rent in Dubai.
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