Complete Guide: How To Rent Your Property Out In Dubai
All you need to know about short term rentals in Dubai, initial stages, property management and more.
If there’s one thing Dubai has succeeded in achieving, it’s an accommodating mix of passionate tourists, homeowners and up-and-coming holiday rentals to complement its immense potential.
As a global attraction for holidaymakers, Dubai has been at the top of the list for offering a range of holiday apartments and villas for rent in Dubai. Among the main reasons, the city’s array of collections stands out is due to their fully furnished layouts, all-inclusive bills and high accessibility.
What is a Short-Term Rental?
Monthly Short-term property rentals in simple terms are fully furnished apartments or villas for rent accompanied by all-inclusive bills such as Hi-Speed Wi-Fi and DEWA, and an A-Z approach to holiday experiences.
Fully furnished rentals also include an equipped kitchen, set up in a ready-to-move layout. Short-term rentals also offer flexible contracts ranging from daily, weekly or monthly stays. Since their primary steps into the market, brands like Airbnb, Booking.Com and Vrbo have collected an insane amount of revenue from just the short-term rental strategy.
Who can be a Holiday Home Operator?
In order to market your home; be it an apartment or a villa, one must be registered with the Dubai Department of Tourism and Commerce Marketing (DTCM). Visit Dubai Tourism and register your apartments or holiday villas in order to market them as holiday homes. To obtain a tourism license, owners would have to submit relevant documents alongside a registration fee.
Alternatively, landlords can also choose to work with existing DTCM license operators to effectively manage their property.
A Few Pointers for Vacation Rental Management in Dubai :
Despite the obvious potential and advantages of short-letting your property, short-term rentals can pose a few hurdles, more importantly, if you don’t pay attention to local regulations. Dubai Tourism and Commerce Marketing (DTCM) sets forth particular rules and restrictions for everyone in the hospitality industry. If you’re a private homeowner, here are a few key points to remember:
- Landlords must obtain a tourism license
- Homeowners can acquire permits for up to 8 properties
- Submit all relevant documentation
- Owners must rent out entire units
- Units must be approved by DET (Department of Economy and Tourism) prior to listing
In order to avoid getting caught up in mishaps or unwanted penalties, it is definitely a good idea to familiarize yourselves with Dubai Tourism Law
Visit Dubai Tourism for an in-depth guide on Holiday Home regulations.
Popular Areas for Short term Rentals in Dubai
Dubai has been an eclectic mix of vibrant cityside communities to the peaceful suburbs. Depends on your vacation goals, size of occupancy and desired layout.
The region’s sweetest attraction point is its versatile set of entertainment outlets. Home to a few thousand nationalities, Dubai Marina is a popular holiday destination – simply because of the high-end experience, it offers along with convenient accessibility to prime areas of Dubai.
Many holidaymakers here for short trips or staycations tend to opt for fully furnished one bedroom apartments overlooking endless views of the Dubai Marina.
Adjacent to the Marina neighbourhood, Jumeirah Beach Residence or JBR, is a peaceful yet lively hub of attractions including beaches, fine-dining outlets as well as, and several sporty events. Here tourists and residents, will not only find exotic cuisines but also high-quality wellness facilities, vibrant nightclubs and easy access to the Dubai Metro.
The Palm Jumeirah has been highly regarded as an island-inspired community, famous for its independent villas with private pools. The Palm offers its very own set of lifestyle opportunities, retail and Food and Beverage outlets. 3 to 5 bedroom holiday villas with a private pool for rent are among, the destination’s most sought-after staycation options.
Managing a single property, let alone multiple units can be a handsome responsibility to take on. Managing a rental property can be not only time-consuming but also a complete hassle. Every rental be it short-term or long-term requires going through a set of procedures including acquiring permits, registrations, and so on.
We at Deluxe Holiday Homes, endorse clients with a specialized team to oversee short term property management from the initial stages of acquiring permits to all marketing activities including listing your property for rent, photoshoots, and turnkey furnishing. This A-Z property management package ensures homeowners can finally go through a hassle-free process and also witness a larger Return on Investment from one of the best holiday home companies in Dubai.
Read More: FAQs for landlords in Dubai