Yes Dubai allows property owners to rent out their units as short term holiday homes through platforms like Airbnb provided they register with the Department of Economy and Tourism. This strategy can often yield 20 percent to 30 percent higher retur…
Yes Dubai allows property owners to rent out their units as short term holiday homes through platforms like Airbnb provided they register with the Department of Economy and Tourism. This strategy can often yield 20 percent to 30 percent higher returns than long term leasing especially in prime locations or communities with resort style amenities like Damac Islands. However it requires more active management and furnishing the property to a high standard.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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