Emaar has BANNED residents from using AirBnb in Downtown properties
Recently, Emaar announced that holiday home stays will not be allowed within Downtown Dubai as these short trips are not necessarily favoured by the residents and tend to disrupt the family environment that the area already has.
A notice was posted for residents explaining the news.
“In the recent past, there has been a growing concern as holiday homes have been used for non-residential and non-family oriented activities, impacting the value and neighbourhood spirit of our communities,” Emaar’s community management team told Gulf News.
This means that residents and landlords looking to supplement rental income with the likes of AirBnb and other third-party providers will no longer be able to do so.