Is It Legal To Rent Your Home Out As A Holiday Rental In Dubai?
If you're about to pack up for a holiday, or you travel frequently for work, you could be leaving a piece of prime Dubai real estate empty.
We all know how popular holiday rentals are - in fact you have probably used sites like Air BnB or HomeAway when travelling abroad - but there has always been a little confusion about just how legal it is here in the UAE.
Well, we've spoken to Anna Skigin, CEO of Frank Porter, who explains exactly how to legally rent out your home to holiday makers...
"There was a time not long ago when this business was not legal in Dubai. However, in 2016 the Holiday Homes business was fully legalised by the Department of Tourism and Commerce Marketing (DTCM), resulting in an exponential growth in listings on Airbnb and other platforms," Anna explains.
"A holiday home can be licensed by the owner of a property, or through a licensed ‘operator’. Renters are also able to short-term let, but only with the permission of the owner," she adds.
So what do you need?
According to Anna, the documents required are: "Title Deed, Authorization Form, DEWA Bill and ID copy. The property is then classified as either Standard or Deluxe. For every guest stay (whether paid or free), a tourism dirham amount need to be paid to the DTCM on a monthly basis. The home needs to follow certain DTCM standards for quality and safety."
Although it is not necessary to go through a company to operate a holiday home, the steeper costs and the ongoing operational element can be a deterrent for many. Going through a licensed operator, such as Frank Porter, can save time and hassle while making you the most money.