The new resolution, outlining rules for operators, homeowners and authorized tenants, has been developed to diversify the tourism sector within the emirate
A new guideline for holiday home activity in Dubai has been issued.
The new administrative order outlines rules for operators, homeowners and authorized tenants, who wish to get a vacation home license, a press release said.
The order, issued by Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism), has been primarily developed to diversify the tourism sector within the emirate, and foster competition through transparent operations.
The order clarifies the law of Decree No. 41, introduced in 2013, to control and regulate holiday home activity in Dubai.
The detailed guide, which contains all technical requirements and guidelines for requisite stakeholders, is going to be issued soon.
The guide also will carry details of the operations of a vacation home, the procurement and maintenance of its license, and therefore the rights and liabilities of developers, operators, and homeowners, the statement said.
Holiday home operations began in 2015, and since, the world has witnessed a mean annual growth of 42 percent, with rented housing units growing from 4,738 units in 2018 to 7,005 units in 2019.
According to Khalid Bin Touq, tourism activities and classification sector, Dubai Tourism, the holiday home market of Dubai have witnessed continuous growth over recent years, driven by the increasing demand for good accommodation options from the diverse traveler segments.
In September 2019, Dubai developer Emaar launched ‘Ease by Emaar’, a short-term rental platform for holiday homes, enabling owners in certain Emaar communities to hire out their units as holiday homes to guests.
However, within the days after the launch of the platform, the developer issued a circular which confirmed that from September 19, vacation home rentals wouldn’t be permitted in its Downtown Dubai development.
The decision was made after the management received some complaints from residents on disturbances as well as related inconveniences.