Dubai's Short-term Rental Market sees Strong Growth

The rise in demand for short-term rental properties is expected to pick up even more speed this year following the formal rollout of new visa policies implemented to spur further global tourist arrivals to the country.

The UAE government has announced new regulations for the holiday homes industry, including a scheme that allows homeowners to rent out their properties for up to 180 days per year at 50% below market value.

The scheme also gives homeowners tax breaks and allows them to keep their earnings from rental income.

Homeowners can now register with the Department of Tourism and Commerce Marketing (DTCM) and rent out their properties either directly or through an agency like BLVD Holiday Homes. The scheme is only available for residents of the UAE, who must have lived in Dubai for at least three years before applying. They can earn up to 50% more by renting out houses as holiday homes.

There is a growing number of UAE residents opting to rent out their properties as holiday homes. The new regulations will make it easier for people to do so, and the demand is increasing.

There are many factors that make Dubai the perfect destination for holiday homes. The city has been recognized as one of the most exciting destinations in the world. It offers travelers a wide range of attractions, including museums, art galleries, shopping malls, and beaches.

Dubai is a popular tourist destination for people from all over the world because it offers so much to see and do. However, many people travel to Dubai with their family or friends and want to stay in a house instead of a hotel room during their vacation. This makes it a great place to buy a vacation home or rent out your property as a holiday rental.