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Dubai Tourism says it has seen holiday homes become an increasingly significant component of tourism industry
Dubai approves 37 operators for new holiday homes market
Ruler of Dubai, Sheikh Mohammed bin Rashid al-Maktoum issued a decree to set out regulations for the creation of a holiday homes market in December. (AFP/Getty Images)
By Staff writer
Fri 28 Aug 2015 09:03 AM

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A total of 37 operators are now licensed to rent out holiday homes in Dubai since the emirate's ruler issued a law governing the sector in December 2013.

The Department of Tourism and Commerce Marketing (Dubai Tourism) said it has seen holiday homes become an increasingly significant component of Dubai’s tourism industry, with close to 800 units registered in the holiday homes system.

As a result of the decree, visitors booking their accommodation through licensed operators can be confident that the accommodation they have chosen has been classified in line with global best practices, Dubai Tourism said in a statement.

With the ultimate goal of contributing to the growth of Dubai’s tourism industry by broadening the range of accommodations available to visitors, the holiday homes market plays an important role in realising the emirate’s Tourism Vision for 2020, which aims to welcome 20 million visitors per year by the start of the next decade, it added.

Dubai Tourism said holiday homes also benefit Dubai’s real estate market by providing a potential revenue stream for property owners wishing to rent out on a short term basis.

Khaled Bin Touq, executive director, Licensing & Classification Sector at Dubai Tourism, said: “We have made great progress in setting up regulations for holiday homes. These are designed to benefit both home owners and guests, by ensuring the holiday homes market is aligned with the rest of Dubai’s tourism industry and maintains the high standards for which the emirate is known.

"Visitors can choose from a wide range of holiday homes throughout the city, knowing that the property and operator are fully licensed and will meet all of their requirements. We therefore urge all operators and owners renting out holiday homes to ensure their properties are licensed through Dubai Tourism in order to benefit from being part of Dubai’s tourism framework and from the city’s increasing number of visitors.”

Dubai Tourism defines the standards that must be met and procedures to be followed in order to receive a holiday homes licence. It also approves or denies licence applications, conducts property inspections to ensure they meet the required standards, and creates a database of all licensed establishments in the emirate.

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