The UAE as we all know is a tourist magnet, listed by many as one of the world’s leading travel destinations.
If you’re looking to visit the UAE on a budget, then short-term rentals are a comfortable and cheaper alternative to expensive and most often than not, small hotel rooms. While some are fully furnished, most short-term stays also feature equipped kitchens. Not just travelers, serviced short-term rentals are also rented by those waiting for their visas to be able to rent permanent accommodation.
More importantly, the Dubai government is taking steps to ensure that short-term leases are professionally managed and well regulated by passing a ruling in November 2013 that requires owners leasing for less than six months to get a license via the Department of Tourism and Commerce Marketing (DTCM) or face an AED 5,000 fine.
Here’s a guide to Dubai real estate, especially short-term rentals. Take a look at what you can expect to get when you rent a short stay in the city.
1. Fully furnished spaces: Often, short-term rentals are fully furnished and perfect for anyone looking to stay for a few days, weeks or months until they return home and experience the ‘home away from home’ feeling. Most short-term rentals also feature high standards of interior design and furnishings and good locations and common amenities and facilities such as gym and pool.
2. Savings: With online travel expected to only rise over the years, short-term rentals offer a much nicer setting in comparison to the cramped setting of a hotel room. While some may be able to stay in a fancy hotel suite, it is often out of reach for most people. One gets a lot more room in a short-term rental, making it particularly economical and comfortable for families.
3. Location: Hotels may not always be ideal as they are usually located in downtown or tourist nabes, which may not be comfortable if you are in the city on a business trip, for instance. Dubai real estate, especially short-term rentals, is often located in less busy but convenient districts, great for when you want to easily commute to popular hangouts or enjoy a quiet sundowner.
4. Checking in is easy: Worried that booking a short stay may be time consuming? Short-term rental guests can now check in online via the DTCM system with passport copy and contact details.
5. Legally regulated: The government has taken a proactive role in thinking long term about short-term rentals. It is addressing Dubai’s dramatic influx of visitors by bringing Dubai real estate, especially short-term rentals, under the same regulatory structure as hotels. By requiring that all properties are licensed, the focus is now on delivering quality accommodations and service for guests.