What are the benefits of a short-term rental strategy for investors?

Market trends indicate a significant increase in demand for short-term rentals. This conclusion is based on a thorough analysis of current market conditions. Dubai, as one of the top tourist destinations in the world, is particularly well-suited for this type of rental. Even during the pandemic, Dubai remained a safe place for tourism and was one of the first cities to reopen for unrestricted visits.

20 million tourists

Approximately 20 million tourists visit the UAE annually, and the UAE government's plans aim to increase that number to 40 million by 2031.

$450 B AED

UAE’s government plans to raise the tourism sector’s contribution to the GDP to AED 450 billion, with an annual increase of AED 27 billion

No 12 Month Commitment

By choosing RAD Holiday Homes, owners receive income of up to 10% per annum on short-term rentals, which is on average 4-5% higher than on long-term rentals, and will not be bound by restrictions such as a 12-month notice period for the tenant to evict. In addition, owning and renting out property in the Emirates of Dubai comes with an additional benefit - no property tax.

What documents do I need to start renting on short term basis?

Documentation requirements:

Copy of individual owner's passport or UAE ID, or for a company, copy of the owner/partner's passport or UAE ID, and license documents or articles of association;
Owner’s Title Deed or Oqood;
Authorization form from DTCM signed by the owner or authorized signatory, with proof of authorization;
Green Bill from Dubai Electricity and Water Authority in the name of the owner.