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Why do you need to Consider Short term business?

The real estate market trends indicate that 2021-2023 will see 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 world's top tourist destinations, 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 open up to visitors.

20 million tourists
The success of the "Welcome the Future" campaign for Expo 2020 in 2021-2022 brought in over 20 million tourists and business travelers, leading to a 15-50% increase in rental prices and a growing popularity for short-term rentals
$436.9 B
Short-term rentals are becoming increasingly popular worldwide, as the global revenue from vacation rentals is expected to increase from $302.9 billion in 2017 to $436.9 billion by 2022
No 12 Month Commitment
With short-term rentals, landlords no longer have to worry about long-term annual commitments with tenants. Additionally, the absence of a 12-month commitment makes it easier for property owners to sell their properties.

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.