Demand for holiday homes increases in Dubai Tourism

Published on : Tuesday, October 25, 2016

Dubai TourismDubai Tourism said that the city’s holiday home sector is catching up fast. More than 1800 units are now approved and are operational across the city. This sector is on track to develop its capacity to cater to various visitor segments. The growth of this sector is influenced by effective government regulations for increasing competitiveness, transparency, safety and standardization.

This holiday home sector is a new area in Dubai’s flourishing tourism industry, which allows private homeowners to apply for a holiday home permit and lease their properties directly. Since the updated regulations, 109 homeowners have submitted applications for a holiday home permit, of which 39 have been approved. Dubai Tourism expects more growth in this sector. Of these registered homes, Dubai Tourism regularly inspects them to maintain standards, and they have been classified as ‘standard’ or ‘deluxe’ as per their offering. They are spread across the city with the highest concentrations in Dubai Marina, Palm Jumeirah, Jumeirah Beach and Downtown Dubai.

In order to get a license, homeowners need to make sure that their property meets the required quality, health and safety standards and also offer the necessary amenities and guest services, along with insurance coverage and wider community integration. The properties should meet all legislative requirements and properly maintained. This initiative is for Dubai Tourism’s aim to attract 20 million visitors by 2020. These holiday homes are also complementing growing trends in the city’s hotel and hotel apartment segment, ensuring accommodation option for all types of travelers. Dubai has emerged as the world’s fourth-largest destination for tourism and boosted tourism manifold, placing Dubai high on world tourism map. Dubai has increased its hotel capacity to more than 100,000 rooms, and tourist arrivals to more than 14.2 million in 2015 and aims to achieve 134,00 rooms by 2018.

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