Obtain a Holiday Home business license in Dubai, UAE

Obtain a Holiday Home business license in Dubai, UAE - Makebiz

Dubai’s luxurious lifestyle and booming tourism industry are driving demand for the rental and sale of Holiday Homes. Running a business of renting out apartments or private villas for vacation is an extremely profitable prospect for entrepreneurs and investors. 

Holiday Homes are most often apartments with all the necessary furniture or houses rented out to tourists for a short period of time. You can create your own platform to book them or start cooperating with popular online platforms. It is worth analyzing different neighborhoods for accessibility to infrastructure and major attractions. Popular among tourists are Downtown, Palm Jumeirah, Jumeirah Beach Residence, Dubai Marina.

Buying real estate for rent implies full equipment of premises for the comfort of residents and further control over its condition and compliance with safety requirements. Then it will be necessary to obtain a license to conduct activities for rental housing and approval from the Department of Tourism and Commerce of Dubai.

To ensure constant demand, it is worth taking care of the complete comfort of the residents. For example, it is worth taking care of airport transfers, cleaning, tour booking, constant availability of administration, etc. Cooperation with local travel agents and bloggers will help to increase brand awareness. 

So, let’s highlight the stages of registering a company in the UAE:

1. Registration of the trade name of the company.

2. Submission of documents for conducting business and obtaining a license.

3. Obtaining approval from Dubai Tourism and Commerce Authority.

4. Selecting location, purchasing/renting and equipping accommodation. 

5. Opening a corporate account.

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