Corporate News
DUBAI’S HOLIDAY HOME SECTOR SEES STRONG GROWTH
24 Oct 2016, Dubai, UAE
Dubai’s holiday home sector is going from strength to strength, with the latest figures released by Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) revealing a total of 1,805 approved units to date, benefitting both homeowners and visitors to Dubai. This growth is being driven by effective government regulations designed to increase competitiveness, transparency, safety and standardisation, and comes on the back of Dubai Tourism’s decision earlier this year to allow private homeowners to apply for a holiday home permit and start leasing their properties directly.
Dubai’s holiday home sector is going from strength to strength, with the latest figures released by Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) revealing a total of 1,805 approved units to date, benefitting both homeowners and visitors to Dubai. This growth is being driven by effective government regulations designed to increase competitiveness, transparency, safety and standardisation, and comes on the back of Dubai Tourism’s decision earlier this year to allow private homeowners to apply for a holiday home permit and start leasing their properties directly.
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