Holiday Homes in Dubai opens your doors and welcomes your tenants, now!
Holiday Homes in Dubai are now showing rapid and palpable daily rate ever since it became known not only in the UAE but all over the world as well.
Through the years, the rates are changing and increasing reasonably in holiday homes. In Dubai, wherein the tourism rate is high, these holiday homes just become the answer to the tourists’ need for a place to stay in. The growth of vacation holiday homes in Dubai is expected to reach the level of the hotel sector soon.
This rapid increase of holiday homes demand can actually give consequences to hotel properties, according to Knight Frank.
If you are familiar with Airbnb, the leading when it comes to the provision of short-term stay business, share hosting in Dubai accumulates 4,200 of active listings – 24% are private rooms and 6% are shared rooms, and the rest are entire homes. Under the Dubai legislation, shared hosting is actually permissible, which is why holiday homes are eminent in the country.
During peak seasons, holiday homes dilute the hotel sector’s supply. In this case, hotels restrict their capability to price higher during these seasons to match the market and incremental cost that holiday homes can give. Hence, this imposes some kind of threat to the hotel sector, knowing that the demand for holiday homes is getting higher yearly.
Indeed, there are valid reasons why you can opt for holiday homes, instead of booking a hotel – with just a click of your hand, a bit of browsing in an app on your phone; you’ll already be able to lease the holiday home that you prefer.
With that being said, operators are needed to manage these holiday homes. The occupancy level that these homes can give is about 70% to 80% and still drives the value needed, in spite of not having concrete instruction according to the law.
Consequently, top holiday homes companies in Dubai, like us, Key One Holiday Homes, are doing our best to accommodate all the needs and requirements of our tenants and leasers. We always aim to make things easy and convenient for our customer, in the hopes of making their vacations fun and enjoyable. Through our help, you can guarantee that you will have the best holiday home here in Dubai.
Source: https://gulfnews.com/business/property/dubai-s-holiday-homes-put-up-the-welcome-signs-1.1909594