What you should know about short-term rentals News
Dubai is one of the most ideal cities for short-term rentals. The city is ideal because it has laws that are highly implemented, and the government itself is serious in taking necessary action for whatever circumstances that may arise. This is the advantage that the region has compared to other countries that offer short-term rentals. In Paris for instance, hosts are required to register their properties with the city government and they are only allowed to rent their home for only 120 days per year.
In Amsterdam on the other hand, short-term rentals of 60 days per year would be reduced to only 30 nights annually from 2019. This move for short-term rentals in these European countries are caused by factors like parties that end up in brawls and other illegal activities that take place within the unit. The move aims to prevent such incidents to happen and to protect the peaceful neighborhood. Incidents like this greatly affect a city’s reputation, which directly affects the market for short-term rentals.
This is what makes Dubai an advantageous and ideal city for short-term rentals. Security and implementation of laws are very strict, which highly guarantees any tenant that they are well taken-care off. Holiday Homes in Dubai undergo strict paper work. Personal details, identification documents, title deed are required documents as per the law. An NOC (No Objection Certificate) from the landlord is required for tenants on the other hand.
This fact is an absolute truth that Dubai stands out from the rest of the world when it comes to real estate and tourism. The reputation of Short-term rentals in the region is a testament to the unique real estate market of UAE.
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