01 Nov What to think about when doing Airbnb in Dubai
Over the years, Dubai has earned its name as one of the greatest touristic destinations in the world hosting some of the world’s most luxurious accommodations. According to Bloomberg, Dubai ranks among the top 5 most expensive cities in the world with an average cost of $185 per night for a hotel room. However, Airbnb has made it possible for the independent and budget-conscious traveler to get great accommodation at a reasonable price via their online hospitality and marketplace platform. Functioning as a broker between people seeking to give their homes out for lodging and those seeking lodging.
Like with many other cities, doing Airbnb in Dubai has been made legally possible as per an agreement signed by Dubai’s Department of Tourism, Commerce, and Marketing and Airbnb. There are still a couple of things to take into consideration when doing Airbnb in Dubai. Some of these are discussed below.
- Rules for renting out your place
When doing Airbnb in Dubai, the first thing to take into consideration is the fact that there are rules governing Airbnb in Dubai. Remember that it has not been long since Airbnb became legal in Dubai. So, there are few things to know.
First of all, all homeowners who wish to do Airbnb in Dubai must first of all register for a permit via the Department of Transport, Commerce, and Management (DTCM) website. If you are a landlord, then this is pretty easy. If you are a tenant, then the process becomes slightly complicated. Because you are renting the house you wish to list on Airbnb, you, first of all, have to acquire a No Objection Certificate (NOC) from your landlord, before you can go ahead to register on the DTCM website.
- What to rent out
Okay, if you are successfully registered on the DTCM website, then, you are free to list your place on the Airbnb platform. When listing your place, you should note that it is impossible to rent a single room. Obtaining the permit from the DTCM can only be possible if you are looking to rent out your entire property. So, it is impossible for you to stay in one room and give out another or rent out single rooms to different people.
- Dubai Home Rental Regulations
If you choose to rent out your property via Airbnb and you have successfully acquired a DTCM permit, then, you are now a host. As all hosts in Dubai, you are expected to know your responsibilities. That is why it is important for you to familiarize yourself with the Second Edition of the Dubai Home Rental Regulations as it carries a number of stipulations that are applicable to hosts. Among these are stipulations that require hosts to provide a round-the-clock helpline, make first-aid kits readily available and make sure their lodging complies with Health and Safety Standards.
It also requires that an emergency contact through which clients can contact their hosts is made available. Hosts must also provide English and Arabic versions of the procedures to be followed in case of an emergency.
- DTCM Fee for Tourists
Once you are familiar with all the aforementioned points, then, you are set to become an Airbnb host. There is, however, one last thing which you must do. When setting the fee for your lodging, make sure you include the DTCM Tourism fee which is AED10 and AED15 for each Standard bedroom and Deluxe bedroom respectively. This fee goes to the DTCM – you can think of it as their own commission for permitting you to do business.
There are a lot of other things to be taken into consideration when doing Airbnb in Dubai to avoid getting into unwarranted trouble. However, these are the most prominent and basic considerations which should be taken care of before beginning your Airbnb journey!