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Tenants can now lease home to guests in Dubai

Under new regulations governing holiday homes, tenants who are renting a property can lease their accommodation to guests with a short-term permit if they receive a no-objection certificate from their landlord and meet requirements set by Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism). Additionally, Dubai Tourism’s new regulations will allow private home owners…

Damac launches Akoya Oxygen hotel spa villas for $462k

Luxury real estate developer Damac Properties has launched an exclusive collection of hotel spa villas in the heart of its Akoya Oxygen master development. The limited edition hotel villas come standard with a private garden spa, providing a choice of jacuzzi or sauna, and are fully furnished, in addition to being serviced, the company said…

Mauritius tempts UAE property buyers with an exotic life

The African island of Mauritius has become the latest exotic destination to attempt to attract investors from the UAE. Tucked away behind the main stands at the recent Cityscape Abu Dhabi, Royal Park, a planned new resort covering 100 hectares close to the Mauritian capital of Port Louis was pitching its development to UAE buyers….

Dubai Tourism eases holiday home regulations

Home owners in Dubai will be able to rent their properties directly without having to go through an approved operator after the emirate’s tourism agency updated regulations. Home owners in Dubai can now apply for a holiday home licence if they meet all criteria, Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) said. They…