Launching a turnkey Holiday Home rental business in Dubai

Selecting an object for rent, choosing a strategy and obtaining initial approval from the Dubai Economic Department

• It's worth remembering that starting a Holiday Home business in Dubai is not that easy a task. You will have to complete several steps and understand many aspects of this business and UAE legislation.
• We will help you understand the characteristics of the audience, market trends, including supply and demand for apartments in various areas of Dubai. Identify popular tourist areas and peak seasons.

• High check $$$
  Downtown, Dubai Marina, City Walk
• Average check $$
  JLT, Al Barsha, DIFC
• Low check $
  International City, JVC, Nad Al Sheba

• Identify high-traffic locations, popular tourist destinations, and business districts.
• Let's look at different business models that are right for you.
• We will provide information about cultural and religious features that may affect your business, as well as give a detailed description of your target audience in each area.
• We will collect all the necessary documents and help you get initial approval in DED.

Rent of premises and Ejari, registration of the company, obtaining a license in DET, obtaining Residence permit and EID for the founders

• Completed application forms issued by the DET Department
• A copy of the certificate of ownership or the contract of sale and the certificate of completion of payment (PCC)
• Emirates ID of the property owner
• A copy of the trade license, if the owner of the property is a company
• Emirates ID of the authorized person
• Written confirmation of property management according to the sample provided for download
• The latest bill from the Dubai Department of Electricity and Water Supply (DEWA)
• Tenancy contract for an individual tenant

• We will offer 3-4 trusted realtors, help with the choice and take over the legal and bureaucratic procedures for renting premises
• We will collect a package of documents, register the company with the Dubai Economic Department, and get a Trade License
• We will get a license and approval from DET
• We will get a residence permit and Emirates ID for all founders
• We will make an Establishment Card and register the company with the Ministry of Labor
• We will prepare everything for hiring and obtaining a residence permit for all employees

Opening a bank account

• We will accompany you during all AML/KYC checks when opening a bank account, we will help you make the acquiring.
• Our team is ready to take on all the tasks of collecting documents and communicating with banks. And if necessary, we provide real Ejari/Tenancy contract, recommendations from local contractors, business plans and other documents for bank requests.

Hiring staff, recommending contractors, launching marketing activities

• We will consider and offer cooperation with experienced real estate management companies that can handle key aspects such as: check-in, check-out and service requests on your behalf.

• Connecting to DEWA and EMPOWER services

  You will need to deposit about 15,000 AED (security deposit – refundable security deposit)

  3-7 days
• Obtaining a residence permit for all employees*

  * If you hire your own employees, we recommend that you start hiring 1 month in advance

• We will conclude contracts and connect you to Empower and DEWA utilities
• We will close all bureaucratic issues with employment and obtaining a residence permit for staff
• We will select trusted contractors to provide hospitality services
• We will advise on the launch of marketing activities
• We will register the company with the tax authorities and, if necessary, we will conduct accounting department (learn more)