Real estate developers in Dubai have reportedly been asked to warn landlords against short-term lets or they would face fines of up to AED100,000 ($27,000).
Dubai’s Department of Tourism & Commerce Marketing (DTCM) issued a notice to developers across the emirate, stating: “Your involvement as developers is essential for the ease of implementing the regulation, therefore we would like you to monitor short-term rental operations in your developments and put signage in the buildings entrances informing owners that using their properties as holiday homes is not allowed unless they have the required permits.”
The notice added: “Owners who like to lease their properties on a short-term basis should get their properties registered with the DTCM to ensure that the guest’s transition to the building is smooth and house rules are implemented.”
At the end of April, DTCM issued new regulations governing the leasing of holiday homes to increase transparency.
