Dubai tenants will be able to sublet their homes form May
According to new set of rules by the authorities, the tenants living in the city of Dubai will be allowed to sub-lease their accommodation from the month of May 2016.
The new Dubai regulations, which were issued by Dubai's Department of Tourism & Commerce Marketing (Dubai Tourism) in the previous month, will allow both homeowners as well as tenants to apply for a holiday home licence without requiring an approved Dubai Tourism operator. Under the new rules, when the homeowners or tenants get the licence, they will be allowed to third parties on a short-term basis, which can be less than one year.
Dubai Tourism's Online Permitting System will allow homeowners or tenants to submit and update information, pay fees, schedule inspections, track the status of their application, and print their final easily online at any time. The rules states that a Holiday Home is classified as a furnished accommodation that is provided for rent as a whole unit on a daily, weekly, monthly or annual basis without the issuance of an Ejari regulated tenancy agreement and must be registered with DTCM through licensed operators or individual homeowners or tenants.
Meanwhile, Dubai Tourism has entered into an agreement with community-driven hospitality company, Airbnb to encourage responsible hosting and help grow and diversify tourism in the city.
New Zealand News
- Porsche reportedly developing electric version of 718 sports car
- Tesla Model Y Performance becomes little bit more expensive to order in China
- Porsche’s recently unveiled Mission R Concept previews electric race cars of future
- Chinese manufacturer GAC’s Aion V e-SUV can charge 0-80% in just 8 minutes
- Oshidori International exits Japanese casino race, citing serious ethical irregularities
- Italian motorcycle racer Valentino Rossi enters e-bike business with VR46 MTB range
- Micro Mobility shows off production version of Microlino 2.0 and 3-wheeled e-scooter
- Chinese electric motorcycle maker Evoke Motorcycles to set up shops in Spain
- TenneT adds more electric BMWs to study use of EVs to support power grids
- Italy’s ASPI announces plans to install cross-country ultra-fast EV charging network