The Dubai Department of Tourism and Commerce Marketing (DTCM) has recently developed a new rental system for self catering hotel units, which will be put into service later this year.
The new system involves the leasing of furnished residential units in specific areas and locations according to certain conditions and criteria issued by the Department. These residential units will be managed by certified companies that operate in compliance with specific terms and conditions issued by the Department.
The new system offers several advantages including providing a new type of residential unit that can add value to the local hotel sector, in accordance with specific standards, guidelines, and safety and security procedures. This system will play a vital role in organising the framework for residential units in the rental market, to ensure regulated and legal operations.
