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input: Dubai Ruler approves new law to regulate short-term holiday homes, Airbnb

Dubai Ruler approves new law to regulate short-term holiday homes, Airbnb

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has approved a new law to regulate short-term holiday homes in the emirate.

The new law will come into effect on March 1, 2023, and will apply to all short-term holiday homes, including those listed on platforms such as Airbnb.

According to the new law, short-term holiday homes must be licensed by the Dubai Department of Economy and Tourism (DET). To obtain a license, operators must meet certain requirements, including:

* Having a valid trade license in Dubai

* Registering the property with the DET

* Obtaining approval from the relevant业主协会 (OA) or building management

* Paying a licensing fee

The new law also sets out a number of rules and regulations for the operation of short-term holiday homes, including:

* Operators must display the property’s license number prominently on the listing and in the unit itself

* Operators must ensure that the properties are clean, safe and well-maintained

* Operators must not cause any noise or disturbance to neighbours

* Operators must cooperate with DET inspectors and provide them with access to the properties

Failure to comply with the new law may result in fines or other penalties.

The new law is part of Dubai’s efforts to regulate the short-term holiday home market and ensure that it operates in a fair and transparent manner. The law is also expected to help to protect the rights of both operators and guests.output