Short term rentals have become very trendy across Dubai, and we are seeing a growing number of landlords taking advantage of the increase in earnings while transforming their properties into holiday homes. We have also seen the increased changes in recent months where prospective tenants are switching to monthly rent without the tie of a 12-month lease.

With regards to any damages , our company is taking care of it. We do not allow the tenants to live in the property without providing the security deposit which is tend to cover any damages. In case if the deposit is not enough, the Company is taking care of it on our behalf.

At Mira Holiday Home , our occupancy rate is between 80-85% which can vary from the location and the furnishing quality itself.

You will be provided with a detailed financial projection to demonstrate your potential income - we will also compare this to the long term rental market.

We meet all of our tenants in person to conduct passport checks, and we also submit their details to the Dubai Tourism board. Our team will also take a security deposit to cover any damages that may occur during a rental.

Mira Holiday Homes will pay you all your rental profits that you earned the previous month and never delay the payment. Payments will be proceeded on monthly basis.

The highest income which you can see is tend to be between o October and March in the line with the tourist seasons, however, we also try to secure the low seasons with corporates clients or month by month rental clients.

As we operate our own Real Estate Brokerage as well, we can easily coordinate the viewings for your unit. Using short term rentals will also give you some earning potential while your property is on the market and also means it is always well kept, clean and maintained giving you the flexibility for an easy transition once the unit sells.

For every lease and every renewal, we get a contract signed- you will receive a copy of this. Our dedicated team will also inform you of any offers and potential booking advising you of a client profile, how long, and most importantly, the price.

We never let a client check-in without paying their rent in advance, we also meet every client that checks into our properties, meaning non-payment cases are not possible.

We as standard put 30 days in our contact, but the point of short term rentals is that it is flexible and allows you to use your property as and when you need to. We only recommend these 30 days , so it allows your property to perform to its maximum potential.

As per Dubai Torism Commercial and Marketing ( DTCM ), there are specific standards for the properties which are going to be operated as a holiday homes which we would need to follow. It mean that each property should be furnished. We have onsite interior team who can inspect your propery and provide you estimated cost for the furnishings. You will really see the benefits of your investment the longer the property is on the Short Term Rental market. Good quality furniture lasts for years and will keep attracting rental clients if it›s furnished in a desirable and modern trend.

Yes, we recommend furniture being a modern, polished look as this really increases the occupancy rates on a unit. If we are furnishing your unit we have a good idea what our clients look for and what photos we will use in our marketing campaigns - we are experts in choosing the right furniture to increase how attractive your property looks to the prospective short term tenant.

We use an average figure in our financial projections for the bills- we are lucky enough to have great housekeepers who will see how our guests are living. If they notice the utilities being used a significant amount more than necessary, we can notify and address this with the tenants.

Unfortunately, we cannot list on our permit with the DMTC if the SPA states hotel apartment - however, we can aid you with finding a tenant for your hotel apartment using our marketing only short term rental service.

Luckily even if a developer wishes to ban the short-term rentals in that building, they do not have much power to stop the landlord from doing so. Short Term Rentals are regulated by Dubai Tourism who make the rules and the developers do not have enough power to override this.

Yes, we would need all personal items either locked in a separate part of the property without guest access or removed from the accommodation to avoid our guests using or breaking any personal items.