Holiday homes or villas are a rising trend in the UAE. If you own a house in Abu Dhabi, you may take advantage of this chance by turning your villa or apartment into a vacation residence. With the boom in the tourism sector, holiday homes have become a lucrative opportunity for both established and aspiring business people.
You may turn your house into a vacation rental and benefit from the passive income that goes along with it. You will also have the opportunity to generate employment and significantly contribute to the UAE's expanding tourism sector.
Read More: How to Register a Holiday Villa in Abu Dhabi?
How do Holiday Villas for Rent in Abu Dhabi Impact Your Business?
Assume someone has come to you to find a happy home for spending their vacation
If such a situation occurs, what would you do?
A last-minute run will not benefit your business.
During summer vacation, most people prefer travelling abroad and enjoying the scenic beauty of any holiday home.
While people are thinking of enjoying their holidays, there comes the need for holiday homes.
With the current boom in the tourism sector, giving suitable villas to your customers or clients make you earn a lot of profit. If you are ready to explore more, deep dive into the content.
How can I Convert the Villa or Apartment into a Holiday Home?
If you are curious about renting out your home for holidays in Abu Dhabi, there are a few factors that you should keep in mind before you begin:
To begin with, renting the villas or apartments, you must be the owner of the property that is registered as a holiday home, and the residential unit must be entirely or partially registered in your name.
In addition, you must apply for a permit with Abu Dhabi's Department of Culture and Tourism to register your villa or flat as a vacation property (DCT).
According to DCT, the unit must be an integrated private house or apartment owned by a private owner. Therefore, it cannot be individual rooms.
While reading the above factors, you should also be aware of the 7 things to look for before starting a business in Abu Dhabi.
How Can I Make a Request for a Holiday Home in Abu Dhabi?
Applying for a holiday home permit involves the following steps:
1. Create an Online Account on the DCT Abu Dhabi Website
The first step is to create an online account on the DCT Abu Dhabi website: For creating the account, one should fill in the following criteria.
- Username and email
- Create a password
- Full name
- Date of Birth and birthplace
- Emirates ID
- Passport number and place of issue
- Home address
- Company name
- Company address
- Mobile phone number
2. Log into a New Online Account
Once you have formed your account, click on submit option. Then, go to the homepage and log in with your new online account. Make sure you have the following papers before you begin applying:
- Emirates ID
- Passport number
- Insurance certificate for the home
- Tawtheeq contract (rental contract)
- Tawtheeq number
The application page for the holiday homes access will appear on your account dashboard after you have registered a new account and logged in.
3. Click on the 'Apply for HH permit' Tab
After clicking the 'Apply for HH permit' tab, type your Tawtheeq number and click on 'next'. Once you type the Tawtheeq number, the permit application page will automatically fill in the lessor's full name, nationality, Emirates ID and mobile number.
Once you have verified and checked if the information filled in is accurate, upload the insurance certificate and Tawtheeq copy and agree to the terms and conditions.
Click 'submit'.
The submission process is complete and under review for approval by DCT Abu Dhabi. You will be notified via your registered email address if the application licence is approved.
4. Proceed with the Payment
You must then log in again and process the payment. On your account dashboard, the application status will state, 'Pending Payment'. Click on 'pay now.
Review the tax invoice by DCT Abu Dhabi first, and then click on the 'pay now' button below. You must pay for the licence via your debit/credit card online.
After paying the fees, you will then be able to download your receipt and Holiday Homes Permit.
5. Permit fee
According to DCT Abu Dhabi, the licence is valid for one year, but you can apply for a renewal request. The renewal application must be submitted within a month of the licence's expiry. If your license is about to expire, DCT Abu Dhabi will notify you through email six to eight weeks before the licence expiration date.
I hope the details have given you what you are looking for. Starting a firm in Abu Dhabi can be straightforward if you seek the help of business experts. However, if you wish to continue further, know about the 8 points to proceed with a business setup consultant in Abu Dhabi.
Our Role
Business Setup Worldwide is a leading consulting firm that provides its clients with various services. The experts at BSW are very much experienced in company incorporation. You can contact us if you need assistance in any company setup or opening a bank account.
