Owners cannot rent out their flats on ‘short-term’ lease
Discovery Gardens warned against leasing apartments on short term basis, with violators facing legal action
The Dubai Department of Economic Development (DED) has warned individual property owners in Discovery Gardens against leasing their apartments on short-term basis and said violators could face legal action.
“Short-term residential rentals is an economic activity. Any individual would like to be involved in this activity but he needs to seek a license to be able to offer such service,” said Mohammed Shael, CEO of Business Registration and Licensing at the DED.
“This business activity would require the individual to incorporate a company through Department of Tourism and Commerce Marketing,” he said.
The 291-building development comprises six themed communities inspired by garden living, and includes Zen, Mediterranean, Contemporary, Mogul, Mesoamerican and Cactus courtyard gardens.
