Homefront: ‘Is it cheaper to rent an Airbnb apartment rather than sign up for a one-year lease?’

SourceThe National
SectorReal Estate
CountryUAE

I recently moved to the UAE for a one-year work assignment. I have been staying in a hotel for a few days but my employer has asked me to look for an apartment with a one-year lease.

I am not keen on signing up for a traditional one-year apartment lease with a real estate broker. Instead, I have been told that several Airbnb holiday homes are now being offered on long-term residential leases.

What are the pros and cons of renting a holiday home for the long term with a management company? Are there any hidden fees that I need to watch out

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