Sharjah’s SCTDA unveils ‘Holiday Homes Project’ to diversify economic growth

  • Date: 15-Aug-2022
  • Source: GCC Business News
  • Sector:Real Estate
  • Country:UAE
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Sharjah’s SCTDA unveils ‘Holiday Homes Project’ to diversify economic growth

Sharjah Commerce and Tourism Development Authority (SCTDA) has launched the Sharjah Tourism’s ‘Holiday Homes Project’ that aims to offer an official framework of facilitation and control to Sharjah residents who wish to rent out places they own as holiday homes to tourists and visitors.

The regulatory framework was launched in cooperation with several governments, private agencies and institutions in the emirate.

According to the statement, “The project is successfully developing an official facilitation framework in line with international best practices for the operation of holiday homes, and to register them under a unified umbrella and database.”

The project will also empower prospective users with a new source of income recognized by the Government of Sharjah, offering them official guidance on operating requirements, classification criteria, violations, and other mechanisms.

Khalid Jasim Al Midfa

Chairman – SCTDA “With Sharjah Tourism’s Holiday Homes project, the emirate’s aspirations to continue advancing this sector has crossed a meaningful milestone, as the initiative not only introduces an innovative new service to the tourism landscape but also puts Sharjah’s homeowners at the forefront of benefiting from a drive that is poised to drive more visitors from around the world to the emirate. Through Sharjah Tourism’s Holiday Homes Project, we seek to maximize