UAE: Nasma to grow luxe short-term holiday property portfolio

UAE: Nasma to grow luxe short-term holiday property portfolio

UAE - Nasma Luxury Stays, a division of Al Tamimi Investments and a specialist in executive living and vacation rentals, is all set to start 2023 strong on the back of the rising demand for short-term property rentals in the UAE.

Nasma grew its portfolio of luxe real estate across the country, ending 2022 with its successful expansion to Mina Al Arab in Ras Al-Khaimah (RAK), a milestone in its ongoing bid to strengthen its market foothold. The company has been managing premier properties in Dubai and Abu Dhabi in 2022.

The portfolio increase took place as more homeowners continue to ride the next wave of growth in the holiday home industry. Nasma will capitalise on this momentum to meet the demand arising from the influx of tourists to the UAE as a result of its reinvigorated tourism and hospitality sectors.

New opportunity

“We are confident that we can exceed our performance in 2022, as we step up our efforts to expand our portfolio through mutually beneficial partnerships with property owners. Additionally, this is an opportunity for us to continue our tradition of offering global and local tourists all the luxuries associated with a 5-star hotel within a comfortable, warm home environment. We are