We made plans if occupancy hit zero. That hasn’t happened’ – Dubai property broker

We made plans if occupancy hit zero. That hasn’t happened’ – Dubai property broker

Four experts in the UAE property sector weigh in on the opportunities that short-team leases are providing in Dubai. The reason for the increase is that most clients that take these villas are generally high-net-worth individuals that are based and live temporarily in Dubai.. We're a holiday home management company that has properties throughout Dubai, ranging from studios to villas.. Over the last three weeks, we had a lot of people who couldn't get out of the UAE who rented our properties.. We've had a lot of families booking our villas with private pools, because it can be frustrating with everyone working from home every day.. Our larger properties with private spaces like pools are all gone, so we're actually looking for more inventory.. We haven't had a single reservation from Airbnb in the last two or three weeks, but our clients who have previously booked with us over the summers have come back and taken larger properties from us for a month so they can benefit from the space.. My advice to our property owners - including 60 to 70 who live in Dubai - is not to panic.. We dropped the prices in half for some places, and