Dubai brings out new ‘One-Stop-Shop’ to support timeshare operators

  • Date: 25-Dec-2021
  • Source: GCC Business News
  • Sector:Tourism
  • Country:UAE
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Dubai brings out new ‘One-Stop-Shop’ to support timeshare operators



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Dubai’s Department of Economy and Tourism (DET) has launched an online portal that offers a ‘One-Stop-Shop’ for timeshare operators to register and apply for permits and provide guidance to customers and tourists.

The Timeshare Portal supports the legal framework created by Dubai’s new Timeshare Law. The portal created by DET by collaborating with partners enables potential operators to register and submit their applications for timeshare properties, obtain a permit as a licensed timeshare operator, and renew these permits every year.

A timeshare is a shared ownership model of vacation real estate in which multiple investors jointly own a property with each owner allocated a specific length of time to use the unit, typically in one-week increments. The timeshare model can be applied to many different types of hotel properties, such as vacation resorts, villas and apartments. 

The new portal offers various benefits to the tourism ecosystem, thus boosting investor confidence in the city and its real estate and hotel offerings. It will also accelerate the approval process and offer guidance and easy access to the information sought by investors, owners and operators, as well as tourists who wish to use timeshare during their visit to Dubai. 

The Timeshare Portal aims to establish a