Definitions

Definitions: Key terms and their meanings related to leasing holiday homes in Dubai, including activity, decree, DED, DET, emirate, establishment, guest, holiday homes, holiday home lease contract, initial approval, license, licensee, permit, regulation, state, and units.

that are leased out or available for lease to Guests

Definitions:

  • Activity: Engaging, on a regular and ongoing basis, in leasing out Holiday Homes or taking lease of Holiday Homes for the purpose of subletting them to Guests.
  • Decree: Decree No. 41 of 2013 Regulating the Activity of Leasing out Holiday Homes in the Emirate of Dubai.
  • DED: The Department of Economic Development in Dubai.
  • DET: The Department of Economy and Tourism.
  • Emirate: The Emirate of Dubai.
  • Establishment: A corporation or company licensed to conduct the Activity in the Emirate.
  • Guest: A natural person that stays in the Holiday Home in return for payment with the intention of using it as an overnight accommodation.
  • Holiday Homes: Furnished Units designated for conducting the Activity in accordance with the conditions and criteria stipulated in this Guide.
  • Holiday Home Lease Contract: An agreement concluded between an Establishment and a Guest, stipulating the rights and obligations of the parties thereto, in accordance with the provisions of the Decree, the Regulation and this Guide.
  • Initial Approval: The initial approval issued by DTCM to an applicant for a License to enable him to complete the License application procedures, in accordance with the requirements prescribed by the Regulation.
  • License: A document issued by DTCM stating that DTCM authorises a Licensee to conduct the Activity in the Emirate after verifying that all conditions and requirements stipulated in the Regulation are met by the Licensee.
  • Licensee: An individual or Establishment licensed to conduct the activity in the Emirate.
  • Permit: A document issued by DTCM stating that DTCM approves a furnished Unit be designated as a Holiday Home, after verifying that all conditions and requirements stipulated in this Guide are met.
  • Regulation: Administrative Decision No. 1 of 2020 issuing of the executive regulations of Decree No. 41 of 2013 Regulating the Activity of Leasing out Holiday Homes in the Emirate of Dubai.
  • State: The State of the United Arab Emirates.
  • Units: Real property units that are leased out or available for lease to Guests.