The licence you need
Every short-let unit in City Walk must hold a Department of Economy and Tourism holiday-home permit, renewed annually, with each guest registered and tourism dirham collected per night. Alayan Homes handles the full filing for owners.
Building approval
Most City Walk towers allow licensed holiday homes, but a handful of owners' associations restrict them. We check the building's stance before you commit — that check takes a day and saves months.
City Walk at a glance
City Walk is a Meraas urban-luxury district of boutiques, dining and low-rise residences. Buying sits at AED 3,000 per sqft — roughly AED 2,340,000 for a standard one-bedroom — while long-term tenants pay about AED 160,000 a year. Hosted as a licensed holiday home, the same unit averages AED 921 a night at 80% occupancy, around AED 268,932 gross. Owners on our managed programme average AED 371,126 — a 38% uplift.
