What to cover
Building cover usually sits with the owners' association. Owners should hold contents and landlord liability — roughly AED 800–2,500 a year for an apartment in Business Bay, more for a furnished short-let unit.
Short-let specifics
Holiday-home operation needs a policy that explicitly covers paying guests. Standard home policies exclude it, and platform guarantees are not insurance.
Business Bay at a glance
Business Bay is the canal-side business district minutes from Downtown and DIFC. Buying sits at AED 2,100 per sqft — roughly AED 1,638,000 for a standard one-bedroom — while long-term tenants pay about AED 95,000 a year. Hosted as a licensed holiday home, the same unit averages AED 547 a night at 78% occupancy, around AED 155,731 gross. Owners on our managed programme average AED 214,909 — a 38% uplift.
