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 DAMAC Hills, 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.
DAMAC Hills at a glance
DAMAC Hills is a golf community of villas and apartments with resort-style amenities. Buying sits at AED 1,500 per sqft — roughly AED 1,170,000 for a standard one-bedroom — while long-term tenants pay about AED 90,000 a year. Hosted as a licensed holiday home, the same unit averages AED 518 a night at 66% occupancy, around AED 124,786 gross. Owners on our managed programme average AED 172,205 — a 38% uplift.
