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 Downtown Dubai, 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.
Downtown Dubai at a glance
Downtown Dubai is the Burj Khalifa and Dubai Mall district with the highest tourist footfall in the UAE. Buying sits at AED 3,100 per sqft — roughly AED 2,418,000 for a standard one-bedroom — while long-term tenants pay about AED 140,000 a year. Hosted as a licensed holiday home, the same unit averages AED 805 a night at 82% occupancy, around AED 240,937 gross. Owners on our managed programme average AED 332,492 — a 38% uplift.
