Regulatory framework put in place for Sharjah holiday home project
United Arab Emirates: A new regulatory framework has been launched for residents of Sharjah who wish to rent out their homes or properties as holiday homes to tourists and visitors within the emirate. Holiday home project.
Under terms and standards approved by Sharjah Trade and Tourism Development Authority [SCTDA], the first one-year phase of the project will involve the registration and licensing of 150 holiday homes in the emirate, meaning that residential units can be rented out on a rotational basis. It is estimated that there are over 300 holiday homes in Sharjah.
In addition, field visits, inspection campaigns and in-person or digital follow-ups will be carried out on the holiday homes themselves, as well as on the operators and owners.
Around 15 operators would be involved and holiday home owners will have three months to complete the documentation process and register their properties under a unified umbrella and database.
During this time, the government of Sharjah will offer official guidance on operating requirements, classification criteria, potential breaches and other mechanisms for the project, in line with international best practice for holiday homes.
Khalid Jasim Al Midfa, President of SCTDA, said Khaleej times“With the Sharjah Tourism Holiday Homes project, the emirate’s aspirations to continue to advance this sector have reached an important milestone, as the initiative not only introduces an innovative new service to the tourism landscape, but places also Sharjah homeowners at the forefront to benefit from a drive that is poised to attract more visitors from around the world to the emirate.
“Through Sharjah Tourism’s Holiday Homes project, we seek to maximize the visitor experience by ensuring high quality grading standards and providing additional stay options in the emirate of Sharjah. It will further strengthen the cooperation between the Authority and holiday home providers by developing a legislative and regulatory system.
“This will help diversify the sources of growth in the hotel sector,” he added.
The capital of Sharjah bears the same name as the emirate and is the third most populous city in the United Arab Emirates, only after Dubai and Abu Dhabi.
The UAE in general is seeing a return to pre-pandemic levels in terms of tourist numbers. In the first six months of this year, Dubai welcomed more than 7.12 million international overnight visitors, an increase of 183% year-on-year compared to the same period a year ago.
Further increases in tourist numbers are expected later this year when the neighboring Arab state of Qatar hosts the FIFA World Cup in November and December, marking the first time the prestigious football tournament will be held in the Middle East.