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Short Stay Vacation Homes raises $1.96m for Dubai expansion
Reading Time: 2 minutesDubai: Dubai-based property management company Short Stay Vacation Homes has raised Dh7.2 million [$1.96 million] to fund its expansion plans in the Emirati city. The funding round, which was led by Kinshasa-based private investment firm SK Group, will enable Short Stay to accelerate its domestic expansion plans through unit acquisitions. The company is aiming to scale up […]
Sultan bin Ali Al Owais Real Estate opens short-term rental division
Reading Time: 2 minutesUAE: Emirati developer and real estate asset manager Sultan bin Ali Al Owais have announced a short-term rental division. This is coming in advance of Dubai’s Expo 2020, which has driven significant hospitality development over the past year. The company, which has previously focused exclusively on the long-term rental market and manages a portfolio of […]
IBC Group aiming to purchase 10,000 properties in Dubai
Reading Time: 2 minutesDubai: The IBC Group has announced its intention to purchase 10,000 luxury properties in Dubai, which it will furnish and manage as holiday homes / vacation rentals. In the same announcement, the group revealed it had contracted Berkshire Hathaway HomeServices Gulf Properties (BHHS) on an exclusive basis to play an advisory brokerage role to assist […]
Dubai Asset Management partners with HiGuests
Reading Time: 2 minutesDubai: Dubai Asset Management has announced its venture into the short-term rental market space by partnering with leading holiday home operator HiGuests. The Dubai-based startup and owner and manager of one of the city’s largest portfolios of rental residential communities, manages short-term rentals with the end goal to increase convenience for both hosts and guests […]