Tag Archives: timeshare Dubai

New Timeshare Portal launched as Dubai sets its sights on becoming a leading vacation ownership destination

In a move that further contributes to realising the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai to make Dubai the world’s best city to live, work and visit, Dubai’s Department of Economy and Tourism (DET) has launched an online portal that provides a ‘One-Stop-Shop’ for timeshare operators to register and apply for permits and provide insights and guidance to customers and tourists. The new portal, which facilitates a seamless experience for customers, tourists, investors and vacation operators in the city, supports the legal framework created by Dubai’s new Timeshare Law. The Timeshare Portal developed by DET in cooperation with partners allows potential operators to register and submit their applications for timeshare properties, obtain a permit as a licensed timeshare operator, and renew these permits on a yearly basis. The portal brings immense benefits to the tourism ecosystem, further strengthening investor confidence in the city and its real estate and hotel offerings. Additionally, it will speed up the approval process and provide guidance and easy access to information sought by investors, owners and operators, as well as tourists who wish to use timeshare during their visit to Dubai. The Timeshare Portal, which incorporates global best practices, aims to establish a better business environment and seamless experience for all parties and ensure customers are protected. A multi-entity Dubai-wide initiative, the portal is primarily driven by a partnership between DET and Dubai Land Department (DLD), backed by continuous coordination with Dubai International Financial Centre (DIFC).  The easily accessible online portal seeks to further stimulate and encourage investments in the vacation ownership sector. The Timeshare Law, which regulates the …

Read More »