Dubai launches an online portal to stimulate the timeshare real estate market

The Emirate aims to become the main destination for resort property owners, encourage tourists and attract investment in the sector.

In this regard, Dubai has created a website where timeshare operators can apply for permits to use real estate.

«The new portal developed by Dubai Department of Economy and Tourism allows potential operators to apply for timeshare real estate, get permits as licensed operators and renew it on an annual basis», the press service of the Department reports.

Dubai has created a legal framework for the market with its timeshare law to regulate the industry, protect the rights of all parties and meet the needs of investors. 

Timeshare allows you to partially own hotel real estate and use it for a certain period of the year.