Take it from our hosts - you can earn more too!
An elite property management consultancy, Shosty offers a lucrative alternative to long term rental contracts.
Look no further than Shosty’s Airbnb property management - Dubai.
A meticulously managed short term rental solution
Improve your Investment Property's ROI with Airbnb Management, Dubai
We create custom, short term management strategies that increase your investment property's earning potential.
From single homeowners to global real estate tycoons, our superior interior design and marketing technology are optimized to maximize your rental income.
What's Your Strategy?
Our 6-step, Turn-key Solution
From interior design and online profile development, to scheduling the annual air conditioner service...
Hosting has never been easier!
Review guest reservations or book your property for personal use. It's super simple!
in Your Pocket!
We are one of the few holiday home companies in Dubai that thrive on transparency with our Hosts. From the moment a guest reserves your place, your real-time dashboard updates automatically.
Transparency is literally at your fingertips.
All you need to know - in one place, when it comes to your airbnb management. Dubai holiday home finances, managed by Shosty, can be monitored by our clients at any time.
Looking to optimize your property's returns?
You're in the right place.
Dubai is a bustling city with tourists from across the world immersing themselves in the luxury and sophistication the city has to offer them.
Major events across a variety of sectors will see the number of tourists increase to 20 million people in 2021. Vacation rental management companies in Dubai, like Shosty, aim to cater to this influx of short-term visitors and create better returns for your property via short term rentals.
Shosty carefully and creatively transforms your property into a holiday home that can service the many needs of our guests and can help you 'Earn More Too!' Vacation rental management companies outfit your property, find the guests and let you optimize the returns on your property, helping you benefit from the advantages that Dubai offers you.
Historically, Vacation rental management companies have predominantly served “tourists”; however, the prevalence of work-from-home employment arrangements and remote working visas within the UAE, have drastically increased demand for furnished, short to midterm property arrangements.
Digital nomads are poised to be a major target for short term rental companies in Dubai, and we can help you capitalize on this and many of the trends short term rental companies will continue to serve.
Meet Your Team
It takes an exceptionally managed and experienced team to deliver the best return on investment for the #1 Airbnb management service, Dubai.
"For many of our guests, their stay with us will conjure memories that last a lifetime.
Enabling them to experience our city in a unique and interesting way, is my team's North Star"
"Our teams work hard to ensure your guests have an exceptional experience.
It's my job to make sure our clients realize the full value of all that work."
"My team manages over 50 million AED in real estate assets across 2 cities.
Every turn-over between guests involves a 200-point cleaning & maintenance check, documented with 20+ photos."
At Shosty, we aim to be more than just a solution for Airbnb hosts. Built on foundations layered with years of hospitality expertise -
we are client-focused and performance driven!
In order to stand out alongside the numerous property management companies in the UAE, Shosty has honed its short term rental technology offering as a professional hosting partner for those with Airbnb properties.
Airbnb Management Service Dubai
The short term rental property market is a bounty of opportunity for property owners and investors to increase their returns by up to 50% when compared with traditional long-term rental contracts. It all starts, however, with choosing the best channel manager for vacation rentals and a dynamic pricing tool which will maximize your rental returns.
As Dubai’s elite Airbnb service company we pride ourselves on keeping our commissions low, so that you can enjoy increased returns as well as our exquisite, seamless range of services.
We handle everything from the legal-side, over to guest satisfaction and property maintenance. Our clients have nothing but resounding reviews after experiencing the difference between running a DIY holiday home and finally making the switch to our all-in-one solution to Airbnb property management, Dubai.
Is a "Holiday Home" the same as a "Short Term Rental" or a "Vacation Rental"?
Dubai Tourism and Commerce Marketing (DTCM) officially uses the term "Holiday Homes" to reference the sector.
Is a license required to operate a Short Term Rental / Holiday Home in Dubai?
A property owner (or 'authorize tenant'), can legally operate a single Holiday Home without a license, according to DTCM guidance.
Can I run a Short Term Rental myself?
The short answer is, yes.
How much can I make with my Short Term Rental?
Not every property is well suited for Short Term rental.
Is there a major difference in how STR operators perform for their clients?
What happens if a guest damages my Short Term Rental property?
Broadly speaking, this concern is overblown. We've hosted over 10,000 stays across two continents, with no meaningful damage inflicted on our properties (that's not to say it never will happen).
Who regulates the Holiday Homes sector in Dubai?
Dubai Tourism and Commerce Marketing (DTCM) regulates the Holiday Homes sector in Dubai. Unlike many cities around the world, DTCM was swift to regulate the sector with very clear guidelines and definitions. In many respects, Holiday Homes are regulated in a similar way to Hotels, though they do have their own explicit governing documents and bylaws.
How big is Dubai's Short Term Rental market?
As of January 2020 there were 13,000 Active Dubai properties reported across Airbnb / VRBO (according to airdna.com). For context, Dubai has just over 100,000 Hotel rooms on offer, which means Holiday Homes represent a sizable portion of the accomodation market in Dubai.
Choosing a Partner
How do I ensure the Vacation Rental Company I'm dealing with is legit?
The Department of Economic Development issues all Trade Licenses for Holiday Home operators in Dubai. Check the validity of the Trade License and credentials of those listed as "Managers", before signing a Management Agreement.
If you'd like to be extra careful, you can call DTCM @ 600 555 559 to check that the operator is in good standing with the regulatory body.
How do I know if a Vacation Rental Company is well run?
Any reputable operator will happily share their Airbnb marketing page - here's ours.
The Operator's Airbnb Marketing page highlights the properties the operator manages. The properties should reflect the portfolio size/quality of the Operator's business. More importantly, the property profiles should be stellar, with consistent and recent reviews from guests raving about their experience. If this isn't the case, or if the profile doesn't jive with the Operators claims about the size and quality of their business, you may want to look for another Operator.
In the world of Airbnb algorithms, a 4.5 star average review score just isn't good enough - and your property's returns will reflect that.
Not to mention, if guests aren't enjoying their experience, its almost certain your property isn't being well maintained.
Can I trust the revenue forecasts my Holiday Home Company is projecting?
Third-party tools like airdna are surprisingly accurate when reporting historical earnings for comparable properties in your neighhborhood or building. All STR operators should be using a third-party tool to provide justifcation for your revenue forecast - particularly if they aren't managing a property in your building. Be wary of "Revenue Estimators" you'll see on many operators sites - they're typically very inflated, and its impossible to do a forecast on a property that's never been seen in-person by a professional.
To take it one step further, request that your operator pull reports from a few properties that they manage. The third-party tool should give a sense of the revenue they've been able to deliver, vs other operators within their buildings / neighborhoods.
If they're performance is sub-par, it may be worth taking your business elsewhere.
Should my Short Term Rental Company have their own website?
Online Travel Agents (OTAs) like airbnb.com and booking.com collect a commission of at least 15% for every reservation booked on these channels. Every decent STR operator should be looking to increase the proportion of 'direct' bookings as a proportion of overall reservations, as this will result in better returns for you (the property owner).
A functioning, well designed website is an excellent indicator that your operator is well equipped to maximize your STR revenue.
See the link to our Sister Company's website here
Is a coherent pricing strategy really that important?
Yes, its absolutely critical.
Ideally, your operator should have a Dynamic Pricing tool, linked to its Channel Manager (sorry for the tech talk). This is basically a fancy way of saying: your property's prices should automatically update based on market demand (algorithmically).
We use a company called Pricelabs for Revenue Management.
What is a Channel Manager and why is it important?
A Channel Manager is a centralized location where your property's availability (i.e. calendar) and pricing are managed across a variety of channels (ex. airbnb.com, booking.com, vrbo.com, STR rental operator's website and many more).
Simply put - a channel manager automates reservations and pricing across channels with consistency.
This is important because being on multiple channels with prices that update in response to market demand, is critical to maximizing revenue. If you don't get the sense that your Operator has the sophistication of a Hotel from a marketing standpoint, you should probably continue your search for another operator.
What is Quintessential Quarters?
Shosty and Quintessential Quarters (QQ) operate under the same Trade License issued by DTCM and are sister brands.
QQ is a Hospitality brand whose primary goal is delivering a superior accomodation experience for guests.
Shosty is the platform we use to communicate with clients and prospects who own real estate and are interested in improving their Property's ROI.
We've made the strategic business decision to develope two seperate brands, for the purpose of clearly communicating our value proposition to very different stakeholders.
We're more than happy to explain this in further details, if you'd like to understand more.
When does Shosty pay me as the property owner?
Quarterly disbursements to property owners are delivered 10 working days after each calendar quarter concludes. For example, Q1 Jan-Mar; due 10th working day of April.
There are instances where different terms might be accommodated, but these are Shosty's general payout terms.
For more information about a various fee structures related to short term rental, check-out this comprehensive article by Hostfully
Who maintains my STR property and how does payment work?
Shosty oversees all maintenance for your property. For smaller jobs, Shosty will handle at no cost to the property owner.
In the event that a contractor or maintenance service is required, Shosty will get a quote from the contract and submit to the owner for approval.
Any costs for maintenance will be paid for by Shosty on behalf of the owner, and deduct from the rental income paid to the owner.
Who pays for Utilities?
Utilities such as Dewa and Du (or Etisalat) are paid for by the owner. Shosty is happy to pay on the owners behalf. Amounts will be deducted from the rental income.
Who pays for Service Charges?
The owner is responsible for payment of Services Charges. Shosty is unable to pay on the owners behalf unfortunately.
Does Shosty require that the Owner have Homeowner's Insurance?
Yes, for the protection of the owner, the guests and Shosty, it is required that valid Homeowner's Insurance be maintained at all times. The fees are quite minimal, and Shosty is happy to recommended a reputable provider.
Who pays for the Housekeeping / Cleaning?
Shosty collects the Housekeeping / Cleaning fees from the guests for every guest stay. All cleaning / housekeeping fees are charged to the guest at the time of reservation.
Shosty manages all housekeeping and cleaning on behalf of the owner.
What if I want to use my property?
All of Shosty's client will have access to an app that enables them to reserve their own property at no cost to them.
Is there a Tourism Fee for Holiday Homes in Dubai? How does it work?
There are two different Holiday Home Fees charged by DTCM. The first is an Annual Unit Permit Fee and the second is based on occupancy / property size.
Annual DTCM Unit Permit Fees are as follows (paid annually):
Studio / 1 Bedroom: 370 AED
2 Bedroom: 670 AED
3 Bedroom: 970 AED
4 Bedroom +: 1,270 AED
In addition, there is a nightly fee of 10 AED / bedroom / nights occupied.
For example, a 2 Bedroom that was occupied 20 nights in March, would cost 400 AED for March (20 night x 20 AED / night = 400 AED)
I'm curious about Short Term Rental. How does the onboarding process work and how long does it take?
Below is a high-level outline of the onboarding steps:
1. Value Assessment: Shosty earnings assessment for your property after in-person viewing
2. Outfitting Cost-out: Shosty estimate of outfitting costs
3. Management Agreement: Signed management agreement after terms are aligned
4. Outfitting & furnishing of property
5. Photography, online profile creation and listing
6. Receive guests and earn more!
Steps 1-3 typically take about a week.
Steps 4-6 usually take about 2-3 weeks (though can be excelerated in some cases)
What outfitting costs does the Property Owner pay for?
The owner pays to furnish the property with whatever contents are required.
Shosty will style and cordinate any maintenance work that's required, as there are particular considerations specific to Holiday Homes revenue performance.
How much does it cost to furnish / outfit a property?
Cost can vary depending on the property's size and quality of furnishings.
You can check out our outfitting estimates here.
What responsibilites does the owner have in the Onboarding process?
The owner is responsible for the following:
1. Signing the Management Agreement and providing requisite documents
2. Connection of Utilities (Dewa, Du or Etisalat)
3. Registering for Homeowner's Insurance (if not already done)
4. Approving outfitting costs
Everything else shall be completed by the STR operator.