GuestReady reports that Dubai residents and citizens are driving the short-term rental market during Ramadan 2023 and the upcoming Eid holidays. The rental specialist notes a robust booking season, with UAE nationals and residents seeking short breaks in the city. According to Reem Alkhatib, GuestReady’s Regional Managing Director, Ramadan is the ideal time to visit Dubai and reflects in the bookings by UAE nationals and residents in the premium AirBnB-style short-term rental accommodation that the company manages. The top five neighborhoods for short-term rental bookings in Dubai are Bluewater Island, Palm Jumeirah, Jumeirah Beach Residences, Marina, and Downtown. GuestReady reports a 220% year-on-year sales growth in the UAE in 2022, with bookings particularly strong in its top five neighborhoods.
The UAE’s annual growth and outlook align with United Nations World Travel Organisation (UNWTO) figures, which show that inbound tourism in the Middle East has had the strongest relative increase in 2022 at 83% of pre-pandemic levels, with expected growth to continue to pre-pandemic levels throughout the year.