![The Burj Khalifa skyscraper, center, towers above commercial and residential properties in Dubai, United Arab Emirates, on Tuesday, July 23, 2019. Like the rest of the city, the business center has suffered from a prolonged real-estate slump brought on by oversupply and slower economic growth. Photographer: Christopher Pike/Bloomberg](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/WSFBH222OQXWQQHUM6GUDX6NIQ.jpg?smart=true&auth=0fa09b8fe7f875bc1c3ce5cdc507dc1c0fbb275dcc23acbd2e8eedb561290fc9&width=400&height=225)
Emaar has asked property owners to cease holiday homes operations in its Downtown development by September 19. Bloomberg
Emaar has asked property owners to cease holiday homes operations in its Downtown development by September 19. Bloomberg
Emaar bans holiday home operators in Downtown as it ventures into short-term rental market
The developer confirmed it asked homeowners to cease letting out holiday homes in the development by September 19
![The National](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/https%3A%2F%2Fs3.amazonaws.com%2Farc-authors%2Fthenational%2F9e2159fa-e4db-4215-b498-6b3607b75bee.png?smart=true&auth=cf728de2f2d93afc214682199f23d53c844677eb59567fe99abdb1c7e9f03161&width=70&height=70)
The National
07 September, 2019