A villa on The Palm Jumeirah, designed by XBD Collective, would attract many a tourist 
A villa on The Palm Jumeirah, designed by XBD Collective, would attract many a tourist 

Airdxb: Dubai's answer to Airbnb allows you to make money on your home



The next time you plan a trip, whether you're away for two days or 20, consider welcoming into your space one of the many thousands of tourists who flock to Dubai at any given time of the year, thanks to Airdxb.

The British-run Airbnb host management service launched in the UAE in September. The service will not only do a thorough background and security check to suggest visitors you're comfortable letting into your space, but also estimates that you can earn between 40 per cent and 60 per cent more, compared to the price for a 12-month-long tenancy.

The service is open to residents, real estate investors and second-home owners, and aims to maximise the rental returns against your property by letting it out when you're travelling or otherwise not using the space. It basically allows you to make money even when you're away on a leisurely holiday or quickfire business trip.

Airdxb covers everything from the photography and description of the property, to pricing, guest communication and booking, and security screening. It will also include a deep-cleaning service after your temporary guests have have left.

Director and founder Gregory Lewis says: "Not many people know that [renting out apartments to tourists on a short-term basis] has been legal in Dubai since 2016. With AirBnb being so popular and simple, it's about time there was a service that can carry out the entire process for you, from listing it on Airbnb, coordinating with your guests and carrying out a full clean after they have leftWe understand that it can be daunting to allow a complete stranger into your apartment or villa, but we have the knowledge and power to make sure everything is taken care of properly."

For more details, visit the website.

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Read more:

The 10 most spectacular and sought-after homes on Airbnb - in pictures 

'We bought a Scottish castle and make Dh300,000 renting it out on Airbnb'

16 simple hacks that will make your lodgings look luxurious

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The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

KEY DATES IN AMAZON'S HISTORY

July 5, 1994: Jeff Bezos founds Cadabra Inc, which would later be renamed to Amazon.com, because his lawyer misheard the name as 'cadaver'. In its earliest days, the bookstore operated out of a rented garage in Bellevue, Washington

July 16, 1995: Amazon formally opens as an online bookseller. Fluid Concepts and Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought becomes the first item sold on Amazon

1997: Amazon goes public at $18 a share, which has grown about 1,000 per cent at present. Its highest closing price was $197.85 on June 27, 2024

1998: Amazon acquires IMDb, its first major acquisition. It also starts selling CDs and DVDs

2000: Amazon Marketplace opens, allowing people to sell items on the website

2002: Amazon forms what would become Amazon Web Services, opening the Amazon.com platform to all developers. The cloud unit would follow in 2006

2003: Amazon turns in an annual profit of $75 million, the first time it ended a year in the black

2005: Amazon Prime is introduced, its first-ever subscription service that offered US customers free two-day shipping for $79 a year

2006: Amazon Unbox is unveiled, the company's video service that would later morph into Amazon Instant Video and, ultimately, Amazon Video

2007: Amazon's first hardware product, the Kindle e-reader, is introduced; the Fire TV and Fire Phone would come in 2014. Grocery service Amazon Fresh is also started

2009: Amazon introduces Amazon Basics, its in-house label for a variety of products

2010: The foundations for Amazon Studios were laid. Its first original streaming content debuted in 2013

2011: The Amazon Appstore for Google's Android is launched. It is still unavailable on Apple's iOS

2014: The Amazon Echo is launched, a speaker that acts as a personal digital assistant powered by Alexa

2017: Amazon acquires Whole Foods for $13.7 billion, its biggest acquisition

2018: Amazon's market cap briefly crosses the $1 trillion mark, making it, at the time, only the third company to achieve that milestone

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Name: SmartCrowd
Started: 2018
Founder: Siddiq Farid and Musfique Ahmed
Based: Dubai
Sector: FinTech / PropTech
Initial investment: $650,000
Current number of staff: 35
Investment stage: Series A
Investors: Various institutional investors and notable angel investors (500 MENA, Shurooq, Mada, Seedstar, Tricap)

Company Profile

Company name: Cargoz
Date started: January 2022
Founders: Premlal Pullisserry and Lijo Antony
Based: Dubai
Number of staff: 30
Investment stage: Seed

MATCH INFO

Mainz 0

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Man of the Match: Timo Werner (RB Leipzig)

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Directed by:Tom Beard

Narrated by: Sir David Attenborough

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Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
Based: Dubai, UAE
Industry: Electric vehicles
Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside