Here's what you need to do if you're renting short term

123 RF

Landlords and tenants should both get insurance to make sure they're covered in a short-term lease agreement.

That's according to experts, who say more and more UAE landlords are leasing unused spaces in their properties.

Ashwin Narasimhan, Senior Manager of Personal Lines at Noor Takaful, explains.

He says people in the UAE still aren't buying home insurance.

A recent survey revealed that less than 10 per cent of residents in the country have issued a policy.

Narasimhan explains. 

More from Business

Coming Up on Dubai Eye

  • Lunch with Lloyd

    11:00am - 2:00pm

    No one knows entertainment better than veteran Dubai broadcaster Mark Lloyd.

  • Afternoons with Helen Farmer

    2:00pm - 5:00pm

    Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Meet Gift, female food delivery driver

    Gift came here from Nigeria and failed to find a job, until a pizza company offered her one. She's now one of the very few female delivery drivers in the UAE.

  • FARMER'S KITCHEN

    Farmer's Kitchen is back for 2021!
    With our partners Spinneys, we are going to help you wave goodbye to boring dinners, cluttered fridges, and lumpy leftovers!