UAE Short-Term Rental Occupancy Recovers, But Demand Lags

UAE short-term rental occupancy gains are largely supply-driven, not demand-driven, according to AirDNA. Available listings fell nearly 5% in July as hosts exited after weak returns, and Q3 booked nights are pacing about 13% behind last year even as occupancy rose roughly 4%. Early Q4 ADR is running 17% ahead year-over-year, reflecting hosts holding rate on a smaller, earlier-booking pool. Operators report stronger performance, but market data remains cautious.