The Budx Fan Festival Is To Increase The Demand For Short-term Rentals In Emaar Beachfront

Dubai Harbour has been appointed one of 6 global destinations to host a global FIFA World Cup fan festival during the tournament in Doha, Qatar. These events, which will take place outside the host country for the first time, will feature live World Cup match broadcasts, pop-up activations and performances by international DJs, local artists and musicians, in addition to appearances by "FIFA Legends".

Over 10,000 visitors of the BudX FIFA Fan Festival in Dubai Harbour will be able to enjoy live entertainment with state-of-the-art innovative technology and magnificent sky views. Fans will also have the opportunity to indulge in some of the most exclusive F&B offerings with culinary delights. The fan festival will be open from 12pm to 3am from November 20th-28th, and from 3pm to 3am from November 29th to December 18th.

To facilitate travel during the World Cup, the UAE government launched a new multiple-entry visa solely for Hayya card holders for a period of 90 days priced at AED 100 (USD 27.2). That being said, according to S&P Global, these visas, along with geographic proximity of Dubai to Doha, major attractions and local and international airline connections, make Dubai the main beneficiary of the upcoming championship.

S&P Global expects that the emirate, which is already on a business and tourism overdrive because of Expo 2020, will witness high occupancy rates and almost full capacity in hotels, with room prices climbing further. As a result, it is safe to say that short-term rentals in Dubai will be in high demand during the World Cup, especially in Emaar Beachfront, which, as part of Dubai Harbour, will provide easy access to the BudX FIFA Fan Festival. As of Q4 2022, the starting rental price in Emaar Beachfront is AED 450 (USD 122) per day, AED 5,100 (USD 1,400) per week and AED 13,000 (USD 3,500) per month in premium completed developments, such as Sunrise Bay and Beach Vista, just to name a few.

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