Homevy vs bnbme: A Comparison of Short-Term Rental Services in Dubai

Dubai keeps pulling crowds.

Over 17 million tourists visited in 2024 alone, and that number is set to jump by 32% at the end of 2025. For property owners, this means more rental income.

But managing 4, 6, 15, or even 30 guests at the same time is no walk in the park.  That’s why many property owners are handing their properties over to vacation rental companies like Homevy and bnbme. 

Yet the question is, which company is the best choice for you? 

For you, we’ve combed the internet, read reviews, and spoken to property owners to ensure you have everything to make an informed choice between Homevy & bnbme.

Ready? Set? Let’s go!

About Homevy and bnbme

Founded in 2024, Homevy is a bold response to property management in Dubai. It was born from the frustrations of a homeowner and the pains of a guest who’d been let down one too many times.

Homevy’s goal is to provide the most phenomenal experience for homeowners and guests.

Since its launch, Homevy has pursued its goal by providing thoughtful service, proactive communication, and genuine support to its growing client base.     

Read their full story here: Homevy’s Founder Story

bnbme, on the other hand, was founded in 2018 by Vinayak Mahtani and his wife, Shilpa. The brand focuses on providing “hotel-style services” for guests. Their marketing emphasizes luxury and comfort, effectively positioning bnbme as a full-service holiday home brand.

Clearly, both companies have a unique approach to property management in Dubai. But now, let’s get into specifics.

Homevy vs bnbme: Management Fees and Other Associated Costs

First things first.

Pricing is where most companies reveal their true priorities. While a lower price point doesn’t necessarily mean subpar service, a higher price does not necessarily translate to better service. 

The main focus should be on the “value per dime”. How much will the property management you desire actually cost you?

Photo by Tima Miroshnichenko

With that in mind, let’s see which company provides greater value at a more competitive price point.

1. Management Fees

Unlike most Dubai property management companies, Homevy is very transparent with their management fee, which is only 20% of the rental revenue. This means you only pay when your rental property starts generating income.

This fee covers everything from Airbnb marketing and photography to legal compliance and listing. With this model, Homevy guarantees homeowners the highest possible return without incurring additional expenses.

bnbme’s management fees, on the other hand, typically range from 20% to 25% of rental revenue, with most starting at 17%. The actual amount depends on the combination of services that the property owners require.

2. Onboarding Fees

When you choose Homevy, there are no onboarding costs for your property. Homevy only earns when you do.

Onboarding fees often cover essentials like photography, listing creation, property inspection, interior design consultation, DTCM compliance setup, and smart lock installation. With Homevy, all of these services are included in the 20% management fee. 

bnbme does things similarly. They do not charge an upfront onboarding fee. However, certain services that should be covered, like DTCM registration, are usually deducted from your earnings as a homeowner.

3. Security Deposit

Homevy requires guests to pay a security deposit of 500 AED, which is slightly lower than bnbme’s 700 AED security deposit. While the gap is small, it makes a difference between attracting guests and getting more bookings.

Important note: Homevy does not deduct the security deposit from the guest’s account. Instead, they “hold” the required amount, guaranteeing a fast return.

In contrast, bnbme requires a damage deposit of AED 700 upon arrival. The fee is collected by credit card and is only reimbursed after a full inspection of the property reveals no damages.

Homevy vs bnbme: Who Provides Better Guest Management Services in Dubai?

A satisfied guest WILL come back. 

They might even leave a positive review that highlights your excellent service and gets you more bookings. That’s why property owners should seek vacation rental companies that prioritize exceptional guest experiences.

Photo by Cottonbro Studio

Both Homevy and bnbme get it, but they go about it differently. Let’s take a look:

1. Guest Customer Support

From what we’ve seen, Homevy’s customer support stands out. They offer 24/7 human customer support, so guests receive quick, accurate responses.

Likewise, Homevy’s support team is specially trained in cultural sensitivity, which is a major plus in a city like Dubai, where people from all over the world gather.

bnbme also provides 24/7 customer support and prides itself on delivering hotel-like experiences. So guests can expect a high level of personalized service, much like what they’d receive at a luxury hotel.

2. Guest Experience

To make sure every guest has a great stay, Homevy puts together personalized welcome packages for check-in. Guests can choose to be greeted in person or let themselves in with a smart lock. Either way, guests won’t be left stranded outside the apartment, something that can happen with less reliable property managers.

Homevy adds a nice touch with a digital guidebook full of local tips on things to do and places to explore.

bnbme also offers in-person check-ins and concierge services to help with bookings, reservations, and local recommendations.

3. Additional Guest Services

Homevy offers a whole range of optional luxury add-ons. Want a taxi waiting at the airport? Done. Need a personal tour guide, maid, chef, or a private car to get around? They’ve got it covered.

You can even book yacht rentals, in-house massage therapy, or personalized fitness training, all through Homevy.

bnbme, on the other hand, sticks to the basics. Beyond standard housekeeping, a warm welcome, and concierge support, they don’t offer many extras to take the guest experience to the next level.

Homevy vs. bnbme: Which Firm Is Better for Property Owners?

Photo by Kindel Media

Let’s rewind for a second—what inspired the founders of Homevy and bnbme to get into property management in the first place?

bnbme was founded by Vinayak and Shilpa, two professionals with roots in hospitality. After years of working with high-end hotels, they set out to bring that same five-star experience to the vacation rental space. Their background gives them a strong grasp of what it takes to keep guests happy and coming back.

But great property management isn’t just about the guest side of things. Homeowners matter too.

For Homevy’s co-founder, Kayode, it started with frustration. Managing his properties across the UAE became a constant headache. Property managers overpromised and underdelivered, leaving him with stress instead of peace of mind. And for Homevy’s other co-founder; Kyle, he was tired of receiving sub-par services as a guest and frequent traveler.

Together, they teamed up to build the kind of service they wished existed: one that’s transparent, reliable, and truly serves both guests and homeowners.

Now, let’s take a look at how Homevy and bnbme compare when it comes to working with property owners.

Similarities in How Homevy and bnbme Serve Property Owners

Both Homevy and bnbme provide end-to-end property management services for property owners. By this, we mean they handle the in-betweens, such as:

• Setting up the apartment for Airbnb
• Taking professional pictures for listings
• Ensuring legal compliance
• Listing the property on multiple booking platforms
• Screening guests before confirming bookings
• Checking in guests and monitoring their stay
• Cleaning up after guests and maintaining the apartment

Differences in How Homevy and bnbme Support Property Owners

The key difference between Homevy and bnbme lies in their approach to communication, revenue optimization, and owner flexibility.

1. Communication & Transparency

Homevy puts a strong focus on clear, consistent, and transparent communication with property owners.

With a dedicated owner dashboard, homeowners can easily track real-time data on bookings, revenue, expenses, and overall property performance. They also receive detailed monthly statements that break down income and costs.

Plus, Homevy’s founding team is proactive, keeping owners in the loop without them having to follow up for updates.

bnbme, on the other hand, also provides a property owner app with real-time analytics and alerts. However, their email updates tend to be more on-demand, meaning owners may need to request information rather than receive it automatically.

2. Pricing Strategy & Revenue Optimization

At Homevy, AI does some heavy lifting behind the scenes.

Their in-house tool, ProphetBot, is an AI-powered prediction tool that helps property owners decide whether short-term or long-term rentals will be more profitable. But it doesn’t stop there. If a property is indeed good for short term rentals, ProphetBot breaks down the daily rate that should be set for the property – to ensure it hits target metrics.

Also for revenue optimization, Homevy has a custom property performance optimizer bot which helps track how properties are performing, while suggesting ways to improve.

bnbme also adjusts pricing based on market conditions, but their approach leans more on manual tweaks and industry know-how than on AI-driven automation.

3. Flexibility in Owner Involvement

Homevy gives property owners full flexibility. They’re free to stay in their properties whenever they’re in town. They can also choose how involved they want to be, with access to real-time dashboards and automated reports that make it easy to stay informed or step back.

bnbme’s owner app offers helpful tools for tracking bookings, managing reservations, and monitoring maintenance. However, it’s not entirely clear if they offer the same level of flexibility for owner stays, compared to Homevy.

Who Has the Better Property Management Technology? Homevy or bnbme?

Photo by Homevy

Bringing tech into property management is a smart move because it makes things easier for both owners and guests. But who’s doing it better?

Homevy leans in with useful tools at every stage. For property owners, there’s ProphetBot, their dynamic pricing AI, along with an Airbnb income calculator, a property performance optimizer bot, and a feature-rich homeowner app.

Homevy’s guests benefit from tech too, with smart locks, a digital guidebook, and a mobile app that makes the stay more seamless.

bnbme also offers an online booking platform for guests and an owner app for property monitoring. Their handbook highlights the use of “state-of-the-art AI-powered technology,” but it’s not entirely clear how or where that AI is used.

Homevy vs. bnbme: What We Like and What We Don’t

Perfection doesn’t exist, but strong performance does.

Every brand has its highs and lows. As you’ve seen throughout this comparison, both Homevy and bnbme bring different strengths to the table. To help you decide which one suits your needs best, here’s a quick recap of the key pros and cons:

What We Like About Homevy

1. Transparency: Homevy is 100% transparent with its property owners, which makes things easy to understand. Most details are clearly laid out on their website and blog.
2. Customer Reviews: Guests consistently leave glowing feedback, which says a lot about how far Homevy goes to deliver a great experience.
3. Add-On Services: Homevy doesn’t stop at basic property management. They offer premium extras like chauffeur bookings, private tours, concierge services, and more.
4. No Onboarding Fees: Getting started with Homevy is completely free. There are no upfront costs to list your property.
5. Low Management Fees: Homevy keeps things affordable with a flat 20% management fee, lower than many competitors, who charge anywhere from 20% to 30%.

What to Note About Homevy

• Relatively New Company: Homevy was founded in 2024, which makes it a newcomer in the space. But that’s not necessarily a downside. New companies often go above and beyond to prove themselves, and Homevy seems to be doing just that. If anything, it would work in your favour.

What We Like About bnbme

1. No Onboarding Fees: Just like Homevy, they don’t charge homeowners to get started.
2. 7 Years of Experience: Being in business since 2018 means they have some experience handling guests and managing properties.
3. Hotelier Expertise: bnbme emphasizes that its operations are managed by experienced hoteliers. In fact, their full name is “bnbme Holiday Homes by Hoteliers,” highlighting their hospitality-driven approach.

What We Don’t Like About bnbme

• Lack of Transparency: bnbme doesn’t provide a clear breakdown of key details, like management fees or security deposits, on their website. Getting answers often means sending an email and waiting, which can be frustrating.
• Limited Luxury Experience: Although bnbme positions itself as a luxury brand, the services offered are fairly standard. While guests are made to feel comfortable, those expecting more than just the basics might feel underwhelmed.

So, Which Property Management Company is Right for You Between Homevy and bnbme?

If transparency, tech-powered efficiency, clear pricing, and a guest-first mindset matter to you, Homevy is likely the better fit. Add in their lower management fees, and you’ve got a smart, value-packed choice.

On the other hand, if you own a high-end property and want to deliver a hotel-style stay with a white-glove service, bnbme might be the way to go, even if it comes with a higher commission.

At the end of the day, both companies bring something valuable to the table; you just need to decide which one fits your needs best.