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In 2024, Dubai had an impressive AED 479.4 billion in real estate sales transactions.
A figure like this comes with increased demand for property management – of which companies like Homevy, GuestReady, Blueground, SilkHaus, and Deluxe Holiday Homes remain at the forefront of Dubai’s property management industry.
If you’re looking to set up your recently bought property as a vacation rental in Dubai, then this is the blog for you.
We’ll be comparing Homevy and SilkHaus, two top vacation rental management companies in Dubai. We’ll explore their services, pricing, coverage and many more, to help YOU figure out which company is worth it in 2025.
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Founded by Kyle Johnson and Faturoti Kayode, Homevy has quickly become a trusted name in Dubai’s short-term rental market.
Image by Homevy
The company is all about hospitality, working hard to close the gap between guests and property owners. You can find this mission in their name ‘Homevy’. “Home” signifies the comfort that property owners and guests seek, and “Vy” represents innovation, and their ability to transform properties into remarkable spaces.
Homevy makes short-term rental management easy, delivering a significant boost in ROI and keeping occupancy rates high. The company offers a perfect mix of ease, profit, and thoughtful service.
SilkHaus, founded by Aahan Bhojani in 2021, has quickly become a key player in Dubai’s short-term rental market. The company operates in three major Gulf Cooperation Council (GCC) cities: Dubai, Abu Dhabi, and Riyadh – and their mission is to offer memorable experiences for guests and a high-quality management service for owners.
Now that we have a brief idea about both companies, let’s check other factors to consider before choosing either Homevy or SilkHaus. These includes:
Photo by Kaboompics
Homevy operates a transparent, performance-based price model that begins at just 14% of rental revenue. This makes it one of the most affordable property management solutions in Dubai when you consider the value it provides. They also have a zero upfront cost policy, which means no onboarding fees, no setup charges, and absolutely no hidden expenses.
Here’s some of what Homevy’s management fees include:
With this all-inclusive model, Homevy ensures property owners receive maximum ROI without additional expenses.
SilkHaus’s fee structure is also performance-based but tailored more towards both short-term and long-term stays. SilkHaus’s offerings include:
However, SilkHaus’s pricing details aren’t fully transparent or available online. Regardless, their approach remains tailored to property owners seeking a balance between reliable income and improved property standards.
Now that the money is out of the way, let’s take a closer look at Homevy and SilkHaus’ services, and see how their approaches to short-term rental management differ.
Photo by cottonbro studio
Homevy goes above and beyond to create unforgettable experiences for guests, and you can see this in the services they offer. They understand that the little things matter, so they offer personalized services to make every guest feel special. Such services include;
For property owners, Homevy completely takes the stress out of managing a rental. They work tirelessly to ensure your property runs smoothly while helping you maximize your returns.
Here’s a look at the services that make Homevy a trusted partner for property owners:
With all of these services, Homevy provides a human-centered approach to both guest experiences and property management, making it a top choice for anyone looking for a hassle-free short rental management solution.
While Silkhaus doesn’t have any extra guest services, they do provide standard services for their property owners. Some of which include;
Photo by Thirdman
Bottom Line
Homevy and SilkHaus both bring unique service offerings for guests and property owners. While Homevy provides a more robust guest experience and a profitable approach to property management, SilkHaus takes a more practical approach for property owners.
The geographic focus of both Homevy and SilkHaus significantly influences how they meet the needs of property owners and guests. While both companies are active in the Gulf Cooperation Council (GCC) region, they have distinct approaches in terms of their geographic reach and strategies.
Photo by Nextvoyage
Here’s how both companies differ.
Homevy focuses exclusively on Dubai, allowing them to specialize in one of the world’s most profitable rental markets. By concentrating on Dubai only, Homevy has developed a deep understanding of local trends, demand, and property optimization strategies. This therefore allows them offer personalized services and localized strategies for property owners in Dubai.
While SilkHaus is primarily based in Dubai, they have a broader regional approach, extending their services to multiple countries within the GCC, such as Saudi Arabia, Qatar, and the UAE. Their regional focus means that property owners could benefit from diverse traveler demographics across the GCC.
Bottom Line
For property owners seeking to dominate Dubai’s rental market, and with a highly personalized approach, Homevy’s exclusive focus on Dubai would be better off. On the flip side, SilkHaus, with its broader regional focus and international exposure would be ideal for owners seeking more diversified guest types and broader reach.
Ultimately, the decision between the two depends on whether you value local expertise as a property owner or prefer the broader reach of SilkHaus.
Marketing and listing are services both Homevy and Silkaus offer, but they both have different approaches.
One of Homevy’s marketing strategies is promoting properties as a full lifestyle experience. They actively promote exclusive services like yacht rentals, personal training, and VIP airport transfers, making each property feel like part of a broader luxury offering. This ultimately helps them attract high quality guests who don’t mind paying a premium.
Homevy makes sure its listings are in sync with market trends and guest preferences, by creating relevant property descriptions, visuals, and features. This tailored approach keeps properties regularly aligned with what guests are looking for, making listings more attractive – and thereby increasing bookings.
With Homevy, your rental property will always stay ahead of others. The company uses a tailored (and trained) AI algorithm that automatically adjusts rental rates in real time, while factoring in demand, seasonality, and market trends. This helps to maintain optimal occupancy and ensure profitability for property owners.
Photo by Nextvoyage
1. Focus on Convenience and Comfort: SilkHaus blends hotel-style amenities with the comforts of home. Their listings emphasize easy living, with highlights like fully furnished apartments, gyms, and pools, making their properties appealing to both short-term and long-term renters.
2. User-Friendly Booking Platform: SilkHaus’s website is simple and intuitive, making the booking process smooth for guests. It’s designed to let potential guests quickly browse, book, and manage their stays without any complexity.
3. Smart Pricing and Visibility: SilkHaus uses dynamic pricing tools to ensure properties are competitively priced. This helps attract guests while maximizing revenue for property owners. They also prioritize clear, informative listings that appeal to all types of travelers.
Here’s a table that highlights the key differences between Homevy and SilkHaus, focusing on the core features that set them apart.
Feature | Homevy | SilkHaus |
Geographic Focus | Exclusively operates in Dubai, with deep local expertise in the Dubai rental market. | Operates in the GCC region, catering to both short-term and long-term stays. |
Target Market | Focuses exclusively on the short-term rental market for property owners. | Has a focus on both short-term and long-term stays. |
Guest Services | Provides premium guest services like luxury yacht rentals, VIP airport transfers, personal training, and daily maid services to ensure guests have an enjoyable stay. | SilkHaus offers standard guest services like professional cleaning, property upkeep, concierge support. |
Pricing Model | Performance-based fee starting at 14% of rental revenue, with no upfront costs. | Pricing varies with additional setup fees, long-term contracts, and extra charges for furnishing and upgrades. |
Marketing Strategy | Homevy uses multiple marketing methods, including platform SEO, influencer collaboration, digital ads & billboards, company partnerships, and much more. | Strong focus on market-specific customization and seamless listing management on major platforms. |
After comparing Homevy and SilkHaus, it’s clear that both companies offer valuable services for property owners and guests. However, if you need to make a decision right away,
Choose Homevy if you want:
Consider SilkHaus if you prioritize a mix of short and long term rental strategy, alongside a focus on the luxury property segment.
For most property owners in Dubai, Homevy’s established track record and full-service approach makes them the stronger choice. So take the next step today by scheduling a consultation with Homevy.
Get access to our 5-day training course on managing your vacation rental property in Dubai.
Learn More