At US $180 (AED 661), costs in Dubai rose by more than 7% year-on-year to be named the third most expensive in the world, behind Miami and Reykjavik.
Bloomberg compiled the data based on the average daily cost of lodging in private dwellings, regardless of accommodation type, for two guests.
In April 2016, Dubai Tourism inked an agreement with Airbnb to allow homeowners to apply for licences without having to commission a third party as a management operator.
Elsewhere in the region, Riyadh was ranked 26th ($109), down 25.3% on an annual basis and Kuwait ($107) was placed 28th.
Here is the full list of most expensive places to stay in 2017: