The Benefits of Property Management
What Is Property Management?
Property Management is a service given to owners to take away the stress and niggles of managing their property. A Property Management team is a mediatory party between an owner and a tenant to take care of an owners’ investment and ensure all of the regulatory items are taken care of including schedule of condition reports, rental cheques, maintenance management and ensuring correct notices are given to the tenants.
The biggest benefit of having a property managed is the peace of mind it gives the owner. Landlords can relax knowing that there is an impartial third party protecting their property, deposit and tenant. Property managers will take care of and manage the often time consuming day-to-day problems that may arise.
The landlords can expect an array of services to ensure their investment property is managed to the highest standard and ease their workload and stresses:
- Collection, safe keeping and protection of the deposit.
- Tenant Screening and documentation collection.
- Full inventory on tenant check-in and check-out.
- Accompanied viewings with prospective tenants.
- A premium marketing package for your property including listing on all major property portals.
- Preparation of the tenancy agreement.
- Move in preparation including – paint, clean, pest control and A/C checking (any maintenance at additional cost).
- DEWA connection for both landlord and tenant.
- Key handover/tenant check-in.
- Register tenancy with Ejari.
- Rent collection arrangement.
- Management of failed rental payments.
- Financial reporting.
- RERA compliance.
- Tenant & maintenance management.
- Renewal of contracts including negotiation of contract changes.
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Once we receive a client's property specifications, our team is committed to delivering exceptional services that adhere to the standards set by the Royal Institution of Chartered Surveyors (RICS) and comply with the guidelines of the Dubai Real Estate Regulatory Agency (RERA). We prioritize maintaining high quality throughout the entire contract period, ensuring that our clients receive the utmost professionalism and satisfaction in their property management experience.
Lease and tenant Management
Our leasing and tenant management team is devoted to conducting a comprehensive evaluation of each asset, carefully assessing its strengths, weaknesses, and market position. Based on this analysis, we propose a tailored management strategy that covers the entire tenure, from the moment of handover to the move-out day. Our aim is to ensure effective management throughout the leasing process, guaranteeing the best possible outcomes for our clients.