Property type
No. of bedrooms
Area
Show offers

Remote control: how to keep leasing out your property in Dubai when borders are closed?

24.03.2020
Given the current situation in the world, Property Management Service is gaining momentum while rising in demand more than ever.

Many international investors bought property in Dubai to take advantage of the high current rental return (about 7-9 per cent annually), which is often guaranteed by the developer. But, given the current situation in the world, caused by quarantine in most countries (including the UAE), it becomes impossible to personally rent out your housing in another country. And just about time, an indispensable Property Management service comes to your help.

When buying property in Dubai and transferring it under the full management of the Management Company, you save a lot of time and effort, as the company will do everything for you: complete the renovation if needed, find tenants and solve all issues and problems associated with the tenancy. From our special Property Management Guide, you can learn more details about what it includes and why you should pay special attention to this option, if you do not live in Dubai and lease your property here.

The fact that today tenants also prefer to deal with the management company rather than with the owner is no longer in doubt, because this option frees both sides from unnecessary stress. Both landlords and residents feel more confident, knowing that they no longer need to worry about water leaks or late payments, as you can always contact the agency with any of these and other problems.

How much will Property Management service cost me?

Real estate management fee is 5 per cent of your property’s annual rental price (but not less than AED5000 or US$140) and will be charged automatically after the payment period terminates. To learn more about the general Terms and Conditions applicable with this service, please contact our property management specialists.

What is included in the service package?

The list of what a real estate specialist will do for you is quite long. Here are just a few of the benefits:

  • Tenant selection

  • Tenant Verification

  • Drawing up a Lease Contract

  • Rental payments collection

  • Registration of a lease contract in the EJARI state system

  • Checking the condition of the property upon the new tenant’s moving-in/out

  • Detailed inventory report

  • Completing repairs and maintenance

  • Getting and giving the keys

  • Inspection of the housing unit and general cleaning before lease

  • Helping the tenant to move in/out

And that’s not all. You can find a more detailed list on our information page about the conditions for the provision of management services.

You can get the Property Management service by contacting IMEX Real Estate. We will tell you about all the nuances of real estate management. Address the professionals and get income from your rented property without having any headache!

To always stay up to date with the latest analytics data and real estate prices in Dubai, subscribe to our newsletter using the form below. Our contacts:

Tel. in Dubai, UAE: +971 (50) 2528188 (Whatsapp, Viber, Telegram)

Toll Free Dubai: 800-IMEX (800-4639)

IMEX REAL ESTATE BROKER LLC, UAE

Office 2502, Marina Plaza, Dubai Marina, Dubai, UAE

Email: pm@IMEXre.com


Latest Availability
Latest property news
Send us an enquiry or request a call back
Your name *
Phone
E-mail *
Your message *
*- indicates required

SOGA1 SOGA2
Request a call back

SOGA1 SOGA2
Call management

SOGA1 SOGA2
Lease process (Rent out)

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)

1 hour

Contract of the lessee and agency.

Up to 5 days

Real estate search.

Selection of optimal options.

Up to 2 days

Signing of the lease agreement

Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process

1 hour

Contract of the tenant and agency.

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

1 Week

Registration of the contract of purchase / sale

Customer charges:

  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration

Additional services:

Property management

Sales Process

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

None

the management process

1 hour

Contract of the owner and agency

1 year

Rendering of management services

1 day

Reporting

Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process

1 hour

Contract of the tenant and agency.

From 3 days

Selection of optimal investment options

1 Week

Registration of the contract of purchase / sale

Expenses of the investor:

  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration

Additional services:

Property management