WHAT IS PROPERTY MANAGEMENT SERVICE?
Property management is a service that owners can leverage to alleviate the stress and hassles associated with managing their property. A real estate management team acts as a go-between for an owner and a tenant, looking after the owner’s investment and ensuring that all regulatory requirements are met, such as scheduling condition reports, rental cheques, maintenance requests, and proper notices offered to the tenants. Whether it’s a villa, apartment, or a full complex, maintaining your rental Dubai property can be challenging. This is where professional property management services comes in.
Why you need it
Maintenance, repairs, housekeeping, and administrative tasks may be time-consuming and labour-intensive for commercial property owners. That’s why having a dedicated team of Property Managers is essential – it’s a terrific way to ensure your property and renters are always taken care of.
What to anticipate
At Basada Real Estate, we provide a variety of Property Management Services in Dubai however, you can also create a unique solution depending on your requirements. Your Property Manager will be the primary point of contact for you and the renters, keeping you informed via your preferred channels and handling the day-to-day operations of your property.
Choosing the right Property Management agency
Trusting someone with your rental property is easier said than done, therefore we recommend working with a competent property management companies in dubai certified by Real Estate Regulatory Agency (RERA), with positive customer evaluations and a comprehensive range of services available in case you require them.
Basada Real Estate focuses on providing a complete solution in one location, including marketing and advertising, locating suitable renters, conducting administrative work, collecting payments, leasing inspections, cleaning, repairing, and guaranteeing compliance with the most recent legislation.
Benefits of property Management Services
The most significant benefit of having a property managed is the peace of mind it provides the owner. Landlords can rest easy knowing that an unbiased third party protects their property, deposit, and renter. Property Management Companies in Dubai will manage your property and handle the numerous time-consuming day-to-day issues that may emerge.
Services landlords can expect from property management
Landlords can anticipate a wide range of property management services in Dubai to guarantee their investment property is handled to the highest level while also easing their effort and stress:
- Responsible for collecting, storing, and protecting deposits.
- Tenant screening and documentation collecting.
- Full inventory at tenant check-in and leave.
- Conducted viewings with potential renters.
- A premium marketing plan including listing on all major property platforms.
- Preparing the tenancy agreement.
- Prepare for move-in by painting, cleaning, pest control, and monitoring air conditioning (extra maintenance costs may apply).
- Both landlords and tenants can connect to DEWA.
- Perform key handovers and tenant check-ins.
- Register the tenancy with Ejari.
- Arrange for rent collection.
- Managed unsuccessful rental payments.
- Financial reporting.
- Ensure RERA compliance.
- Responsible for managing tenants and upkeep.
- Contract renewal and negotiation of adjustments.
FAQ’s
Who usually has their property managed?
Landlords who wish to avoid the stress associated with renting out their investment property can substantially benefit from having it handled. Landlords may reside abroad, in different time zones, travel regularly, or just have busy professional and personal lives. The majority of Basada Real Estate’s property management Dubai clients have a large property portfolio and find our management services in Dubai incredibly advantageous.
Under what conditions will the landlord be contacted?
Landlords are often called to grant permission for property upkeep. From there, an agreement will be prepared by the property management companies in Dubai to proceed with contractors. A landlord will also be called to request an update on their investment. Updates about the property might be sent weekly, monthly, or annually, based on the landlord’s preferences.
How often will a property be inspected?
The staff from property management companies conducts a check-in and check-out inspection, which includes photographing the property’s condition. The visual inspections are extensive, taking in all parts of the property from floor to ceiling, inside and out. In addition, fixtures and fittings, appliances, and the overall condition of the property are all inspected.
How does a landlord increase the rent on a property?
According to RERA law, an owner can only get a rental increase on a unit if the RERA Calculator allows it. The Dubai Land Department determines all increases depending on current real estate market circumstances. If a rental increase is permissible, it should be applied 90 days before the contract expires to provide the renter with proper notice.