Are you a Dubai property owner?
Whether you own an apartment, a villa, or an entire building, rest assured that your property is in capable hands. Our unwavering commitment is to deliver unparalleled service to landlords and investors, all with the goal of maximizing your return on investment (ROI).
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If you would like to take away the stress of renting out your property in Dubai, then we have you covered.
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.
As a truly customer-centric real estate agency, we offer a range of related services that are designed to make your property journey stress-free and successful from start to end.
Optimised occupancy
With occupancy rates averaging 96%, we attract high-quality tenants to your property.
Higher rentals
On average, our managed properties yield 6.14% higher compared to non-managed leased residential units.
facilities management
We are dedicated to providing excellence in facilities management with our bespoke services. We offer comprehensive maintenance contract allowing landlords peace of mind and hassle-free experience
Quality guaranteed
Our dedicated property managers are committed to service excellence, and our extensive network of contract partners have all been personally vetted.
Unparalleled accountability
We promise to keep you in the loop with detailed quarterly or time-specified reports all part of the service, wherever you are in the world.
Happy tenants
Well maintained and professionally managed properties attract and retain happy tenants, which means reduced vacant periods between tenancies.
Comprehensive Property Management
A comprehensive management solution encompassing leasing, tenant services, and facilities management is offered by Busy Bricks Real Estate. We assume responsibility for marketing, day-to-day management, administration, and facilities management on behalf of property owners. The landlord establishes a periodic annual management fee, as agreed upon during the signing of the agreement.
- Leasing and Tenant Management
- Facilities Management
- Financial Management
- Legal Compliance
- Risk Management
- Market Analysis
- Tenant Relations
- Technology Integration
- Marketing and Promotion
- Exit Strategies
Landlords can have complete piece of mind and yet have full financial control over expenses under our comprehensive property management package.
What is the biggest benefit of Property Management?
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.
Landlords who want to remove the stress and headache that can come with renting out their investment property will benefit greatly from having their property managed. Landlords may live overseas, in different time zones, may travel extensively or simply have busy work and personal lives. The majority of Allsopp & Allsopp’s property management clients have a vast property portfolio and find the property management service extremely beneficial.
The property management team is contactable 7 days a week. Our online application, Happy Tenant, is a platform for both tenants and landlords It allows tenants to log their maintenance requests directly from their phone and landlords can approve requests and can make payments via their wallet on the application. Our property management team can then liaise with trusted contractors who are on hand 24hrs a day.
Landlords are mainly contacted to give consent for maintenance works on their property. From there an agreement will be made with the property management team on the best way to move forward with contractors. A landlord will also be contacted to receive an update on their investment. Updates on the property can be given weekly, monthly or annually depending on the landlord’s preference.
The property management team conducts a check-in and check-out inspection where they will take photographs of the condition of the property. The visual inspections are very thorough and look at floor to ceiling, internal and external aspects of the property. As well as this, fixtures and fittings are checked along with appliances and overall condition of the entire property.
As per RERA law an owner can only get a rental increase on a unit if the RERA Calculator permits this. The Dubai Land Department regulates all increases based on the current market conditions. If a rental increase is permitted, this should be applied 90 days prior to the expiry of the contract to give the tenant due notice.
If an owner wishes for a tenant to vacate the unit then they will have to give the tenant 365 days’ notice, which should be for one of the following reasons:
- The property is their only place of residence
- Selling the unit
- Non-payment of rent
- The unit is inhabitable
A property inventory is perhaps the most important part of the service. It is a professional report recording the condition of the property. The property inventory protects the owner against damage on their investment and ensures that should there be any dispute on the condition of the unit, there is a professional report that both parties can refer to.
For More Details - Contact
Mr. Fadi Kutkut
Head of property management
With 25+ years of property management experience in the UAE, I can guide you through every step, from buying your first property to managing existing portfolios. My local market and industry knowledge identifies opportunities and risks, aligning decisions with your financial goals. My commitment to exceptional service and support ensures your investment satisfaction.
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