Real Estate Management in Dubai | The importance of real estate management companies
Real Estate Management in Dubai
The importance of real estate management companies in facilitating and securing your real estate investments
Owning and caring for leased properties can require a significant amount of effort and time. Property owners might find themselves compelled to tackle a range of diverse challenges. For instance, they may need to repair damaged pipes or respond to maintenance calls related to broken appliances such as dishwashers, and this is just one example of those challenges.
Compliance with legal standards is an essential part of this work, especially considering the multiple regulations and laws governing property leasing in the United Arab Emirates. This adds an additional layer of complexity to property management.
In this context, property management companies can play a vital role in facilitating this process and safeguarding investments. Opting to work with a property management company, you will notice that your life becomes easier, as this company will carefully manage your investments and provide sustainable income if you decide to lease the property.
At Kayan Real Estate, we offer property management services that help property owners save their time and effort, and reduce the pressures of real estate in the Dubai area. Our company will take care of your interests meticulously and keep you constantly informed of any changes related to the rights of owners and tenants.
Property Evaluation:
Our team will specialize in accurately analyzing the property’s condition to identify its strengths and weaknesses. This will include calculating potential returns.
Rental Price Determination:
We analyze the market and suggest an appropriate rental price based on operational estimates and comparisons with similar properties. Our goal is to achieve the maximum possible yield and attract potential tenants.
Improvements and Maintenance:
We will ensure your property is in optimal condition by undertaking major or cosmetic improvements and furnishing it as needed. This will enhance the property’s attractiveness and value. Additionally, professional cleaning will be conducted before handing it over to the new tenant.
Problem Resolution:
Our team will handle any emergency issue related to the property, such as household appliance malfunctions, to ensure a comfortable living experience for the tenant.
Legal Aspects:
We will draft the lease agreement and register the property under the leasing system, informing tenants of their legal rights and obligations.
Payment Management:
We will ensure the timely receipt of payments from tenants to facilitate financial operations.
Renewal or Termination of the Contract:
We provide legal support for contract renewal or termination processes, conducting a property inspection to verify its condition and ensure no outstanding debts for services.
Move-In and Move-Out Inspection:
Our team offers a detailed report including photos and details that will be signed by the inspector and the tenant upon moving in or vacating the property.