Renting out your property in Dubai can be difficult if you don’t know how the market works, how to register your contract, acceptable payments terms, who pays for what, standard contract terms and so on. Here are a few points to consider when renting your Dubai property.
Consult a Broker
Get in touch with us so we can give you a free evaluation of your property and give you an approximate timeline and a Rental price to work on.
Marketing the Property
Your property should be professionally fixed up, cleaned and painted so it gives an excellent first impression to the prospective tenant. Any upgrades to the property must be highlighted to give that extra value to future tenants.
Ensure that the broker has proper access to your property as they can show it to prospective buyers on flexible times as some brokers even do viewings on weekends.
Once your have accepted and offer from a tenant and are satisfied with their documentation make sure that you register your contract with Ejari and that the tenant registers with DEWA, Chiller company and other utility providers if applicable. Also ensure that at the time of signing the contract you receive post-date cheques and security deposit and copies of tenants documents.
Handing over the Property
Ensure that your broker is present when handing over keys of the property to the tenant and they do an inspection and inventory checklist to avoid and mishaps later on. Make sure all service charges dues are cleared and you give an NoC to your tenant addressed to the developer so they can move-in to your property.