A property manager is necessary today, offering many significant benefits to rental investment owners. Taking on the task of maintaining your investment may be tempting, but it can quickly become a time-consuming commitment. A good property manager not only gives you peace of mind that your property is being looked after but also has several other advantages. A few of them include

• presentation Obtaining quality tenants
• Less legal issues
• Consistent rent collection
• Solid monthly accounting & reporting
• Higher Occupancy rates
• Professional Marketing
• Maintenance & repairs
• Hassle-free & smooth process

Property managers' primary responsibility is overseeing the interactions between landlords and tenants. This entails acting as the central point of contact, which can be incredibly helpful for landlords who reside abroad, frequently travel for work, or who may lack the time and ability to maintain constant communication with tenants. From finding tenants to legal guidance, they handle everything

• Marketing of property
• DEWA connection assistance
• EJARI registration
• Mid tenancy inspection
• Maintenance management
• Manage security deposits
• Drafting of legal notices

The sign-up process includes

• Title Deed
• Property Management agreement to be signed
• Passport Copy

Property managers may charge a flat fee or a percentage of the monthly rental income as their monthly management fee. The typical fee for property management is between 4% and 7% of the rental income, but for smaller properties, the fee could be as high as 10%. Property types, such as single-family or multi-family homes and commercial properties, also impact the property management fee.

Each property management company will be different regarding drawing dates and paying out rental property owners. Rental property owner payments are typically made between the 8th and 10th of each month. Many property management companies pay their owners on the 15th of each month, and some even have a 30-day holding period before paying their rental property owners.

• You don't have to be concerned about property updates. Our property managers provide all information and updates on your property via emails and phone calls.