Keep your property tenanted
How to rent out your property in Dubai
Start by valuing your property. There are many factors that will contribute to your properties price, like location, the property conditions, nearby amenities and infrastructure. Market demand and market trends will also affect the pricing of your property, so always ensure to keep your property well maintained to maximise your ROI.
Some properties take longer than others to go off the market. Which is why it is important to search for a brokerage with a track record of taking properties off the market in your area. Community Experts are knowledgeable individuals who understand market trends and can successfully navigate price negotiations to help you maximise your property's ROI.
Property managers are experienced professionals that can help you to keep your property well maintained and move-in-ready for the tenant. Property managers can also help you collect payments, renew your property on your behalf and manage a large property portfolio in case you’re a frequent property investor and own various villas in Dubai.
Going exclusive with an agent or a single brokerage comes with its benefits. It incentivizes the team or individual to solely focus on your property, giving your property asset the undivided attention it deserves to take it off the market in record time.
After choosing your preferred brokerage, you’ll be required to sign a RERA listing form that grants your broker permission to list and market your property. Make sure to provide a copy of your Title Deed and Emirates ID so that your broker can operate without any hindrance in the way.
The best looking properties always attract the most clients. Be sure to declutter your home, dust off every corner and stage your property to show it in its best light!
If you’ve followed all of the previous steps, viewing requests will begin to flood your broker's phone. You can opt not to attend the viewings, but we strongly encourage you to do so, as you’ll get a chance to meet your potential tenant. Your broker will keep you informed about any offers placed by the tenants interested to rent your property in Dubai.
Once you accept an offer, your broker will help you draw up the tenancy agreement. Price negotiations are likely to take place at this stage. The lease agreement is required to be registered in the Ejari system. Once registered, the contract cannot undergo any alterations.
We'll help you find a tenant
It’s ok to have questions. The answers you need are below.
Be sure to have a copy of your passport, documenty of ownership (Title Deed) and a contract with a real estate agency to rent out your property in Dubai. Make sure to follow the broker's advice to rent out your property quickly and at a fair price.
Dubai's real estate return on investment is amongst the highest in the world in gross rental income of approximately 5.19 percent and return on investment (ROI) from 8 - 15 percent.
Renting out property in Dubai is a smooth process. Make sure to choose a reputable real estate agency that can provide an efficient marketing package to maximise your property's exposure.
All types of personal income are tax free. This includes salaries, pensions, rental income and capital income such as dividends, interest and capital gains of all kinds.
It is the landlord's responsibility to cancel the Ejari as soon as the tenant moves out.
To successfully cancel an Ejari, you will need the Emirates ID from both parties (tenant and landlord), Ejari certificate, tenant's passport and the cancellation letter (NOC).
Property rental rate can increase by 5% if the current rent value is 11-20% less than the average rent of similar units in the same area. A 10% increase is legal under Dubai law if the rent value is 21-30% less than the average rent of similar properties in the same area.