Property Management
Are you a Property Owner in Dubai?
The Benefits of Property Management in Dubai
Edwards and Towers are property management professionals. We have been managing property portfolios and individual units in Dubai since 2004 and have built an enviable reputation. We are also members of the Royal Institution of Chartered Surveyors which ensures our processes are of the highest standards.
Property Management is a valuable service provided to property owners by Edwards & Towers in Dubai. It aims to alleviate the stress and hassle of managing their properties. Our Property Management team acts as a mediator between owners and tenants, ensuring all regulatory matters are attended to, conducting bi-annual inspections, managing rental payments, maintenance management, and compliance with necessary notices.
The biggest benefit of Property Management is the peace of mind it offers to property owners. With an impartial third party like Edwards & Towers protecting their property, deposit, and tenant, landlords can relax. As your Property Manager, we handle the day-to-day challenges that may arise, freeing up the owners' time and energy.
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LandlordsLandlords will benefit from a wide range of services from our Property Management department, ensuring their investment property is managed to the highest standard and reducing their workload and stress.
These services include:
- Tenant sourcing and screening
- Deposit collection
- Comprehensive inventory checks during tenant check-in and check-out
- Premium marketing packages with listings on major property portals
- Preparation of tenancy agreements
- Move-in preparation (painting, cleaning
- Pest control, A/C checking)
- DEWA connections
- Key handover
- Registration of tenancy with Ejari
- Rent collection
- Management of rental payments
- Financial reporting, RERA compliance
- Tenant and maintenance management
- Contract renewal negotiations
- Tenant sourcing and screening
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Property maintenance
Property maintenance, our property management team offers accessible support seven days a week and is connected with trusted contractors, to address any urgent maintenance issues promptly.
Landlords will primarily be contacted for maintenance work consent and updates on their investments. The frequency of updates can be tailored to their preferences, whether monthly, bi-annually, or annually. -
Rent & Deposit management
Our rental and deposit collection services include:
- Managing the collection of the damage deposit
- Rental payments
- Demanding rent
- Settling contractors' invoices, and taking care of other owners' liabilities.
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Property management
Property management is particularly beneficial for landlords who wish to avoid the challenges of managing rental properties.
Whether they live overseas, in different time zones, travel extensively, or have busy personal and professional lives, Edwards & Towers' property management service caters to their needs.
Many clients with vast property portfolios find this service exceptionally advantageous.
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Property inspections
Property inspections conducted by the management team are thorough, encompassing check-in and check-out inspections as well as mid-lease inspections.
Visual assessments cover the entire property, from floor to ceiling, fixtures, fittings, and appliances.
A property inventory is of utmost importance as it professionally documents the property's condition, protecting the owner's investment.
In case of disputes regarding the unit's condition, the inventory serves as a reliable reference for both parties involved. -
Rental increases
RERA law permits owners to adjust rents based on market conditions, regulated by the Dubai Land Department. If an increase is allowed, landlords must apply it 90 days before the contract expiry, providing the tenant with due notice. As your property management agent, Edwards & Towers will be responsible for meeting these deadlines and will contact you regarding the market conditions prior to the 90-day renewal period, offering you the best advice.
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Serve notice to vacate
In the event as a landlord, you wish to ask a tenant to vacate the property, you must provide 365 days' notice (1 year), valid for specific reasons such as the property being the owner’s sole residence or selling the property.
In the event of a non-payment of rent by a tenant, a 30 days’ notice can be served. Legal notices must be stamped by a Notary Public and incurs a cost for drafting and delivery by a third party.
Edwards & Towers property management team can assist with all types of notice as an additional service.
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Additional services
- POA (power of attorney)
- Rental valuations
- Legal notice
- Ejari and Utility registration
- Contract renewals
Simple, transparent packages
Our professional property management experts would like to take care of your investment and your tenant.
Standard
STANDARD - 6% of the rental value + VAT
- Tenant sourcing and vetting, including marketing and listing
- Drafting of tenancy contracts
- Security deposit management
- Rental payment management and collection
- RERA compliance
- Property inspections on request
- Tenant key handover and Move-in and Move-out procedures and inventory reports
- Maintenance management (maintenance at additional cost upon approval)
- Service charges processing
- Full tenant support
- Renewal of tenancy contract and Ejari in accordance with RERA regulations
Learn more
Premium
PREMIUM - 8% of the rental value + VAT
- Tenant sourcing and vetting, including marketing and listing
- Drafting of tenancy contracts
- Security deposit management
- Rental payment management and collection
- RERA compliance
- Property inspections on request
- Tenant key handover and Move-in and Move-out procedures and inventory reports
- Maintenance management (maintenance at additional cost upon approval)
- Service charges processing
- Full tenant support
- Renewal of tenancy contract and Ejari in accordance with RERA regulations
- Financial reporting
- Dispute resolution
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GET IN TOUCH WITH US:
FRANCESKA SOANES
Manager - Property Management
+971 (0)4 422 1291
pm@edwardsandtowers.com
