Property Management
in UAE
Kelt&Co Realty manages your property and makes sure that your property is well-maintained and profitable. We oversee everything from maintenance to tenant relations to rent collection to financial management. Want to keep your property in the best condition? Let us property managers play their part!
Property Management
Maintaining a rental real estate property can be a hassle for the owner, as he may need to resolve many problems, such as fixing leaking pipes and getting calls about electrical issues. Compliance with legal norms is also essential, as there are many laws and regulations in the UAE regarding leasing real estate.Â
Kelt & Co Realty offers professional Property Management services that will make your life very easy by handling your investment properties and providing an unhindered income if you decide to rent the property. This will save our clients the time and stress associated with Dubai’s real estate. We will look after your interests and keep you informed of any changes regarding the rights of landlords and tenants.
Our Property Management Services
Real Estate Valuation
The Evaluation Team will analyze and evaluate your property to determine if it needs any improvements or renovations to increase its value. Moreover, a comprehensive report based on various factors about their property will be presented to our client to give him a fair evaluation. This also includes the potential profit our client can make if selling or renting the property. Every process is carried out according to the client’s requirements, and we keep them up-to-date with the procedure to keep everything transparent.
Setting the Rental Price
The Rental Department will analyze your property and highlight its attractive points to engage potential tenants and set a higher price so our clients can profit from their investment. They will run a market analysis and compare the rents of other properties and then find an attractive asking rent for the potential tenants which will benefit our clients.
Tenant Screening
After running an advertisement campaign for your property, we will shortlist the potential tenants and hold meetings with them to find the best tenant. Our negotiations team carries out the process, and we will also discuss the terms and conditions of the leasing contract with the potential tenants.
Legal Matters
The Legal Team will carry out all legal matters for our clients. This includes drafting leasing contracts, registering property through the EJARI System, and informing the tenants of their obligations. The leasing contract will contain terms and conditions to avoid any future hassles.
Payment Management
We will manage payment by getting all the rental payments and receipts from the tenants on our client’s behalf. This will save our client’s time, and they will get their payment via us hassle-free.
Extension or Termination of the Lease Agreement
This stage includes legal support, inspection of the housing for possible damage, and monitoring the absence of utility debts. Moreover, suppose the tenant wants to extend his lease. In that case, we will consult our client and revise the agreement and, if necessary, add new terms and conditions that will favor both parties to nurture a good relationship between our client and the tenant.
Move-In and Move-Out Inspections
Our specialists provide a report with pictures and all details, which our inspector and the tenant will sign when moving in or out. This will include detailed HD photos and videos explaining the property’s condition in pictorial form when the tenant moves in or out.
Transparency
Our most important belief is honesty and transparency with our clients and anyone in the market. Our office is always open for our clients, showing all vital documentation, performance analytics, and financial reports relating to the property. Kelt & Co Realty can also organize international bank transfers from the income to be received by our client, if necessary.
Repairs
We will carry out repair services, through which we will conduct repairs and carry out major or minor renovations to improve your property further. We will also purchase new furniture (if needed) to attract and increase your property’s rental value. Furthermore, we will also conduct professional cleaning services before and after tenants move in and out.
Marketing Services
Thanks to our strong local and international network and marketing campaigns, your property will get exposure in the local and international markets. This will help you minimize efforts from your side to search for buyers, and we will find the right buyers interested in buying your property.
Our marketing strategies consist of:
- Professional Photography and Videography with 360 Degree Virtual Tours
- Social Media Posts and Advertising
- Private Tours and Open Houses
- Kelt & Co Realty website presence
- Local and International Property Listings Portals
- Direct Marketing Campaigns across WhatsApp, email, and SMS.
- Sign Boards and Display Advertising
- Agent Direct Marketing
- Property Events
Real Estate News, Insights & Tips
A Dh2 Billion Trump Tower Dubai All Set to T...
A Dh2 Billion Trump Tower Dubai All Set to Transform t...
Trump Tower Dubai valued at over DH2 billion will be launched soon in Dubai. Dar Global- a Dubai-based real estate company- has recently announced its plans for Trump Tower Dubai. The announcement comes when Donald Trump is all set to take oath for his second term as the 47th president of the United States of America in the first month of the next year. …
World’s Strongest Passport: UAE Ranks First for ...
The United Arab Emirates has secured the first position in the global ranking of the world’s strongest passports for the fourth consecutive year, continuously leaving behind countries like Finland, France, Germany, Spain and other top-ranked countries. Among 180 countries, the UAE got the highest position, enabling its citizens to enjoy access to over 90% countries of the world. The citizens of the United Arab …
Living in Palm Jebel Ali Dubai: Area Insights & Co...
Following the success of Palm Jumeirah, Nakheel Properties has come up with another man-made island project called Palm Jebel Ali. This project is being developed to set a new benchmark in developing luxury real estate and waterfront properties for sale in Dubai. Spread over 13.4 sq. km. this project is double the size of the Palm Jumeirah and will house around 30,000 families. Dubai …
Benefits of Buying Property in Dubai From the UK
Dubai has become a premier real estate investment destination in the world. Undoubtedly, this city stands at the forefront when it comes to property investment. This metropolitan city is known not only for its world-class infrastructure, signature skyline, and futuristic lifestyle but also for its thriving real estate investment landscape. Its booming property market offers exceptional returns, making it a global investment hub. Given …
Dubai Property Market Records 15.4% Rise in Residentia...
Based on the stats of November, the Dubai property market continues to flourish. The city observed a 15.4% growth in residential sales and $2.5 billion in commercial deals on a year-over-year basis. According to Engel & Volkers Middle East, there were around 12,695 residential sales, reflecting the market’s potential sustainability and persistent growth. Considering the available data, the month also experienced a slight 0.38%increase …
FAQ's
Most frequent questions and answers
What is the property market trend in UAE?
The UAE’s real estate sector contributes around 5.5% of the GDP of the country, and it has been on the rise since 2022 as both rental rates and home prices have increased. Dubai’s transaction volume reached its highest level for the first quarter ever observed in the area in the first quarter of 2022.
What are the main types of investment properties in Dubai?
In Dubai, investors can choose between villas, apartments, townhouses, penthouses, duplexes, and plots and lands.
What are the main areas for foreigners to buy property in UAE?
In Dubai, there are specific zones where foreigners can purchase real estate. These locations, such as the Palm Jumeirah, Downtown Dubai, Dubai Marina, Arabian Ranches, and Jumeirah Beach Residence, are decided upon by the Ruler of the Emirate of Dubai.
Can I live in Dubai if I buy a property?
Real estate purchases in Dubai may result in the buyer receiving a residence permit. The property must be finished at the time of purchase and worth at least AED 1 million to qualify for the UAE investor visa program. Dependents may also be sponsored by real estate purchase residence visa holders.
What is the future of real estate in the UAE?
The real estate industry in the UAE is anticipated to increase by 2.97% between 2023 and 2028, reaching a market volume of US$0.80 trillion by that year. The important characteristic that makes the UAE a desirable location for real estate investment is what is driving this expansion.
How to invest in UAE real estate?
Here are some tips to invest in UAE real estate:
- Know About Different Property Types and Their Worth
- Research the Market Status and Risks
- Property Investment in Dubai
- Don’t Sacrifice Location
- Choose Areas with High Rents and Demand
- Spend Time in the Area
- Luxury Property Buyers Should Have Financial Resources
- Investing in Residential Properties Offers Shortcuts for Legal Residency
- Seek Expert Advice When Investing in Dubai Real Estate
Can foreigners invest in real estate in Dubai?
Yes, foreigners are permitted to purchase real estate in the UAE. There are, however, certain geographical limitations. Citizens of the UAE or the Gulf Cooperation Council (GCC) may buy real estate anywhere in Dubai.
Is there a property tax in Dubai?
There is no taxation on owning properties in Dubai.
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