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Benefit of Property Management
Property management provides owners with peace of mind, offering a sense of relaxation. With an impartial third party safeguarding their property, deposit, and tenant, landlords can trust property managers to handle the day-to-day challenges efficiently.
What services can landlords anticipate from property management?
- Secure handling and protection of deposits.
- Tenant screening and documentation collection.
- Comprehensive inventory during tenant check-in and check-out.
- Assisted viewings with potential tenants.
- Premium marketing package, including listing on major property portals.
- Preparation of tenancy agreements.
- Move-in preparation, covering painting, cleaning, pest control, and A/C checks (additional maintenance at extra cost).
- DEWA connection for both landlord and tenant.
- Key handover and tenant check-in.
- Registration of tenancy with Ejari.
- Arrangement for rent collection.
- Management of unsuccessful rental payments.
- Financial reporting.
- Compliance with RERA regulations.
- Tenant and maintenance management.
- Contract renewals, including negotiation of changes.
Who typically benefits from property management?
Those landlords seeking to alleviate the stress associated with renting out their investment property can greatly benefit from property management. This service is particularly useful for landlords residing overseas, in different time zones, frequent travelers, or those with busy work and personal lives. Most clients of Allsopp & Allsopp’s property management have extensive property portfolios and find the service highly advantageous.
Is the service available 24/7?
The property management team is reachable seven days a week. The Happy Tenant online application serves as a platform for tenants and landlords, allowing maintenance requests, approval, and payments. Trusted contractors are available around the clock for any emergencies.
Under what circumstances will the landlord be informed?
Landlords are primarily contacted for consent on maintenance work. Updates on their investment property are provided as per the landlord’s preference—weekly, monthly, or annually.
How often will a property be inspected?
The property management team conducts thorough check-in and check-out inspections, capturing the property’s condition through photographs. Visual inspections cover floor to ceiling, internal and external aspects, fixtures, fittings, appliances, and overall property condition.
How can a landlord increase rent?
Per RERA law, a rental increase is subject to the RERA Calculator and market conditions. If allowed, the increase should be applied 90 days before the contract expiry to provide the tenant with sufficient notice.