Take a look at our simple guide for all the important information you need to know when letting in Dubai:
- Get in touch with your local property agent to obtain a marketing valuation or comparative market analysis (CMA) for your real estate.
- It’s a good idea to hire a property manager through your agent. Not only can they prepare and present your property to help it stand out, but they can also take responsibility for multiple properties and support you in managing your assets effectively. Also, consider hiring a broker with a good reputation and one that you can trust to look after your best interests.
- As the registered owner, you will need to sign a RERA listing form to give your broker permission to list and market your property.
- Once your property is listed on the market, be sure to stay in regular contact with your broker and get timely updates on any interested tenants. Where possible, attend every viewing and consider each offer carefully. It’s very common to negotiate with tenants. Get a good idea of how popular your property is before deciding which tenants you want to let your property to.
- Seek legal advice and support when reviewing the tenancy agreement with your tenants and drawing up the final contracts. You will need to register your lease agreements with Ejari. Your contract will also be kept on file for the duration of the tenancy, where it cannot be altered.