kangarrealestate

Manage Property

How to Rent Your Property in Dubai

Renting out a property in Dubai can be quite overwhelming, especially for first-timers. It involves several processes and adhering to specific laws. Here is Kangar Real Estate’s comprehensive guide to renting out your property smoothly and efficiently.

1. Choose a Reputable Real Estate Company

Select a registered and reputed real estate company, preferably one that is registered with the Real Estate Regulatory Agency (RERA). This ensures professional handling of the entire transaction and helps you find a suitable tenant who will take care of your property.

2. Understand the Listing Process

The listing process involves essential documentation. All rental properties in Dubai must have a permit from the Dubai Land Department (DLD), allowing them to be advertised by a RERA-registered real estate company. Required documents include:

  • Title Deed
  • Passport Copy of the Owner(s)
  • Signed Listing Agreement

3. Devise a Marketing Strategy

An effective marketing strategy is crucial to finding the best tenant. Highlight your property’s unique selling propositions (USPs) and calculate the best achievable price. Use a comprehensive marketing plan that includes listings on portals, social media campaigns, and other advertising efforts.

4. Ensure a Good Viewing Experience

Make sure your property is clean and in good condition for viewings. Conduct necessary repairs and improvements to attract potential tenants.

5. Review the Offer

Once a tenant decides to rent, they sign a reservation form and provide a deposit. Collect their documents and prepare the contract.

6. Sign the Tenancy Contract

Both parties must sign the Tenancy Contract before move-in. Use a RERA Unified Tenancy Contract, and register it for an Ejari certificate.

7. Receive Payments and Handover Process

Ensure the tenant makes the full payment or provides initial payment with post-dated cheques. During handover, ensure all required documents are in order, utility contacts are set up, and a key and card inventory is prepared, signed, and collected. The tenant can then move into the property.