Any agency fees are paid by the Tenant so listing your property for rent with Exclusive Links Real Estate will not cost you any commission as the Landlord. You must, however, prepare your property for occupancy which may include repainting or landscaping but one of our Leasing Client Managers can advise you on this when we appraise your property. All utility bills will need to be paid up to date before they can be transferred into a new Tenants name. The Tenant may be denied occupancy, if there is any outstanding service charges due on the property. We can offer a Landlord service agreement which includes property preparation, check in/check out reports, cheque deposits and disbursement of rental funds, as an alternative to our full property management services. Enquire with us to find out more details.
Exclusive Links Real Estate do not charge to market your property for rent in both print and online media. As a leading real estate agency in Dubai prime positioning in newspapers and on online portals are assured.
Proof of ownership is required - a copy of Title Deed, passport and keys/ access to the property. We will also require you to sign a rental listing form permitting us to market your property through our various platforms, as per Government requirement.
Once you have accepted an offer from a prospective Tenant, an agreement known as a "Tenancy Contract/Agreement" needs to be signed by both you and the Tenant. This agreement highlights the terms and conditions. The Tenant shall pay a security deposit of 5% of the value of the annual rental amount and should also provide post-dated cheques to you for the duration of the agreement.
As a Landlord, you can decide on the number of cheques you wish to collect over the duration of the lease. Flexibility on multiple cheques is more attractive and competitive. While it can range from one cheque for full annual rent up to 12 monthly, the majority of tenancy contracts are agreed on 3 - 4 instalments for one year period.
It is compulsory to register your tenancy contract and obtain the ejari certificate. Government departments including Dubai Courts and Rental Dispute Center will not assist with any tenancy related disputes without producing this certificate. This certificate is required for the Tenant to register their DEWA (Dubai Electricity and Water Account) to receive utility bills.
A prospective Tenant may be more relaxed looking around a property if the Owner is not present. Exclusive Links Real Estate will conduct all accompanied viewings on your property. We encourage Landlords to trust us with the keys and access cards to maximise access and exposure of the property. We take the responsibility of your keys very seriously and these are registered in and out of the office throughout the working day.
Ejari stands for 'my rent' in Arabic and is the regulatory body for registration of lease contracts for property in Dubai. It is an initiative of RERA to regulate the rental market of Dubai and the relationship between the Landlords and Tenants and to make a tenancy contract legally binding. It is an online registration process and ejari office's available. The cost is approx AED 200 - AED 230 depending on the registration method.
Exclusive Links Real Estate charges 8% of the annual rental price as an annual management fee. We provide effective and professional management services and solutions to protect your interests and your asset. Please see further details of our property management services on our website.
It is sometimes difficult to have maintenance issues dealt with on an ad-hoc basis as most maintenance companies prefer property Owners to have an annual maintenance contract. This is the advantage of enlisting to our management services where Exclusive Links Real Estate can provide efficient and cost effective maintenance solutions to help ensure your property is well maintained.
For furnished properties, the market expectation is the Tenant pays 10% of the annual rent or 1-month rent for refundable security deposit. This deposit is held by Landlord for the duration of the lease and refundable only at the time of vacating.
Unless your property is managed by Exclusive Links Real Estate this is normally between the Landlord and Tenant and done at commencement of tenancy, at key handover. Consultation with your Leasing Client Manager can guide you on how best to manage this to ensure there is no disappointment at the end of a tenancy period due to inconsistencies of the inventory.
