Foreigners are relocating to Dubai in great numbers since it is one of the most successful and fascinating cities in the Middle East.
Even while renting property is a popular alternative among foreigners, it is not ideal if you intend to stay for an extended period of time. In actuality, property costs are inexpensive in comparison to the mysterious rentals that are common in many regions.
You might need someone to take care of the property for you if you plan to buy one in Dubai. There are many property management companies to select from, so don’t worry.
Some of the largest and most well-known property management companies in Dubai are included in this post.
1. Manage My Property
One of Dubai’s top real estate and property management companies, Manage My Property (MMP), provides a comprehensive range of turnkey services for Dubai real estate. Founded in 2007 with the goal of providing landlords with a stress-free ownership experience, MMP’s management solution takes care of every element of property ownership in Dubai.
The Property Management company at MMP has a wealth of expertise and in-depth understanding of successful asset management, cutting-edge technology, and efficient management solutions, allowing them to provide their clients total transparency and peace of mind.
Services and Costs
The comprehensive range of turnkey property management services provided by MMP includes, but is not limited to:
- Handover of Property & Snagging
- Advertising & Marketing for Real Estate
- Renter vetting
- Creating a Lease Agreement
- Addendum to Additional Tenancy
- Condition Reports for Properties
- Inspections during check-in and check-out
- Responsible Property Manager
- Maintenance Supervisor
- Registrations for EJARI
- Power Connections
- Payment Administration
- Renewals of Leases
- Real Estate Re-Marketing
- Property inspections every year
- Reporting in Real Time
- Consultancy for Buyers and Sellers
You also have the added confidence of being able to examine all debit and credit transactions connected to each property thanks to MMP’s real-time reporting, which is available to all landlords and is accessible 24/7.
They provide exclusive access to their created iOS or Google Play APP to both landlords and tenants. Landlords may use this page to obtain a complete detailed perspective of cash flow, maintenance requests, and the specifics of the rental agreement.
Office Address
2. Key One Properties
KeyOne Properties is a division of KeyOne Realty, a worldwide real estate business that was established in 2006. Currently, the company owns three subsidiaries, all of which are engaged in the real estate industry. These businesses are:
- KeyOne Residential (realtor)
- Homes by KeyOne (holiday home short-term rental service)
- KeyOne Estates (real estate management and long-term rental company)
For residential, commercial, and retail properties around the UAE, they provide real estate management services. They have offices in Abu Dhabi and Ras Al Khaimah in addition to Dubai.
The corporation manages property valued at over AED 200 billion, which is rather outstanding.
Services and Costs
With regard to property management, KeyOne Properties provides a wide range of services, including leasing, management, upkeep of housing tools, online payments, and a landlord portal on their website.
Additionally, you may select from specialized plans that include extras like optional inspections, court support, and property maintenance services.
The listing service for properties is free; however, they charge 5% of rental profits for management services and 7% for the above-mentioned supplementary services.
Office Address
3. ZMG
ZMG (Zidan Management Group, Inc.), a property management company with offices in Dubai and Sharjah, was established in 2000. Raed Zidan, an American who owns ZMG, is in charge of a multilingual staff of 100 employees. The organization is a top property management firm in Dubai and also has operations in the US and the Gulf area.
In the past, Raed launched a number of other businesses in the US and the Gulf, including the phone firm L.I.N.C.
Services and Costs
Include services for managing residential and commercial properties, including condominiums, flats, and villas. Currently, they are in charge of about 5,000 homes.
ZMG provides services for leasing, selling, and managing real estate. Marketing, tenant vetting, full-service leasing, rent collecting, maintenance, financial analysis, and accounting are just a few of the services provided by property management companies.
Office Address
4. Blueground
In 2013, the hospitality business Blueground was founded in Greece. Since then, the company has quickly expanded, managing more than 400 residences in Dubai at the moment.
Blueground has more than 250 staff members spread across the US, Dubai, Greece, and Turkey, and has been able to land major clients including Coca-Cola, Siemens, CNN, LG, and Samsung.
Services and Costs
In contrast to traditional property management companies, Blueground offers unique services.
They first lease expensive properties, which they eventually equip. After then, the apartments are typically subleased to senior business visitors who stay in Dubai for a month or more.
The following are the main advantages for property owners of employing Blueground’s services:
- Your residence is leased by Blueground for three to five years.
- They put bespoke furnishings in your apartment.
- Blueground continues to make monthly payments to you even if there isn’t a tenant.
- You don’t have to be concerned about upkeep or repairs.
The corporation receives its revenue from the subtenant’s ultimate rental fee.
Office Address
5. BSO Dubai
BSO is a new property management company in Dubai, serving customers from 31 different nations. BSO claims that the average client’s return on investment is 7%, and they are currently overseeing 102 megaprojects around Dubai.
They mostly assist landlords who reside outside of Dubai with real estate management of their commercial and residential properties.
Services and Costs
Tenant screening, maintenance assistance, lease administration, rent collection, online payments, and rental dispute resolution are all included in property management services.
They have a basic monthly price of 500 AED.
Office Address
Office 701, Concord Tower, DMC Dubai, UAE
6. Asteco
One of the most well-known full-service real estate firms in the UAE is Asteco. One of the first real estate companies in Dubai, this property and asset management company was founded in 1985.
The organization provides services not only in Dubai but also in many other locations around the Middle East, such as Abu Dhabi, Sharjah, Jordan, Saudi Arabia, and Al Ain.
The company’s current managing director, John Stevens, is in charge of a bilingual staff that is primarily made up of foreigners from North America and Europe. Asteco hired him in 2004. Prior to that, he spent more than ten years working in Southeast Asia’s real estate industry.
Aldar, Al Abbar Group, Deyaar, Tameer, Alain Properties, Aabar, Abu Dhabi Finance are a few notable residential and business clientele.
One of the most well-known real estate companies in the area is Asteco, which has received a number of honors in recent years.
They received many accolades from the International Property Awards in 2017, including Best International Property Consultancy Marketing, Best Letting Agency, and Best Property Consultancy (also in 2016). In the same year, they also received Menafa Excellence Franchising Awards. According to UAE’s Choice, they were selected as a Superbrand in 2016.
Services and Costs
Real estate services provided by Asteco include online property listings, appraisal and consultancy services, sales, leasing, and asset management (retail, commercial, and residential).
They have overseen the management of more than 5,700 residential and commercial structures since 1985. Currently, they oversee 385 different complexes and more than 13,000 residential units.
Asteco’s services are available to both individual clients and large residential buildings and complexes. They also oversee mixed-use developments and residential buildings connected to hotels.
Office Address
3rd Floor, Rolex Tower, Sheikh Zayed Road. (Next to Financial Centre Metro Station)
7. Provident Estate
One of the best real estate companies in Dubai is Provident Estate, a full-service brokerage. It is an ISO-certified business that has won awards and is renowned for providing high-quality services.
Within just two years of its founding in 2008, Provident Estate rose fast to the position of top agency in Dubai.
In addition to launching a facility management service in 2013, Provident Estate debuted its property management division in 2012. In 2014, their second office in Dubai started operations.
Loai Al Fakir, a 2005 graduate of Kingston University who moved from Greece to Dubai, is the company’s founder and CEO.
He is in charge of a group of 40 people who come from different nations and speak more than 10 different languages.
In recent years, the business has received several honors and certificates, including the Best Brokerage Firm Award from the Dubai Land Development in 2014. They were given the International Property Award’s 2013 Best Property Website in Dubai Award.
Services and Costs
Property and facility management for residential, commercial, and industrial buildings are among the available services. Single dwellings, retail space, vacation homes, townhomes, apartments, villas, and office space are a few examples.
Depending on your demands, Provident Estate provides two different types of programs.
You pay 8% for the entire management plan, which offers a variety of services. Examples include advertising, renting, signing tenant agreements, collecting rent, making repairs, doing property inspections, and having a dedicated administrator.
The alternative choice is a leasing service for 5%, which excludes inspection and maintenance services and only covers services relating to the tenancy.
Office Address
8. Binayah
Founded in 2007, Binayah is a newly established full-service real estate brokerage and property management company. Binayah has previously collaborated with several of Dubai’s biggest real estate companies, including DAMAC, Nakheel, Dubai Properties, and Emaar.
About 15 bilingual property consultants and managers work with Binayah in both London and Muscat.
The business provides a broad variety of services, such as asset management, property management, sales, leasing, and real estate brokerage. Both business and residential buildings may use the services.
Services and Costs
Landlords may use Binayah’s property portal, which includes a wealth of relevant information, online. Landlords who reside overseas are able to better manage their properties as a result.
Marketing, tenant management, money management, maintenance, and dispute resolution are other property management services.
Office Address
Binayah Real Estate – Dubai, Suite: 908 | Executive Heights, Barsha, Heights(Tecom) PO Box 487303
9. Better Homes
One of the largest full-service real estate companies in the GCC, including Dubai, is Better Homes LLC. Better Homes has multiple offices in the Middle East and more than 500 staff.
Linda Mahoney, who presently serves as the company’s chairperson, created the business. The CEO at the moment is her son Ryan Mahoney.
Linda Mahoney, who is originally from Canada, was a nurse in the past. Early in the 1980s, she relocated to Dubai and opened a surgical practice there. She founded Better Homes in 1986 and changed her profession to become a realtor.
Her son and she are the team leaders of a multilingual workforce that operates across Dubai, Sharjah, Abu Dhabi, and Qatar. They have collaborated with some of Dubai’s top developers. For instance, they have overseen a number of Emaar projects, including The Lakes, one of the company’s most well-known projects.
Better Homes has received several honors throughout the years, including the 2017 Dubizzle Awards’ Top Sales Lead Generator Award. Additionally, they won Property Finder’s Most Popular Brokerage Award in 2015 and Dubai’s Most Popular Broker Award in 2014.
Services and Costs
Provide landlords with property management services, such as advertising, tenant selection, rent collecting, maintenance, and any other related services.
With 5,000 houses under management and a 95% occupancy rate, Better Homes. AED 5,000 each year, or 8%, according to the firm, whichever is higher.
Office Address
Vision Tower 42nd floor, Business Bay Dubai, UAE
10. Yallarent (AirBnB)
A Dubai-based property management company with a focus on short-term rentals is called Yallarent. The business collaborates with businesses like AirBnB to increase rental returns for property owners.
Nour and Alex, the couple who founded the company, began by renting their own houses in Paris and London. Later, they made the decision to focus solely on short-term rentals, thus they founded Yallarent in Dubai.
The organization guarantees a 40% boost in rental returns in addition to managing your residential property.
They advertise your home on a number of other comparable websites, including as Booking.com, Holiday Lettings, HomeAway, VRBO, and Tripadvisor, in addition to Airbnb.
Services and Costs
The business provides many plans. They first have a Premium management plan that covers all aspects of marketing, upkeep, repairs, and tenant screening. As payment, they take 20% of your rental income.
The second and most well-liked option is called Basic Management, and it includes basic management services and claims 15% of the rental earnings.
They charge 6% of the rent for hotel unit management. Additionally, they charge 100 AED for one of the services.
Office Address
Regal Tower, Office 3101 Business Bay Dubai
11. TFG Asset Management
Leading property and asset management company TFG Asset Management is renowned for providing customers with specialized management services.
The First Group Asset Management is another name for the business, and it has a bilingual staff with experience in the hospitality and hotel sectors.
The business has its headquarters in Dubai but also has operations in Spain, Qatar, and the UK.
Danny Lubert and Gary Shepherd, who presently serve as joint chairman, created the company. Both have decades of experience working in international real estate and are British nationals.
They work with companies including Wyndham Hotel Group, Auris Hotels, Solo, Carrefour, and Hsmai as clients and partners. The company’s primary market is the hospitality sector, which mostly consists of hotels and commercial real estate. They may assist with managing residential real estate, though.
Services and Costs
Include a broad variety of asset and property management services that are especially tailored for clients in the hotel, retail, and commercial sectors.
Pre-opening phase, asset handover, risk analysis, inspections, asset optimization and maintenance, and dynamic leasing solutions are just a few of the services offered.
Office Address
12. Colliers
Global real estate brokerage and property management company Colliers International. With USD 2.6 billion in yearly revenue, it is one of the largest real estate firms in the world.
The corporation has operations in 69 countries, including the UAE, and more than 15,000 employees. Seattle, Washington, in the United States, serves as the location of the company’s headquarters.
It was established in Canada in 1898, making it not only one of the biggest real estate businesses but also one of the oldest. When it relocated to the United States and joined with two other real estate firms to become Colliers International in 1976, it became a household brand.
Dubai and Abu Dhabi both have offices for Colliers International. Ben Scott, who serves as the Associate Director, oversees the operations in the United Arab Emirates.
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