FAQ

A mortgage manager is responsible for arranging the funds for a loan through each phase of its existence. Cash management is the process of collecting and managing cash flowers, important for both individuals and companies, to obtain the best return on cash assets. Your property manager will assist you with this and arrange a mortgage on your property to add a new portfolio that will increase profit and cash flow. The financial instalments will be taken care of from the rental income, and cash management reports will be shared.

Your specific requirements are always at the heart of everything we do when choosing which property to show you and assisting you with all the important decisions. We are partnered with Mortgage International and will advise you and guide you every step of the way to make sure you get the most suitable mortgage model.

The owner is required to provide s valid passport copy, title deed or a sales and purchase agreement. From the tenant, a valid passport, visa and Emirates ID are required, along with the needed payments at the time of making the tenancy agreement between both the parties.

A security deposit is a refundable amount charged to the tenant at the time of making a contract. It is needed to protect the owner and make sure that at the time of a property handover from the tenant, everything is left in good working condition.

A tenancy agreement is a written document outlining the Terms & Conditions mutually agreed upon between the tenant and the landlord of the said unit for a particular period. The agreement shows the rental value, terms, number of payments and security deposit, and other important details.

We use targeted advertisements and marketing in relevant property portals to reach the target audience, and further narrow them down through viewing arrangements, rent negotiations, document verifications and further relevant vetting before finalizing a leasing contract.

Minimum 3 and maximum 15 days.

Original title deed, original passports of both the buyer and seller, original & valid NOC from the developer. If a mortgage is involved then a bank executive will arrange a meeting at the trustee’s office or the Dubai Land Department to go through the relevant payments.

RERA announced current market value of the property could be a little more or less than the actual figure. The actual price of the property is based on the performance of the market and depends on the flow of income through their rentals, location, community, services, available facilities etc. which can be ascertained based on current deals executed by our certified agents in the market.

Leasehold properties mean you are buying a property on a temporary lease contract. The land remains owned by the landlord, who’s also known as the ‘freeholder’. Ownership of the property will revert to them once the lease runs out.

No, buyers and sellers have an option to perform buying and selling with the help of legal power of attorney holders. POA holders can buy and sell properties based in the UAE according to their rights.

Among other services, we analyze the best price according to the current market and start advertising your properties in our property portal to get prospective clients interested in buying as per your expected price.

The commercial real estate buyer will need their original passport as per the developer’s process before transfers are made in the Dubai Land Department.

The buyer will have to submit their original passport with the attested visa page to proceed with the Dubai Land Department process, after obtaining a NOC from the developer.

Our diverse group of property consultants come from all over the globe, to best meet the cultural and language requirements of our customers. They are also all vigorously trained and are continuously honing their skills, providing our customers with tailored service and up-to-date, relevant information.

As per RERA renewals, a notice should be sent 90 days before the expiry date of the tenancy agreement and the landlord should inform the tenant if any changes need to be done in next year’s contract, provided the tenant is willing to renew the same. Renewal rent should be as per the RERA index calculator, sent in writing to the tenant through a registered email 90 days before the last date of the contract. If the landlord fails to send a renewal notice 90 days before the expiry of the contract, then the tenant has the right to renew the contract as per the same terms and conditions and on the same rent without any increase.

DEWA registration is an online process that requires a filled-out and signed application form (www.dewa.gov.ae), a passport copy with the valid visa page (both tenant and owner), a copy of the signed tenancy contract, and a copy of proof of ownership document or the title deed. It normally takes 24 hours for activation, provided all previous dues are clear. Security deposit and connection charges should be paid at the time of registration.

As per law, there is a penalty in case of a cheque bouncing due to insufficient funds. The tenant should arrange the pending rent along with the penalty in 15 working days after the cheque has bounced, otherwise, the Property Manager will proceed with registering a police complaint. During this course, the tenant can’t travel out of Dubai or he will be detained by the Dubai Airport Authority and placed in jail while legal actions are taken against him.