How To Lease Your Property In Dubai

Finding an agent whom you can trust and establish a professional yet amicable relationship with is essential. It is crucial that you feel comfortable engaging in open and honest discussions with your broker.

After selecting a broker to collaborate with, it is vital to understand the documentation requirements for leasing out your property and promptly listing it online. Ensure you have the property Title Deed, your passport or Emirates ID, and a completed Form A provided by your broker, who will guide you through the necessary steps.

While you may have a target rental price in mind, it is crucial to determine if it aligns with the current realities of the Dubai property market. Explore various property portals to compare listings in your neighbourhood as well as in similar areas.

In addition, your broker will offer guidance and expertise regarding the local property market where you intend to lease out your property in Dubai. They will furnish you with market assessments and present recent rental prices in your vicinity for your reference.

Opting for exclusivity with a single agent guarantees that your property is marketed consistently and uniformly. This approach minimizes the risk of having multiple, conflicting advertisements for your investment on Dubai property portals, some of which may inaccurately list a different asking price than what you have agreed upon with your broker.

Prior to commencing the selling process, it is important to declutter your home. Professional photography will be arranged, so ensuring your property is clean and appealing is crucial. Any outstanding maintenance tasks should be addressed before the property is marketed.

At IQPRO, we invest significantly in marketing your property. We offer services such as professional photography, 3D tours, selected property video tours featured on our social media platforms. Additionally, we conduct targeted team activities, along with email and SMS communication with potential tenants.

Before any potential tenant visits, ensure your property is well-presented. Share with your broker what aspects you cherish about the property so they can effectively communicate these highlights to prospective tenants, showcasing features that may not be immediately apparent.

Whether this is your sole investment property in Dubai or part of a larger portfolio, we are here to provide assistance in managing your investment. The property management team at IQPRO can alleviate the challenges and uncertainties associated with renting out your property, offering assurance that your investment will be well-maintained. Visit our property management page for further details. 

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In response to offers involving multiple cheques, it is essential to consider being open to negotiation. Traditional single-cheque rent payments are less common nowadays, with tenants typically opting for multiple cheques. By accommodating this trend, you may secure a higher rental price. It is worth noting that a significant portion of properties leased through IQPRO involve payments made in multiple cheques.

Once you have received an acceptable offer, it is time to review the contract thoroughly and proceed with signing it. If there are any aspects of the contract that require clarification, do not hesitate to consult your broker for guidance.