Property Management Services
Introduction
Bayt Alfuras Real Estate Brokers Is Proud to Introduce Complete Property Management Services and Solutions by Taking Management of the Day to Day Matters of Your Property on Your Behalf.
Our Objective Is to Provide a Personal, Professional, Efficient and Hassle Free Services.
Company Overview
Bayt Alfuras Real Estate Is an Independent Real Estate Firm, Specializing in Sourcing, Marketing, Managing Commercial and Residential Properties in the UAE. Aided by a Team of Experienced Property and Asset Managers, Bayt Alfuras Real Estate Is Well Placed to Offer Sound Advice to Investors Considering Taking a Position in the Flourishing UAE Property Sector.
Marketing & Leasing
Through Our Contacts Corporate Companies in Dubai We Are Able to Source Tenants Through Those Channels, Along With Our Extensive Networking, Portals, Social Media Platforms and Website.
For Each Property That Is Leased and Managed, a Management Fees of 7% Of Annual Rent Is Charged to the Landlord.
Property Management Administration
In Order to Manage Your Property, We Would Provide You With Experience, Excellent Customer Relations and Administrative Skills, Along With Regular Administration Checks, to Ensure That All Aspects of the Management of Your Property Are of the Highest Standard.
Inspections and Property Maintenance
When Your Property Does Happen to Require Maintenance, We Would Arrange for Such Maintenance to Be Undertaken by Our Associate Maintenance Company in a Professional Manner; The Repairs Would Be Closely Monitored for Quality and the Work Would Be Carried Out in a Manner So as to Cause as Little Inconvenience to Your Tenants as Possible. This Would Cover Cleaning Services if Required.
Reporting
We Will Provide Regular and Consistent Reporting on All Leases, Management and Accounting Aspects of Your Property Using Our Detailed Systems Thus Protecting Your Property Against Loss, Damage or Negligence.
Financial Management
We Provide a Full Set of Accounts Summarizing All Financial Transactions on a Property Including All Receipts and Payments, Cash Reconciliation, Funds Supplied for Management, Direct Payments, Disbursements, Direct Banking, Commission Schedules and Arrears. We Will Provide You With a Statement Whenever Required.
Lease Management
We Will Draw up All Tenancy Contracts. Register the Ejari. We Will Also Maintain a Register of the Commencement and Expiry Details of All Leases. All Lease Renewals Will Be Handled and Completed by Us. Relevant Notices for Renewals (I.E 90DAY Renewal) Will Be Sent Out on Time Assuring No Delays.
Screening – Tenant Selection
Screening Is a Big Step Towards the Solution of Finding the Right Tenant:
- Prevent Potential Losses From Dishonored Cheques
- Monitor the Profile of Existing Customers (Making Sure the Prospective Tenants Meet All Our Requirements and Provides All the Relevant Documentation)
Banking
We Will Deal With the Collection of All Rental Cheques and Deposit Them Into Your (Landlords) Account. We Insist on All Landlords to Have or Open Local (UAE) Bank Accounts.
Summary
We Understand That Real Estate Assets Are Investments With a Financial Value, Which Must Be Protected and Enhanced. Our Goal Is to Provide Common-Sense Property Management Services and Maintain a Healthy Relationship With Owners and Tenants Also Providing Investors With the Best Possible Return on Investment.
