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Being one of the most prosperous and appealing cities in the Middle East, foreigners are moving to Dubai in vast numbers. Renting property instead of buying is not the best choice if you plan to stay long term, property prices are relatively low compared to the obscure rents that can be found in many places.
If you ever decide to buy a property in Dubai, like a villa, you’ll probably want someone to take care of it for you, may you be a permanent resident or just visiting Dubai occasionally.
Therefore, I’ve written this guide where I list some of the most popular property management companies in Dubai.
1. Key One Properties
KeyOne Properties is a subsidiary of KeyOne Realty. The group was founded in 2006 and owns three different companies, all working in the real estate sector. The companies are:
- KeyOne Real estate (realtor)
- KeyOne Homes (holiday home short-term rental service)
- KeyOne Properties (real estate management and long-term rental company)
KeyOne Properties is an international real estate company based in Dubai. They offer real estate management services for residential, commercial, and retail properties in all over UAE. In addition to Dubai, they also have offices in Abu Dhabi and Ras Al Khaimah.
The company has over AED 200 Billion worth of property under management in asset value.
Services & Fees
KeyOne Properties offers many services related to property management that include lettings, management, maintenance of housing tools, online payments, and offering landlord portal on their website.
You can also choose from customized plans that include optional inspections, tribunal assistance, and property care services.
The property listing service is free, while they charge 5% of the rent to landlords for management and a 7% fee with additional optional services mentioned above.
Office 311, IBN Battuta Gate
Sheikh Zayed Road,
Dubai, United Arab Emirates
Founded in 2000, ZMG (Zidan Management Group, Inc.) is a property management company based in Dubai, offering services in Dubai and Sharjah. ZMG is owned by an American, Raed Zidan, who leads a team of 100 multilingual people. The company also operates in the US, as well as in the Gulf region, and a leading property management company in Dubai.
Raed has founded several other companies in US and the Gulf in the past, like L.I.N.C, a phone company.
Services & Fees
Include property management services for residential and commercial properties, like apartments, condos, and villas. They’re currently managing 5,000 properties.
ZMG offers property management, property leasing, and sales services. The property management services include marketing, tenant screening, full-service leasing, rent collection, maintenance, financial analysis, and accounting,
Office 501, Ibn Battuta Gate Offices
Blueground is a hospitality company that was established in Greece in 2013. The company has grown fast since its inception and currently manages more than 400 apartments in Dubai.
With more than 250 employees in the US, Dubai, Greece, and Turkey, Blueground has managed to take on multinational clients like Coca Cola, Siemens, CNN, LG, and Samsung.
Services and fees
Blueground’s services differ from traditional property management companies.
Firstly, they lease and later furnish high-end properties. After, the units are sub-leased to primarily senior business travelers that stay in Dubai for a month or longer.
The key benefits of using Blueground’s services as a property owner are:
- Blueground leases your apartment for a period of 3-5 years
- They furnish your apartment with bespoke furniture
- If there’s no tenant, Blueground still pays you on a monthly basis
- You don’t need to worry about repairs or maintenance
The company makes its earnings from the final rental price charged to the sub-tenant.
Office 2504, Media One Tower
P.O. Box 211542, Dubai
4. BSO Dubai
BSO is an emerging property management companies in Dubai, with clients in 31 countries. According to BSO, their average client’s ROI is 7% and they’re currently managing 102 mega projects in different parts of Dubai.
They offer real estate management services for commercial and residential properties, that are mostly targeted towards landlords who live outside of Dubai.
Services & Fees
The property management services include finding new tenants, maintenance support, lease management, rent collection, online bill payments, resolving rental disputes, They charge a standard fee of AED 500 a month.
Office 701, Concord Tower, DMC
Asteco is one of the most prominent full-service real estate agencies in the UAE based in Dubai. This property and asset management company was founded in 1985, making it one of the oldest real estate agencies in Dubai.
Even if their head office is based in Dubai, they also offer services in several other places in the Middle East that includes Abu Dhabi, Sharjah, Jordan, Saudi Arabia, and Al Ain.
John Stevens is the current Managing Director of the company and leads a multilingual team of mostly expats from North America and Europe. He joined Asteco in 2004, before that, he worked in the real estate sector in Southeast Asia for over a decade.
Some well-known residential and commercial clients include Aldar, Al Abbar Group, Deyaar, Tameer, Alain Properties, Aabar, Abu Dhabi Finance, and many more.
Asteco has won several awards in the last few years which makes them one of the most recognized real estate agencies in the region:
In 2017, they won several awards by International Property Awards that include Best Property Consultancy (also in 2016), Best Letting Agency, and Best International Property Consultancy Marketing. They also won Menafa Excellence Franchising Awards in the same year. In 2016, they were voted as Superbrand according to UAE’s Choice
Services & Fees
Asteco offers a wide range of real estate services, including online property listings, valuation & advisory, sales, leasing, and asset management (retail, commercial, and residential).
Since 1985, they’ve managed more than 5,700 buildings, both residential and commercial. They’re currently managing more than 13,000 units and around 385 developments.
They offer their services to individual clients, like landlords, as well as entire residential compounds and towers. They also manage residential apartment blocks that are associated with hotels, as well as mixed-use developments.
3rd Floor, Rolex Tower, Sheikh Zayed Road
(Next to Financial Centre Metro Station)
6. Provident Estate
Provident Estate is a full-service real estate agency that ranks among the top real estate agencies in Dubai. It’s an award-winning and an ISO certified company, known for its high-quality services in the real estate sector.
Founded in 2008, Provident Estate quickly climbed to become a top agency in Dubai, within a period of just two years, including all major property portals. Provident Estate established their property management wing in 2012, and after a year, they started a facility management service as well.
They also opened their second office in Dubai In 2014. The founder of the company is Loai Al Fakir, who is also currently working as the CEO of the company. He’s a graduate from Kingston University and relocated from Greece to Dubai in 2005.
He leads a multilingual team of 40 people from different countries, allowing his team to converse in more than ten languages.
The company has won several awards and certifications in the last few years, including the Best Brokerage Firm Award by the Dubai Land Development in 2014. In 2013, they won Best Property Website in Dubai Award by International Property Award.
Services & Fees
Include property and facility management services to residential, commercial and industrial properties, like single units, retail spaces, holiday homes, townhouses, retail spaces, holiday homes, apartments, villas, commercial offices, and towers.
Provident Estate offers two types of service plans based on the number of services provided and the fees:
The full management plan cost you 8%, but includes a wide range of services, for example, marketing, leasing, tenancy contract, rent collection, repairs, property inspections, and a dedicated administrator.
The other option is a leasing service for 5%, only including tenancy related services, but no inspections and maintenance services.
#602, Maleka Al Zarooni Building, Sheikh Zayed Road, Al Barsha
Binayah is an emerging full-service real estate agency and property management company, founded in 2007. In the last few years, Binayah has worked with some of the top property developers in Dubai like DAMAC, Nakheel, Dubai properties, and Emaar.
Binayah has around 15 multilingual property consultants and property managers, operating in Muscat and London.
The company offers a wide range of services that include asset management, property management, property sales and leasing, and real estate brokerage service. They offer their services for both commercial and residential properties.
Services & Fees
Binayah offers landlords online access to their property portal with access to all important information. This makes it possible for landlords living abroad to keep an eye on their properties.
In addition, their property management services include marketing, property handover, tenant management, money management, maintenance, and dispute resolution.
Binayah Real Estate – Dubai, Suite: 908 | Executive Heights, Barsha Heights(Tecom) PO Box 487303
8. Better Homes
Better Homes LLC is one of the biggest full-service real estate agency in the GCC region including Dubai. With more than 500 people, Better Homes has several offices in the Middle East.
Better Homes was established by Linda Mahoney, who is currently working as the chairman of the company, while her son, Ryan Mahoney is working as the current CEO. Linda Mahoney, who was a nurse and a Canadian national, moved to Dubai in the early 80s when she started a surgical clinic, but in 1986, she started Better Homes, and switched her career to become a realtor.
She and her son lead a team of multilingual staff who work in their offices in Dubai, Sharjah, Abu Dhabi, and Qatar. They have worked with some of the leading developers in Dubai, for several Emaar projects like The Lakes, one of the most well-known projects by Emaar.
Better Homes has also won many awards like Top Sales Lead Generator and Top Sales Lead Generator Awards by Dubizzle Awards in 2017, Most Popular Brokerage Award in 2015 by Property Finder, and Dubai’s Most Popular Broker Award by Property Finder in 2014.
Services & Fees
Include property management services to landlords like marketing, tenant screening, collecting rent, maintenance, and everything that falls in between.
Better Homes is currently managing 5000 properties, with over 95% of occupancy rate. The fee is 8% of the annual rent, or AED 5000 a year, whichever is higher.
Vision Tower 42nd floor, Business Bay
9. Yallarent (AirBnB)
Yallarent is a property management company based in Dubai that specializes in short-term rentals. Yallarent works in partnership with companies like AirBnB to earn higher rental yields for their clients.
The founders are husband and wife, Nour and Alex, who started by renting their own residents in Paris and London, and soon decided to do short-term rentals as a career and started the company in Dubai.
The company not only manages your residential property, but also promises to increase the rental yields by 40%. In addition to AirBnB, they list your property on several other similar online portals like Booking.com, Holiday Lettings, HomeAway, VRBO, and Tripadvisor.
Services & Fees
Include several pricing plans:
Premium management that includes everything from marketing, to maintenance, to repairs, to tenant screening, is offered for 20% of the total rent
The second and most popular plan, called basic management costs 15% of the total rent with basic management services
For hotel apartments management, they charge 6% of rent
They also offer one of services for 100 AED
Business Bay Dubai
10. TFG Asset Management
TFG Asset Management is one of the leading property and asset management company in Dubai, known for offering customized management services to their clients.
TFG Asset Management, also called, The First Group Asset Management, has a team of experienced multilingual local and expat staff with expertise in real estate, hospitality, and hotel industry.
The company is based in Dubai, but they’ve worked in Spain, Qatar, and the UK as well. It was founded by Danny Lubert and Gary Shepherd, working as joint chairmen. Both are British nationals with decades of experience working in the real estate sector throughout the world.
Some of their clients and partners are Wyndham Hotel Group, Auris Hotels, Solo, Carrefour, and Hsmai. The focus of the company is the hospitality industry, mostly hotels and commercial space, but they also offer residential property management.
Services & Fees
They offer a wide range of asset and property management services customized for residential, commercial, and hospitality clients.
The services include pre-opening phase, property handover, risk analysis, inspections, asset optimization and maintenance, and dynamic leasing solutions.
24th Floor, Tameem House, Barsha Heights
PO Box 24573
Colliers International is a global real estate agency and property management company. With an annual revenue of USD 2.6 billion, it ranks among the biggest real estate companies in the world. The company employs more than 15,000 people and have offices in 69 countries including UAE. The head office of the company is based in in Seattle, Washington, United States.
In addition to being one of the biggest real estate agencies, it’s also one of the oldest, founded in 1898 in Canada. It became a global name in 1976 when it shifted to the United States and merged with two other real estate agencies to form Colliers International.
In UAE, they have offices in Dubai and Abu Dhabi. The UAE offices are managed by Ben Scott, who is working as the Associate Director.
Services & Fees
The offer full suite of property management services to their residential and commercial clients that include tenant management, building operations and maintenance, facility management, property accounting, reporting, lease management, revenue collection, performance analysis and strategic advice, and investment support.
Al Shafar Tower 1
12th Floor, Barsha Heights
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