Frequently Asked Questions
The costs involved in letting your property will consist of:
Inventory Check Report
An Inventory Check Report should be organized before a Tenant moves in as it’s very important you have evidence of your property’s condition before a Tenant moves in as the report will act as protection in case of disputes about the condition of the property when the Tenant vacates. The cost of the report varies on the size of property you have.
The Agency Fee is payable when a Tenant is introduced and agrees to rent your property. The fee is payable upon signing the Tenancy Contract. We charge a fee of 5% of the Annual Rent per annum or AED 4000 whichever is the greatest.
Ejari which stands for “My Rent” in Arabic is the new initiative of RERA to regulate the Rental Market of Dubai. This new system is part of Law Number 26 of 2007 which regulates the relationship between Landlords and Tenants. The Tenant must pay to register the Tenancy Contract with Ejari as per Article 22 of Law Number 26 of 2007.
Most Real Estate Agents include the marketing costs in the Agency Fee; however, some may charge additional costs. It’s best to check with the Agency before registering your property with them. We do not charge any additional marketing expenses.
Your Real Estate Agent should conduct all the viewings, some agencies tend to ask you to do it, however we do not. We like to justify our fees. It is also advisable to choose an Agency that is open for longer hours in order to maximize the number of viewings on your property. West Gate Real Estate is open 9am to 6pm, 6 days per week.
If your Real Estate Agent has all the keys and access codes for your property then it’s better for you not to attend as it’s proven that Tenants often feel more relaxed when the Landlord is not present for fear of saying something that might offend.
Ejari is the Regulatory Body for renting property in Dubai. All Tenancy Contracts have to be registered with Ejari in order for them to be legally binding. It is the responsibility of the Tenant to pay to register the Tenancy Contract as per Article 22 of the Law Number 26 of 2007. The Landlords Responsibility is to provide the Title Deed and his Passport Copy.
We have a variety of packages to suit all Landlords. The Property Management Fee is usually calculated as the 5% of the Annual Rent you receive for your property and is automatically renewed. Please contact us to discuss it’s Landlords Terms and Conditions of Business.
The price varies depending on the size of your property and your Real Estate Agent should be able to organize this on your behalf. We can organize and conduct an Inventory Check for you and will be for free should you choose to use our Property Management Service.
In order to successfully list your property to let with us we need copies of:
- Oqood Registration or Title Deed
- Copy of Passport
- The Keys for the property
In order to register your property simply click on the List Your Property form or call us on +97143927677 number.