You will be expected to provide:
- A Valid Passport copy
- A Valid Visa copy (if you are a resident or tourist)
- A Valid Emirates ID copy (if you are a resident)
- Title Deed Copy or Oqood Registration copy
You will need to sign:
- RERA listing form – A form that permits the real estate brokerage company to market your property.
The tenant will need to pay to register the tenancy contract with Ejari as per Article 22 of Law Number 26 of 2007. Ejari is an online portal that requires every tenant and landlord relationship to be registered, to safeguard the interests of both parties.
You don’t need to be present for every viewing if you choose not to be. You can trust your agent to carry out professional and informative viewings.
- The first step in the letting process should always be to obtain a valuation of your property so that you know where you stand in the context of the real estate market. Your agent can help you organise a Comparative Market Analysis (CMA) to assess the value of your property.
- To further enhance the marketing of your property, arrange a photoshoot of the interiors of the property when it is ready for viewings. Your agent can assist you in organising a photoshoot for when it suits your schedule.
- If your property is furnished, consider letting it as a short term rental. It provides the consideration for a higher return on investment (ROI).
- Once let, tenants are not allowed to make any changes to the property without getting your permission as the landlord.
- You should consider listing exclusively with one brokerage as it causes the brokerage to invest more of the marketing budget into your property. If you list with Nexus Point, we can assure you that your rental property is being advertised to the highest standard of marketing.
Procure an Appraisal:
For landlords looking to let their properties, the first step is to ascertain its rental value. At Nexus Point, our agents can help you obtain a trustworthy property appraisal. Using the valuation results, you will gain insight into the state of the real estate market at the time of letting and your property’s position within the market’s spectrum.
Buying a property can, even at the best of times, be a daunting and frustrating experience without the right advice.
Choose an agent:
An important step of the process is to choose an agent to facilitate letting. When deciding on which agent you want to assist you, the key aspect is trust. At Nexus Point, our priority is to attain the best deal for our clients and demonstrate empathy for their requirements. The professional and expert advice you will receive from the agents at Nexus Point is unmatched; we will work at your pace and cater to your needs.
Get your Property Ready:
It is your responsibility as the owner of the property to get it ready for viewings. As a general rule, if you are living in the property you should:
- Declutter the environment
- Open windows to let in natural light
- Add fresh flowers and plants
- Keep private items out of the line of sight
If your property is vacant:
- Deep-clean the property
- Paint the walls
- Confirm that the utilities are working
After your property is ready for viewings, you can give your agent the go-ahead. They will then proceed to list your property on a variety of platforms.
A key step in this process that can decide the speed at which your property is let is marketing. At Nexus Point, our dedicated in-house marketing team has a keen understanding of the real estate industry and deliver the most effective strategies for lead generation through digital marketing, SEO, google analytics and more.
After the listing has been made and our marketing team broadcasts the property, your agent will schedule viewings. It is essential to have the property ready for viewings at all times of the day. At Nexus Point , our agents are extremely professional and efficient - they will arrive early for every viewing and make sure that it is tidy and presentable.
Accepting an Offer:
Your agent will convey all the offers made on your property to you. Your agent will guide you through the sea of offers and help you choose the one that is best for you and your requirements.
Once you’ve accepted an offer, a tenancy contract will be drawn up. A security deposit - usually one month’s rent - is paid by the tenant into your account. The contract is then signed and your tenant will schedule a moving-in date. You will need to provide your tenant with any access keys, swipe cards or parking information they will need once they move in.