Property landlord's guide in Dubai

A local property expert will conduct a CMA (comparative market analysis) on your property before it is rented so that you can determine what the rent is likely to be.

If you own multiple properties or do this remotely, you may want to consider giving your home to a Property Management team. If you grant your property supervisor power of attorney, they can collect payments and renew your property on your behalf, providing you with total peace of mind.

Your next step is to choose a real estate broker to list your property. The types of brokers that can help you sell your property in this competitive market are not all the same and you should only work with brokers you can trust that have a good reputation and a powerful marketing package. An active brokerage network, professional photography, and an online presence are important components to getting your property the most exposure and attracting tenants. As well as looking for a broker who is well connected, you should look for a broker who will bring tenants to your door from all over.

Choose one agent to represent your property. A broker with exclusive listings will have the confidence and security to devote more time and money to marketing your property, thus helping you get the best possible result.

Your broker must obtain all the signed RERA listing forms from all registered owners before they can list the property. You will also be asked to provide your broker with a copy of the title deeds and your identification in order for them to complete their due diligence.

First impressions are irrevocable. During the photoshoot and during the viewing, your broker can advise you on how to make your property look its best. Painting is one of the most effective ways to make a property more appealing to tenants, and don't forget the garden and front of the property to make it look as appealing as possible.

Renting out your furnished property for a short-term rental can increase your return on investment. Landlords tend to earn more money from short-term rentals than annual rentals, and they are more flexible.

When your property is listed it will appear on several property portals and your broker's website, and you should be able to schedule viewings with tenants that they have on their books as soon as the property is listed. After every viewing, your broker should keep you informed and talk with you about the marketing strategy on a weekly basis.