Landlord's Guide

Landlord's Guide

A guide to leasing your property in the UAE

As a commercial property owner, leasing your property can be a lucrative investment opportunity, but it can also be a complex process. At CRC, we understand the importance of finding the right tenant for your commercial property, and we are here to help. We have developed a comprehensive Commercial Landlord's Guide to help property owners navigate the rental market with confidence. Our guide covers everything from preparing your property for lease to screening potential tenants and managing the lease agreement, ensuring that our clients have all the information they need to make informed decisions about their commercial property. Our Commercial Landlord's Guide is designed to be a one-stop resource for property owners, providing practical tips and advice on how to get the most out of their commercial rental experience. Whether you are a new property owner or an experienced landlord, our team of experts is on hand to guide you through every step of the process. From marketing your commercial property to negotiating with tenants and resolving issues, we are committed to delivering exceptional service and results for our clients. With our Commercial Landlord's Guide and our team of specialists, you can be confident that you are in good hands when leasing your commercial property in the UAE.

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1.

GET A CMA

If you’re thinking of selling your commercial property or looking for the right real estate investment, contact a local property agent to obtain a market valuation or comparative market analysis (CMA) so you can find out more about the current state of your commercial property.

2.

HIRE A PROPERTY MANAGER

As a commercial property owner, you may want to hire a property manager to help prepare and present your property. For example, a professional can ensure that your building is in its best condition so that potential tenants are more likely to notice it. They can also help with maintenance issues, handle collection payments, and renew your property on your behalf.

3.

HIRE A PROFESSIONAL BROKER

Once you’ve decided to sell your commercial property, it’s time to find a good commercial real estate broker. Finding the right agent can be the difference between getting top dollar for your property and settling for less than what it’s worth. A seasoned professional will ensure that your property is shown to prospective buyers, handle all negotiations and represent you in a way that ensures you get the best deal possible.

4.

Rera form

A property owner needs to give a broker permission to market their property by signing a RERA listing form. The broker also needs to obtain a copy of the title deeds and the owner's ID.

5.

Viewings and Offers

Once your property is listed, look forward to viewings. Consider every offer that comes your way and be prepared to negotiate. Consider all the factors when deciding whether to accept an offer, such as location, price and condition. On the other hand, don't use this strategy if your property is particularly competitive. Is it best to wait until you have a reasonable number of offers before deciding?

6.

Tenancy Agreement

If you are looking to rent some property in Dubai, it is important to seek legal advice and support when going through the tenancy agreement with your tenants and drawing up the final contracts. You will be required by law to register your lease agreements with Ejari, a system designed to regulate and facilitate the rental market of Dubai. Your contract will be kept on file for the duration of the tenancy, where it cannot be altered.