Short-term property management is the process of renting out your Dubai apartment with a specialised property management company. This can be done in a variety of different ways, including:
Online platforms such as Airbnb and Vrbo (previously HomeAway).
Renting out your own property to tourists or other people who are visiting Dubai for business purposes.
There are many benefits to renting out your Dubai apartment with a short-term property management company. Read on to discover why this may be the best way for you to earn more in Dubai by investing in short term lets.
Reason 1: Professionalism
The first reason to rent out your Dubai apartment with short-term property management is, professionalism.
A skilled property manager has a trained and experienced team who know how to handle any situation that may arise during the rental process or after you've signed on as a client. This includes everything from dealing with maintenance issues at your property, booking guests and ensuring they have an enjoyable stay at your place, working with potential tenants who want to rent from you--and even helping them find other properties if they decide not go through with their initial plan.
At Key View Dubai we have a reputation for excellence in all areas of property management and our expertise is unmatched. We have been in business for over 20 years, so we know what it takes to provide excellent customer service.
Reason 2: Ease of Use
Renting out your property is easy when investing in a property manager, because they handle all the details for you. They will take care of everything, from finding tenants and screening them, to managing their stay in your apartment and collecting rent payments on time every month. This means less work for you and more profit!
Reason 3: Flexibility
You also have the flexibility to choose from a wide range of rental periods and payment methods. This can be especially useful if you're planning on traveling abroad or need to move into another apartment while still having someone pay for yours.
The services we offer at Key View are also customizable based on what best suits your needs, whether it's cleaning services, maintenance, or even food delivery!
Reason 4: Support and Advice
As an investor and property owner, you may have questions about the rental process. You might need help with legal matters or advice on rental rates. With a property manager you will be provided with all of this and more, including local market insights that will help you make an informed decision about your property.
Reason 5: Financial Benefits
As a landlord, you have the option of renting out your property on a short-term basis. This will allow you to earn more money than if you were to sell it or keep it as is. In addition, there are many other financial benefits associated with this type of rental arrangement, such as:
Higher returns - Short-term rentals are generally more profitable than long-term leases because they attract higher rates and therefore provide greater returns for landlords.
Low overhead costs - The cost of maintaining an empty apartment is much lower than that associated with keeping one occupied by tenants who live there year-round (including utilities). This means that even if you don't find any bookings for your unit during its off-season, there's still some money coming in from monthly fees charged by property management companies or Airbnb hosts who manage their own properties independently using platforms like Vrbo (previously HomeAway) - which charges $20 per night.
Tax advantages - If someone else pays all the bills while staying at your place (i.e., utilities), then those expenses aren't counted against income when calculating taxes--and neither is any rent paid!
If you are a property owner looking to earn back from your home, let us do the work for you by getting in touch with Key View to learn more about the process, and you can also take a look at our FAQs section on our website where you may find one of your questions answered.