Loading...
Open 8 am to 8 pm call +971 4 439 4300
Has your property’s value increased?Call +971 4 439 4300 click here to view your property’s current value
Home » Landlords » Expert property advice » Landlords guide

Landlord's Guide

Letting a property can, even at the best of times, be a daunting and frustrating experience without the right advice. So before you start your search, use our Landlords’ Guide to give you the basic knowledge and tools to take the first step in finding the right person to occupy your home.

A How much will it cost me to let my property?

The costs involved in letting your property will consist of:

Inventory Check Report

An Inventory Check Report must be organized before a tenant moves in. The cost of the report varies on the size of property you have.

Agency Fee

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. The fee is charged as a % of the agreed rental price.

EJAARI Registration

Ejaari 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 landlord must pay to register the tenancy contract with Ejari. Smith & Ken Property Management will register this on your behalf for AED 310.

B Are there any additional marketing costs?

Most Real Estate Agencies 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. Smith & Ken do not charge any additional marketing expenses.

C Who will conduct viewings on my property and when will they occur?

Your Real Estate Agent should conduct all the viewings, some agencies tend to ask you to do it, however Smith & Ken does 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. Smith & Ken is open 8 am to 8 pm 6 days per week.

D Do I need to be present for viewings?

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.

E What is EJAARI and what do I need to do?

EJAARI is the regulatory body for renting property in Dubai. All tenancy contracts have to be registered with EJAARI in order for them to be legally binding. It is the responsibility of the landlord to register the tenancy contract.

F How much will it cost to have my property managed?

Your Real Estate Agencies Property Management fee will be charged as a % of the rental price and is payable upon signing the tenancy contract with the tenant. You should refer to your Estate Agent’s Terms and Conditions for a clear outline of the services and fees. Please contact our Property management Team to discuss Smith & Ken’s Landlords Terms and Conditions of Business.

G How much does an Inventory Check cost and who is responsible for organizing this?

The price varies depending on the size of your property and your Real Estate Agent should be able to organize this on your behalf. Smith & Ken can organize and conduct an Inventory Check for you and will be for free should you choose to use our Property Management Service.

H What if my property needs to be repaired   before I can rent it out?

That’s not a problem; many landlords often need to make a few repairs here and there. Smith & Ken can help you to fix any damage; we use the professional services of a 3rd party who are famed for quality, price and speed of work. Please contact our Property Management team on 00971 4 4394300 for further details.

I What documents do I need to register my property for let?

In order to successfully list your property to let with us we need copies of:
  • The 1st page of your Property Sales Agreement or Title Deed;
  • Copy of Passport
  • The Keys for the property

J What are the next steps to register my property?

In order to register your property you need to create your account in My Listings Progress

K Who will value my property?

We have a very experienced team of Lettings Consultants and Property Managers who will value your property. In addition, we have a research department dedicated to following the market trends that provides our team with an un-comparable insight into the property market which allows them to be able to provide you with accurate expectations and advice.

L How will property be marketed?

We use various mediums of promoting your property all of which have proven to be very successful. Our website receives thousands of visits every day, our helpdesk receives over 100 tenants enquiries every day so rest assured no agency will be doing more than Smith & Ken to let your property.

M What happens when I accept an offer?

Once you’ve accepted an offer from a prospective tenant, an agreement known as a Tenancy Contract needs to be signed between both you and the tenant. This agreement highlights the terms and conditions agreed. The tenant shall pay a security deposit of 5% of the value of the tenancy contract and should also provide post dated cheques to you for the duration of the agreement. As a landlord, you have the option to decide how many cheques you want to take. Some take 4 whereas many are now taking 12 to attract tenants and to compete with other landlords. The beauty is it’s all down to you to decide.

Interested in Smith & Ken letting your property? Register now

Please provide your contact details in the form below

Your Personal Information

How would you like to be contacted?

Area of Interest

Your Comment

 

Registered My Smith & Ken User?

Click Here

Registered My Listing Progress users?

Click Here

Before you can search through our listings, you need to register below and become a free member of My Smith & Ken and benefit from:

  • Saved Property Searches
  • Saved Property Shortlists
  • Customised email and sms alerts
  • Your Viewings Status
  • Your Offers Status

Register now and automatically enter into a free draw to win 2 tickets for Atlantis Water Park!

Registered Landlords/Owners?

Click Here

To submit your property please register free for My Listings Progress Account:

My Listings Progress Account will allow you to:

  • View all the properties listed with Smith and Ken
  • Number of times your property has been viewed
  • Average rating received by your property

Please fill out below form if you are not registered.

Your Personal Info

Please register your name and password

Registered User? Click Here

Please register to send us of your property available for sale.
The registration help us to enable you to review the progress of your property.

In case of query, please call us on +971 4 439 4300

Registered Landlords/Owners? Click Here

Enter your email address below and we will send you your username and password
User Name/Password Reminder

Yahoo and Hotmail users:
If you are using yahoo or Hotmail email address, sometimes the email sent from us may be filtered mistakenly as spam and may be found in your Junk/Bunk mail folder.

Confirmation

Your login details have been sent. Within the next few minutes you should receive an email from us at the address you specified containing User Name and Password for your account.

You need to first register for a My Smith & Ken account to be able to see our listings please follow the steps below:

  • Fill out the registration form and enter your username & password and click register
  • An email will then be sent to the email address you provided
  • Open that email and click on the verification link
  • This will divert you back to our website to the My Smith & Ken log in page
  • Please enter your username and password and you can then begin searching and taking full advantage of our websites features!