Dubai is an investment hub where people can buy properties or stakes in other businesses. Tax-free rental yields also attract investors to the city. Moreover, freehold areas in Dubai are open to foreign investors and expats. That said, the Dubai Land Department has launched an initiative where one can register and complete property sales transactions remotely.
Since DLD has made buying or renting a property remotely more convenient than ever, it comes down to how to manage your house remotely. Here we have compiled some tips to manage your property from a remote location conveniently.
TIPS TO MONITOR YOUR HOUSE REMOTELY
Managing a property is a daunting job, and that too, from a remote location. Alongside the security systems, a house requires proper management and maintenance to yield a higher return on investment (ROI). For instance, your home needs cleaning, pest control, and other system maintenance and services. Moreover, when you list your villa or apartment to rent in Dubai, potential tenants look for top-notch facilities.
However, the following tips and processes will help you manage your house remotely:
SET UP DIGITAL PAYMENTS
The Dubai Land Department launched a new system providing services to make real estate transactions from any remote location. Alongside this, fintech companies across the globe offer safe and convenient services to send and receive money from any place in the world.
Digital payments are a convenient solution to collecting rent and paying the companies to manage your house remotely. For instance, Etisalat can be used for international transactions.
HIRE A LOCAL REPRESENTATIVE OR PROPERTY MANAGEMENT COMPANY
While managing property on your own seems the cheapest option, it is preferable to hire a local representative or property management company to manage your property remotely. The property management companies offer the following services:
- Organising tenancy agreements according to RERA rental laws
- Tenant move-in and out and rent payments
- Utility service management and connections
- Home maintenance services
- Organising insurance details
- Overall management reports
INSTALL HOME SECURITY SYSTEMS
You can hire security companies in Dubai for your property or business safety. Besides, multiple gadgets are available for home security including CCTV cameras, Burglar alarms, and smart door locks. That said, these surveillance systems can be operated from anywhere you are residing.
E-SIGNATURE SET UP
With multiple software available where you can sign a lease agreement with a new tenant, it has become convenient to manage your property remotely. Some of the software offering e-signature and making lease agreement and renewal ease are as follows:
- PandaDoc
- Buildium
- Adobe Acrobat Pro
- Docusign
- HelloSign
- Rentec Direct
SMART MOBILE APPS TO MANAGE YOUR HOUSE REMOTELY
Remote property management requires smart apps to pay bills and manage security surveillance systems. For instance, DEWA smart app offers you the activation and deactivation of the electricity and water account. Moreover, you can pay DEWA bills online from anywhere you are located.
SCHEDULE YOUR PROPERTY VISITS
When you are managing a house remotely, it is always a good idea to schedule property visits at least once or twice a year. That said, it will allow a detailed inspection of property maintenance requirements. Furthermore, if you have hired a property management company, you can evaluate how skillfully they have maintained your property in your absence.
However, if you have not hired a property management company, you can look around if your house requires services from home maintenance and pest control companies in Dubai.
This was all about how one can manage a house remotely in Dubai. Although the basic tips remain the same, the procedures and companies will change when you live in a different Emirate. That said, whether you live in the same Emirate or abroad, you can buy a house in Dubai and manage it remotely.
Keep reading the UAE’s leading property blog to learn more tips to manage and maintain your house properly.
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