If you are planning to put your property for rent in Dubai, make sure to define tenancy rules. They must be mentioned in the rental agreement. If you haven’t defined them, it gives a free pass to tenants to be irresponsible. They wouldn’t take care of the property properly, resulting in irreparable damages.
Hiring an Incompetent Management Company
The trend of hiring management companies is on the rise in Dubai. A lot of foreigners, in particular, rely on the services of property management firms. These companies are responsible for managing their property and ensuring its well-being during the absence of the property owner.
This convenience and facility can often turn into hire if you have hired an incompetent management firm. Thus, it is recommended to do your research and make an informed decision when hiring such a company.