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While owning property in Dubai is exciting… managing it? Not exactly.
Let’s be real – being a landlord in Dubai IS overwhelming. From finding good guests or tenants – to fixing broken ACs, there’s always something to do.
That’s why smart owners turn to property management companies – to take off the weight and bring in more profits.
Question is…which company is right for you?
Don’t worry – we’ve done the homework.
By the end of this article, you’ll be able to make an informed decision on the best Dubai property management company to choose.
Ready, set…go!
Owning property in Dubai can be a goldmine – if you play your cards right. There are 3 major things you need to know:
However, as a property owner, you’ll face major challenges like staying compliant, daily property management, finding guests or tenants, and many more.
With these hurdles, you may be wondering if owning a property in Dubai is worth the hassle. Truth is, it totally can be – with the right property management company in your corner.
We’ve rounded up the crème de la crème of Dubai’s property management companies, the top dogs, the… well, you get the picture.
But before we jump in, remember: there’s no one-size-fits-all in this game.
What works for Habibti’s Marina studio might not be the best fit for your cozy family villa. So, keep your property goals in mind as we break down these companies.
If you’re looking for the most efficient property management company in Dubai, with the MOST services offered, that’s Homevy. Founded by property owners themselves, Homevy remains a favorite amongst many property owners in Dubai.
Key Features of Homevy’s Airbnb Management Service In Dubai:
Available Cities: Dubai
Management Fee: Starts at 14%
Onboarding Fee: None
Best For:
Homevy is the right choice for property owners who want the best short term rental property management service in Dubai – without breaking the bank. If you’re looking for a company that treats your property like their own (because, well, they do own properties), Homevy’s your match made in real estate heaven.
But here’s the good part…
Homevy doesn’t just manage properties; they help maximize your ROI. And with only performance-based pricing and no extra fees, you can rest easy knowing this company will do all it takes to make your property profitable.
So if you want a property management company that combines local Dubai know-how, GREAT tech, and a genuine understanding of property owners’ needs, Homevy’s tough to beat.
If you prefer a company that is not only present in Dubai but in 21 other countries and 38 cities, then Blueground may be the way to go. Blueground focuses on furnished apartments for mid to long-term stays.
Key Features:
Available Cities: Miami, Los Angeles, Mexico, New York, Dubai, and 16 other cities.
Management Fee: Not publicly specified.
Onboarding Fee: Not specified.
Best For: Owners of properties seeking medium to long-term corporate rentals.
Potential Con: Not specific to Dubai, so may lack local know-how of property management in Dubai. May also lack a personal touch with property owners, as the company manages thousands of properties worldwide.
GuestReady has been moving the industry since 2018. The company offers a range of property management services in Dubai to help property owners maximize their returns.
Key Features:
Available Cities: Saudi Arabia, Switzerland, Ireland, Portugal, United Arab Emirates, France, United Kingdom.
Management Fee: 15-20%
Onboarding Fee: 1000 AED, with an additional 200 AED per bedroom.
Best For: Property owners looking for short-term rental management within and outside Dubai.
Potential Con: More generalized, not specific to Dubai alone.
Deluxe Holiday Homes specializes in managing luxury short-term rental properties in Dubai. They focus on providing high-end experiences for guests and comprehensive management services for property owners.
Key Features:
Available Cities: Dubai
Management Fee: 20-25%
Onboarding Fee: Yes (but amount not specified).
Best For: Owners of luxury properties looking to enter the short-term rental market in Dubai.
Potential Con: Higher management fees compared to other companies in the market.
Frank Porter is a property management company that focuses on Airbnb rentals in Dubai. They aim to simplify the rental process for property owners while increasing ROI.
Available Cities: Dubai
Management Fee: 17%
Onboarding Fee: Not specified.
Best For: Property owners looking for a hands-off approach to Airbnb management in Dubai.
Potential Con: Limited to short-term rental management only, and may not have enough services to justify the relatively high pricing.
Silkhaus is a tech-driven property management company that specializes in long term and short-term rentals in Dubai. They help property owners maximize their investment portfolio, while using technology to streamline property management processes.
Key Features:
Available Cities: Dubai, Riyadh, Abu Dhabi.
Management Fee: Not specified.
Onboarding Fee: Not specified.
Best For: Property owners who want long term and short term rental management.
Potential Con: May lack a personalized touch due to many properties under management.
Stonetree is a vacation rental and long-term rental property management company. They also help property owners buy and sell properties in Dubai.
Key Features:
Available Cities: Dubai
Management Fee: Not specified.
Onboarding Fee: Not specified.
Best For: Property owners who want both short term and long term rental management services.
Potential Con: Lacks some core services to provide a comprehensive solution for property owners.
Betterhomes is a well-established real estate company in Dubai that offers property management services on demand.
Key Features:
Available Cities: Dubai, Abu Dhabi.
Management Fee: Not specified.
Onboarding Fee: Not specified.
Best For: Property owners looking for long-term rental management from an established company.
Potential Con: Has less focus on short-term rentals, compared to companies solely for holiday homes management.
2ndHome offers a hassle-free full management service in Dubai, and is committed to delivering unparalleled results. They have an understanding of the local market with a combined 20 years of experience, ensuring your investment flourishes.
Key Features:
Available Cities: Dubai
Management Fee: Not specified.
Onboarding Fee: Not specified.
Best For: Property owners looking for a customer centric approach to short term rental management.
Potential Con: May not have enough service coverage for a comprehensive management company.
Licensed by the Dubai Land Department, EliteLux Homes has established itself as a great property management service by consistently achieving remarkable occupancy rates and delivering higher rental yields compared to non-managed properties.
Key Features:
Available Cities: Dubai
Management Fee: Not specified.
Onboarding Fee: Not specified.
Best For: Property owners looking for an expert team dedicated to meeting their property management needs.
Potential Con: May not be fully hands off for property owners. You may still have to address certain maintenance issues, furnishing, or insurance.
Asteco is one of the largest property management companies in Dubai and the UAE at large, offering comprehensive property management alongside real estate offerings.
Key Features:
Available Cities: Dubai, Abu Dhabi, Sharjah.
Management Fee: Varies based on property and services.
Onboarding Fee: Not specified.
Best For: Owners of large residential or commercial properties.
Potential Con: May be less suitable for individual property owners with single units.
Espace Real Estate provides property management services as part of their broader real estate offerings.
Key Features:
Available Cities: Dubai
Management Fee: Not specified.
Onboarding Fee: Not specified.
Best For: Property owners looking for a mix of real estate and management services.
Potential Con: May have less focus on property management compared to other real estate services.
BSO has carved out its niche in Dubai’s property market by focusing on what matters most to property owners – rock-solid legal protection. BSO deals with long term rental management in Dubai, handling everything from routine maintenance to annoying rental disputes that keep you up at night.
Key Features of BSO
Available Cities: Dubai
Management Fee: Not publicly disclosed.
Onboarding Fee: Not specified.
Best For: Property owners who prioritize legal protection and want to use their property for long term rentals.
Potential Con of Using BSO: The focus on legal expertise might mean higher management fees, and a fixed income with long term rentals.
Since 2007, MMP has been changing how property management is done in Dubai. They’ve turned the traditional headaches of long term rentals into a smooth, mobile-first experience that puts you in control.
Key Features:
Available Cities: Dubai
Management Fee: Not publicly disclosed.
Onboarding Fee of MMP: Not publicly disclosed.
Best For: Real estate investors living abroad, who want their properties managed by professionals.
Potential Con: Fixed rental income from long term rentals.
Founded in 2008, Provident’s team takes rental management to the next level with their meticulous reporting system throughout each tenancy. Their secured addendum acts as a safety net, ensuring properties maintain their value while holding tenants accountable for any damages.
Key Features:
Available Cities: Dubai
Management Fee:
Onboarding Fee: Not publicly disclosed.
Best For: Property owners who value comprehensive protection of their investment through rigorous monitoring, prefer predictable fixed fees, and want a high-touch service with around-the-clock availability.
Potential Con: Their fixed annual fee structure, while simple, might be less cost-effective for smaller properties where a square footage-based pricing model could result in lower management fees.
With roots stretching back to the 19th century, Colliers brings centuries of property management wisdom to Dubai’s modern market. Their global presence and extensive experience make them a go-to choice for both residential and commercial property management.
Key Features:
Available Cities: Dubai and Abu Dhabi.
Management Fee of Colliers: Not publicly disclosed.
Onboarding Fee: Not publicly disclosed.
Best For: Large-scale property investors and those with international portfolios.
Potential Con of Using Colliers: Might be too large-scale for individual property owners with single units.
Nestify’s rental management approach handles everything from guest communications and 24/7 check-ins to housekeeping and maintenance, allowing property owners earn passively while maintaining full control over their property’s availability. Drawing from their firsthand hosting experience, Nestify’s team of experts create premium experiences for both property owners and their guests.
Key Features:
Available Cities: Dubai
Management Fee of Nestify: Not publicly disclosed.
Onboarding Fee: No setup fees.
Best For: Property owners who prefer a hands-off approach, and are willing to prioritize higher potential returns over predictable income.
Potential Con: Seasonal fluctuations in income due to focus on short-term rentals.
Established in 2018, AirDXB has rapidly emerged as a leading 360° solution platform for real estate management in Dubai, specializing in both traditional and short-term rental properties. This way, they’re able to maximize returns across entire property portfolios.
Key Features:
Available Cities: Dubai
Management Fee of AirDXB: Not publicly disclosed.
Onboarding Fee: Not publicly disclosed.
Best For: Property investors who have (or plan to build) a diverse property portfolio in Dubai and want a consultancy-driven approach to maximizing returns across both traditional and short-term rental markets.
Potential Con: AirDXB’s heavy focus on portfolio-wide management and consultancy services might mean smaller property owners with single units could receive less personalized attention and may be paying for comprehensive services they don’t fully need.
Operating in both Dubai and London markets, UpperKey’s approach to property management is a little different. They position themselves as the primary tenant, guaranteeing property owners a steady monthly rental income with the unique option of receiving up to 12 months of rent upfront.
Key Features
Available Cities: Dubai and London.
Management Fee: Zero management fees.
Onboarding Fee: No onboarding fees.
Best For: Property owners who value guaranteed income over potentially higher variable returns.
Potential Con of Using UpperKey: Might offer lower rental rates in exchange for guaranteed income.
Now that you know Dubai’s best property management companies – the question is; what exactly are these guys doing? What do they bring to the table? Are they the table?
Photo by: RDNE Stock project
Here’s the lowdown on the key services of property managers:
However, not all companies offer the same services – so it’s crucial to shop around and find the perfect match for your property needs. But if you’re looking for a company that provides all the above services, then Homevy is your best bet.
Here’s what to do before saying yes to any property management company:
Don’t be shy – ask for references and case studies. A top-notch company should have a portfolio that shows impressive ROI-driven results.
Make a list of what YOU need (maintenance, tenant screening, legal stuff, etc) then compare it to what THEY offer and the price tag attached to it. If it doesn’t fit, it ain’t right for you.
Dubai’s property market is unique. Make sure your chosen company has solid knowledge of the local scene, and isn’t just a generalized company that serves every city and country.
Photo by: Kindel Media
Right from the first point of contact…do they communicate properly? You don’t want to feel like you’re sending messages into a black hole. Look for a property management company that’s responsive and keeps you in the loop at ALL times.
Hidden fees are annoying.
You don’t want to sign a property management agreement, and then you discover there’s a fee for the office cabinet. Choose a company that lays all its cards on the table.
In general, don’t just take any company’s word for it. Check online reviews, chat with other property owners, and maybe even mystery shop their services. Yeah, it’s a bit stressful, but hey, your property (and your sanity) is worth it.
Plus, the right property management company should feel less like a service provider and more like a partner in your real estate business. They should be as invested in your property’s success as you are. So take your time, do your homework, and choose wisely.
Photo by: RDNE Stock project
The type and size of your property significantly impacts management costs. Larger properties or those with luxury amenities typically require more intensive management, leading to higher fees. Similarly, commercial properties often incur higher costs due to their complex management needs compared to residential units.
The range of services you opt for – also plays a crucial role in determining costs. Basic packages covering rent collection and maintenance coordination are generally less expensive. On the flip side, comprehensive packages that include marketing, tenant screening, insurance, legal compliance, and financial reporting — command higher fees but offer more value.
Property location within Dubai influences management costs. High-demand areas or those with stringent community regulations may require more intensive management, which therefore affects fees.
Property management fees in Dubai typically range from 5% to 15% of the rental income. Additional fees may include setup charges, maintenance costs, and marketing expenses, varying based on the property type and services provided. It’s crucial to compare different property management companies in Dubai to find the best value for your specific needs.
Property management companies in Dubai handle all aspects of rental property operations, including tenant screening, rent collection, maintenance, and legal compliance. They market your property, manage tenant relationships, and provide regular financial reporting to ensure smooth property operations.
Owning property in Dubai can be a lucrative investment, offering potential for high rental yields and capital appreciation in a tax-free environment. The city’s strong tourism sector and growing expat population contribute to a robust real estate market, making property ownership attractive for both residential and commercial investors.
So there you have it – the best property management companies in Dubai.
Don’t be afraid to shop around, ask the tough questions, and really dig into what each company offers.
Homevy Tip: The best property management companies in Dubai offer more than just basic services – they’re your partners in maximizing your investment’s potential. Whether you’re dealing with short-term rentals, long-term leases, or a mix of both, there’s a solution out there that fits your needs like a glove.
And if you’re still not sure? Start small.
Many companies offer different levels of service, so you can always add more later.
With the right company by your side, you’ll turn your investment into a thriving, hands-off venture that brings you money and keeps your stress levels low.
Good luck!
Get access to our 5-day training course on managing your vacation rental property in Dubai.
Learn More