Property management services offered by Provident Estate encompasses all aspects of running an income property from advertising the property, finding and screening tenants to maintaining the property, collecting rent and handling any maintenance issues that arise.
Provident Estate's main focus is to ensure that each property owner is provided with Professional Operational and Financial Management.
Type of Service
Full Management 8%
Leasing Service 5% ( Annual Rent )
Tenant Repair requests
DEWA connection 1
EJARI Registration 2
Detailed Property Inspection
Prep property for move-in
24/7 call reception
On-line repair requests
Invite quotes and manage repairs
* Minimum fee of AED 5,000 for either package
DEWA deposit of AED 1,000 for flat or AED 2,000 for villa has to be paid by the Landlord, if the Landlord is not registered with DEWA (plus any other applicable fee)
We handle advertising of rentals and property viewing.
Applicants are qualified on the basis of employment and references.
Rents cheques are collected at the time of leasing. If a tenant is late, the appropriate notices will be sent to the occupying tenant. Reasonable efforts will be made to accommodate those with legitimate problems, if they cannot meet the deadline.
An independent Escrow Agent will pay all mutually agreed upon expenses such as; mortgage payments, HOA dues, insurance payments etc on behalf of landlord.
Owner funds and/or statements with original receipts attached are sent to the owner on an agreed upon day of each quarter/year.
We will deposit rents into your account or wire it to you (wiring fee applies).
FULL MAINTENANCE PACKAGE
Includes Marketing and Lease Service Package
Respond to tenant requests and schedule appropriate vendors. All maintenance calls are responded to within one working day. Emergencies are handled promptly.
We utilize professional and courteous maintenance tradesmen and vendors, as required. We look for competitive maintenance rates which are passed on to the owners. Scheduling of turnkey work for vacancies and negotiating of contracts and bids. We evaluate quality of workmanship prior to authorizing payments.
Provident Estate's property administrator will visit the site on a regular basis and walk-through each time a property is vacated and again before occupancy.
Other Services *
General internal cleaning including floors (wet cleaning/ vacuum cleaning)