Real estate portfolio management in Dubai is the coordination of professional activities related to several property assets to meet specific objectives like income rental, capital growth, and the diversification risks of the investments. Real estate portfolio management in Dubai includes acquisition strategy, renting, complying with laws, maintenance of financial reports, and the decision-making at the asset level.

Standard property management is the daily operation of the single building or unit – like, the collection of rent, arranging of maintenance works, and tenant communications. Whereas, Dubai’s portfolio property management is on the level of making big changes. It is about checking the impact of the different properties, generally portfolio, adjusting the leasing strategy, recommending decisions of whether to purchase or sell property, and trying to balance the risk and return for every investment.

Start by figuring out your goal. Is it a stable regular inflow of funds through rent or increase of property value or a combination of both objectives? Then choose freehold locations that appeal to a large group of potential renters, and don’t put all your money in one type of property or one price segment. A good idea is to also include both ready-to-move-in and off-plan projects in your portfolio. Most importantly, you should collaborate with a property management company that will not only be able to execute the plan but also be the best partner throughout that plan. Shubh Labh Realtors have a track record of managing property investors right from the first acquisition to the time they have a fully diversified range of investments.

Most of the companies that specialise in residential property management charge a fee based on a percentage of the gross rental income per year, usually in between 5% to 12% as per the level of work. Then again, some agents charge a monthly fixed management rate of per dwelling basis. Shubh Labh Realtors makes the whole arrangement for the fee in the open so there would be absolutely no surprise charges. Also, before you hire us, each landlord gets a written service contract detailing everything which will be offered by us through property portfolio management services.

It’s the law that a property manager who operates in Dubai has to carry out his business through RERA, and a property manager that complies with the rules and regulations of RERA makes it unlikely for a tenant or landlord to be involved in any disputes, to make a tenancy agreement wrongly, or being penalised due to a breach of the law, so it should be the best choice of foreign and expatriate real estate investors looking to invest in Dubai to go for companies of this type to manage the property.

Yes actually. Besides, it has been our experience that more than half of our clients who own real estate in Dubai are foreigners who do not visit the country very often. The reason is that with our property management services in Dubai, property holders may check any time and from anywhere. Our personnel are the ones who handle rental issues in between landlords and tenants, fix issues with a property, keep the paperwork in compliance, and submit financial reports of the highest level of security standards, all that for property owners.

At Shubh Labh Realtors, major real estate investment portfolio clients get property performance assessment reports on a quarterly basis. They explain such aspects as how much rent has been paid, how many tenants currently live there, how many tenants move away and then come back again or even never move away, how much a repair costs, compliance issues, comparisons of the current market, and changes in property evaluations. Beyond that, property investors who are currently building a portfolio of real estate by buying a series of properties will also receive monthly updates about their progress during the buying phase.