Property management
Your property, managed.
We find the tenant, collect the rent and coordinate everything in between, on your behalf. Start with what you own.
For one unit, or a few
I own a unit
3.5%
of the annual rent, plus VAT
Charged only once your unit is leased
Already leased? Charged pro rata, from the start of our agreement to the end of your current tenancy contract.
What we do for the 3.5%
We arrange and oversee each of these on your behalf.
- Finding and vetting tenantsListed on foundgroup.ae and property portals, and every applicant checked.
- ViewingsWe show the property ourselves, so you don't need to be there.
- Tenancy contract and EjariThe contract drawn up, signed and registered with Ejari.
- Rent collection and chequesYour tenant's cheques, made out in your name, collected and deposited into your bank account.
- Maintenance and repairsYour tenant reports a problem to us, and we arrange the repair once you approve it, or within a petty-cash limit you set. You pay for the repair itself.
- Move-in and move-out inspectionsThe property's condition recorded on the way in, checked on the way out.
- Renewals and rent reviews, against the RERA rent indexEach renewal handled, the rent checked against the RERA rent index.
- DEWA and service chargesDEWA connected in your tenant's name, and the service charges you pay kept on track.
- Regular statementsEvery rent payment, set out plainly.
Who pays for what. Service charges and the cost of maintenance and repairs are paid by you, the landlord. DEWA is connected in your tenant's name. We coordinate them on your behalf; the 3.5% is our fee for that work, not for the costs themselves.
How it starts
- Tell us about itThe form here, or a message on WhatsApp. A few details are all we need.
- We see it, you signAn advisor visits, suggests a rent and walks you through the management agreement.
- We find the tenantListing, viewings, vetting, the contract and Ejari. Already rented? We take over the tenancy as it is.
- We manage itRent collected, repairs coordinated, renewals handled and statements sent. The 3.5% starts once it's leased.
Rather talk it through?
WhatsApp
For a building or a project
I have a building or project
Quoted
Priced on request
for your building
What a quote includes
Priced for your building and the services you tick in the form.
- Tenant relationship managementThe full relationship with every tenant, managed for you.
- Facilities management tenderingWe run the tender for the building's facilities management (FM).
- SupervisionSupervision on your behalf, as set out in your quote.
- KPIs for service providersWe set KPIs for each service provider and monitor how they perform.
- Legal coordinationWe coordinate with legal counsel on any case that may arise.
- Leasing and rent collection, where neededTenants found and vetted, and rent collected, across the units you choose.
How it starts
- Tell us about itThe building, its units and what you need, here or on WhatsApp.
- We meetWe see the building and go through the scope with you.
- Your quoteA written proposal, priced for your building and the services you choose.
- We take it onThe services you choose, from the date we agree.
Rather talk it through?
WhatsAppFor every owner
Questions owners ask
Something we haven't covered? Ask us on WhatsApp.
What does the 3.5% cover?
Our work on everything listed for a unit above: finding and vetting the tenant, viewings, the contract and Ejari, collecting the rent, inspections, renewals and rent reviews, statements, and coordinating maintenance, repairs, DEWA and service charges. It's 3.5% of the annual rent, plus VAT. It pays for our work, not the costs: service charges and the cost of maintenance and repairs are paid by you, the landlord, and DEWA is connected in your tenant's name.
Do I pay you anything while it's empty?
No. The 3.5% is charged only once your unit is leased, so there's no fee while it's vacant.
My unit is already rented. What do I pay?
The same 3.5% of the annual rent, plus VAT, charged pro rata: for the time from the start of our management agreement to the end of your current tenancy contract. For example, on a rent of AED 120,000 a year, the fee for a full year would be AED 4,200 plus VAT; if the agreement starts with half a year of the tenancy left, the fee is half that, AED 2,100, plus VAT. That's why the form asks when your tenancy ends.
How does the rent reach me?
Your tenant's cheques are made out in your name. We collect them and deposit them into your bank account, and every payment shows on your statement. Our management fee is invoiced to you separately.
Who handles maintenance?
We coordinate it on your behalf: your tenant reports a problem to us, we arrange the repair and keep you posted. Every repair needs your approval first, unless you leave petty cash with us and set a limit, for example AED 200, up to which we can approve quotes for you. The cost of maintenance and repairs is paid by you, the landlord.
Do you handle Ejari and DEWA?
Yes. We register the tenancy with Ejari, and coordinate DEWA and the service charges on your behalf. DEWA is connected in your tenant's name, and service charges are paid by you, the landlord.
How is a building or project priced?
On request. We quote once we know the number of units, where it is, when it's handed over and which services you need. A quote includes full tenant relationship management, tendering for facilities management (FM), supervision, setting KPIs for service providers and monitoring their performance, and coordination with legal counsel on any case that may arise. Leasing and rent collection can be added where the building needs them.
Can I end it?
Yes, with three months' notice. A management fee you've already paid isn't refunded. We'll go through the agreement with you before you sign.
Rather just talk?
Message or call the office, or email [email protected]