Scope of service
Tenant sourcing and vetting, Ejari registration, rent collection, RERA-compliant renewals, maintenance coordination, snagging and annual inspection. For holiday homes we add licensing, dynamic pricing, guest communication, housekeeping and linen.
Cost
Long-term management in City Walk runs 5% of collected rent. Holiday-home management is a share of revenue with no upfront fee — owners average AED 371,126 a year against AED 268,932 self-managed.
City Walk at a glance
City Walk is a Meraas urban-luxury district of boutiques, dining and low-rise residences. Buying sits at AED 3,000 per sqft — roughly AED 2,340,000 for a standard one-bedroom — while long-term tenants pay about AED 160,000 a year. Hosted as a licensed holiday home, the same unit averages AED 921 a night at 80% occupancy, around AED 268,932 gross. Owners on our managed programme average AED 371,126 — a 38% uplift.
