WHY SOME DUBAI PROPERTY OWNERS STRUGGLE TO RENT AND HOW TO AVOID IT

A recent news article highlighted a Dubai townhouse owner struggling to find a tenant for months on the market. It’s a reminder that buying a property doesn’t guarantee rental income. It’s important to discuss how such problems occur in a property market as competitive as Dubai.

• Overpricing – Asking a higher rent compared to tenant demand.

• Oversupply – A surge of new units in the market absorbing the demand.

• Weak Marketing – Poor photos, generic descriptions, or ineffective marketing.

• Mismatch of Tenant Needs – If a property doesn’t match tenant requirements it can remain vacant.

• Vacancy Costs – Empty properties are costly, reducing overall returns.
  

To Avoid such pitfalls when renting your property in Dubai, you can try the following:

• Use market data and rent indexes to make sure that the pricing is not too high compared to the other units in the area and style.

• Offering incentives such as multiple cheques, short-term free stays, and other attractive features that may appeal to potential tenants.

• Modern kitchens, smart-home features, and high-quality finishes make properties more attractive. A well-styled, maintained home rents faster.

• List ahead of the competition. Be updated about your area or properties on the market similar to yours.

• Use professional photos, video, virtual tours and viewings to make your property stand out.

But how does a property owner do all of this by themselves? They simply cannot cover every angle. This is why getting professional assistance becomes important. From screening tenants, organising viewings, and running targeted campaigns. Every aspect of promoting your property in the market is done by professionals using updated market insights to make informed decisions.

At Anarock Middle East, we offer tailored solutions to every client. With expert insights of the market, exclusive partnerships and strong industry relationships, we can help your property to stand out from the crowd.

Finding an ideal tenant is better than finding any tenant, this will ensure longer tenancy periods, less complaints and lesser liabilities. Let us provide you with strategic approaches while you can experience a stress-free process to rent your property out. Share your real estate requirements with us or visit our offices.