Top Property Management Companies in Abu Dhabi
Owning a commercial property can be incredibly lucrative. That being said, it can be a huge undertaking; the properties need to be well managed. Otherwise, your reputation can be damaged, and you’ll lose money. This is precisely why a lot of investors choose to hire a property management company to take care of that side of the business. The question is, how do you choose the right company? Let’s take a look at the top property management companies in Abu Dhabi.
ADCP is a subsidiary of ADCB – Abu Dhabi Commercial Bank and one of the top property management companies in the UAE. They offer a whole host of property management services for both single- and multi-let investment portfolios. The team is made up of highly-skilled, highly-experienced staff who can take over the day-to-day running of your properties. They are continually looking for ways to improve the performance and efficiency of your properties to protect their value as a long-term asset.
Rise Up Real Estate
Another business amongst the top property management business in the UAE is Rise Up. They handle things like the move-in, move-out services, key handovers, maintenance and tenancy contacts for both residential and commercial properties. They strive to offer low property management fees and allow their clients to remain stress-free while taking care of their properties on their behalf.
United Al Saqer Group LLC
The United Al Saqer Group have a somewhat impressive portfolio of over six thousand apartments within seventy buildings. Their team is made up of dedicated professionals who have a wealth of knowledge between them which allows them to meet the needs of their clients. In addition, they strive to enhance the living conditions of your inhabitants through the services they offer like leasing, maintenance, utilities and facilities management.
Sinyar Property Management LLC
Sinyar Property Management has years of experience behind them and in doing so, they have learned a lot about building relationships with their clients. They always strive to ensure that their clients are satisfied by paying attention to the small details. They take care of your property as if it was their own. They offer facilities management, project management and real estate project reviews.
How to Choose?
When it comes to choosing the right property management company for your properties, there are several factors to consider. Firstly, you should think about what types of services you want. How involved do you want to be in the process or the running of the building? You should next think about the size of the building you want to be managed; some companies won’t manage a building that is too small or too big. Finally, you should think about your budget; how much can you afford to spend on having your properties managed? Will the rent from the properties cover the fees with enough left over to turn a profit?
Owning and renting properties can be a sound investment, as long as you make the effort to maintain said properties and keep your tenants happy. However, if you have several properties, this in itself can become a full-time job that you simply don’t have the time or mental resources for. This is exactly why many property investors use a property management firm.