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Property Management

Experience Dubai Living — Where Luxury Meets Investment

"Efficiently Orchestrating Real Estate Assets"

Professional Services

Experience a comprehensive range of property management services designed for an all-encompassing, in-house experience. From listing rental properties and screening tenants to managing security deposits, repairs, and notices, our dedicated property management team alleviates the burden of emergencies, complaints, maintenance, and paperwork, providing a streamlined solution for property owners. 

Key Benefits:

1- Geographically Limitless Investing:

Enable your real estate investments without being confined by geographic barriers.

2- Legal Expertise:

Stay informed on landlord-tenant laws and regulations with our knowledgeable property managers.

3- 24/7 Maintenance Response:

Enable your real estate investments without being confined by geographic barriers.

4- Cost-Effective Maintenance Control:

Efficiently manage maintenance costs to optimize your investment returns. 

5- Strategic Property Marketing:

Market your property effectively and fill vacancies promptly, maximizing your rental income.

6- Tenant Screening and Deposit Handling

Thoroughly screen tenants and handle security deposits, ensuring reliable and responsible occupancy.  

7- Rent Collection and Delinquency Management

Streamline rent collection processes and handle delinquencies with professionalism and efficiency.

Whether you’re an investor seeking to purchase Dubai real estate for rental purposes or a homeowner looking to rent out your primary or second home, Driven Properties’ property management services cater to your specific needs. 

Our Commitment

We are dedicated to ensuring the optimal care of your properties, maximizing your profits, and securing the best returns on your investment. Our personalized approach to property management guarantees satisfaction for both landlords and tenants throughout every transaction.

Comprehensive Property Management Services:

1- Residential Leasing & Property Management:

Streamlined services covering listing, tenant screening, security deposits, repairs, notices, and dispute resolution. 

2- Mall Management

Comprehensive operation and maintenance of building infrastructure, covering operations, facilities management, security, accounts, common area maintenance, marketing, leasing, and related functions.

3- Facilities Management:

Contributing to our clients’ bottom line through a cost-effective approach, planned maintenance regimes, and innovative technologies for ensuring functionality, comfort, safety, and efficiency of the built environment.

Expert Real Estate Insights

Unlock insider knowledge of Dubai’s real estate market with our agents—offering expert insights, detailed analysis, and in-depth guidance on the city and its properties.

Let’s sell your property profitably

Maximize your returns with our expert guidance—helping you sell your property quickly, smoothly, and at the best possible price.
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  • FAQ

Frequently asked questions

Can You Guide Me Through the Buying Process?

Generally speaking, the buying process follows the following steps:

  1. The buyer and seller finalise and sign their sale agreement. It includes various elements, such as:
  • The purchase price.
  • Additional expenses such as the agency fee, transfer fee at the DLD, the developer’s fee, service charge refund, etc.
  • The transfer date of the deal at the DLD.
  • Terms of payment.
  • Responsibilities and penalties for both parties if they fail to uphold the conditions in the agreement.
  • Both parties sign the Memorandum of Understanding (MoU), a sample of which can be found on the Dubai Land Department website. The buyer pays 10% of the purchase value upon signing the MoU.
  • The buyer applies and pays for a No Objection Certificate (NOC) from the real estate developerfrom whom they are buying the property. NOC is a required document from the developer, allowing the transfer of ownership and permitting the buyer to proceed with the purchase. The NOC is provided once the buyer makes all the service charge payments.
  • After obtaining the NOC, the buyer meets the developer or seller at the Dubai Land Department to get the new title deed, proving the buyer’s legal right to own the property. The buyer makes the complete payment of the property price through a cheque and obtains the title deed. 

Dubai’s real estate market is transparent and it offers a high return on investment (ROI) for buyers and investors. It is the ideal market to invest in due to the following reasons:

  • Tax-free incomes.
  • Top-notch infrastructure and diversified economies.
  • High income from property, so much so that the income compares to London’s and New York’s.
  • High living  standards and excellent living conditions.
  • Safe and secure environment, suitable for families.

This is one of the most common real estate FAQs, and since the UAE is a tax-free country, you do not have to pay taxes on the property. But as a property owner, you will have to pay annual maintenance and service charges. The payment frequency varies from one to four times a year, depending on the property.

The Value-Added Tax, also known as (VAT), applies to sales of commercial property, which are subject to VAT at 5%. However, it does not apply to the following:

  • Sales or leases of residential property.
  • Leases of commercial property.

Freehold property is one that the buyer owns in addition to the land it is built on. This way, the owner is free to keep the property, lease it or sell it, as they have complete authority over the property and how to use it following the rules and regulations. The aim of these properties is to encourage foreign investments.

Even though complete foreign ownership was not possible in Dubai until 2006, the government has made new incentives allowing full foreign ownership. The short answer is: Yes, you can have 100% property ownership in Dubai. Foreigners can buy properties in free zones, such as Al Furjan and Palm Jumeirah and enjoy full ownership.