With more and more properties rising in the city of Dubai and across the UAE, it is inevitable for the property rental market to become more competitive. As supply slowly meets demand, people will become increasingly conscientious when it comes to choosing a suitable home for themselves. With this in mind, it pays to make preparations as early as now, and take measures to improve the viability (and visibility) of your rental property in your target market. To help you out, here are some simple hacks to make your property more rent-friendly:
- Do a thorough inspection and perform necessary repairs
A summary inspection of the entire property will give you a clear picture of its condition. It will allow you to identify portions of the house or the apartment that are still in good condition, as well as portions of that are in need of attention. Make sure to check for leaky pipes, stained ceilings, wall cracks, burnt electrical outlets, faulty wiring, and flickering lights. If you are offering the apartment or home fully furnished, make sure to check the furniture for bugs, critters, and other unpleasant hidden visitors. Once you have identified all the parts of the property that need work, start contacting professionals who can do the necessary repair jobs.
- Place an emphasis on safety
Current and potential tenants are more inclined to prefer your rental property if they feel it meets their expectations for safety. Whether you are renting out an entire villa or a standard 2-bedroom apartment, make sure that all the safety catches are in place. Check the locks on the doors to ensure they are working smoothly and perfectly. If you have a villa, and you want to go the extra mile, you can go ahead and have the property enclosed with a concrete wall. Not only does it help improve the safety and security of the property, but it also grants the tenants a bit of privacy. If you can afford it, have a CCTV system installed for your tenants’ peace of mind.
- Clean up your act
One of the first things tenants take note of when doing an ocular inspection is cleanliness. Leaving your property untidy prior to a client visit drastically lowers your chances of closing a deal. If you have to hire a professional cleaning company to do the cleaning, do so. Repainting the walls with a fresh coat can do wonders in terms of how the property looks, so consider doing that as well.
Tags: Real Estate