Frequently Asked Questions(FAQ)
Q: Why “SHORT-TERM” LEASE IS BETTER?
A: Short-term is renting the property in a short period of time. It is timely in-demand as there is no so many procedures and less worry. In fact, clients/residents are mostly looking for a short-term rental than a long-term one.
Please visit our website for the benefits of Landlords and Clients. https://www.dubaishorttermlease.com/benefits
Q: WHY ZENITH?
A: No agency fee required that attracts clients easily.
A: 24/7 customer support
A: Hassle-free management (Sit / Relax while waiting for your payout)
A: We focused only in Dubai Sports City area
A: Please see The Services which provide by Zenith For the Owner & Tenant
Q: WHAT ELSE DO ZENITH OFFERS?
A: In-house maintenance team to support technical issue that might arise in your property
A: In-house legal service for any dispute that might arise related to your property
A: In-house Construction Team for any renovation or modification requirements (Furnishing | Interior Design and so on)
A: In-house Hospitality Services (Cleaning | Laundry | Store | Classes and online providers)
A: Shuttle Service (every 2 hrs. transfer tenant from Sports city to Mall of the Emirate)
A: More than 5-star hotel services
Q: HOW WILL I BE UPDATED?
A: Up-to-date statement of account will be given monthly in your registered email address
A: You will be notified once the property is occupied or vacant
A: As per the tourism fee details
A: Online checking from the website with your unique code. you can see your brief account details with a monthly update. please click "Rental report(download file)" in Landlord page
Q: HOW FAST MY PROPERTY IS RENTED?
A: Based on the levels of demand and season, but assure that the tools we offer to the clients are obviously efficient. Based on our experience, we have a 95% of occupancy rate even on the summer season and Ramadan time. (For the safe side, we projected only 90%) while around the area are having 50% occupancy rate only. please see the Diagram and Comparison Table
Q: DO I HAVE TO RENOVATE THE UNIT?
A: We have a standard and typical design apartment to rent out. For example, our advertisement is a one-bedroom apartment with 2 beds in it (additional folding bed), clients are mostly looking for more space capacity to sleep and at the same time to save. By adding decoration and interior design, it’s giving additional attraction to the clients.
Q: IF I DON'T WANT TO RENOVATE IT?
A: If it is in good conditions, we don’t mind to manage it, but we advise by using our feature of furnishing and decorating works you will save a lot and adding value to the property and rent.
Q: CAN I TERMINATE THE AGREEMENT?
A: Yes, of course. You just need to give us 90 days’ calendar notice to terminate the agreement. Please see the Agreement.
Q: HOW CAN I GET MY RENTAL INCOME?
A: You will receive your rental income as cheque under your name (Landlord) and to be collected in our office and/or it will be deposited to your personal bank account (UAE bank only)
A: Rental income could be issued every month and/or as per the Owner’s schedule.
Q: DOES ZENITH GUARANTEE?
A: We have rented out over 100 apartments as a short-term rental and the income is considerably higher than a long-term one. As a beneficial of the tenants and we are expertise in this field for advertisement and hospitality services, the short-term rental is much better than a long-term rental.
Q: WHY THE MANAGEMENT FEE IS 15%?
A: Compare to the other property management that charging 20% to 25%, our management fee is considerably cheaper. We are not an agent or broker just to introduce the clients. Scope in this fee are the following services:
-Administrative coordination with DTCM, DEWA, DU/Etisalat, Gas
-Concierge – Check-in/out and all tenant/guests requests time to time
-Reservation and revenue management
-Marketing and advertising on International and local holiday homes platforms time to time
-Accounting and financial report
-Management services
-No commission
-Legal service
-Hospitality service
-Maintenance service
-And more.
Q: HOW MUCH IS THE RENOVATION COST?
A: As we have our own in-house project team, the cost of the renovation is minimal. In that, we are providing quality works and timely design that catching the clients. Our interior team should visit first your apartment and suggest/offer a renovation and give a quotation according to the conditions of the apartment. Below are the average charges for each and every type of apartment.
A: Please visit our website for the furnishing and decor price list to quoted it by yourself.
https://www.zenithholding.net/shop
In addition, you can have the price list for supply and installation of renovation work which will be made by Zenith Teams in Here
Q: HOW MUCH IS THE FURNITURE COST?
A: Please visit our website for the furnishing list to quote it by yourself.
https://www.zenithholding.net/shop
In addition, you can have the price list of some products which are made by Zenith Workshop in Here
By buying from Zenith workshop's Furniture products you will have benefits of Lower Cost and Customized according to your room space, Easy maintenance for future, Interior design consideration with free installation and delivery.
Q: SHOULD I PROVIDE POWER OF ATTORNEY (P.O.A)?
A: yes we need Lease P.O.A to manage your property and follow up on your behalf with the tenants. the sample of P.O.A is linked Here