Hassle-free property management
LYD Property Management is a turnkey property management company specializing in managing and maintaining residential and commercial rental properties for landlords and property owners in UAE. We understand that managing a rental property can be a time-consuming and stressful task, which is why we offer a wide range of services to make it as easy and stress-free as possible for our clients.
Real Estate: Tenant Screening And Selection
Having the right tenant profile will enhance the value of your property LYD supports the owners define their tenant profile for properties and in screening prospective tenants to ensure that they are a good fit into that property.
We assess the prospective tenant using multiple dimensions while screening including the nationality, ethnicity, profession, marital status etc.
Real Estate Rental Listing And Advertising
LYD’s property management services strive to obtain the best rentals available in the market for our Landlords. We benchmark the buildings rentals to current market rates and agrees the rentals with Landlord in advance.
We will list of your units on becoming available for rent and strive to minimize the idle time of units. Our brokers put will go that extra mile to find the right tenant without delay.
Real Estate Tenant Move-In
LYD takes the hassles of tenant onboarding off the hands of the owner. We manage the whole process from collection of documents, cheque collection (or bank direct debit), tenancy contract creation etc.
We also conduct the move-in inspections with the tenant and follow up with facilities for rectification of snags to ensure the best experience for our tenants as well.
Real Estate Tenant Turnover / Move-Out
Vacant unit is loss of rental – we work to avoid it! Tenant move-out is managed as a priority by LYD, since this would start the tenant acquisition cycle all over again. We prepare the move-out inspections, ensure all repairs are costed, prepare final settlement accounts, manage the settlement, follow-up with FM for completion of repairs and ensure that the unit is ready for leasing in the minimum possible time.
Real Estate Tendering & Appointing Service Providers
Our team of experts can help the landlord source service providers by professionally managing the whole process of tendering for service providers i.e. FM, Elevators, Pest Control, Security, Landscape etc. Our team evaluates the bids and recommends the best fit service providers in terms of both quality and cost, and helps contracting with these service providers.
Real Estate Financials And Reporting
LYD team believes in keeping the management abreast of all the key matters concerning their properties. We provide quality dashboard style reporting on the property’s performance including occupancy levels, collection, overdaues, costs incurred, budgeted cash-flows etc.
Real Estate Performance Management
Once a community has been handed over and the residents have moved in, we shall ensure that all the facilities work at optimal efficiency.
LYD partners with industry leading Facility Management companies to provide end-to-end solutions that combine state-of-the-art technology with internationally accredited operational procedures to achieve maximum efficiency and savings on energy and utilities.
Real Estate Technical & Non-Technical Services Management
LYD coordinates to secure environmentally sound operation and maintenance of property assets with the aim of achieving the highest standard of community living whilst maintaining optimal efficiency.
In doing so, we provide integrated solutions that combine state-of-the-art technology with internationally accredited operating procedures and management principles to achieve maximum efficiency and enhance the resident’s overall community living experience.
Real Estate Handover Snagging
LYD’s team of experts support the owners for undertaking the complete de-snagging of new units. We coordinate with the builders/contractors to ensure that all snagging works are completed satisfactorily and promptly.
This would entail:
- Site plan and title structuring
- Legal, statutory consultation and consultation on pro forma documentation
- Services optimization plans, annual service charge budgets, financial and insurance advice
and consultation - Pre-handover consultation and advice
- Coordination with service providers / contractors
- Handover / Transition services and snagging
- Unit move-in readiness inspections
- Coordination of final paperwork and handing over of unit to owner
Real Estate? Optimised occupancy Higher rentals
