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Service Catalogue

Renew Property Management Agreement

A service provided to both the owner and the investor, to renew a Property Management Agreement -that is registered in the system- as desired by either party. This service is available for lessors.

Required Documents

  1. Application Form *
  2. Tenancy contract for temporary lands/Musataha
  3. Authorization Document
  4. First Party Agent Authorization Letter
  5. Second Party Agent Authorization Letter
  6. Mortgage Possessory
  7. PMC - Property Management Contract
  8. Investment Contract
  9. Delegation Document

* Mandatory Document

Fees

• PMA’s of type (Property Management Companies “PMC”): 50 AED for PMAs less than 4 years; 1% of the first year of the PMA value for PMAs more than 4 years • There are no fees for other types of PMA's