This glossary details all the investment costs in a transparent manner so you know exactly what you are paying for. The following fee structure is for our general buy-to-let investment opportunities which include other 3rd party costs typically associated with property transactions.
Please note, we might introduce different types of investment opportunities in the future, and fees for such types of investments will be detailed in the investment paper on the platform.
Know Your Transaction Costs
The transaction costs above detail all the fees at the time of the investment, but there are also ongoing operating expenses that are reflected in the rental breakdown.
We detail those costs below along with the full rental breakdown for your benefit.
Know Your Operating Expenses
This is the property management fee. For long-term rental properties, this is typically 5% of the gross rent or a minimum fee of AED 1,800-2,000 depending on the property. This is in line with market practices.
For short-term rental properties, this management fee can range between 18%-20%. In the market property management for short-term rentals ranges between 15-25%, inclusive of 3rd party operator costs, such as Airbnb, Booking.com, etc.