What are the running costs for a "Buy to let" in Dubai?
The service fees are the main consideration and these are generally based on the size of the apartment or in the case of a house then they are based upon the plot size in most cases. Utilities such as water, electricity and gas are the responsibility of the tenant and the letting agent get their fees from the tenant. In some properties the owner pays for District Cooling which is either included in the service fees or as a separate account which may then be passed on to the tenant. Most properties in Dubai are let unfurnished and many don’t include the kitchen appliances with tenants often having their own or negotiating on the rent with landlords who then supply these items however, the maintenance costs of kitchen appliances when included are the responsibility of the landlord. If you decide to engage the services of a property management company then of course that’s more expense but then I have my own thoughts on whether this is required in Dubai and I would be happy to explain further if needed.