Nothing can last forever. So, one day you may discover your want (or need) to change your location in Dubai or outside it. You start viewing new facilities that meet your needs, requirements, and budget. And, at last, you find the one that suits you. So, you sign your new tenancy agreement, say farewell to your previous landlord, and move to new home.
When you hire a company to manage your commercial property, you don’t expect they will do it for free, don’t you? Instead, you expect them to charge you with some money for their services. This sum of money is known as a property management fee.
Commercial real estate, also known as CRE, refers to properties exclusive for business. These properties include offices, shops, restaurants, warehouse, and other establishments that generate profit. Being a tourist and investment hub in Middle East, Dubai caters many commercial spaces. Investors from all parts of the globe come here to setup their businesses. Commercial landlords became tempted right away because of the abundance of prospect tenants. But how sure are they if they are the right tenant for the property?