Guests, cleaning, repairs, licences, pricing and reporting — on us. You receive Net Profit: money in hand after all expenses, including annual ones.
Short-term rates are higher, but every chore stays with the owner: cleaning between stays, guest questions at any hour, repairs, licences, and prices that need revising every season.
An owner who takes this on becomes the manager of a small hotel — except a hotel has staff, and they don’t.
The market habit is to quote income at the gross rate. It’s a beautiful number — you plan around it and spend against it. Then year-end bills arrive that were never in the calculation.
Formally, nobody lied to you. In practice, you received someone else’s money and are now paying out your own.
Comparing management companies and rental formats by Gross Income is pointless. Compare Net Profit — what actually reaches your account.
Dubai demand is seasonal, and the swing is wide. A property listed in July at December’s rate will sit empty for a month and earn nothing: the loss from vacancy outweighs the gain from an inflated price.
The model is built on data from 200+ properties under management, not expert guesses from three apartments. The July–August dip never catches us off guard: prices step down by the calendar, not after a vacancy has already happened.
Rental Income Smart Calculator is a private web app built by our in‑house IT team and integrated with the Space8 analytics platform.
Short-term is not right for every property. Outside tourist areas, for larger layouts and in buildings restricting Holiday Homes, an annual lease often delivers higher Net Profit at lower risk.
We run both scenarios and compare them by Net Profit. If a long-term lease wins — we will find a tenant, vet their solvency and handle the contract.
* For owners living abroad: for 5% of the annual contract value we act as your full representative in Dubai — tenant communication, repairs, payment control, renewals and rate negotiations.
More about long-term rentalsResults for specific properties. Returns depend on the property, location and season, and are not guaranteed.
We manage your property the way we would manage our own family’s assets. A long-term relationship matters more than a one-off deal.
Space8 has operated in Dubai since 2021. The management company is part of the Space8 real estate agency cycle. We support clients at every stage: selection and strategy, purchase, renovation, management and exit — all with one team.
Svetlana Malaga — Head of Property Management. Oversees every property: from handover and furnishing to rentals and financial reporting.
Your income and expense sheet is available in real time, and monthly reports come with photos. Every dirham is accounted for — earned and spent.
We’ll ask to see that calculation. In most cases it leaves out the service charge, insurance and the DTCM licence — annual payments that arrive at the end of the year.
No. We audit what you have and tell you what to keep. We only replace what genuinely affects a guest’s choice and the nightly rate.
Compare Net Profit, not the size of the fee. After our 17%, more ends up in your hands than with self-management and its hidden costs, pricing mistakes and vacancy losses.
Management is fully hands-off for the owner. Handover, furnishing, photography and check-ins all happen without your presence, by power of attorney.
The July–August dip is built into the model in advance. Prices step down by the calendar in those months, not after a vacancy has happened.
We’ll run both scenarios by Net Profit. If a long-term lease works better for your property, we’ll say so — and take it on long-term.
Send us your property details — we will return a Net Profit calculation with a monthly P&L. The decision stays with you.
The report for your property will arrive within one business day. To speed things up, message us on WhatsApp — we’ll confirm the property details; without them the number will be less precise.
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