Provider Details
About Colife
Colife is a property management company founded in 2022 that offers monthly rentals and long-term property management in Dubai. The research records a portfolio of approximately 700 properties and a direct booking channel. Its shorter-term rental model is based on monthly stays; daily rental management is not offered.
The standard management fee is 20%, with a lower rate of 18% potentially negotiable. The fee does not vary by property size and is calculated before utilities are deducted. Certain contract details can be discussed individually.
Owner stays are permitted with two months’ advance notice. Repair and maintenance costs are paid by the owner, and guest refunds are charged to the owner. Cleaning is charged separately to the guest in addition to the accommodation price.
Interesting facts about Colife
• Offers monthly rentals and long-term property management; daily rental management is not available.
• Operates its own direct booking channel.
• A lower management rate of 18% may be negotiated; the fee does not vary by property size.
• The management fee is calculated before utilities are deducted.
• Certain contract details can be discussed individually.
• Owner stays require two months’ advance notice.
• Repair and maintenance costs are paid by the owner.
• Guest refunds are charged to the owner.
• Cleaning is charged separately to the guest in addition to the accommodation price.
• Referral partners can choose a fixed payment of AED 1,500 per referred property or 10% of the property’s net monthly profit.
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