So you're planning on moving to Dubai, or you've just arrived and are ready to start your search for a new home. Renting a property in Dubai can be a daunting task, especially if you're new to the city and aren't familiar with the local real estate market. But don't worry, we've got you covered. Here are 7 tips to help you navigate the process of renting your first property in Dubai.
To complete the rental process, you will need the following documents: an Emirates ID, bank account and chequebook. It can take some time to get these documents, so start the process as quickly as possible.
You'll need to stay in short-term accommodation when you first arrive in Dubai, whilst you wait for your documents. Dubai has a wide range of short-term options to suit all budgets, so you'll have lots of options.
Using short-term accommodation will give you time to get settled in and start your search for a permanent home without feeling rushed. Plus, it's a great opportunity to experience living in different areas before committing to a long-term rental.
A good real estate agent is an invaluable resource when it comes to finding a property in Dubai. Look for an agent who is knowledgeable about the local market, responsive to your needs, and willing to go the extra mile to help you find the perfect home.
There are various costs involved in renting a property in Dubai, beyond simply paying your rent. It's important to have a clear understanding of what you can expect to pay to avoid any nasty surprises down the line. Ask your real estate agent for a breakdown of all of the costs associated with renting a property, including rent, security deposits, and any additional fees.
To find your perfect home, it's important to let your agent know exactly what you're looking for. Let your agent know your preferred location, the size of the property, and any amenities that are important to you. This will help them narrow down the options and find properties that fit your criteria.
If you're from a country like the UK, you might be used to making rental payments by a monthly direct debit or bank transfer. But in Dubai, rental payments are typically made by cheque. The number of cheques that you pay over the rental period (usually 1 year) can vary and is agreed at the start of the tenancy. This is typically 1-4 cheques, but can occasionally be 6 or 12 cheques.
What you will do is write post-dated cheques for the tenancy. This is where you put a future date on each cheque so that the landlord can only cash them on a certain date. For instance, if you were splitting the rent over 4 cheques, you might write one cheque to be cashed immediately, and then 3 more at intervals of 3, 6 and 9 months into the tenancy.
Once you've found a property that you're interested in, it's time to make an offer. Your real estate agent will negotiate on your behalf to get you the best deal. Once a deal is agreed upon, your agent will draw up all the paperwork and guide you through the entire process.
We hope these tips help make your search for a rental property in Dubai a little easier!
Here at Betterhomes, we have an amazing selection of properties to rent all across Dubai. Be sure to check them out here!