How to rent a property in Dubai

How to rent a property in Dubai

There is no doubt that Dubai is offering top notch lifestyle full of luxuries and amenties that every one wants rs to have in his life. So it is not wrong to say that Dubai is one 9f the best destination to live a luxury and tension free life but it is also to kept in mind that you should be well settled to afford all the expenses.

Having a property in Dubai I think would be a blessing of God because owning property in such a developed and rich country is not so easy task. Keeping in mind the desires of expats and as well as locals the UAE government has made all the buying and renting processes easy and convenient.

If you are new person moving to UAE and you have no idea that how you will rent a property in UAE then we are here to guide you in this regard so that you will find it easy and simple:

Renting a property in Dubai:

In Dubai renting the properties is becoming common because the tourists and business seekers who use to travel UAE for long and short terms are preferring to rent a property in UAE.

In addition yo this many expats and national employed in UAE can find long and short term rentals in Dubai that will allow you to live a luxury life in UAE enjoying the amenities of residence in UAE. Anybody new to UAE can read this article to get full information about the renting properties such as regulations, criteria, contracts and processes involved.

Long term and short term rentals in UAE:

As we have mentioned above that the residents of UAE can enjoy long and short term rentals so here we will discuss in detail that what is long and short term rental.

Rental options in UAE:

UAE take care of the needs of the tourists, workers and business seekers traveling to Dubai by proving two rental options that are:

1. * Long term rental
2. * Short term rental

To know about it let’s go in details below:

1- Long term rental options:

Long term rental options are valid for those people who plans to stay for a long time period. This rental options refers to tenancy contracts signed for more then six months. The long term rental has some requirements such as Ejari as compare to short term rentals which does not requires any requirements.

2- Short term rental options:

Short term rental options that are available on weekly, monthly on basis. For example this option is best for the business seekers and tourists who stay for short time period and can rent a property on short term rentals after arrival. Moreover there is a great difference between both these terms the short term renting apartments are fully furnished and it includes the utilities, such as water and electricity in the rental amount.

Where as the long term rental apartments may be furnished or in furnished and the utility bills has to be paid seperatly from the rental amount.

Selecting long term or short term rentals:

As an expat you may be confused that what factors you should keep in mind that which type of rental option is best for you then we are here to guide you about choosing the rental options. As cleared from the names that short term rentals are best for tourists and business professionals who plans to stay for a week or three months. On the other hand the expats who wants to resides in UAE for a long term more then six months with or without his family for the purpose of job or education etc. Then we will suggest that long term rentals are best for these expats.

Points to be kept in mind while choosing long term rental options:

When a tenant is planing to choose long term rental properties for their stay in UAE then they are required to keep the following points in your mind that your property should be having:

1. * First of all you should check you budget that its meeting the expense of long term rentals or not.
2. * The second step is to search an apartment that is in the proximity to hospitals, shopping malls, schools, and offices. If an expat or a national as well is not having a car then he should find an apartment near to metro stations and bus stops that will allow you to enjoy the public transport at your door step.
3. * You have to visit the building before shifting that its having facilities like swimming and gym etc.
4. * Do the inspection of the property condition and satisfy your self completely.
5. * There is a certificate known as rental good conduct certificate in Dubai that is issued to the landlords who has shown good rental performance so you should ask the landlord about the rental good conduct certificate.
6. * You should check that there should not any outstanding it pending utility bills to avoid any misunderstanding in future.
7. * The tenant should also calculate all the hidden rental costs to avoid any future hassle.
8. * If a tenant wants to share room with his friends then you should concern the UAE government in this regard because there are some rules regarding this to be followed.
9. * In case when you are planing to share a room due to your budget then you should meet the room mates that should not be toxic and messy that can create and problem for you in future.
10. * Always check thae rules and regulations before moving to the new apartment.
11. * There is also a lease contract that should be signed by both the tenants and the landlords to avoid any dispute among both the parties.

Finding a property in Dubai:

Now if a tenant is cleared with long term and short term rentals and also about all the check list before singing the leasing contract now its time to know about the method that how you will find a property or home for rent.

You have to options to find a property in Dubai suitable for you by:

1- Searching online :

One can search online by categorizing the property in the following:

• Residential or commercial apartment
• Residential or commercial villa
• Penthouses
• Hotel apartments
• Holiday homes
• Townhouses

One can also search according to the rent value such as high cost rental apartments or low cost rental apartments. You can can also search by number of room you need and the area required or finding a property by its makani number Dubai.

2- Hiring a real estate agent

Finding a rental property through real estate agents has also some advantages such as you will be tension free about searching on different platforms the real estate agent will search a suitable property on suitable rate for you meeting your Budget equirements.

3- Visit the property:

After finding the property either by online search or by hiring real estate agent now its time to visit the property that you have selected. During your visit you have to carefully observe the property condition, maintenance and also check that its meeting your requirements or not.

4- Use RERA rent calculator:

Here after the visit you have to calculate the rent using a RERA rent calculator but before starting you should know that what does its mean.

RERA rent calculator is the full form of the Real Estate Regulatory Agency that is used by Dubai land department in other words the RERA rent calculator is a tool provided by the Dubai land department to be used by tenants to check the rent of the apartment is suitable or not.

To use RERA rent calculator you have to :

1. * Visit the RERA website online.
2. * Here you have to select the option of rental calculator and then proceed.
3. * Here you will be required to fill in all the details such as:
4. * Type of property
5. * Tenancy contract expiry date that it is long term or short term
6. * Property location is also required.
7. * Number of bedroom available
8. * Current annual rent
9. * At last you can clock the calculate button or option to get your results.

5- Negotiating price of property:

After selecting , visiting and calculating the rent on RERA calculator you can negotiate with the land lord and make an offer but you should be sure that your offer is according to the  rental payment methods in Dubai.

6- Reserve the property:

Now its time to reserve the property its common in UAE that the tenants pay a security deposit in advance it is referred that you should click the pictures of the property and find our all the information by the Dubai land department.

7- Signing a Tenancy agreement:

After getting the deal final and all the above steps now its turn to sign the tenancy contract or agreement.

Ejari:

Ejari is an initiative started by Dubai land department that is running to save all the tenancy records. When any party is breaking the rules then they have to face serious punishment and penalties.

Tenancy laws in Dubai:

Tenancy laws are important to keep the rules and regulations in order among the tenant and land lord.

Here we are discussing some tenancy rules:

1. * First of all discuss the contract validity length with the land lord.
2. * The rent of the property should be calculated through RERA calculator that will be helpful for both the landlord and the tenant as well.
3. * The landlord should keep in mind that before increasing the rent you have to provide a notice 90 days prior.
4. * According to the tenancy rules the landlords can also complain against the tenants if they are not paying the dues and bills on time or damaging the property.

These are the tenancy rules to be followed by both the tenant and the landlord.

If you are am expat wishing to rent a property them you can go through this article to get full details on this topic…..