The emergence of Dubai as a multi-cultural commercial hub is inviting those looking for lucrative career opportunities. As thousands of expatriates move to the city from across the world, Dubai real estate agencies are building houses everywhere to accommodate the growing population.
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Here is a step by step guide to help you successfully rent a property in Dubai
1. Search and shortlist properties
The internet provides an excellent platform to search for an apartment from a multitude of listings. It is advisable to base your search on your needs such as budget, number of rooms, location, amenities, etc. When doing your search, it is worth looking for villas and townhouses in Arabian ranches or Bluewaters Residences Dubai.
2. Visit the property
After setting the meeting with the agent or landlord, head out to the site with a list of factors to consider. If it is possible, try to get there early and spend some time scanning the area. Make sure that you have taken note of every detail and even take photographs if possible.
Some of the important factors to consider include:
- The transportation system in the area
- Proximity to the workplace, bank, supermarket, laundry services, etc.
- Amenities such as parking, gym, swimming pool, etc.
- Fixtures and fittings
1. Make an offer
After making a thorough research and settling on a property, you should negotiate the rental amount. The best way to do is by bargaining on the number of cheques. Most Dubai real estate agencies agree to lower the rental amount if the number of cheques is reduced. When making the offer, it is advisable to clarify other specifics such as deposit amount, the start and duration of the contract.
2. Reserve the property
If you want to secure the unit you’ve selected, you will need to pay a refundable security deposit. In most cases, it is 5% of the rental amount. Alternatively, you can reserve the unit by paying one month rent.
The most important documents you will need at this stage include the copy of your passport and a copy of the residence visa.
3. Review and sign the tenancy contract
After paying the security deposit, the agent will provide you with a tenancy contract. According to the Dubai tenancy law, the contract should include all the information regarding the rental. Read through the contract carefully and suggest any changes before signing it.
Although the process may seem tedious, renting a home in Dubai is fairly simple. After completing the whole process, you are set to move into your new home and become part of the Dubai community.