A few factors you need to take into consideration before rent apartment in Dubai. These include the location, maintenance fees, and Size. Not only these but also whether you want a furnished or unfurnished apartment. If you are unsure about anything, it is always best to seek the help of a Binayah Properties Dubai’s experts.
10 Things to Consider Before Renting an Apartment in Dubai
One of the first things you should do when renting a home or apartment in Dubai is to look for a rental property that is near your work or where your spouse works. You do not want to live too far from work, as you will not have access to adequate public transport and fuel prices will be higher. You also want to rent an apartment in a safe neighborhood or building. If you are a bachelor, it may be best to look for an apartment in an area with fewer bachelors.
Once you have narrowed down your search, you need to call the landlord and negotiate the rental amount. Try to negotiate on the number of checks you can write as landlords often reduce the total rent. It is also important to make sure you understand the details of the lease and how long you are required to pay it.
Location is one of the three key factors that will determine the price of your property. If you have children, you will want to rent an apartment near a school. If you are single or do not have children, you will want to find a place close to downtown.
Ensure you have a reasonable budget for Rent Apartment in Dubai. Rents in the UAE are lower than in most countries, so you will want to look for an apartment that does not have high utility costs. You should also be aware that landlords are allowed to raise rents, and you should leave about five to 10 percent of your budget for rent increases.
2. Furnished Or Unfurnished Apartment
When it comes to choosing between a furnished or unfurnished apartment in Dubai, there are many factors to consider. First, a furnished apartment comes with all the big-ticket items. This makes it more attractive for expatriates who do not want to settle. The other benefit of a furnished apartment is that you will not have to buy new furniture or appliances, which can be expensive.
If you need apartment for rent in Dubai on a short-term basis, a furnished apartment may be your best option. These are usually available on a one-year lease and are ideal for people who move around frequently. You can also opt for monthly leases. However, you may have to pay a higher security deposit if you want to rent a furnished apartment.
The downside of an unfurnished apartment is that you may have to move furniture from another apartment. It may be necessary to hire professionals to help you move furniture, and it can take a lot of time. By contrast, a furnished apartment allows you to add your own personal touches without having to worry about moving furniture.
While a furnished apartment in Dubai may cost more than an unfurnished one, you can save money by going with the latter. You can choose a furnished or unfurnished apartment that suits your needs and budget. Just remember, however, that a furnished apartment is usually a better option if you are looking to rent an apartment in Dubai.
3. Maintenance Fees
If you rent an apartment in Dubai, you will have to pay a maintenance fee on top of the monthly rent. This fee varies, depending on the size of the apartment and where it is located. It can be anywhere from AED 55 to AED 220 per square meter and is automatically debited from your account. The fee also covers major repairs and cleaning.
If your landlord refuses to cover the costs of maintenance, you have the right to file a complaint at the Rental Dispute Settlement Committee of Dubai Land Department in Deira. Filing a complaint will cost you 3.5 percent of your rent, but if you win, you will likely receive your costs back.
Maintenance fees are charged for common areas like car parks, swimming pools, and gyms. Some owners pass these fees on to their tenants. If your maintenance fee is not paid on time, you will be denied access to these facilities. If you are renting an apartment in Dubai, make sure you understand these fees before signing a lease.
You may also have to pay ongoing maintenance costs, such as fixing and replacing appliances and fixing leaky faucets. Many developers and landlords try to offset these expenses with an annual maintenance fee. This fee is typically borne by the landlord, but you should also make sure you understand all costs before signing any contract. In addition to maintenance fees, you will also have to pay for moving and storage costs.
4. Consult A Real Estate Expert
If you are new to the UAE and are planning to rent an apartment in Dubai, you will want to talk with a real estate expert first. These experts will be able to explain the laws regarding renting and negotiate on your behalf. They will also be able to help you find the best home in Dubai.
Hiring a real estate agent will save you both time and energy. Buying property in Dubai involves lots of paperwork and legalities. If you are not familiar with these things, you could run into trouble while settling. A real estate agent can guide you through this process and help you avoid pitfalls.
The UAE real estate market is booming again, thanks to government initiatives such as the golden visa and residency permits for retirees. The government has also put in place new policies that have boosted the value of real estate properties in Dubai. A good real estate agent will be able to advise you on how to choose the right property for your budget and lifestyle.
Before signing any lease or contract, make sure to inspect the apartment thoroughly. Test the faucets in each room and make sure the kitchen sink and shower to work. Ensure that all doors and windows are secure. Also, check the utility costs. These may vary from community to community, so you should compare and contrast the costs. If you are worried about paying too much, ask your real estate agent to explain the costs of utilities in the neighborhood you are considering.
5. Tenancy Contract
Before renting an apartment in Dubai, you need to know the terms and conditions of the tenancy contract. A tenancy contract is a legal document between you and the landlord, that sets out the terms and conditions of your rental agreement. In addition, you should understand the rules and regulations that govern residential property rental in Dubai, such as RERA.
When signing the contract, make sure that you and the landlord agree on all terms of the lease, including how the property will be used and who will be sharing it. You also want to make sure the landlord knows the number of people who will be living in the property. This way, you can adjust the rent accordingly.
If you have been residing in Dubai for a while, you will want to ensure that the apartment meets your needs in the long term. Usually, new tenants enter into tenancy agreements that last for three to four years. Landlords will often offer discounted rental rates to tenants who stay for longer periods.
As with any contract, the tenancy contract in Dubai must be in English or Arabic. The landlord and tenant are allowing to add special conditions to their contract, such as a minimum price for repairs and a penalty if the contract is terminated too soon. If the landlord does not object to this, the lease ends automatically.
6. How Big the Property Is
Ensure that the home or apartment for rent has enough space for your family. A big house or apartment is necessary if you have a big family. The same holds true for specific people. Consider renting a small apartment if you are single and childless to save money.
7. Learn About Your Rights And The Landlord
Throughout the entire rental process, the RERA agent serves as a middleman, and throughout the year, you can contact the landlord through that agent. Keep in mind that many agents typically charge an annual recurring commission. Having said that, it still does not hurt to get to know the landlord personally and form a bond.
As a tenant, you are entitled to certain protections, including a one-year notice period for evictions and a three-month notice period for rent increases near the end of the year. In order to avoid finding yourself in trouble down the road, it is best to be familiar with these legal requirements.
8. Which Services Are Included?
You will be required to pay for utilities like electricity and WI-FI in the majority of buildings in Dubai. Unless you are renting a furnished apartment, this is the standard. However, some structures do provide the choice of a “chiller-free” building. This means that the cost of the air conditioning is covered by the structure and deducted from your monthly electricity bill. As you can imagine, you can end up saving a lot, particularly during the summer months, since AC is probably going to be a significant portion of your bill.
Depending on where you decide to take apartment for rent in Dubai, there may or may not be parking, a gym, or swimming pools. For instance, many buildings in Dubai’s older neighborhoods lack an underground or outdoor parking lot. So if you own a car, you will have to pay extra each month for street parking.
9. Rental Condition
There are always terms and conditions attached to renting a property in Dubai. It is wise to read the rental agreement carefully before signing it for this reason. You get the right to change any terms if they make you uncomfortable. A lawyer should review the contract, so make sure to do that.
10. The Extras
In Dubai, the majority of landlords don’t offer necessities like air conditioning, water, electricity, or garden maintenance. All of these things are up for grabs. This implies that you will pay less rent if you decide to rent an apartment with basic amenities. On the other hand, be prepared to pay significantly more if you want to rent a house with all the glitzy extras.
It can be a great idea to rent a home in Dubai, but you must first do your homework. We recommend that you consider the points we have raised above and conduct additional research to address any concerns you might have. In this manner, you can decide how to rent a property in Dubai to help you get the most value for your money.
Binayah Properties a top real estate company in Dubai provides top-notch properties for sale and lease as well as property management services. Please get in touch with us right away if you are interested in renting an apartment in Dubai.