HOW TO RENT A PROPERTY IN DUBAI

Dubai boasts a diverse range of rental options, from beachfront residences to high-rise towers and gated
villa communities, catering to various needs.

Simplified Guide for Tenants in Dubai

Dubai boasts a diverse range of rental options, from beachfront residences to high-rise towers and gated villa communities, catering to various needs. However, before delving into your search for a new home, there are several factors worth considering. Here’s a brief overview of what to expect on this journey.
 
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What you’ll need

Before you begin, ensure your personal documents and budget are in order.

For personal documents, if you’re seeking a long-term rental (typically an annual contract) in Dubai, you’ll require your passport, residency visa, and Emirates ID. However, if you’re not a UAE resident or prefer a more flexible lease, opting for a short-term rental or holiday home eliminates the need for residency.

Regarding your budget, consider how much you can allocate for the property. Keep in mind that a security deposit will be necessary, usually amounting to 5% of the annual rent for unfurnished properties or 10% for furnished ones, though this may vary by agency. This deposit will be refunded at the conclusion of your tenancy. Additionally, if you decide to engage an agency, anticipate an agency fee, typically around 5% of the rental value.

When, where and what to rent

We suggest initiating your property search approximately one to two months before your intended move-in date. Listings tend to get snapped up quickly, so avoid searching too far in advance.

If you’re already within this timeframe, it’s time to narrow down your preferences regarding the area and property type. With over 200 residential communities in Dubai, our area guides offer comprehensive insights to help you make an informed decision. Once you’ve pinpointed potential locations, connect with Property Consultants specializing in those areas. They can provide tailored guidance on available options and whether the area aligns with your needs.

Regarding property type, your choice will depend on your budget and specific requirements. You can opt for apartments, villas, townhouses, and penthouses, each offering different amenities. Your Property Consultant will assist you in exploring the most suitable options based on your specific needs and desires.

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Regulations and additional costs

Dubai’s property rental market operates under the oversight of the Real Estate Regulatory Agency (RERA), ensuring tenant protection through various laws. For instance, Law No. 26 mandates that tenants must receive a 12-month notice period if the landlord intends to evict them from the property.

In Dubai, tenants typically bear the agency fee cost, which may amount to 5% of the annual rent or follow a fixed rate set by some agencies, so it’s essential to factor this into your budgeting. Additionally, you’ll need to furnish a security deposit, typically around 5% of the annual rent or 10% if the property is furnished, although some agencies may have a fixed rate for this deposit.

Frequently Asked Questions

The timeframe for finding your rental hinges on several factors, including your schedule, documentation availability, and whether you’re assisted by a reputable real estate agency. While we’ve expedited the rental process for some clients in as little as two days, we can’t guarantee this for everyone.

Upon securing your rental, it’s important to note that the earliest move-in date will typically be at least five days from the contract signing. This allows ample time for tasks such as Ejari registration, activating utility services, and obtaining your move-in permit. In essence, there’s no definitive answer, but your Property Consultant can provide a more accurate timeline based on your circumstances.

Both options offer their own advantages, so the choice ultimately depends on your specific needs.

For UAE residents seeking a yearly contract, long-term leasing is the preferable route. This option allows for the possibility of finding furnished accommodations or furnishing them yourself. Additionally, the cost would be fixed for the entire year, typically secured through one or more post-dated cheques as per your agreement with the landlord.

On the other hand, if you’re a non-resident or simply planning a short stay in Dubai for a few days, weeks, or months, opting for a fully equipped short-term rental offers greater flexibility. With this choice, there’s no need to purchase anything, not even kitchen utensils. You can determine the duration of your stay, and simply pack your suitcase and depart once the lease term ends.

Once you’ve identified your new rental property, the next step is to proceed with the necessary documentation to formalize the agreement.

Tenancy contract – It’s crucial to review the tenancy contract thoroughly with your Property Consultant before affixing your signature. Once you’ve comprehended the terms and had your queries addressed, both you and the landlord will sign the contract, retaining a copy each.

Payment method – While electronic platforms may be available for rent payment in some cases, it’s common for landlords, especially in sought-after areas, to request upfront cheques for the entire year. However, flexibility exists, with some landlords accepting quarterly or monthly cheque payments.

Ensure you have the agreed number of cheques on hand, along with the security deposit (which may be in the form of a cheque or cash). Subsequently, your Property Consultant will facilitate the handover of these payments to the landlord and provide you with receipts for your records.

The necessity of a permit varies, but it’s probable. Many residential communities and apartment complexes typically mandate obtaining a permit to facilitate mover access to roads and communal areas leading to your residence. However, in certain areas devoid of communal spaces, this requirement may not apply.
Should move-in permit details be available, our Customer Service team will promptly dispatch an email containing useful links and guidance for the application process.

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