A Guide on Renting a Property in Dubai
This article provides a complete overview regarding the payment options, rental laws in Dubai and what is required for a tenant to property for rent in Dubai.
1. Type of Lease Agreement
Most landlords in Dubai rent their properties on a fixed time contract. The rental agreements are usually annually in Dubai. The tenants should thoroughly understand the contract before signing the contract. Ask your doubts and questions to the agent in real estate Dubai.
2. Proper Documentation
Dubai's rental laws are different. Tenants should present their passport, Visa Copy and Emirates ID to rent an apartment.
3. Payment Method
Landlords in Dubai rarely accept the monthly rent payment. and will request rent to be paid in Cheques ( Single to 4 Cheques ). This payment method provide assurance to landlords that the tenant will follow the rules. Landlords might lower the rent amount if fewer cheques are paid in a year.
4. Additional Costs
Property for rent in Dubai requires a deposit of security, which is normally about 5% of the annual rent amount with a real estate agents fee. The security deposit will be refunded upon the completion of the lease agreement.
Read More on:
Pros and Cons of Living in “The Villa”
Comments
Post a Comment