What you need to know about renting property in Dubai
There are few places to rent a property more exciting than Dubai. Year-round sunshine, a cosmopolitan vibe, a great social scene – and luxury homes that are truly the envy of the globe. In short, Dubai is a renter’s paradise.
If you are a company owner looking to rent commercial space, the options are equally impressive – often featuring luxurious extras and great deals as the emirate continues to focus on becoming an international business hub.
However, as with all property transactions – whether residential or commercial – it is important to go through the process in a careful and diligent manner using the expertise of a broker such as Appello Real Estate.
Our property agents will guide you through the search process, negotiate on your contract once you find the right property, as well as ensuring everything is legal and above board.
Here is a helpful guide to for renting a property in Dubai.
Choose an area that works for you
Firstly, you need to decide which area or development you want to live in. For some people, proximity to place of work will be most important – or, for parents, perhaps proximity to good schools. For others, amazing facilities such as a beach club will be the clincher. A good rule of thumb is to write a list of ‘must haves’ and ‘would likes’ and try and find an area that ticks as many boxes as possible. Tip: check out the comprehensive Appello Real Estate area guide.
Go through your finances
Doing the numbers before looking to rent an apartment or villa will help you target the best property to suit your wants and needs. Make sure you add in the DEWA costs (electricity and water) satellite and internet packages, along with any other extra charges such as service fees. For the rent itself, owners and landlords tend to offer a reduction if this is paid up front on a yearly basis. However, it may be more convenient for you to pay monthly. At Appello Real Estate we can negotiate on your behalf with the landlord to get a deal that works for all parties involved.
Choose a qualified, respected agency
Nothing is more important in this process than having a trusted real estate agent working with you to find the right rental property, in the right area, at the right place. Appello Real Estate is registered with the Dubai Land Department (DLD) and is an approved Real Estate Regulatory Agency (RERA) firm. Crucially, this means will ensure all legal and ethical aspects are taken care of.
Get all necessary paperwork ready
Most owners and landlords will keep a copy of your passport when you rent a property from them. It is helpful to make several copies of all your important documents in advance as you will also need them when connecting telephone, water, electricity and internet. You should also have copies of your valid residence visa and driving licence to be on the safe side. Ask your leasing consultant if you need more guidance in this area.
Attend viewings that suit
Most potential renters want to see a good range of properties before making their final decision. This can be usually be done in mornings, afternoons, evenings or weekends to fit in with your schedule. Your agent should arrange all this on your behalf and give you a confirmation call when viewing times are confirmed. A good agent will attend the viewing with you, answer any questions – as well as take queries or concerns to the prospective landlord.
Make an offer
After viewing all the properties with your leasing consultant, you may want to make an offer at a certain price. Some landlords will be flexible on both price and payment plans, as well as giving reductions on full payments in advance for the year. Negotiation is a common part of the process in Dubai and your broker will be your mediator.
Agree to the rent and terms
Once the owner has accepted your offer, the only thing left is to agree a move in date. This can depend on whether the property is occupied with a tenant already, or if it is vacant in which case things are a little easier. Thereafter, it is simply a case of connecting your utilities before moving in.
Tenancy contract and deposit
As with all steps in the rental process, it should be part of your real estate agency’s services that they prepare a rental agreement – unless the owner or landlord has one specifically for their property. At Appello Real Estate, our agreements are all RERA attested and certified. Once the agreement is finalised your deposit is passed on to the owner. After the tenancy contract is signed, your broker will do a final inventory screening to check the property is ready.
Moving into your property
Once all the paperwork and contracts have been signed, along with the deposit and the balance payment, you are ready to move into your new property. At Appello Real Estate we can advise you on reliable removal companies to use. Tip: Some buildings in Dubai ask tenants to notify them before they plan to arrive with a hired truck to move in (or out) for security purposes – this is worth checking.