Dubai homes are known as the smartest and most advanced technology-influenced homes across the globe. It offers a luxurious lifestyle, considering the top-notch living standards, security, and career opportunities. Many people run after renting in Dubai due to the comfortable lifestyle it offers. Thousands of people from different countries move to Dubai every year to turn their dreams into realities. Dubai’s rental market is affordable and offers multiple luxuries and a balanced lifestyle. In this blog, you will get a detailed guide for renting in Dubai and after reading Prescott’s perfect guide you will face no hurdles.
Renting in Dubai: Beginner’s Guide
Finding apartments in Dubai has become very popular and convenient due to the rental agreements and real estate sector. However, renting in Dubai can be a bit different to the newcomers but with the right information, you can easily rent any apartment you want. There are several steps and processes that you need to undergo for renting in Dubai which can initially appear confusing to beginners but with the right research and guide, you can easily achieve what you want.
How to Secure The Ideal Rental Property in Dubai:
Securing the ideal rental property involves numerous crucial steps. You should start by defining your budget, goals, and desired area or location afterward, and conduct thorough and deep research on the rental market and trends of the real estate. There are many online portals present and reputable estate agents who can correctly guide you through your desires and budget. Enlist the properties and agent’s guide, ultimately you will have a wide range of listings and professional advice. Now, shortlist the areas that meet your commuting needs and search for their rental prices, and don’t forget to add additional costs like utilities.
No need to hurry to find your dream home, Dubai is a country where breakneck construction is going on all across the world, you should do a thorough search and not go for the landlord if you think he is asking a high price. UAE is an advanced and ever-evolving country so, there is no need to settle for a deal you are not satisfied with in any way.
Popular Places Available for Rent In Dubai:
Dubai Marina:
If you want to face the crystal clear water at walking distance, then you should choose Dubai Marina as your new rental home. This versatile and luxurious area is full of shopping centers and restaurants.
Downtown Dubai:
It has the world’s largest mall, The Dubai Mall. If you are a shopping addict then you should search for an apartment here, it also has Burj Khalifa at its center.
Bur Dubai:
Bur Dubai is known as the ancient part of Dubai because it has preserved its vintage charm. It is also renowned as the cultural hub of Dubai and it also has a great food street. It has both villas and buildings so, if you are a food lover then you should probably choose this place.
Khalifa City:
It is the place which is most preferable by people because of its unlimited convenience. If you are looking for a hub of conveniences like medical centers, shops or schools should be near then you should probably choose this one.
Al-Tawwun, Sharjah:
If you are moving with your family and need more family-friendly facilities then you should prefer this location because it offers parks, art galleries, and restaurants since it is right next to Al-Qasba.
Types of Properties In Dubai:
Dubai offers luxurious yet affordable areas to live a high life. There are multiple places to live that offer 24/ advanced security, pharmacies, playgrounds, large gardens, swimming pools, and many more. There are numerous types of properties which are mentioned below:
- Villas in compounds
- Stand-alone Villas
- Apartments
- Serviced apartments
- Hotel apartments
- Furnished and unfurnished homes
Tenancy Laws and Agreements:
One of the most important and primary laws is that as a landlord, you can ask for the rent on the agreed date each month as per the contract and the tenants must pay their utility bills. According to RERA rules, if your property’s rent is 11% to 20% below the average rent in Dubai, you can increase the rent by 5%. However, this must be determined by the RERA rent calculator.
The lease terms for renting in Dubai have made it clear that while renewing the lease, you can raise the rent but the tenants should be informed about the raise three months before also, ensure it through the RERA Calculator. The tenants have the right to terminate any lease while renting in Dubai if they don’t get the basic rights.
Moreover, landlords can also give the tenancy eviction notice if the tenant is not paying the rent or bills and is damaging the property. It is crucial to go through the tenancy laws when signing the lease agreement.
Conclusion:
Renting in Dubai offers a cozy mix of luxury, modern living, and convenience which makes it attractive to tourists and people across the world. All the places in Dubai have advanced and high rent standards. With a wide range of properties and options, people from all over the world choose Dubai as their comfort home. Whether you want Crystal Water Beach at walking distance or the availability of hospitals and schools or a waterfront view from your terrace, you will find a sea of options to choose from at affordable prices.
