Renting a house in Dubai can be pretty intimidating. This is especially true if you’re new to the Emirates as there are just important things that you are either not knowledgeable about or completely unaware of.
This is why we thought it would be useful to put together an article with key tips that will make things easier for you. If this is something that you’re interested in knowing more about, read on for five effective tips that will help you rent property in Dubai.
One of the first things you’ll want to do before renting a house is set a budget. You should make sure that you can comfortably pay the rent on the property before committing to it. When setting a budget, be sure to give yourself some wiggle room so that you can still pay for your rent in the case of an emergency. You'll also have to consider running costs such as Dubai Electricity and Water Authority (DEWA) and other utility costs. Lastly, make sure you have enough to cover the costs that you’ll have to pay upfront such as the deposit, DEWA connection, and commissions.
Aside from setting a budget, you’ll also want to consult with experts that can help you navigate the local real estate market. Working with a real estate broker is a great way to find the best deal possible. Real estate brokers will help you find the best home that is a perfect fit for your financial situation. They’ll also keep you updated on the latest listings, which means you won’t miss out on any good properties just put up for rent. When looking for a broker, be sure to hire one that’s fully qualified by the Dubai Real Estate Regulatory Agency (RERA).
Once you find a property that’s perfect for you, it’s best to secure it as soon as possible. In order to do this, you have to be prepared. When renting out property, be sure to have your Emirates ID, visa, and three cheques for the deposit ready. You’ll also want to have the first rental payment and broker’s commission so that you can streamline the entire process.
Remember the first two cheques should be in the name of the landlord, while the third cheque should be addressed to the name of your broker’s company.
After you sign your tenancy agreement, you must then register with Ejari. This can be done at any of the centers across Dubai. When registering for Ejari, be sure to have a copy of your tenancy contract, a copy of your landlord’s ID, and a copy of the title deed.
After registering to the Ejari system, it’s time to connect your DEWA. Take note that you’ll be required to pay a refundable security deposit of AED 400 for a villa and around AED 2000 if you’re renting an apartment. Be sure to collect the receipt after paying so you can refund it at the end of your tenancy.
Hopefully, this article proves helpful when it comes to the first steps in renting property in Dubai. While the process may seem overwhelming at first, you can accomplish everything easily as long as you follow the tips that we’ve outlined above. And if you still need help, we recommend getting in touch with a real estate professional.
If you need help navigating real estate in Dubai, then you’ve come to the right place. Founded in 2004, Dacha is a top property agency in Dubai that provides high-quality properties for sale and lease, as well as comprehensive property management services. Contact us today for all your real estate needs!