What You Need To Know About Renting Your Dubai Property

9 Easy Steps – What You Need To Know About Renting Your Dubai Property

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It has always been a dream of mine to rent a property in Dubai. All of the aspirants sometimes experience strain and stress as a result of this process. The list of properties in Dubai can be viewed by following the rules and procedures regarding the rental of apartments in Dubai. You can list a property with us if you are looking to free list a property, buy, sell, or rent an apartment in Dubai.

Renting out a property in Dubai can be a lucrative investment, but it’s important to know the rules and regulations in order to avoid legal issues and maximize your profits.

In order to rent a property in Dubai, you should read some of the steps that you should keep in mind.

1 – Make a plan and create a budget that fits your needs 

As the industry follows a post-dated check policy when renting apartments in Dubai, it is important to plan and budget when you rent an apartment. In most cases, tenants get 1-12 checks depending on their term contract. Furthermore, you’ll need to save some money for the deposits and connection fees, which range from 5 – 10 percent of your rent.

2 – Hiring a broker is the best way to join an agency 

When looking for an apartment for rent in Dubai, make sure you sign up with an agency that’s RERA-registered (Real Estate Regulatory Authority). Rented homes can be found through these reputable companies via their brokers.

3 – Set up a viewing appointment 

Depending on the tenant’s needs, the broker will show them a list of properties listed with us and schedule a viewing. Check to see if each apartment has a parking spot. Besides making sure the electrics work, ask for things like a security guard, repainting the house, a gym, and a pool.

4 – Finalize the deal/make an offer 

Just don’t make the full payment if you’re stuck and like the property. The various payment terms need a counteroffer. Get a short-term rental plan instead of a single short payment.

5 – Make a reservation 

Make sure you pay a security deposit once the property is finished. In this case, you will be refunded a portion of your rent, which can range from 5 to 10% of the rent or one month’s rent. It is important to ensure that the payment is made to the landlord and not to the broker.

6 – Getting the agreement signed by the tenant 

The broker will give you the contract after you pay the security deposit. Based on mutual understanding, review and make changes if needed. Make sure you understand the tenants’ rights in Dubai before you sign anything. Keep one copy of the signed contract and give the landlord the other.

7 – Registration for Ejari

Getting registered with Ejari is the most important step after signing the contract. Dubai needs this documentation to accept the documents legally. Bring your tenancy contract, passport-size photos of both parties, both parties’ Emirates IDs, and the landlord’s title deed to the nearest typing center or register online. In the meantime, document your deposits, leases, and rents.

8 – Connectionto DEWA 

DEWA (Dubai Water and Electricity Authority) should be contacted before moving in. In addition to the security deposit, there are activation fees and registration fees depending on the property type. After activation, DEWA will activate your connection.

9 – Ready for you to Move In

The time has come to move to the place you’ve always dreamed of. In Dubai, moving to a new home can be tough, but following these steps can ease the process. Depending on their communities, some tenants must fill out the move-in form before moving in. This procedure, which can be completed online, could take up to 5 days. Please confirm in advance with the landlord or the agent if this move-in form is necessary.

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