Finding the best property for rent in Dubai can be daunting and challenging. The expatriate population of Dubai is steadily increasing as well as demand for apartments for rent is high, thereby skyrocketing rents. About half of UAE residents spend more than 30% of their salary on accommodation expenses. In spite of the costs, most expats, fundamentally in the UAE for short-term work contracts, go for lease. To the relief of many people who are looking for property to rent in Dubai, the government has imposed legislation stipulating that any lease increment might not surpass 7% of the yearly rent cost.
Housing allowances are normally part of the expat salary package. In spite of the fact that in the past companies would cover the bill for the whole rental sum, the trend now is for expats to be designated a specific rate of the total yearly accommodation cost, with the rest being paid for out of their salary. Some other costs to keep in mind when going to property for rent in Dubai include a security deposit (refundable at the end of tenancy if the rental is hold to be in good condition by the owner, monthly utilities, municipality charges, possible car parking fees, and a commission fee if the services of a real estate Dubai company are hired.
The renter is not permitted to make changes to the structure of the property, both inside and outside without the permission of the landlord. Repairs and maintenance of the property are covered by the landlord. One year is the normal duration of a lease. In Dubai, the entire rent of the year is paid upfront, commonly with 2 or 3 checks. So, it is extremely vital to understand that once the lease is signed, the renter is tied to the rental contract.
The tenant need permission from the landlord so as to terminate the lease. Landlords cannot force you as a renter to leave without a good reason and even if the lease is only for a year and the lease is assumed to be renewable as long as the tenants do not break any aspects of the contract. The biggest factor in determining where to get rental properties in Dubai is the “Location” of the rental property. Dubai is split in two- Old Dubai on one side and "New Dubai" on the other. So, the decision for where to get Dubai properties for rent is based on factors including accessibility to work, shops, hospitals and schools.
Housing allowances are normally part of the expat salary package. In spite of the fact that in the past companies would cover the bill for the whole rental sum, the trend now is for expats to be designated a specific rate of the total yearly accommodation cost, with the rest being paid for out of their salary. Some other costs to keep in mind when going to property for rent in Dubai include a security deposit (refundable at the end of tenancy if the rental is hold to be in good condition by the owner, monthly utilities, municipality charges, possible car parking fees, and a commission fee if the services of a real estate Dubai company are hired.
The renter is not permitted to make changes to the structure of the property, both inside and outside without the permission of the landlord. Repairs and maintenance of the property are covered by the landlord. One year is the normal duration of a lease. In Dubai, the entire rent of the year is paid upfront, commonly with 2 or 3 checks. So, it is extremely vital to understand that once the lease is signed, the renter is tied to the rental contract.
The tenant need permission from the landlord so as to terminate the lease. Landlords cannot force you as a renter to leave without a good reason and even if the lease is only for a year and the lease is assumed to be renewable as long as the tenants do not break any aspects of the contract. The biggest factor in determining where to get rental properties in Dubai is the “Location” of the rental property. Dubai is split in two- Old Dubai on one side and "New Dubai" on the other. So, the decision for where to get Dubai properties for rent is based on factors including accessibility to work, shops, hospitals and schools.
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Nice article I am also looking for property to buy in Dubai. May be this article helps me a lot. Thanks
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