Your Ultimate Rental Guide

Your Ultimate Rental Guide

Dubai has became an expo center of luxury and a compact living concept. As the options presented to the client ranges on a wide spectrum that’s why it has become more accessible to explore different choices. Apart from buying property which can be categorized as long term investment, some people prefer renting properties.?

But renting properties comes with it's own rules and regulation. Here lies a comprehensive guide to help you navigate the rental procedure.?

Step 1: Work Out Your Budget And Requirement

In Dubai, you are required to pay your rent in post-dated cheques for the contract term. You will require a passport copy, a resident visa copy, Emirates ID (front and back), and a checkbook to rent in Dubai. Do not forget to budget these additional costs: - Ejari fees: (AED 220) - Security deposit: 5% to 10% of rent - Moving fees: dependent on property and bedroom type, and varies by moving agency - Agency fee: usually between 5% to 8% of first annual rent - DEWA fees: AED 130 non-refundable connection (activation fee), along with a refundable deposit. If your residency visa is not yet issued, you can approach the agent and provide them with a letter from your company confirming that your visa is under process. So the agent can convey the same to the landlord.

Step 2: The Search

Talk to family, friends and colleagues and look on the internet. There are a lot of things to think about when deciding on the best property this includes community, type of property the location, type, and. Choose a reputable agent who can help you understand your financial plan, needs and needs, in order to offer a range of homes that you can view. A contract with an agency ensures it is guaranteed that the property owner has been scrutinized and you'll have an expert in the field who will explain all the regulations and laws in relation to the tenancy process, which will ensure an easy transition when moving into your new house. READ GOOGLE REVIEWS. You should inquire who is in charge of the property with regard to the future maintenance. Take note of the fact that agents aren't necessarily managing the property. Certain properties are run directly by the landlords. It is always advisable to lease a property which is managed by a trusted Property Manager as it will be simpler should any issues related to maintenance develop in the near future. It is essential to know the rights, obligations and warranties and the procedures in place should any issues related to maintenance arise in the near future.

Step 3: Property Viewing?

As a property consultant, your agent will present areas and homes that meet your needs and budget. Set up appointments to visit a variety of possibilities until you discover what you're looking for. It is important to do not to view the same property through different brokers. This is because if multiple brokers are connected to one landlord it can result in a fake demand, and possibly raise the expectations of the landlord in terms of the rental they're expecting.

Step 4: The Offer

Once you've found the right residence. You can make an offer. Then, each party (tenant and the landlord) will engage in a discussion which will be guided through your representative. You'll offer to negotiate the cost, the amount of cheques that you'll be paying in the beginning, the date of contract's start and duration, as well as the amount of deposit. These are the most important conditions that you must agree on. Other requirements might include decorations, pets and furniture, garden etc. Sometimes, landlords will be willing to lower the amount of rent when the amount of checks are reduced.

Step 5: Agree On The Terms Of Rent.

After you have both agreed on the terms, the tenancy agreement will have to be written. It must be in full compliance with the laws governing tenancy in Dubai to be valid contract. This is something that your RERA agent registered with RERA will guarantee and ensure. When you sign the contract you'll be required to submit duplicates of the passport as well as visa pages , along with the security deposit of 5% to secure the property.

Step 6: Signing The Contracts.

When all parties are satisfied with the contract the parties will have to sign. In this moment you'll be required to deliver the rent check in accordance with the rent terms together with the commission for agency. Once all paperwork is done and the cheques have been delivered the keys as well as access card will be handed over to you. Each party will receive an original copy of the document. Make sure that rental cheques are made out to the same owner's name as stated on the title deed for the property. Don't issue checks to third parties even though they are authorized by letters. You can also verify the authenticity of title deeds through the official site of RERA or on the Dubai Rest App. b?

Step 7: Ejari Registration

Registration with Ejari is mandatory and you'll find that you must have an original copy from your Ejari Certificate for renewal of your visa and other such things. when you live and work in Dubai. These documents are required to complete your Ejari registration for tenants: - Original tenancy agreement title deed - A copy of your documents for passports (tenant and tenant) A copy of Emirates ID. Keep in mind that EJARI is required for many other services you could require for example, the issue of residency visas to relatives or for a housemaid..

Step 8: Connecting DEWA

You must submit the below documentation at DEWA (Dubai Electricity and Water Authority) to be connected: DEWA ID (found on the side of the property's entrance) -- Passport documents (tenant as well as landlord) -- DEWA form (title deed) - Cost of setup: (AED 130) - Refundable deposit: AED 2,000 or 4000 based on the property type The activation process is completed within 24 hours of having completed the registration and making payment.

Step 9: Prepare To Move In.

There are developers that will require tenants to submit a NOC in order to move into the property. This can be obtained with the following: - Ejari Certificate - Tenant passport and visa copies - Copy of Tenancy Contract - Move-in Form Before you schedule a time to move in with your preferred moving company, ensure that you are aware of any restrictions with regards to the date and time (As an example, some buildings will not allow tenants to move in on a Friday). Final things to consider: - Check for any issues with the property, and take photos to share with your agent and landlord to prove that they were not caused by you. - Resolve any maintenance issues. - Ask for the property to be cleaned if it hasn’t been already. Remember, a property must be handed over to you in a habitable condition before you move in.