5 things you should consider before renting a property in Dubai
Dubai is a city that continues to have unparalleled growth. With consistent technological advancement as they pioneer multiple industries, the city continues to receive a high influx of immigrants each year. As an ever evolving metropolis, Dubai offers many opportunities for visitors and residents alike. If you’re moving to Dubai soon, or are looking to stay in the city, we’ll help you filter out what you need to know before renting a property in Dubai.
Property location
It is important to consider the whereabouts of the area where you will be staying. Dubai is a large city, where you will have to drive considerable distances to get from one place to another in the event that your chosen community is located in the outskirts of Dubai. Nevertheless, each neighbourhood has its own unique characteristics with shopping centres, pharmacies, schools, universities, and at times; even their very own hospitals. It is advisable to know if your community has access to public transportation like bus routes and metro lines before renting a property in Dubai.
Another variable affecting the location where you rent a property in Dubai, may be the activity in the surrounding areas. If you prefer a quiet area, then places like Jumeirah Park, The Green Community and Dubai Hills Estate might be more suitable for you. If you want to be in the heart of the action, then areas like Downtown and Dubai Marina are the places we recommend you search in.
You can explore the best villa communities to live in here.
Rental budget
Rental prices in Dubai can vary, depending on the location and the type of property you’re looking for. From high-end properties in and luxury villas in areas like Jumeirah Golf Estates, to small, cosy studio apartments in JVC. It is important to set a realistic budget to start your search. You might have to compromise on the size or location of the property to stay within budget.
Always consider added costs, like the initial rental deposit and commission fee for the real estate agency that helps you find the property. The normal rule of thumb when renting a property in Dubai, is to allocate up to 30% of your income towards rent.
Everyone’s financial situation differs from one another. We have put together a list of areas where you can find a suitable property that stays within budget depending on your income.
If you earn from AED 10,000 to AED 15,000 try finding studio apartment here:
- Dubai Silicon Oasis
- Al Barsha
- Jumeirah Village Circle
- Dubai Sports City
- Jumeirah Lake Towers
If you earn between AED 15,000 and AED 20,000 you can get a studio apartment or 1 bedroom apartment in the following areas:
- Business Bay
- Al Furjan
- Barsha Heights (Tecom)
- Dubai Marina
- Dubai Sports City
If your income is above AED 25,000; you can find rent a property in the communities below:
- Arabian Ranches
- Jumeirah Park
- The Green Community
- Jumeirah Beach Residence
- Emirates Hills
If you need assistance finding the best location that stays within budget, get in touch with A&Co. Real Estate. We’ll make sure to advise you well before renting a property in Dubai.
Amenities
When renting a property in Dubai, it is important to consider the amenities that are included. The amenities within a building or community may impact the rental price, as the service charges paid by the property owners may be high in order to provide the proper level of maintenance for them.
Some properties may come fully furnished, which can affect the price. Unfurnished properties tend to have a cheaper rental rate than its furnished counterpart, albeit owning your own furniture might make your next move a bit more expensive, considering you’ll have to invest on a move-in service in Dubai.
If you’re a fitness enthusiast and do not wish to spend on a gym membership, we advise you to search for a property with its own private gym. Although we know there’s nothing like the environment and motivation a public gym brings, that’s why we have also put together a list of the best fitness studios and gyms you can sign up to in Dubai. Check them out here.
Lease agreement
Before renting a property in Dubai, make sure you understand all of the terms and conditions of the lease agreements. Be clear on the length of the lease, rental fee, along with the payment deadlines. It is also important to understand your rights and responsibilities as a tenant. Don’t doubt on contacting your agent or initiating a dialogue with the landlord in case any clause is unclear.
Legal requirements
Before you proceed to rent a property in Dubai, it is important to understand the legal requirements. All rental agreements must be registered with the Ejari system, which is a government-run database of all rental agreements in Dubai. It is also important to understand the rules and regulations regarding rent increases, security deposits, and eviction procedures. Make sure you do your research and understand your rights and responsibilities as a tenant in Dubai.
