The rental market is busy and we want tenants to be in the best position to go out looking for their new home.
We have put together a step by step guide to renting a property in Dubai.
Step 1 – Think about a budget
Calculating a budget is the first and most important step in the rental process. You can use this budget as a base in which you can begin your search.
When calculating a rental budget, please keep in mind the fees that go along with the rental process in Dubai - 5% of the total rental value will be needed for a deposit and 5% will be needed for agency fees subject to a minimum fee of AED 5000.
Step 3 – What do you require
Think about the essentials you require from your rental home. Are you looking for an apartment or a villa in Dubai? Which area would you prefer? How many bedrooms do you need? Think of the driving distance to the nearest schools or your workplace.
Be prepared to compromise! It is very rare that a property will tick every box so put this list in order of importance and narrow down your search to within your criteria guidelines.
Step 3 – Find a reliable broker
It is paramount for you to find a real estate broker in Dubai who you can trust and build, not only a professional but friendly relationship with. It is so important that you feel you can have an open and honest conversation with your broker.
Find a broker who is willing to listen to your needs and wants and match you appropriately to the right community and perfect property.
Step 4 – Viewings
The viewing process can often be rather overwhelming, and it is easy to get excited about a property and forget to ask the questions you had in your head before you walked through the front door. It’s a good idea to write down a potential list of questions to ask your broker about the property you are viewing.
Alternatively, you may dislike a property because of one or two factors but don’t rule it out completely. Voice your concerns to your broker, they may be able to come up with a solution as I am sure they have experienced something very similar in the past.
Step 5 – Make an offer
Once you have found a property to rent in Dubai, make a decision on what you would like to offer. Put the offer to your broker and they will start the negotiating process with the landlord. This is the most nerve-racking time, but your broker will have it under control and will keep you updated imminently with every advance.
Step 6 – Administration
To seal the deal your agent should talk you through the documents needed. Make sure you have an Emirates ID, passport and visa. Take your time to check the contract thoroughly before signing, if you have any questions or queries, ask your broker to clarify.
Step 7 – Ejari Registration
It is now time to register your rental agreement in Dubai through EJARI which means ‘your rent’ in Arabic. Your broker will talk you through this process and assist you with the documents. Your broker should make you aware of which permits are needed in order to move forward.
Step 8 – Get Connected
Dubai Electricity and Water Authority (Dewa) will need to be registered under your name and it is a good idea to connect your internet before you move in.
Step 9 – Move in day!
Congratulations, you have successfully rented a property in Dubai. Be aware of the move in policies put in place by the community or building security. Often Friday’s are a ‘no move’ day as are public holidays but ask your broker to clarify. Other than this, put your feet up and enjoy your new home!