How to Rent a Studio Apartment in Dubaiby Manoj Kumar online marketing
There are short-term rentals and long-term rentals in Dubai, anything above six months is considered a long-term rental. With a valid residence visa, you will be eligible to rent a property. If you’re on a visit visa, then it’s not applicable.
The first step would be to do your research and find the right rental place for yourself by looking through numerous well-known real estate websites. This will help you choose from a range of rental studio apartments that you would like.
While doing your custom search, there are a few key points to consider. The kind of location you wish to reside in, a specific view, the budget, the size and plan of the apartment, and so on, and while you are looking through properties you can browse and apply the required filters in the portals you refer to.
Once you are decided upon a few studio apartments for rent in Dubai the next step will be to arrange a viewing of the property. For this you can reach out to your real estate brokerage company or a broker that you can contact online, get in touch with them and arrange a viewing because it is advisable to view a property before booking it.
The RERA (Real estate regulatory agency) will then issue a specific license to the real estate brokers, which is granted as a permit for them to work as a broker, who will therefore be able to protect your rights as a tenant. Always choose a RERA-registered broker.
Now, you can negotiate the rental amount by speaking to your landlord with the registered broker and placing an offer that would satisfy both ways with a security deposit check as well.
Make sure what kind of parking is included. It is obviously better to go for covered parking than an opening parking space and to know this, you must ask for a title deed, which is a document proving the ownership of the property and your parking number will be mentioned on the title deed. In addition, don’t forget to ask about the sought amenities that will be provided to you.
Get your payment breakdown details through your broker so that you can avoid any kind of surprises later on. Since there are a couple of charges apart from the rental amount.
What follows is you will have to give a 5% refundable security deposit in the name of the landlord to the brokerage company and sign the tenancy contract alongside.
In case you are new to Dubai and don’t have a bank account and cannot issue a checkbook, you can request for an indemnity letter also called a third-party letter, and have it signed saying that the other person would be indebted to pay if the tenant is not able to.
Once you are done with the deed, you can now do your ejaari, registration of the contract. It has a fee of AED 219 which is paid by the tenant. This is a vital step as it will help you recognize your rights as a tenant and you cannot move into the further procedures without completing this.
Register DEWA connection (Dubai electricity and water authority) so that you can get the basic utilities at your apartment. The normal fee is AED 2130 which has now been reduced to AED 1130 due to covid which is a refundable security deposit.
Therefore, you will be paying a 5% security deposit to your landlord, your rental cheques, and agency commission to the real estate broker.
It is advisable for tenants when you are making a payment that you ask or receipts so that you are secure, do a proper inspection in your studio apartment and finally keep a record for yourself which will be helpful in the future when you move Studio apartments for rent in dubai.
Created on Apr 12th 2022 00:43. Viewed 54 times.