Dubai is a well-liked rental location because of its white sand beaches, constant sunlight, and opulent way of life. Dubai, which built the world’s tallest structure, the Burj Khalifa, and hosted the most foreign visitors for Expo 2020, among other world-record-breaking projects, yet has more affordable rental rates than other cities with comparable standards of life.
The city’s rental market expands and advances along with it. In this post, we’ll look at the top 5 things that every tenant in Dubai has to be aware of before signing a lease.
1. A reliable agency
Check to see if the Dubai Real Estate Regulatory Authority has approved and regulated the real estate company you are considering. Select a real estate agent with expertise in the area of your choosing.
By following these recommendations, you may ensure that your home-hunting process goes well and is pleasurable.
2. Set up a moving-in checklist with your landlord.
Before you sign the lease, you have every right to accept the physical state of the property that will be given to you.
Plan a time to go over the property with your landlord and take video of any problems or damage.
3. Decide on the ideal location for you.
Your personality and way of life have a significant impact on this. A region with a busy rush hour is probably unsuitable for you if you’re the impatient sort that loves to get to their destination fast on the roadways.
Check out the malls and facilities in your community of interest first if you’re a devoted shopper and enjoy Dubai’s entertainment scene.
4. A 90-day notice period
The majority of rental agreements adhere to the normal 90-day notice time, even though Dubai law permits the landlord and tenant to choose a different notice duration.
To lawfully cancel the contract and avoid additional fees, you must email your landlord no later than 90 days before the end of your lease.
5. A 90-day notice of a rent increase
Rent increases must be in compliance with the RERA rental index, which anybody can easily check at dubailand.gov.ae, and landlords are required to give you at least 90 days’ notice before the end of your lease if they desire to do so.
Dubai’s Top Property Developers 2022: Who Are They?