123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Real-Estate-and-Foreclosure >> View Article

Renting Dubai Property

Profile Picture
By Author: Zarene Clementine
Total Articles: 3764
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Housing allowances are typically a part of the expatriate package. Although in the past companies would cover the entire rental amount, the trend now is for expats to be allocated a certain percentage of the total yearly accommodation cost, with the rest being paid for out of their salary. Other fees to bear in mind when renting include a security deposit, possible car parking fees, monthly utilities, municipality charges (typically 5% of the lease), and a 5% commission fee if the services of a real estate agent are used. Maintenance of the property are paid for by the landlord. Tenants are not allowed to make changes to the structure of the property inside or out without the permission of the landlord.

Moving to a another country can be intimidating and finding the best place to rent can be daunting. Dubai's expatriate population is steadily increasing and demand for rental properties is high. Unfortunately for tenants, this has resulted in hiked rental costs. Approximately half of UAE residents spend about 40% or more of their salary on accommodation expenses. Regardless of the costs, most expatriates, mainly in the ...
... UAE for short-term work contracts, opt to lease rather than invest in the property market. To the relief of many of those looking to rent property in Dubai, the government has imposed legislation stipulating that any rent increase shall not exceed 7% of the annual lease price. There are also several new property developments underway that should take some pressure off the market in the near future.

The lease will usually be drawn up between the landlord and the tenant's company/sponsor. If an expat signs the lease himself he must have a residence visa or at least a letter from his employer stating that a visa is in process. The normal duration of a lease is one year. Unlike in many other countries where rent is paid on a monthly basis, Dubai's entire year's rent is paid upfront, most commonly with 4 or 3 checks. For example, in the case of bi-annual payment, the first 6 months of the lease are paid for immediately with a current dated check, while the remainder of the year is paid for with a post-dated check. (Short-term furnished monthly accommodation in Dubai is available but it is often more costly.) It is important to understand that once the lease is signed, the tenant is tied to the contract. In order to terminate the lease the tenant would need permission from the landlord. That being said, the rental laws in Dubai actually favor tenants. Landlords cannot force a renter to leave without a very good reason (such as wanting the property for their own personal use). Even if the lease is only for a year, as long as the tenants do not break any aspects of the contract, the lease is presumed to be renewable. The Municipality has a special section set up, the Dubai Rental Committee, to oversee any disputes between landlords and renters.

After cost, location is usually the biggest decider in determining where to rent. Dubai is split in two by the Creek with Deira (or "Old Dubai") on one side and "New Dubai" on the other.
The decision for where to rent is based on factors including accessibility to work, schools, shops and hospitals. Some of the most popular locations to rent include:


* Bur Dubai: located near Bur Juman Shopping Center and offering reasonably priced apartments.

* Downtown Deira: reasonably priced low-rise apartments are readily available in this neighborhood, although if work or schools are located on the opposite side of the creek the traffic can be a nightmare.

* Satwa: a nicely located area situated between Sheikh Zayed Road, Bur Dubai and Jumeirah, offering low-rise apartments and reasonably priced villas.


* Garhoud: located near Dubai International Airport and offering low-rise apartments and townhouses at reasonable rents.

* Mirdiff: a newer development consisting mainly of villas located past the airport.

* Jumeirah / Umm Suqueim: is ideally situated near the beach, parks, and schools, this is probably the most popular area for the European and Local communities, offering upscale villas and townhouses.

* New Dubai Developments: including The Greens, Arabian Ranches, The Lakes, The Meadows, Emirates Hills, and Dubai Marina and located near Dubai Internet City. Many offer gated, family friendly communities with access to swimming pools and other recreational amenities.

Those searching for Dubai property for rent can find extensive listings in the local classifieds such as or direct from property developers such as zoozi.com by going directly to their rental page on http://www.zoozi.com/dubai-classifieds/classifieds-navigation/index.aspx?id=RENT; or by finding an agent. The search for the perfect place to lease can be time-consuming and may seem overwhelming.

Total Views: 215Word Count: 799See All articles From Author

Add Comment

Real Estate and Foreclosure Articles

1. The Growing Importance Of Property Investment Training
Author: Rick Lopez

2. Top Reasons To Invest In Dholera Before Property Prices Soar
Author: Tatvam Realty

3. Earn Fixed Income With Dual Income Propertyfor Sale In Brisbane
Author: Rick Lopez

4. Discover The Best Apartments In Kochi: Thrissur Builders Pvt. Ltd. - Your Trusted Real Estate Partner
Author: TBPL

5. Investment Opportunities In Hyderabad You Can't Miss
Author: Sensation Infracon

6. How To Find An Affordable Service Apartment In Gurgaon
Author: AdoPremium

7. Discover Premium 3bhk Apartments In Kochi With Thrissur Builders Pvt Ltd
Author: Thrissur builders pvt ltd

8. Invest In Premium Plotting Projects & Luxury Plotting Projects In Konkan
Author: codename oxygen

9. The Role Of Concrete Sand In High-strength Concrete Mixes
Author: doctorsand

10. Choosing The Right Property Investment Firm In Sydney: Why A Property Investing Agency Matters
Author: Koala Invest

11. The Role Of An Industrial Land Consultant In Ahmedabad: Insights From Ashish Estate
Author: Ashishestate

12. Top 10 Blue Ocean Strategy Companies In India: Invest Smart
Author: Sensation Infracon

13. Experion Trillion New Launched Project In Sector 48 Gurgaon
Author: Property Station

14. Can Indians Buy Property In Dubai? A Complete Guide For Indian Investors
Author: namam

15. Top Benefits Of Hiring An Industrial Land Consultant In Ahmedabad
Author: prakashestate

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: