Need help on what to do before renting in Dubai? Here’s a quick list of what to do, what to expect, and what you should need to know.

1. Understand your budget. Whether you are new to the city, or simply looking to upgrade, location is of prime importance. However, it is also essential to understand that your budget will determine where you choose to live.

2. Explore Communities. It is important to select a community that closely matches your needs and lifestyle preferences. The city hosts areas and neighborhoods that cater to varied lifestyle requirements: families, young professionals, sports enthusiasts, outdoorsy type, etc.

3.  Search for Properties. Once you have shortlisted the communities to live in, it’s time to narrow your search further to focus on specific property types. Doing your research on the things you need to check before renting an apartment is a must – property condition, landlord issues, and other additional costs to be included.

4. Schedule a property viewing. Attending property viewings can be time consuming, but it is very important. You have to also prepare yourself with the right questions and checklist to help you conduct a thorough assessment to make sure that the property ticks all the correct boxes.

5. Secure the property and sign the contract. If you have already decided on which property to rent, it’s essential to have your documents in order to submit your application and offer. Keep in mind to have copies of all your identification and other requirements for swift process – from preparing your tenancy contract to registering with Ejari, connecting your DEWA and other services.

What documents to prepare:
-Passport copy
-Residence visa copy
-Emirates ID copy
-Security deposit cheque
-Agency fee cheque
-Original signed tenancy contract
-Copy of title deed
-Power of Attorney (POA) if needed
-Passport and Emirates ID copy of landlord

6. Move in. Once you’ve settled on your moving date, it’s time to get organized for a seamless move-in experience. Make sure you have everything registered – Ejari, DEWA, internet service, cooling provider, security and moving permit. 


Buying a home can be both exciting and daunting at the same time, whether you are a first-time buyer or a seasoned investor. To help you, here’s a list of important factors to consider before you become a homeowner in Dubai.

· Affordability. Keep in mind that your monthly housing expenses should not exceed 30% of your salary. In buying a house, it is crucial to budget the upfront fees which can be approximately 7-8% of the purchase price. Upfront fees include Dubai Land Department fee, property registration fee, real estate agent fee, property valuation fee, among others. As an owner, you will also have to keep up with ongoing maintenance fees as well as paying the annual service fees.

· Savings. Perhaps the most important factor to consider when contemplating buying a home is your down-payment. In line with UAE Central Bank Regulations, the minimum deposit required for expats is 25% of the purchase price for properties valued at less than AED 5 million, and 20% for nationals. A personal loan obtained from a local bank cannot be used to finance your down-payment — this must come from your own savings. However, the above-mentioned upfront transaction costs, agent fees and bank fees may be financed through a personal loan. 

· Rental Yields. Thinking longer-term, if you want to convert your home into an investment property down the line, it’s important to assess whether the projected rental income will be sufficient to cover your monthly mortgage repayment and maintenance expenses.

· Residence visa. For properties valued above AED 1 million, you may be entitled to a residency visa through home-ownership, subject to meeting certain conditions. Two types of visas are available, a 6-month multi-entry or a 2-year residency. Property owners can also sponsor a visa for their immediate family members.
For properties valued above AED 5 million, with no mortgage attached and that of which are retained for 3 years, may entitle you to a 5-year residency visa, again subject to certain eligibility conditions.

· Location. Take into consideration the size of your family, stage of life and lifestyle. Is the property near schools or childcare facilities? What are the approximate daily commute times from the property to your work or children’s school? Is public transport easily accessible? Are restaurants, cafes, cultural attractions or nightlife destinations important to you? Does your chosen community have adequate options?

· Size. Again, taking into account the size of your family, is the property large enough to meet your needs? Do you have plans to expand your family in the near future? Are you looking for a spacious backyard for your children? 

· Layout. Not all square footage is equal, which is where properly assessing floor-plans and layout becomes important. Are you looking for open-plan living? Seeking spacious living areas or do you prefer larger bedrooms?

· Quality. Have you considered the age of the property? If buying off-plan, was the property built by a reputable developer? If investing in the secondary market, does the property require any renovations?

· Market conditions. Stay up to date with current market trends in your chosen community. Is it the right time to buy? Are rental prices declining? What are current rental yields?

These are the main factors to consider in buying a home or property in Dubai. For expert advice on real estate and investment, you may contact our agents to assist you. We can help you make the right choice.

Source: Property Finder

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