Finding the best place in Dubai for rent is overwhelming for expatriate. Especially now when expatriate population is growing constantly, the demand for flats in Dubai for rent is going sky high. Over 30% of total salary of 50% of residents is spent over accommodation expenses in UAE. Regardless of the cost most if not all expatriates who are on short-term contracts, prefer leasing over owning flat in Dubai.
To facilitate people who are looking for property in Dubai for rent, the state has passed the policy that the limit of increase in rent for flats in Dubai shall not go over 5% of annual lease price. Additionally government is focusing over new property developments underway to release the demand pressure from the property for rent in Dubai.
Accommodation allowances are normally part of expatriate salaries. In fact past companies also cover the complete amount in Dubai for rent. Along with the expense of flat for rent in Dubai there are some additional charges that include, security deposit, car parking charges, utilities, municipality costs, and 5% commission charges for the services of real estate agent if used. However, the landlord is responsible for maintenance and repair.
The lease agreement is between the landlord and the company sponsoring the tenant. If tenant has a residence visa or letter stating visa in progress, then he can personally sign a lease agreement. In Dubai entire annual rent is paid upfront through 2 or 3 checks. For instance, in situations of bi-annual payment, the initial 6 months of lease is to be paid immediately while the remaining amount can be paid by post-dated checks. Once lease is signed the tenant is bound with the agreement and to terminate the lease tenant would have to take the permission from the landlord.
A good thing about property in Dubai for rent is that government highly supports tenants. Landlord can only ask the tenant to leave the property when he has some solid reasons like to use that accommodation for his personal use. If tenant do not break any term of the contract, the lease can easily be renewed after a year. Location is another important factor, after the cost for renting flat in Dubai. Properties in Dubai for rent are divided in Creek with Diera or Old Dubai and New Dubai.
How to find information for property in Dubai for rent
If you are searching for property in Dubai for rent, you can find wide directories of flats for rent Dubai and as well as other town houses, hotels and furnished apartments. You can take help of local classifieds or straight from property developers. The search for the property or rent flat Dubai needs lots of timely efforts. You can save lots of time by searching it over the internet. There are many websites where you can find ample amount of listing right on your desktop and the best part is that you can immediately contact the agents if you have any specific queries. You can also find the literature to understand UAE rental laws and investigate good locations to get property for rent in Dubai.
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