House Rent in Dubai: Costs and Requirements Everything you need to know about house rent in Dubai It is not just an exciting idea but also quite challenging to rent a house in Dubai with the lively real estate market and rules set there. Here's a step-by-step guide that should ease the process of knowing all the costs involved and requirements needed.
House Rent in Dubai: Understanding the Costs The rental fee for a house in Dubai is very different from another, as it depends upon the type of properties in Dubai. For example, one bedroom apartment in the city center goes for AED 7,345 per month whereas the same outside the center costs about AED 5,043. It costs about AED 14,442 to obtain a three-bedroom home inside the city center and goes for AED 10,100 outside the city center. Studio apartments start from AED 4,000 and a room in a shared house can range from AED 2,000 to AED 5,000. Other charges are security deposits, rental
repayments- usually by post-dated cheques, agency fee - 5% of the annual rent, and, in some cases, chiller fee. These are the costs related to house rent in Dubai.
Requirements for house rent in Dubai To rent a house in Dubai, you’ll need several documents, including a copy of your passport, UAE residence visa, Emirates ID, and proof of income. Additionally, you’ll provide a cheque for the security deposit, another for the agency fee, and post-dated cheques for rent payments. The process involves signing a tenancy contract and obtaining an Ejari certificate. Properties can be found through online property portals, real estate agents, or listings in popular areas. A monthly housing fee, usually 5% of the yearly rent, is added to your DEWA bill and paid alongside utilities.
Final note While renting a house in Dubai can be both appealing and challenging, especially with fluctuations in the real estate market and specific requirements, understanding the costs and preparing the necessary documents can simplify the process and help avoid common obstacles. At ELITE Property Brokerage, we make renting in Dubai an easy affair by providing the best properties we have in order to give you what you need. Our property agents in Dubai are there to guide you through every step of the way, guaranteeing you find the very best options across the city, from luxurious downtown apartments to accessible suburban homes.
