Dubai is decidedly one of the fastest-growing economies in the UAE. It is also one of the best countries in terms of the quality of living. Finding an apartment in Dubai suiting all your specific needs and budget can be slightly difficult. Here are some tips on how to find the perfect apartment in Dubai.
- Set a budget
Experts suggest that house rent should not exceed 20% of your monthly income, so set the budget before entering the market in search of the apartment.
- Search online listings
Browse on the internet for the various apartments available, Apply filters as your needs, shortlist and then approach the broker so you are not taken for a ride and less time is wasted.
- Stay close
Try to get a house near your workplace as traffic in Dubai can be challenging in rush hours. If you do not have your own mode of transportation to the workplace then make then the availability of public transport nearby to the house is a must criteria for selection.
- Research the community
Dubai is a cosmopolitan city. Hence one needs to really be specific about the type of culture preferred while residing.
- Consider your options
Variety housing options are available in Dubai, villas, furnished/unfurnished/semi-furnished apartments, studio apartments whatever you need you can easily find. But beware of the hidden costs. And also remember that cost of options will differ according to the location you choose to live in.
- Check the parking
Just like rush hour, parking can be a bit challenging in Dubai. Make sure the building features car parking, and if you are moving with your family and have more than one car, make sure those number of parking spaces are included in the contract.
- Check the agent
The agent is responsible for handling the paperwork and the contracts. So before you sign with an agent make sure that the agent is registered with RERA (The Real Estate Regulatory Agency), as it is illegal to deal with unauthorized freelance agents in Dubai.
- Make sure to write the correct name!
Agents will usually handle the paperwork but make sure you sign the checks in favour of the landlord, or whoever has the power of attorney. Check and double-check all the papers.
- Do not forget to register
All rent/lease contracts in Dubai must be registered with Ejari, so do not rely on the contract issued by the agent.
- Document everything
All agreements with the landlord should be documented in a written form for future reference. It is also a good idea to document how the apartment looks when you move in with several photos.
- Know your rights
Increase in rent must follow the rent index by RERA, which is updated regularly every three months. Also, all evictions have to have reasons under the law, according to RERA.