Dubai is the most sought-after city within the middle east where thousands of foreigners come every year looking for lucrative career opportunities. For most of the visitors, rental apartments make for an obvious choice since they are cosy, affordable and available in a diverse range of layouts. This is quite evident from the growing demand for apartments for rent in Dubai.
Having said this, it can be challenging to find an apartment that suits one’s budget and requirements. To make the entire process easy for you, we’re going to share with our readers some important things that one should look for during the apartment hunt phase. Also, we will be sharing an updated list of areas where you can get cheap rental apartments.
Continue reading to know all about it!
Decide a Budget
First things first, before you begin your search for a rental apartment, you must sort out a budget. Doing this is essential as it is the basic selection criteria from where you can start.
One more thing that you have to keep in mind is that your budget should not only include your rent. It should include your utility and other miscellaneous expenses as well.
Sort Out Your Requirements
After deciding your budget and before you start searching for properties, you should consider your requirements. Your requirements will determine what type of apartment you should rent. If you live with your family, you’ll have to rent a 2- or 3-bedroom apartment but if you’re alone, you can opt for a studio. Likewise, you should also shortlist the areas that are convenient for you so you can base your search there.
Search for Properties
After sorting out your budget and basic requirements, start searching for available properties within your target areas. Searching for your required property is easy, you can either contact some real estate agency or you can search by yourself using online property finding platforms. Look for different property listings within your target areas and shortlist the properties that meet your needs.
Make a Visit to the Property
After shortlisting properties, visit them for viewing purposes. You can easily check out the properties virtually these days as most developers and property portals offer virtual tour facility. Once you have virtually examined the property and are satisfied with it, contact the agent or owner and set a time to visit the property personally.
When you’re visiting the property, carefully examine it and ask for any details that you’ve in mind. Remember that if you can find a flaw in the property you can use it to negotiate the rent later on. Some of the things you should inquire about include.
- Security conditions of the property.
- Cost of repairs.
- Parking facilities.
- Any other added facility that comes with the property such as gym, community pool etc.
Ask for Rent & Make Your Offer
After finding a property that meets your needs, ask for its rent. If the rent falls within your range, then it’s perfect, otherwise you can try to negotiate it. Make your offer and wait for the property owner’s response.
Seal the Deal
Once you are satisfied with everything and the rent falls within your budget bracket, finalise the deal. Sign the contract and set the time you can move to your new place. Moreover, at the time of finalising the contract, ask about the procedure of rent payment. Usually, the rent is collected either bi-annually or quarterly. But you should ask the landlord about it to be sure.
After signing the contract, get it registered at your nearest Ejari Official centre or you can also do it via the Dubai REST app. You’ll be allotted an Ejari registration number once the registration is complete.
Getting yourself an Ejari registration offers more benefits than you know. It not only establishes transparency between both parties (landlord and tenant), but also minimises the chances of conflicts between them.
Most Affordable Areas for Rent in Dubai 2021
If you’re still confused and don’t know where to find affordable apartments, we’ve got you covered. Take a look at some of the areas where you can find the most affordable Dubai properties:
Let’s take a look at them:
- International City
- Jumeirah Village
- Dubai Sports City
- Discovery Gardens
- Business Bay.
- Jumeirah Lake Towers.
These are some of the places you should look for if you’re on the hunt for pocket-friendly residences.