Business & Finance Renting & Real Estate

How To Rent A House In Dubai

Dubai is one of the worlds largest hubs of business, trading, job opportunities, and tourism. Moving to Dubai is a dream for many but most of them fail to follow through, due to a lack of motivation & a proper plan. With a little planning, relocating to this majestic city can be a pretty smooth process. Apart from packing and moving your belongings and shipping your pets, accommodation should be your primary concern. But, you need not be bothered about rent hikes, as the government heavily favours the tenants and provides support in cases of unlawful eviction or rent hike harassments through RERA (Real Estate Regulatory Agency). Being aware of fundamental factors while renting an apartment is very important. Follow the rule of the thumb and youll never go wrong.

Appropriate Inquiry: If in case, you choose to rent a house in Dubai, you should begin by researching the type of accommodation you are looking for. This should help you choose the location of your housing to suit your budget, as well as avail of other advantages, such as value for money, proximity to workplace etc. You should look for a dependable real estate agent, who can guide you in the right direction and help you with your relocation process.

Capital: For most of us, money is the foremost concern when renting an apartment. Before you take up anything, make sure you decide on a budget. Check out your expenses and savings and book a house accordingly. It is believed that one should not be spending more than 30% to 40% of the monthly expenses on rent alone.

Make Enquiries: Don't be in a hurry to rent an apartment straight away. You may want to visit a few more places, and look around for the right one. Before you finalise anything, take some time to review the place. Asking a few brokers around the block can prove to be very helpful, and eases the task of negotiations.

Credit Statements: Once you have settled on an apartment, you need to make sure your credit score is good. It helps to assure the landlord that you will be able to pay the rent. A good credit score means that all your monetary transactions with banks and other financial institutions are absolutely fair, without any debt or penalty issues.

Renting a house is not as complex as it is made out to be. Simply cover the fundamentals given above and you will be on your way to that perfect dream house. Good luck!

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