Dubai is one of the best places to move into. However, you should know all about rental agreements before you move in. You don’t want to entrap yourself into something that might end up costing you a lot. So, make sure to research well and have legal aid before you decide to hand in any document or payment. The first thing you need to do is find a property for rent in Dubai. Next, make sure that the property is authentic with the right documentation and you’re talking to the right people. Now that everything is in place and you’re negotiating the details, consult the Ejari website and the RERA rent index.
It is crucial to know that you can’t rent in Dubai without a valid residential visa. Rental properties in Dubai start from a period of at least an year. You can get short-term leases but that means you will need to pay the rent in full. For long term rentals, you need the residential visa or your employer’s name to be on the lease. Procure the following documentation to sign the lease:
The following documents are essential for the landlord to give:
It is the law in Dubai to register every new lease with RERA. All leases should also include the rent capping details as well. This also means that all rents should abide by the RERA rent index. Furthermore, owners of the properties are only able to increase the rental payment by 5% of the rental agreement. This too is only applicable if the property is at least 25% less than the average index price. You will need to pay the rent in advance through post-dated cheques. You can negotiate with the landlord on the specific number of cheques they require. The tenancy agreement should be in written form and must include the following:
Registering the lease on the Ejari website can help you with any future disputes and most general information regarding your lease. The landlord will also have to provide building regulations or by-laws to the tenants.
Normally, you can submit a notification for changes or termination of the contract to the other party 90 days before expiration. This period can be specified in the contract as well. Moreover, please note the possibility that the tenant might need to pay the remaining rental payments until a new tenant arrives.
Furthermore, if the landlord wishes to evict the tenant, they can do so under the following conditions: