Renting an apartment in Dubai
Dubai, the city which practically vibrates with energy, has caught the attention of individuals across the globe. Thousands of people all over the world wish to establish themselves in Dubai, which is also known as the city of dreams, and live a dream life. Dubai with its mind blowing sky scrapers surpassing the clouds, its spectacular artificial islands, breath taking gardens, stable political situation, glittering malls is nothing but dreamy. Who wouldn’t want to spend their lives encircled by such beauty?
Mostly, people visit Dubai as tourist to see Burj Khalifa, the majestic skyscraper which is the tallest building in the world, miracle garden, Palm Island, desert safaris, dancing fountain, the Dubai mall which is the largest mall in the world. The list is endless.
Without a doubt Dubai is the city of superlatives. The tourists get so enchanted by this city in clouds that they decide to spend their lives here.
Dubai has faced a constant rise in population as people all around the world settle here due to the excellent job opportunities available. The job market of Dubai is growing dramatically, so renting an apartment in dubai has become very common, so people have to look for places to live in. The problem starts now. As Dubai is counted as one of the most expensive cities in the world, renting an apartment there is no cheap. In fact you have to pay rents in advance and it takes away huge chunks of your income. One has to be very careful while choosing an apartment for rent in Dubai. These are some general things you should be aware of while renting an apartment in Dubai.
1.Firstly, if you are interested on renting an apartment in Dubai, be aware of real estate agents. They sometimes turn out to be fraudulent. Some of them will charge a fee for even showing around the apartments to you. They tend to fool new entrants. Its not the case. Pay their fees once they have successfully rented an apartment for you. Also make sure that your broker is listed. So always hire well known agents to avoid any mishaps.
2. Secondly, instead of simply renting the first apartment you like first check out the market condition. Whether the rents which your agent has informed you reflects the market or not?
3. Furthermore, before renting an apartment in Dubai, you should know that every property in Dubai needs to be DEWA registered which stands for Dubai Electricity and Water Authority. DEWA, in addition to charging for the water and electricity you consume also charges a housing fee which is 5% of a year’s rent. You may also have to pay chiller fees if you live in centrally air conditioned apartments. Finally you have to be registered with Ejari, an authority responsible for dealing with landlord and tenant relationship.
4. Moreover, chose an apartment to rent in the best part of Dubai. Although living in best parts of Dubai such as Palm is horribly expensive. Make a decision carefully. Chose a peaceful and cheerful area to live in.
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