Home improvements: how to plan your move to Dubai
Here are some things to consider when renting in Dubai.
Firstly, find out how much you can really afford to spend. Generally, no more than 30 per cent of your income should be spent on rent and related costs.
Think carefully about the type of neighbourhood you want to live in. For example, the Marina might be lovely, but think of the weekend traffic. Decide on the kind of unit you’re looking for. A villa may have more privacy, but will be more expensive for Dewa bills.
Brokerage fees will be a percentage of your total transaction fee – this fee is usually 5 per cent of the total rent. Security deposits should also be 5 per cent of your annual rent.
Many landlords in the UAE ask for rent to be paid up front in one cheque. Some landlords can be negotiated with, but make sure to agree before you sign anything.
Remember to include the cost for Dewa and your phone and internet bill down payments. This can add up to a few thousand dirhams, so it’s worth considering this when you’re weighing up moving costs.
Courtesy of EZHeights.com
Published: August 27, 2015 04:00 AM