Tips for Immigrants for Dubai renting Apartments and Flats and accommodation

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Moving from one place to another, especially in a country like Dubai, it can be daunting because when you have to seek a place in Dubai renting for a stay can be nearly impossible without a help of an expert. The population in Dubai is on continuous growth and this growth is not slow and steady but fast and the furious. So to find apartments rent Dubai or flats rent in Dubai, you need to take help of someone who knows what, why, where and how of Dubai rentals, otherwise your investment or expenditure on accommodation may lead you to a great loss.

Statistics are witness that just around 50% of the people living in Dubai are spending over 30% of their monthly income on their accommodation. The reason behind it is that the foreign workers due to short-let stay choose to lease instead of spending in the real estate. To get the financial relief to those who are looking for properties, apartments or flats on rent in Dubai the state has imposed a law that restricts an owner from exceeding 5% of the annual lease price.

It is a tradition in Dubai rental market that tenant is provided with a package of Housing Allowances. Previously, the companies had to cover the bills for the rent but now there isn’t any trend like thus in Dubai. Recently the trend is that the tenants are allocated specific percentage on the whole cost of rental for the year. The remaining rent is to be paid out of the salary. Despite of this the other expenses incurred when he or she tries to rent a studio apartment on rent in Dubai are refundable security deposit, fees for car parking area, monthly utilities like electricity and gas, 5 % for municipality charges, and last but not the least 5% commission for real estate agent in Dubai. The expenses of maintenance and repairs are bore by the landlord. Tenants are not allowed to make any amendments, renovations and changes in the property and if necessary then he or she has to take the permission of the landlord.

Most of the time a lease has to be drawn up between the landlord and the company of the tenant. This is because to sign a lease, tenant should have a residence visa in Dubai. Normally lease is done for 1 year or 11 months. Dissimilar to other countries where rent is given on the monthly basis, in Dubai rent is charged for the entire year. In some cases if the rent is paid on bimonthly basis, in Dubai rent is charged for the entire year. In some cases if the rent is paid on bimonthly basis then also a tenant is supposed to pay two checks together. One is current dated check with the amount of a rent of the next 6 months while the second check is the post-dated check with the amount of the rent for next 6 months.

After an assessment of the cost of Dubai rentals for apartments and flats in Dubai, the most important concern is to determine the location. The highly popular and preferable areas for immigrants from USA, UK and Europe is Palm Jumeirah Apartments that are mostly located near the beach park.

Daniel McCain is an expert real estate consultant associated with Halcon Real Estate, a Dubai-based international real estate firm that specializes in Dubai Real Estate of all types. http://www.halconrealestate.com/dubai/Rental_Property_in_Dubai.xhtml apartments rent Dubai | http://www.halconrealestate.com/dubai/Dubai_Apartments.xhtml flats rent in Dubai | http://www.halconrealestate.com/index.xhtml Dubai rent