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Any individual who is a UAE resident, holds a valid UAE visa, or is a GCC national is eligible to rent a property in Dubai.
The security deposit typically amounts to 5% of the property’s annual rent plus VAT. For furnished properties, it may go up to 10% plus VAT, depending on the agreement between the Tenant and the Landlord. If any damages occur during the Tenancy, the Landlord reserves the right to deduct the necessary amount from the deposit.
Rent is most commonly paid in advance through one to three post-dated cheques. In some cases, Landlords may agree to multiple payments, which can be discussed during negotiations. Though rare, some Landlords may also accept payments via bank transfer.
To lease a property in your name, you will need to submit the following documents to the Landlord or the property consultant:
If your employer is renting a property on your behalf, the following documents must be provided:
The Tenant is responsible for paying the commission, which is usually 5% of the annual rent plus VAT.
To vacate or request changes to your lease terms, you must notify your Landlord at least 90 days before the contract’s expiration date.
Check your Tenancy agreement for specific clauses about early termination. This will outline the penalties and conditions for breaking the lease, as well as the required notice period.
Landlords can only increase rent in accordance with the Dubai Rental Index, which is regulated by RERA and the Dubai Land Department (DLD). If the index does not align with current market conditions, the Landlord may request a rental valuation from the DLD.
Landlords may only evict Tenants in the following situations:
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