However, the cost of living here can be quite high, particularly when it comes to finding a place to live. The average monthly cost of renting a one-bedroom apartment in the city center is EUR1,766. This price is higher than the cost of renting a home in Paris but lower than the cost of staying in a hotel in the same area.
If you plan to visit Dubai for the first time or move here permanently, you might want to consult a realtor in Dubai. Here are some tips to help you have a stress free experience and find the best short term deals to secure your perfect place to stay.
Research Real Estate Agencies in Dubai
When planning to rent a property in Dubai, UAE, it is essential to choose a reliable and trustworthy agency to avoid any unpleasant surprises. With so many companies to choose from, it is overwhelming to decide which one to choose. It's important to do your research in order to make an educated decision.
Here are some helpful tips to assist you in your search.
One of the first things to consider when choosing a real estate agency is its reputation. One way to ensure that you're working with a legitimate team is by checking the official web resources of the Dubai Land Department service for verified brokers. This website can be a helpful starting point for your search.
Once you’ve narrowed down your options, it’s also important to check if the agency has experience in your preferred location. The metropolis is vast, and different areas have their own unique characteristics. An expert who is familiar with the locality of your interest can offer valuable information that may assist you in making a well-informed choice.
In addition to checking the reputation and experience of the agency, you may also want to consider their fees. They usually charge a commission fee, which varies depending on the agency. Make sure you understand the fees involved and ask questions if anything is unclear. Some companies may also have hidden fees, so be sure to ask about any additional charges upfront.
Finally, don't forget to read reviews from previous clients. By checking reviews on the agency's website or on third-party review sites, you can assess the level of service provided and determine if they are a reputable company.
Reputable brokers from the AX Capital comply with all the aforementioned requirements and may help in finding property in Dubai to buy or rent.
Work Out Your Budget
The UAE, like most destinations in the Middle East is expensive, even by European standards. There are ways to visit Dubai on a budget, but rents can be high so prepare for this.
After identifying a reliable real estate agent, it is crucial to have a clear understanding of their commission rates. Typically, agents charge a fee equivalent to approximately 5% of the annual rental value of the property.
However, it is possible to encounter agents who charge much higher fees than this. Another important factor to consider is that some brokers may include clauses in the tenancy agreement that require payment of a fee each time the contract is renewed.
Choose Location and Type of Property
When it comes to finding a place to live for a short time, there are several housing options to choose from, including fully furnished short term rentals.
It's worth considering what you need in advance, as some areas will have a larger stock of one accommodation type. Therefore, the type of home you're seeking is also likely to influence the location you end up in.
If you are planning to study in Dubai, most universities offer advice and support to assist you in finding a suitable accommodation, especially if you are an international student. However, some universities do not provide on-campus housing, so you may have to consider accommodation off-campus, which could increase your expenses slightly.
If you are moving to work in Dubai, the location of your job will play a significant role in determining where you should rent a property. It's also important to consider the school you choose if you have children, as traffic during peak times can be congested.
Each community has unique features, and your personal preferences and budget will be the determining factor in deciding what suits you best. As a rule of thumb, the rents become more affordable the further away you are from the city centre.
If you have a large budget or your work are paying, you might want to consider moving to the Emaar beachfront area which is a popular with foreigners and celebrities.
Some estate agents will drive you to show you acccommodation, or you might also want to consider renting a car in Dubai which makes navigating the city easier.
What to Consider Before Moving to Dubai
Finally, when planning to live in Dubai, it's essential to understand the emirate's culture and customs. Given that Dubai is predominantly Muslim, it's important to be mindful of the local culture and etiquette.
It is important to dress appropriately when visiting public places in Dubai, and any public displays of affection are not socially acceptable.
If you do like the experience of living here, you might also want to spend time finding the best places to buy a house in Dubai.
Start Planning Your Move
Finding professionals to deal with real estate in Dubai when travelling and wanting to rent is a daunting task. However, by conducting thorough research, comprehending the available options, and engaging a reliable expert, the process can be made more efficient and less burdensome.
Take the time to compare different options and make sure you understand the fees involved.
Whether you are seeking a renting option or property for sale in Dubai, consider your housing options and what will work best for your lifestyle and budget, and take into account the location of your job and other important factors when choosing where to live.
Once you have this sorted start checking out the top tourism attractions in Duabi and enjoy the warm weather and culture for yourself.
