What initial costs should I anticipate when renting a property in Dubai?
Beyond the annual rent, tenants typically pay a security deposit (5% of the annual rent), an agency fee (2% of the annual rent), and utility setup charges.
Can I rent a property without a residency visa?
No, a residency visa is essential for long-term rentals in Dubai. However, short-term rentals might be available for non-residents.
What documents are required to rent a property in Dubai?
For individuals, the documents required are a passport, residency visa, and Emirates ID. For companies, the documents required are a trade license, owner's passport and visa, and occupant's passport and residency visa.
Who is responsible for paying service fees?
Landlords typically cover property service fees. Tenants are responsible for a 5% municipality tax (added to electricity bills) and may share air conditioning costs if not individually metered.
How long is a standard tenancy agreement?
Typically, tenancy agreements in Dubai are for 12 months, renewable annually.
Is subletting allowed?
Subletting is prohibited unless explicitly permitted in the tenancy contract or with written landlord approval.