Make Sure You Don’t Pay More than You Have to
Assuming you’ve previously viewed a number of homes, you’re more likely to be prepared to pay a premium over the offs. While this is true, it is important to keep in mind that you must complete your due research before signing any deal.
The best course of action is to check at nearby houses that are comparable to the one you’re considering and see how much they cost or how much they’d cost to rent. Approaching real estate agents in the region might make this process a lot simpler, since they may have access to all listings in the area, and they can tell you whether you’re getting a decent price.
It’s a good idea to choose an estate agency with a large number of branches in the neighbourhood to receive a more accurate price estimate and possibly find a lower-priced house elsewhere. If you are looking for dubai real estate jobs, please visit our website.
Don’t Make the Mistake of Blindly Depositing the Tenancy Deposit.
In order to figure out how much of a tenancy deposit is required, multiply the monthly rent by 12 and divide the result by 52. Rent for one week should be multiplied by five or six, according on how much you pay in rent annually. Landlords that ask for bigger tenancy deposits than the law requires might be called out if you know this.
Even though you have the right to a refund of your security deposit at the conclusion of your lease, it is contingent on your agreement with the landlord. No damage to property, on-time payments, and no modifications to property are only few of the terms of a rental agreement.
Avoid Additional Fees at the Start.
Landlords and agents are prohibited from charging extra fees under the aforementioned Tenant Fees Act. Using phrases like “credit check” and “references” may be a way for them to deceive you.
You can only pay one week’s rent as a holding fee, which guarantees that the property will be reserved exclusively for you while your application is being considered. Within a week after selecting to rent, this holding fee will be refunded to you. If your application is unsuccessful, you will not get it back.
True or misleading information, rent check failure, withdrawal from the proposed rent agreement and failing to satisfy the requirements to enter into a rental agreement are among the reasons why an application is rejected.
Make a List of Necessary Amenities
You must be able to live comfortably in the home you choose for yourself, including all of the necessities of daily living. Moving into an unfurnished house makes the most sense if you already have all of these things. Most first-time renters, on the other hand, tend to be light packers and, as a result, lack the essential furniture, appliances, utilities, and other necessities for their new apartment.
