FAQ's

What should I know when buying a property in Dubai?

In Dubai, it’s important to consider freehold and leasehold areas, proximity to schools, transportation hubs, and the type of community. Ensure the property developer is reputable, and always factor in additional costs like the Dubai Land Department (DLD) fees and maintenance charges.

To secure a mortgage in Dubai, you’ll need proof of income, bank statements, and an Emirates ID. Mortgages are available for both residents and non-residents, with varying down payment requirements (usually 20-25% for residents and 30-40% for non-residents). It’s advisable to work with a mortgage advisor to explore your options.

In addition to the down payment, expect to pay around 4% DLD transfer fees, agency commissions (typically 2%), property registration fees, and service charges depending on the property. There may also be maintenance fees for apartments or villas in gated communities.

When renting in Dubai, consider the annual rental price, proximity to workplaces, schools, and public transport, and the lease terms. Dubai leases are typically annual, with payments often required via post-dated cheques. Also, check the building’s maintenance and community fees.

Yes, landlords in Dubai usually require a security deposit equivalent to 5% of the annual rent (10% for furnished properties). This deposit is refundable, provided there is no damage to the property at the end of the lease.

Consider the location, rental price, amenities, lease terms, and proximity to schools, public transport, and shopping areas.

To apply, fill out an application form, provide identification, proof of income, and possibly rental history.

Besides the monthly rent, budget for security deposits, utilities, maintenance fees, and renter’s insurance.

Yes, most landlords require a security deposit, usually equivalent to one month’s rent, to cover potential damages or unpaid rent.

Breaking a lease may incur penalties, including forfeiting your security deposit or additional fees. Check your lease for specific terms.

Alterations typically require landlord approval. Consult your lease for rules regarding modifications.

Report maintenance issues to your landlord or property management as soon as possible. Most leases outline the repair process.

The application process can take a few days to a week, depending on the landlord’s review and approval process.

Pet policies vary by property. Always inquire about the specific policy before signing a lease.

Try to resolve disputes directly with your landlord. If that fails, seek mediation or legal advice based on your lease terms.