With the increase in prices, it is not feasible for all of us to afford buying an apartment. However, it is always possible to rent property. Moving to a new apartment can indeed be a thrilling experience, but finding a good one to rent could be an intimidating job. There are after all quite a few things you need to consider before you make the final move. So, in this blog I have covered a few vital tips, you need to know before you sign up.
Lay down a budget: Setting a budget helps in more ways than one. Think about how much you can pay for and try not to go beyond 30-percent of your monthly income. Accordingly, you will be able to focus on your search and perhaps even adjust for a few things. Stick to the basic needs and don’t go overboard. If you do find a bigger apartment in a better area, make certain it is worth spending the extra money.
Where do I look for? If you think you’d be spending more, if you are to hire an agent, don’t. Use the newspaper classifieds, craigslist, search online, look out for local publications, etc. It will at least help you get an idea about the rental markets and probably a better deal too. If all else fails, you can always ask your near and dear ones to help you out.
Read before you sign the dotted line: Read 10 times if you have to, but do. A lot of people take it casually and regret it later. Obtain a copy of all the rules and regulations, and ensure you have gone through everything. Rentals in Dubai aren't complicated, but when you miss out on vital stuff, you could be in trouble. Therefore, read through your tenure, the monthly rental along with your security deposit, your responsibilities, etc.
Remember, you are renting a property and it is a big move. Make sure you are covered on every aspect. Apart from these 3 pointers, bear in mind that you have to pay a visit to the apartment before you take any major step. All the best!
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