Getting an opportunity to work in Dubai has become a sought after dream by many professionals across the World. It has become a business center in the region and at the same time provides a full living experience where people get to balance work and leisure in a way that benchmarks globally.
Being such a desired destination made the real estate market a very competitive one and it has become harder to find a place that meets your criteria, and more often than not, you are forced to prioritize and compromise to get the maximum benefit if and when possible.
It is not easy to find the perfect apartment in the suitable price range in any place, and it becomes a bit more complicated when you are a foreigner to the country and culture and you don’t know the language. Therefore; you have to be ready to do your homework before committing to a long term rent contract especially when you are moving there for the first time. So what do you have to consider when you are looking for apartments for rent in Dubai?
Do Your Research
How would you choose your apartment if you don’t have the slightest idea where to look and how much people are paying in different areas? Well; this is what you have to find out before you start your hunting.
Dubai is a very big city and like any other city worldwide; it has different neighborhoods and urban areas, so how would you know which one matches your criteria and meets your taste? It is hard enough that you are moving overseas and joining a new job, so try not to make it harder by leaving this task until you are physically there, because you will lose focus and exhaust yourself. Start by using available resources to get as much information as possible before you book your flight. Online classifieds websites have made this very easy for you, as you can search through the real estate category and make a list of the apartments that appeal to you, then complete the picture by researching the area, its population, landmarks … etc. Then you can communicate directly with the agents to get more information.
Get Some Local Help
Maybe you already know someone who lives in Dubai, so reach out and get their opinion about the results of your research, and ask them about the things that would help you take a first step in finding a suitable apartment. If you don’t know anyone, you can always reach out to the HR professionals in your new company and they can provide you with advice or connect with those who can.
Compare Market Prices
Using the same Online Classifieds would help you do a quick comparison of prices, and this would give you a better idea about the areas and their populations. Once you shortlist your choices, try to find out what hidden costs are there, and remember that what applies to your current living arrangement will also apply when you are living abroad as you will need to park your car and pay for electricity and water, etc.
One Word: Budget
Your efforts can all go to waste if you don’t know what your budget is. You need to decide how much you are willing to pay for a rented apartment, especially that you will have to buy most of the household items. It is true that most companies in Dubai offer housing allowance, however; it does not necessarily cover the rent amount because the prices keep going up with the high demand from expats and locals, so this one is on you to figure out.
Rental Period and Payment Method
The rental periods in Dubai are usually annual or bi-annual, so you have to find out what you can afford. It is also common for building owners and agents to ask for an upfront payment, so do your calculations and find out what you can spare to put as a down-payment without having to suffer from the consequences.
Now you know what to expect when you are hunting for apartments in Dubai, just don’t splurge in the beginning because the first period would be stressful and full of changes that you have to cope with, so don’t make debt and overspending to be one of the things you have to worry about.