Wednesday 19 October 2016

Things To Know When It Comes To Property For Rent In Dubai

Finding the best property for rent in Dubai can be daunting and challenging. The expatriate population of Dubai is steadily increasing as well as demand for apartments for rent is high, thereby skyrocketing rents. About half of UAE residents spend more than 30% of their salary on accommodation expenses. In spite of the costs, most expats, fundamentally in the UAE for short-term work contracts, go for lease. To the relief of many people who are looking for property to rent in Dubai, the government has imposed legislation stipulating that any lease increment might not surpass 7% of the yearly rent cost.

property for rent in Dubai

Housing allowances are normally part of the expat salary package. In spite of the fact that in the past companies would cover the bill for the whole rental sum, the trend now is for expats to be designated a specific rate of the total yearly accommodation cost, with the rest being paid for out of their salary. Some other costs to keep in mind when going to property for rent in Dubai include a security deposit (refundable at the end of tenancy if the rental is hold to be in good condition by the owner, monthly utilities, municipality charges, possible car parking fees, and a  commission fee if the services of a real estate Dubai company are hired.

The renter is not permitted to make changes to the structure of the property, both inside and outside without the permission of the landlord. Repairs and maintenance of the property are covered by the landlord. One year is the normal duration of a lease. In Dubai, the entire rent of the year is paid upfront, commonly with 2 or 3 checks. So, it is extremely vital to understand that once the lease is signed, the renter is tied to the rental contract.

The tenant need permission from the landlord so as to terminate the lease. Landlords cannot force you as a renter to leave without a good reason and even if the lease is only for a year and the lease is assumed to be renewable as long as the tenants do not break any aspects of the contract. The biggest factor in determining where to get rental properties in Dubai is the “Location” of the rental property.  Dubai is split in two- Old Dubai on one side and "New Dubai" on the other. So, the decision for where to get Dubai properties for rent is based on factors including accessibility to work, shops, hospitals and  schools.

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Friday 7 October 2016

Property Network Provides a host of investment property Across The Dubai

Property Network provides a large group of investment properties in Dubai. The portfolio of investors of the company has benefited extraordinarily through taking advice and consultation from Property Network on  property in Dubai. Their clients come from far and wide as well as have enjoyed very lucrative returns on their investments through their investment in Dubai.


Now, purchasing property in Dubai is open to people across the world. However, the local rulers didn't let buying property in Dubai in the past, but now the property is available in freehold status. When buying properties here, you are provided great returns on investment about 8 to 10 percent per year. Apart from this, buying a property here will entitle you to a renewable residence visa, which is really great for people who want to set in Dubai.

Investment properties in Dubai vary in price, ranges from around 43,000 GBP up to 5,000,000 GBP. Properties are available in apartments, penthouses and villas in some of the most scenic locations of Dubai, including Dubai Marina, Downtown Dubai, Silicon Oasis, Al Warqaa, Jumeirah Village Circle. The properties are still in high demand because of population increases year on year. Usually, Dubai's investment properties come with first class communal facilities such as Health areas, retail shops and restaurants. It is available to both residential and commercial.

Investment properties in the city are subject to maintenance charges, but not subject to Legal fees when buying. Moreover, opportunities are not liable to stamp duty when purchased. Additionally, appreciation on value of investment properties are not subject to tax, but are subject to a 1.5% local municipality tax on completion registration.

Today, investment property in Dubai is becoming more and more popular investment choice, but choosing the best investment property can be challenging and confusing as well. When it comes to purchasing in emerging markets like Dubai the challenge can be compounded because of lack of available informations. Property Network understand how difficult it can be for you to get the right advice and information that is required when buying property for sale in Dubai or for any other purpose. The company helps you throughout every stage of buying property or investing in Dubai real estate.

The approach of the company is simple and most significantly effective to make sure that their clients are getting some of the most lucrative returns on their investment in Dubai without any hassle.

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