Find via Bayut/property finder/Dubizzle
Online platforms like Bayut, Dubizzle, and Property Finder can make the search easier. These platforms offer a variety of rental options, catering to different budgets and preferences. Here’s what you need to know about using these platforms as a student in Dubai.
The Reality of Using Bayut, Dubizzle, and Property Finder
Bayut, Dubizzle, and Property Finder are three of the most popular real estate platforms in Dubai. They offer comprehensive listings for apartments, villas, and shared accommodations across the city. Unlike traditional student accommodations, which are rare in Dubai, these platforms allow you to find housing that suits your specific needs, whether you’re looking for a single room or a whole apartment.
The Cost Factor
The Dubai rental market is known for its volatility, with prices fluctuating based on the season. Peak season runs from September to May, during which rents can soar. However, by using these platforms, you can lock in rental rates and avoid drastic price increases. Here’s what you need to know about managing costs:
- Annual Contracts: Signing an annual contract can help you avoid monthly rent increases, providing stability in your budget.
- Upfront Payments: Some landlords offer discounts for upfront payments of several months or the entire year. This can reduce the overall cost and eliminate the risk of rent hikes.
- Negotiation: Always try to negotiate the rent, especially during the off-peak season. Landlords might be more willing to lower the price to ensure occupancy.
- Summer vs. Peak Season Rates: During the summer, the prices you see listed monthly are often much cheaper than what you will pay from September. Always ask for the rent for each month because in some areas, the rent can increase by 1.5 times or even double. To avoid any surprises, make sure to get the monthly rate breakdown.
Fees to Consider:
- Deposit: Typically, the deposit is 10% of the total annual rent.
- Agent Commission: Real estate agents usually charge a 5% commission on the total rent. Be careful 5000 AED commission only apply if the total rent is 100k, don't be fooled.
- VAT: A 5% VAT is applied to the agent’s commission and any property-related services.
- Tourism Fees: These fees apply only to short-term rentals, such as Airbnb, not long-term leases. It could also be applied by hotel apartment. Its generally between 210 to 600 AED/month depending on the hotel stars, 600aed corresponding to a 5 stars hotel
- All-Inclusive Rentals: Some properties offer all-inclusive rates, which can include utilities and maintenance costs. This is particularly useful for students who want a hassle-free living experience. ask your agent "is the DEWA included ?"
DEWA (Dubai Electricity and Water Authority) is the government entity responsible for providing and managing electricity and water services in Dubai - Ejari Fees( if > 1year contract): Registering a tenancy contract with Ejari costs around AED 220. Ejari is a mandatory online system in Dubai for registering and standardizing all rental agreements to ensure legal protection and compliance.
