Is There no Commission Rent in Dubai?
Real estate agents in Dubai typically charge a commission for their services when helping clients rent a property. The commission is usually a percentage of the annual rent, and it can range from around 2% to 5%, depending on the agent and the specific transaction. However, these rates may change depending on the situation in the market.
In some cases, landlords or property management companies might offer "no commission" deals, where they either absorb the cost of the commission themselves or work without an agent to find tenants directly. These deals are less common but might still be available in certain circumstances. It is essential to keep in mind that commission rates and practices may change over time, so it's a good idea to verify the current situation with local sources or real estate professionals in Dubai.
To search for no commission rental properties, you can follow these steps:
Online property portals: Browse through popular online property portals in Dubai, such as Dubizzle, Property Finder, or Bayut. Use filters or keywords like "no commission" or "direct from the owner" to narrow down your search results.
Social media groups: Join Facebook or other social media groups dedicated to rental properties in Dubai. Members often share listings for no commission rentals or properties available directly from the landlord.
Local newspapers: Check classified ads in local newspapers, as some landlords may advertise their properties without an agent, which could mean no commission fees.
Network with friends, family, and colleagues: Ask your personal network if they know of any available no commission properties or if they have had any experience with landlords who do not charge commission fees.
Look for "For Rent" signs: Explore neighbourhoods where you would like to live and keep an eye out for "For Rent" signs. Some landlords might place signs on their properties instead of working with agents.
Contact property management companies: Some property management companies or landlords may offer no commission rentals. Reach out to them directly to inquire about available properties.
Negotiate with the agent or landlord: If you find a property you like but it comes with a commission, try negotiating with the agent or landlord to see if they would be willing to waive or reduce the commission.
Remember that finding no commission rentals may take more time and effort than searching for properties through traditional channels. Be prepared to invest extra time and patience in your search. Additionally, always verify the details of the rental agreement, including who is responsible for the commission, before signing a contract.
What are the Other Tenant's expenses in Dubai?
In addition to the commission, tenants in Dubai may encounter several other expenses related to renting a property. These can include:
Rent (obviously): The tenant is responsible for paying the agreed-upon rent, which is often paid in the form of post-dated cheques. Rent can be paid in multiple instalments, such as quarterly, biannually, or annually, depending on the agreement with the landlord.
Security deposit: A security deposit is usually required before moving in. This deposit is typically equivalent to one month's rent and is held by the landlord to cover any damages or unpaid bills. The security deposit is refundable at the end of the tenancy, provided there are no outstanding issues.
Ejari registration: Ejari is a Dubai government initiative aimed at regulating the rental market. Tenants are required to register their rental contract with Ejari, which involves paying a registration fee.
DEWA (Dubai Electricity and Water Authority) deposit and bills: Tenants are responsible for paying utility bills, including electricity and water. When setting up a DEWA account, a security deposit is required. The deposit amount can vary depending on the property type.
Cooling/Chilled water charges: In some areas and buildings, there may be separate charges for district cooling or chilled water services, which provide air conditioning. Tenants are typically responsible for these charges, which may be billed monthly or quarterly.
Gas charges: If the property uses gas for cooking or heating, tenants will need to pay for the gas usage. This could be either through a gas cylinder or a centralized gas system.
Internet and TV services: Tenants are usually responsible for setting up and paying for their own internet, TV, and telephone services.
Maintenance: Tenants may be responsible for minor maintenance and repair costs within the property, as specified in the rental agreement. Major maintenance issues are typically the landlord's responsibility.
Please note that these expenses and practices may change over time. It is essential to verify the current situation with local sources or real estate professionals in Dubai before entering into a rental agreement.