Home  |  About Us  |  Careers  |  Contact Us

+971 4 343 4999 (24/7 service)
Make an Enquiry

UAE Investment Opportunities Caribbean Investment Opportunities

Leasing a property

1. How do I list my property for rent?

To list you property with us, you need to fill in the listing form (link to Sell/To let) and submit the following documents to advertise your property and rent it out to prospective tenants:

• Proof of Ownership of property (copy)
• Title Deed of the property
• Valid Passport copy
• A listing agreement, as per RERA regulations

2. How to price a property for leasing

The specialized agent in your community will assist you with the pricing by evaluating your property and comparing it to other properties in the market. Generally, a one-year lease is signed by the tenant and the landlord, but longer and shorter leases are not uncommon.

3. What is a tenancy contract

It is a signed agreement between an individual/company and a landlord for a one-year period. It includes the tenant and landlords' details, their responsibilities and agreed upon rental amounts.

All payments are to be made prior to the landlord’s signing the contract.

4. What is a leasing addendum

It is an agreement between the landlord and the tenant listing the terms and conditions of leasing the property.

5. Terms of leasing

Although usually for a one-year period, the contractual period can vary depending on the landlord and/or tenant’s requirements. The tenancy contract is renewable upon the consent of both parties, and as per RERA rules and regulations.

6. Payment terms

Although the rental price is always calculated annually, the payment terms vary from landlord to landlord . A tenant can be expected to give the landlord between 1 and 12 post-dated cheques for the rental property.

7. Renewal of tenancy contract

This is purely based on the agreement between the landlord and the tenant.

8. Cancellation of the tenancy contract

This is based on the terms and conditions outlined in the leasing addendum and defined in the RERA regulations, signed by the landlord and the tenant at the time of leasing.

9. Who pays the agency commission?

Whoever appoints the real estate consultants should pay the commission; however, commission can be paid by both parties, and this is agreed upon beforehand. They offer a service to either lease a property or sell a property. Alternatively, they will find a property for you to buy or rent. They are paid a commission for this service. Commission is always paid to a company, never to an individual.

10. Can I register my property lease?

All Landlords must register their lease under the Ijari law. Please refer to the RERA regulations at www.rpdubai.com

Find us on Find us on FacebookFind us on Twitter


Share |