Renting in Dubai works quite differently to many other countries. Where you might be used to paying rent monthly, often via a direct debit, the process in Dubai is distinct. Rent is typically paid in advance on a quarterly, semi-annual, or even annual basis.
This means that when renting a property in Dubai, you must pay a substantial sum immediately.
Advance payments make renting in Dubai less flexible
This system can take some getting used to for new residents. You are required to pay three, six, or twelve months’ rent in one go. This can be a significant draw on your savings, especially in popular locations such as Dubai Marina or Palm Jumeirah, where rental prices are notably high.
For example, a 100 m2 apartment in Dubai Marina can easily cost around 120,000 AED per year. This amount is often required to be provided in a few cheques, even before you move in.
For tenants, this is a considerable barrier. It makes it more difficult to move spontaneously or remain flexible with your living situation. In contrast, monthly payments are common elsewhere, often accompanied by clear tenancy contracts and greater tenant protection. The notice period for terminating a lease can also be more straightforward. This generally makes renting more accessible to a wider group of people.
Landlords benefit from greater security in Dubai
For landlords, this system is naturally ideal. It provides immediate payment security and reduces concerns about rental arrears. For those considering a move to Dubai, it is essential to prepare for this difference. Ensure you know in advance how much you will need to pay and that you can afford this sum.
Although Dubai has much to offer, renting a property there is arranged very differently to what many international tenants may be accustomed to.
Our property advisor in Dubai can assist you with this.
Edward Clarke is a seasoned property expert with extensive experience in international real estate investment, with a particular focus on Dubai’s fast-growing property market. Drawing on both personal investment experience and years of client advisory work, he helps investors make informed, realistic decisions when purchasing apartments, villas or off-plan developments in Dubai. With a pragmatic mindset, a sharp focus on returns and a strong commitment to transparency, Edward is a trusted point of contact for anyone considering a property investment in Dubai.
