suziqll
Hi,
I am moving to dubai in Oct this year and really am trying to understand how the rental market works over there. I am in london at the moment and we pay by month here with a deposit at the beginning. I have been told that you have to pay a year in advance but how do you get the money to do this. Can anyone help?
Thanks
K-Dog
I rented an apartment a month ago, paid 5% deposit, 5% agent commission and one year's rent in advance. In my case my company advanced me the money, actually wrote a check to the landlord and now they are taking it out of my monthly paycheck. I guess its pretty common in Dubai for your company to deal directly with landlords. Hope this helps.
suziqll
Thats great, what you have said makes alot of sense and explains what my company was offerring was exactly what you have stated. I just didnt understand!
One quick other question if i need to buy a car and have no savings but im only staying for a year, then how do people buy second hand cars. I hear they are cheaper and in better condition than in most countries well britain (prob because of the rain) but obviously are still not cheap as a one off payment and obviously it is more difficult to get around without a car
thanks once again for your help its much appreciated