Ultimate guide to renting an apartment in Dubai

[XDoodlebugger]

Originally Posted by rosy83

Also what is 'The Torch', where is that located, is it any good?

thanks

The map someone just gave a link to has the Torch slightly mis-labeled but close. It's on the far north side (right side of the map), nearly on the Marina.

Easy access to Sheik Zayed road, easy walk to Marina Walk, a decent building, I like it.

A few pictures:
https://www.facebook.com/media/set/?...0278031&type=3

[M3red]

Originally Posted by XDoodle******

The map someone just gave a link to has the Torch slightly mis-labeled but close. It's on the far north side (right side of the map), nearly on the Marina.

Easy access to Sheik Zayed road, easy walk to Marina Walk, a decent building, I like it.

A few pictures:
https://www.facebook.com/media/set/?...0278031&type=3

how much is a place like that one?

[XDoodlebugger]

Originally Posted by M3red

how much is a place like that one?

Two bedroom with the best view AED120,000, I know someone with a nice (but not as nice) view that is paying AED90,000 for 2 bedrooms.

[M3red]

Originally Posted by XDoodle******

Two bedroom with the best view AED120,000, I know someone with a nice (but not as nice) view that is paying AED90,000 for 2 bedrooms.

awesome, probably will be October before I arrive so will definitely look there. Fingers crossed my offer (due early next week meets my expectations!).

Thanks mate

[XDoodlebugger]

Originally Posted by M3red

awesome, probably will be October before I arrive so will definitely look there. Fingers crossed my offer (due early next week meets my expectations!).

Thanks mate

Good luck!

[rosy83]

Hi Guys
throughout the forum it describes negotiating price of apartments down by paying in fewer cheques
But can I just ask something (perhaps silly)

Regardless of whether I pay in 4 cheques or 2 or 1 am I not still liable for 1 year's rent?
Or is it that if I pay for 3 months i can leave on the 4th or pay 1 cheque for 6 months and then move out

Because then it comes down to just how much up front out of pocket money I have to hand over in 1 cheque. I mean prepaying is only a problem if you won't get to use the whole term and its non refundable

Frankly handing over a years rent is a BIG ASK! That could be nearly £24,000!!!

Does it really really make them knock off 10-15k? Like would a 2bed 120k turn into a 100k? Appreciate its a case by case thing.

Also, what 'cheque' do they accept? Can I pay with a UK bank account cheque or do I need to transfer funds from a UK account to a UAE account and then write a cheque out of that 1?

Thanks for all the help, sorry for such a looooong list of questions

R

[m1key]

Hi Guys
throughout the forum it describes negotiating price of apartments down by paying in fewer cheques
But can I just ask something (perhaps silly)

Regardless of whether I pay in 4 cheques or 2 or 1 am I not still liable for 1 year's rent?

Yes. You may be able to break the contract and leave early by paying a penalty. I believe 3 months rent is the going rate for that.

Or is it that if I pay for 3 months i can leave on the 4th or pay 1 cheque for 6 months and then move out

Because then it comes down to just how much up front out of pocket money I have to hand over in 1 cheque. I mean prepaying is only a problem if you won't get to use the whole term and its non refundable

Frankly handing over a years rent is a BIG ASK! That could be nearly £24,000!!!

Yes. It is crazy but the norm here.

Does it really really make them knock off 10-15k? Like would a 2bed 120k turn into a 100k? Appreciate its a case by case thing.

You can get the price down paying with one cheque. Some landlords will not do this. For a 120k place, you'd be looking at 5k off, 10k if you were lucky, or the price was unrealistic to start. Depends on the landlords circumstances and if they are in cuckoo land or not!

Also, what 'cheque' do they accept? Can I pay with a UK bank account cheque or do I need to transfer funds from a UK account to a UAE account and then write a cheque out of that 1?

UAE cheque. I suppose the landlord might accept something else, but very very unlikely I would have thought.

Thanks for all the help, sorry for such a looooong list of questions

R

[rosy83]

Thanks Mikey thats really helpful
Now I just need to figure out how to get hold of such a big sum!
doh!

[M3red]

Originally Posted by rosy83

Thanks Mikey thats really helpful
Now I just need to figure out how to get hold of such a big sum!
doh!

I m hoping I get a loan from my company and pay back monthly as per the usual way in the uk...

[wandabug]

When paying with multiple cheques you hand over all the cheques, post dated. It is illegal to bounce a cheque here - you have to honour them.
Regardless of how many cheques you pay with, it is a 1 year contract - you sign to pay rent for a year and the landlord cannot ask you to leave.
A foreign cheque can take 6 weeks to clear - no landlord will want a UK cheque. (would you accept a UAE cheque in the UK?)