Renting property in Abu Dhabi - Do you really need to pay 12 months rent in advance? | ExpatWoman.com
 

Renting property in Abu Dhabi - Do you really need to pay 12 months rent in advance?

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EW NEWBIE
Latest post on 13 February 2013 - 18:54

Hello

I have been offered a job in Abu Dhabi and I'm trying to negotiate a relocation package.

From the research I've done (on various websites, as well as talking to friends in Dubai) I understand that most landlords require 12 months rent paid in advance, so I'm trying to convince my new employer to write the option of an annual loan into my contract, to be paid off monthly.

They've offered me a £5K loan towards accommodation but this is only about a third of the annual budget I think I'll be looking at for rent (I'm looking for a one bedroom apartment) so I don't know if it's any use.

How strict are they on paying 12 months up front? I read that some landlords will accept 12 post-dated cheques - is this common enough to rely on it? I am worried that I'll get to Abu Dhabi and be rendered homeless because I don't have the capital to pay £15K+ up front!

I'd also be interested to hear which areas you would recommend looking at for a single woman in her 20s to live.

Appreciate any advice and thanks in advance. K

4747
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EW MASTER
Latest post on 17 February 2013 - 19:43
you will usually have to put down rent and deposit same as usual, and also that 5% of rent that is agents fee. if you pay in 12 cheques, you only need one months rent at first, if you pay in say 4 cheques, you will need 3 months rent up front. you have to write out all the cheques for the full 12 months on the day you move in. again, temporary accomodation isnt like this and you just pay monthly with no contract or cheques. i dont know what rent on a 1 bed in abu dhabi would be anymore, i havent lived there for 3 years. it used to be more expensive than dubai back then but not sure now. if you look on dubizzle.com you can guage an idea of rent prices. its still expensive compared to most of dubai. i would think you are looking for a place in al reef which is far out at about 60k and the apartments up there will be a few cheques, but most of the places are 1 cheque, if its a bank perhaps you can stretch it... but not always if you do pay in mulitiple cheques they put the price up.
263
Posts
EW NEWBIE
Latest post on 17 February 2013 - 19:41
you will usually have to put down rent and deposit same as usual, and also that 5% of rent that is agents fee. if you pay in 12 cheques, you only need one months rent at first, if you pay in say 4 cheques, you will need 3 months rent up front. you have to write out all the cheques for the full 12 months on the day you move in. again, temporary accomodation isnt like this and you just pay monthly with no contract or cheques. i dont know what rent on a 1 bed in abu dhabi would be anymore, i havent lived there for 3 years. it used to be more expensive than dubai back then but not sure now. if you look on dubizzle.com you can guage an idea of rent prices.
4747
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EW MASTER
Latest post on 17 February 2013 - 19:34
Thanks for all the advice. I think if I can find somewhere where I can pay in 3-4 cheques I'll be fine - the loan from the company will cover the first payment and then I will make sure I'm putting away enough each month to cover the next bulk payment and the next and so on. I had been warned that deposits for utilities can be an unexpected cost - am I really looking at £1K to get set up? If it's easier to let me know costs in AED that's fine. Thanks! its 1k in aed not gbp for set up for addc, factor in that etilisat is more expensive than what it costs in uk too. also factor in 5% for finding a house in the first place too (yes its not the same as the rest of the world!!!)
1
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EW NEWBIE
Latest post on 17 February 2013 - 17:55
Thanks for all the advice. I think if I can find somewhere where I can pay in 3-4 cheques I'll be fine - the loan from the company will cover the first payment and then I will make sure I'm putting away enough each month to cover the next bulk payment and the next and so on. I had been warned that deposits for utilities can be an unexpected cost - am I really looking at £1K to get set up? If it's easier to let me know costs in AED that's fine. Thanks!
4747
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EW MASTER
Latest post on 14 February 2013 - 16:39
this is true, its the same in dubai, though you can often in pay in 2 or 4 cheques. there are some apartments in dubai that now will go to 12 cheques (as in your pay monthly, but your contract will still be for 12 months) but they often ask for a higher rent amount if they let you do this. there is always short term apartments, and hotel apartments, which you have no contract and pay monthly, but again these are more expensive (as they include all furniture and bills etc). its a bit of a nightmare getting set up here at first whilst you get on your feet financially, esp if you don't get housing/schooling paid for by your employer. but it is do-able. If you are single you could also rent a ensuite room in a villa or apartment with another woman or 2, works out cheaper that way and can share bills. there is a lot of this in dubai not sure about abu dhabi. dubai has always been multiple cheques unlike abu dhabi. be wary of flatshare as long as its with the owners permission is fine.
263
Posts
EW NEWBIE
Latest post on 13 February 2013 - 22:23
this is true, its the same in dubai, though you can often in pay in 2 or 4 cheques. there are some apartments in dubai that now will go to 12 cheques (as in your pay monthly, but your contract will still be for 12 months) but they often ask for a higher rent amount if they let you do this. there is always short term apartments, and hotel apartments, which you have no contract and pay monthly, but again these are more expensive (as they include all furniture and bills etc). its a bit of a nightmare getting set up here at first whilst you get on your feet financially, esp if you don't get housing/schooling paid for by your employer. but it is do-able. If you are single you could also rent a ensuite room in a villa or apartment with another woman or 2, works out cheaper that way and can share bills. there is a lot of this in dubai not sure about abu dhabi.
4747
Posts
EW MASTER
Latest post on 13 February 2013 - 19:28
Hello I have been offered a job in Abu Dhabi and I'm trying to negotiate a relocation package. From the research I've done (on various websites, as well as talking to friends in Dubai) I understand that most landlords require 12 months rent paid in advance, so I'm trying to convince my new employer to write the option of an annual loan into my contract, to be paid off monthly. They've offered me a £5K loan towards accommodation but this is only about a third of the annual budget I think I'll be looking at for rent (I'm looking for a one bedroom apartment) so I don't know if it's any use. How strict are they on paying 12 months up front? I read that some landlords will accept 12 post-dated cheques - is this common enough to rely on it? I am worried that I'll get to Abu Dhabi and be rendered homeless because I don't have the capital to pay £15K+ up front! I'd also be interested to hear which areas you would recommend looking at for a single woman in her 20s to live. Appreciate any advice and thanks in advance. K this is true, 99.9% landlords require 12 months up front. you may find some will accept maybe 2 or 3 cheques, but even if you pay for it monthly or in 1 payment, you sign a contract for the 12 months and you are liable for the 12 months whichever way you pay it. if they will loan you some money at least it will offset some of the costs, when you come here and set up house its very expensive in the beginning, you have to pay the deposit for the electricity etc which is 1k you have to pay for the internet and phone etc etc, it all costs a lot, furniture etc etc but thats just the way it works here, its not the uk, where you have a 6 months contract and pay monthly, not the way its done here. if you want to pay monthly you have to go and look at the furnished apartments run by hotels etc etc. try to find an expat landlord, now with the new areas of al reef, or reem etc you should look there, if you look anywhere else you will be liable to pay in 1 payment etc.