It could lack the style of Dubai, but the reality is that Abu Dhabi is the splendid capital of the United Arab Emirates and the second most crowded city in the Emirates. Manifold major embassies and oil corporations possess their headquarters at this place.
Indeed, you can think of getting apartments for sale in jvc, but if you are wondering Abu Dhabi, that is also a wonderful place to be. Lavish green boulevards, wealthy shopping malls, thick green parks, and sophisticated high-rise building describe the capital city. With a populace of nearly 2.7 million people, there is no lack of choice in the rental market; in fact, Abu Dhabi is seeing rapid growth in the real estate industry as more developers are venturing the market. Of course, the amazing apartments in Abu Dhabi are going to win hearts for sure, here are some things that you should know about.
The occupancy law in Abu Dhabi
The general framework of the tenancy law got stated in Law No. 20 of year 2006 that has since undergone several amendments keeping in tune with the altering market scenario. The bill makes sure that the interests of both parties stay protected. It chiefly deals with rental prices and that of eviction policies. Your agent is going to be in a position to give you in detail data on this subject before you even sign the rental agreement. So, be watchful about this thing.
Expense to take into account when renting
Once you rent any property with the help of a real estate agent, you have to pay five percent of the rental to the agent charges for services provided. The other expenses to consider are like:
- Opening accounts for utilities such as electricity and water.
- Charges involved for setting a contract
- Security deposit to just confirm your interest that again is nearly five percent of the complete rent
Quick peep into Rules for renting property in Abu Dhabi
To start with, it is absolutely necessary that you familiarize yourself with the diverse types of areas in the city – nearness to schools, shopping malls, hospitals, parks, etc. You can either look out for Property for rent in Abu Dhabi or simply reach out to an authorized real estate agent to aid you in the procedure. Remember rentals vary based on the location, the overall area, the floor (higher floors are mostly pricier) and the facilities available in the condo or the villa. The rentals have actually fallen in the second part of 2018 in Abu Dhabi, and now there is impressive scope for tenants to simply negotiate with their owners to less their rents, but they must definitely initiate it a minimum of three months before their lease ends.
Know about Occupancy rules
It is supreme that you understand the occupancy rules before you even think of renting a property in Abu Dhabi or you will be ending sacrilegious rules and experiencing serious consequences. In Abu Dhabi the law mentions that each occupant in the property should definitely be allotted a minimum of fourteen sqm; that is to say that you may rent a feature based on the size of your family. You cannot simply share your residential unit with anybody other than your family. The halls and corridors in any group cannot get used as bedrooms. If rules to be followed, just three individuals can share a single room; certainly, this excludes the kids and the housemaids.
To sum up, since you know much about these things now, you should check out property in Saadiyat Island that is absolutely worth exploring. You would be astonished by the options you get!