Here’s what Dubai landlords are offering tenants for . New supply in the market is causing rents to drop. Faced with the prospect of leaving homes empty, landlords with mortgage commitments are even offering 1. Tenants looking to move homes must keep in mind that property prices listed on advertisements and websites should only be used as a guideline as the actual negotiated price is usually different. Ultimately, it all boils down to negotiation. Take emotion out of the equation and do your homework first, so you have ammunition for your negotiations.

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Be firm and always have a few options you are working on at the same time. The landlords will buckle as the power has clearly shifted to the tenant. However, you have to compare the cost of moving versus paying a higher rent. There will be other factors, such as exact location . It's a trend in the market and what is happening is the bigger picture.

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But as with anything, not everyone is going to feel it immediately. The 1. 2- cheque option is slowly gaining ground in these areas. There are also competitive deals to be had in Business Bay, Sports City and International Media Production Zone, as per SPF Realty. A tenant needs to be savvy and resourceful by doing their homework, speaking to reputable agents who have access to proper rental data and are knowledgeable of recent transactions in the area you considering. They should also be open to areas they haven't considered before and look at various area guides to know about the amenities. Ask colleagues, friends or strangers at a building/community you are visiting about their rental experiences. Join a Facebook group for the area/building you are interested in.

Not only will you get real information about the area/building, but you will also see properties for rent. Another option tenants can consider is rent- to- own schemes.

Landlords whose properties are not renting out for over two to three months should consider giving an option of rent- to- own to the tenants. In brief, it is converting expense to asset by applying major part of rent towards the purchase/sale price. For owners, it helps secure a higher rent, higher sales price .

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