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The property is perfect, the rent is affordable and there is a sale at Home Centre. But before you start swiping that plastic, it is time to get meticulous with the paperwork. These are what you need to know when you are renting a property in Abu Dhabi:
• You need to provide a passport copy, a visa page copy and an Emirates ID copy to your landlord or property agent.
• Your landlord or property agent will produce two original copies of the tenancy agreement between the two parties which will be in two languages: English and Arabic. These are usually obtained from a local typing agency for a nominal fee of Dh5-10. Property agents or property management companies have their own tenancy contracts in keeping with the government’s rules and regulations.
• It is important to ensure that the tenancy agreement is registered with the Abu Dhabi Municipality. The property registration initiative is called ''Tawtheeq'' and it is the responsibility of the landlord to ensure it is done. This prevents fraudulent behavior by both parties and is a tool for compiling statistical data. The municipality-registered tenancy agreement must then be signed by both parties.
• The payment method is by cheque. Although the number of cheques varies, the most common is one or two cheques per year. In case of two cheques, both are given at the same time with one being postdated.
• Additionally, landlords customarily demand a security deposit in case of damage to property. The amount depends on multiple factors including the annual rent of the property and whether you are dealing directly with the landlord or not. It ranges from Dh2,000 to Dh10,000, and is refundable after deduction in case an inspection reveals damages by the tenant.
• You will receive one receipt for the rent payment by cheque and a separate one for the security deposit.
• Keep the paperwork in a safe place. It needs to be produced to obtain a residency visa for your family, and then subsequently to renew it.
• Signing a lease requires a degree of fastidiousness to avoid legal implications
• Tawtheeq is an initiative that ensures transparency in contract registration
• Registered tenancy contract a must when obtaining or renewing family visa
Find out what you need to consider when renting a flat in Dubai
Source: Bushra Hameduddin, Special to Properties
The writer is a freelancer