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What Is a Security Deposit, How Much Is It, And What Does It Cover?

A security deposit is a sum paid by the tenant to the landlord or property manager to cover any damages to the property beyond normal wear and tear during the tenancy. It is usually equivalent to 5% of the annual rent for unfurnished properties and 10% for furnished ones.

More Frequently Asked Questions of UAE Real Estate

Does The Tenant Need to Register His Tenancy Contract with Ejari?

What Are The Procedures Involved in Re-Sales and Transfers?

Can Landlords Disconnect DEWA, Empower, and Other Utility Services to Vacate a Tenant from The Property?

What Is DLD?

How Much Does It Cost to Rent an Apartment in Dubai?

How Can I Get Ejari?

Who Is The Landlord?

To Whom Will The Ownership of UAE Real Estate Owned by a Foreigner Be Transferred in The Event of The Landlord's Death?

Do I Need Ejari for DEWA?

Do I Have to Pay Tax on Dubai Property If I Am Resident Abroad?

What Is a DLD Waiver?

How Long Does It Take to Get Ejari?

What is The Average Size of Different Units in Dubai?

How to Finance Off-Plan Property in Dubai?

What Are The Required Documents Needed to List a Property?

From Where is The Land Title Deed Issued in The Emirate of Dubai?

Should Real Estate Transactions Be Registered at The DLD?

What Is The Absorption Rate in UAE Real Estate Market?

What Are The Documents Required to Separate or Attach Land Plots in Dubai?

How Does The Sale Process Work to Sell an Off-Plan Property?

What Documents Are Filled in to Purchase a Property on the Primary Market, i.e., Directly from The Developer?

How Can I Register to Ejari?

How Does The Law Deal with The Increase or Decrease in The Area of Real Estate?

What Are The Best Areas to Invest in Property in Dubai?

Can I Get a Residency Visa When Buying a Property in Dubai?

How Long Does It Take to Register a Sale of Real Estate and Receive The Ownership Certificate?

Can Real Estate Projects in Dubai Be Mortgaged?

What Guarantee Do I Have That My Development Will Be Completed?

How Do I Rent My Purchased Property?

What is The Property Purchase Process in Dubai?

What is The Primary UAE Real Estate Market?

Can I Sell an Off-Plan Property Before Its Completion Date?

What Are The Payments The Tenant Needs to Make Once Agreed on Leasing a Property?

Who Is Entitled to Own Real Estate in The Emirate of Dubai?

What is Oqood?

Can Any Foreign Nationals Own Freehold Property in Dubai?

What If I Don't Pay The Service Charges?

What Is The Approved Measuring Unit in The Emirate of Dubai?

Is VAT Applicable on Buying Office Rent in Dubai?

What Is a RERA Number?

What Are The Property Management Fees in Dubai?

How to Sell a Property in Dubai?

Is There a VAT on Residential Rent in Dubai?

Can Real Estates in Dubai Be Sold at Auctions?

Is There a VAT on Buying Residential Property in Dubai?

Can a Tenant Use a Third-Party Cheque for His Annual Rent?

What Are The Required Documents Needed to Qualify for a Tenancy Agreement for a Property?

Can a Tenant Terminate His Contract During The Tenancy Period in Dubai?

What is DEWA Dubai?

What Are The Maintenance and Parking Charges?

Who Is The Owner of Emaar Properties?

What Are The Procedures That Must Be Made to Ratify a Power of Attorney Issued from Outside The UAE

What Is The Difference Between Freehold and Leasehold in Dubai?

Is There a Penalty Payable to The Property Purchaser If The Project is Not Completed on Time?

How to Register Real Estate in Dubai?

How to Determine The Percentage of Rent Increase?

What is a Property Transfer Fee in Dubai?

What Is a Mortgage Portfolio?

What is RERA Dubai?

What is Driving Real Estate Demand in Dubai?

What Is an Affection Plan in Dubai?

What Are The Advantages of Buying Off-Plan Property in Dubai?

What is The VAT on Hotel Apartments in Dubai?

What is Freehold Property in Dubai?

What Is Primary Registration in Dubai?

Is VAT Applicable on Commercial Rent in Dubai?

Can a Land or Property Be Registered in The Name of a Foreign Company?

What is Ejari Dubai?

What Is a Makani Number in Dubai?

How Much Is It to Create an Ejari Account?

What Is Off-Plan Property in Dubai?

Is It Possible to Mortgage a Property in Dubai?

Is Buying Property in Dubai a Good Investment?

How Do I Apply for DEWA?

Who Is Eligible to Register for Ejari?

Who Are The Top Property Developers in Dubai?

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