The advertisement shows the annual rent, but not the amount that will be needed in the week of signing the contract. Multiple payments occur simultaneously and can have a significant impact on your available budget.
Rent payment
The amount of the first payment depends on the agreed number of checks and dates. More frequent payments may affect the price. All amounts and recipients must match the agreements.
Deposit and commission
The security deposit is intended to cover the agreed obligations and the condition of the property, and the commission pays for the work of the intermediary. The conditions for returning the deposit and the amount of each payment must be recorded.
Registration and connections
Ejari, DEWA, district cooling, gas, internet and access cards may require fees or deposits. The set depends on the specific building.
Housing preparation
Even a furnished apartment creates expenses for moving, cleaning, small purchases and replacing missing items. In the unfurnished version, the budget for furniture and appliances easily becomes a separate project.
Financial reserve
After all payments there must be some stock left. It is dangerous to use all your available capital to rent: in the first months, transport, medical and household expenses often appear that cannot be accurately predicted in advance.
You need to compare options based on the full starting amount, and not just the number in the ad.