Step 1. The Landlord finds a tenant.

Step 2. A lease agreement is concluded between the two parties, specifying: (a) the amount of the annual lease; (b) the procedure for mutual settlements; (c) the term of the lease; (e) conditions for renewal of the contract; (f) the procedure for covering the costs of maintenance and operation of real estate; (g) liability of the parties in case of failure to comply with the terms of the contract

Step 3. When signing the contract, the Tenant pays the total rent (using post-dated checks) and a security deposit (usually 5% of the annual rent).

Step 4. After payment, the Tenant gets the keys and access cards to the property and common areas. Copies of documents are necessary to activate utilities (electricity, water, air conditioning, telephone, Internet), including the Landlord’s passport, Title Deed copy, Emirates ID of the Landlord, a copy of the Landlord’s residence visa, as well as other agreed documents if it’s necessary.